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. Custom duty is an instrument of which of the following?
[A] Monetary Policy
[B] Foreign Trade Policy
[C] Industrial Policy
[D] Fiscal Policy

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12. What type of a bank is a Local Area Bank?
[A] Scheduled Banks
[B] Non-scheduled Banks
[C] Un-scheduled Banks
[D] None of the above

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13. Which state in India produces most of the silk?
[A] Karnataka
[B] Assam
[C] Kerala
[D] Andhra Pradesh

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14. For which of the following purpose World Bank loan is given?
[A] Make available the currency of a particular country in case of shortage
[B] Countries for sound projects for development purposes
[C] Improve the social and cultural conditions of a country
[D] None of these

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15. Who is the author “The Theory of Economic Growth”?
[A] Gary Becker
[B] Mark Skousen
[C] Israel Kirzner
[D] W Arthur Lewis

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16. Which of the following are part of the Quaternary sector?
 
[A] Banking
[B] Agriculture
[C] Restaurant
[D] Information technology

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17. Which of the following measures are not for the protection of workers in the unorganized sector?
[A] Government fixing minimum wages and minimmum working hours
[B] Government providing cheap loans to self employed people
[C] Government providing subsidised food and education
[D] None of the above

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18. Who is the father of the White Revolution in India?
[A] M.S.Swaminathan
[B] Verghese Kurien
[C] R.S.Sodhi
[D] Sam Pitroda

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19. Which type of crop production is provided the help of geo-informatics under Project Chaman?
[A] Cash Crops
[B] Food crops
[C] Plantation
[D] Horticulture

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20. Which is the largest Millet producing nation in the world?
[A] China
[B] India
[C] Indonesia
[D] Mexico

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