Indian Economy MCQs

Indian Economy Multiple Choice Questions (MCQs) for SSC, State and all One Day Examinations of India. Objective Questions on Indian Economy for competitive examinations.

11. What does ‘expropriation’ mean in Foreign Direct Investment (FDI) context?
[A] Government seizes a foreign firm’s property, usually with compensation
[B] Investor acquires property rights in host country
[C] Estimating potential profits and returns from FDI
[D] Government bans profit repatriation to home country

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12. Which of these is used as promise from a bank to make a payment assuming certain conditions are met?
[A] Cash Credit
[B] Over Draft
[C] Letter of Credit
[D] Term Loan

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13. What is the main activity of Infrastructure Finance Companies?
[A] Providing direct loans for infrastructure projects and refinancing
[B] Marketing services for construction firms
[C] Real estate sales and property management
[D] Retail banking and consumer lending

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14. What is the MSMEs’ share in India’s total manufacturing sector output? (UPSC Prelims 1992)
[A] 48.58%
[B] 35.4%
[C] 31.1%
[D] 24.63%

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15. Which of the following is included in market price?
[A] Indirect taxes
[B] Direct taxes
[C] Subsidies
[D] None of the above

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16. Who is the author of the famous book “The social Framework”?
[A] James Tobin
[B] Amartya Sen
[C] Dean Baker
[D] J.R.Hicks

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17. Which of the following are the methods of poverty estimation?
[A] Sen Index
[B] Multidimensional poverty index
[C] Poverty gap Index
[D] All of the above

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18. Which five year plan gave emphasis on the removal of poverty for the first time?
[A] Fifth
[B] Sixth
[C] Seventh
[D] Eigth

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19. Which is the largest rubber producing state in India?
[A] Tripura
[B] Kerala
[C] Karnataka
[D] Tamil Nadu

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20. Which country has the highest per capita sugar consumption?
[A] United States
[B] Germany
[C] Netherlands
[D] Ireland

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