Indian Economy MCQs

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Sikkim was declared India’s first 100% organic state in January 2016. It later received international recognition for this achievement. Uttarakhand is often cited as the second organic state in India.

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Rolling plan can be defined as the plan where there is no fixation of dates in respect of commencement and end of the plan. The meaning of the Rolling Plan was that now, every year the performance of the plan will be assessed and a new plan will be made next year based upon this assessment.

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Rajasthan has been the largest producer of Bajra in India, contributing nearly 40% of the country’s total production. Bajra is mainly cultivated in western Rajasthan, including districts such as Jodhpur, Barmer, Bikaner, and Nagaur. The state’s climate and soil conditions are suitable for pearl millet cultivation. Annual statistics from the Ministry of Agriculture confirm Rajasthan’s leading position for decades.

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The Government of India announced in October 2025 an MSP increase of ₹600 per quintal for safflower for Rabi Marketing Season 2026-27. Masur’s MSP increased by ₹300 per quintal. The MSP for rapeseed & mustard, gram, barley, and wheat received lower increases. Minimum Support Price policies are announced before each Rabi and Kharif season for major crops.

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Global poultry meat production is projected at 109.6 million metric tons in 2026. Chicken is raised more than any other animal worldwide. The United States forecasts chicken production at 22 million tons. China projects 16.7 million tons, Brazil 15.7 million tons, and the European Union 11.9 million tons. Chicken consumption per capita outpaces beef and pork globally.

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The NSSO 2012-13 (70th round) estimated that about 10.4% of operational agricultural land in India was under tenancy. This is the commonly cited official estimate used in policy discussions. The higher 20.6% figure refers to an older 1953-54 estimate, not the 2012-13 survey.

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The textile industry in India directly employs around 45 million people and over 100 million in allied sectors as of 2023. It is the largest manufacturing employer in the country. The Information Technology sector employs around 5 million people. Petroleum and iron and steel industries employ fewer workers compared to textiles.

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Dahej is an industrial town in Bharuch district of Gujarat. Dahej hosts a Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR). The Dahej Industrial Estate spans over 1700 hectares. Dahej’s port handles large chemical cargo. Major chemical plants in Dahej include Reliance Industries and ONGC Petro additions Limited. The Gujarat Industrial Development Corporation manages Dahej Industrial Estate.

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The Indian chemical industry contributed about 7% to India’s GDP in 2024. The industry has a market size of around US$ 220–250 billion and is ranked sixth in the world and third in Asia by output. The industry supports over 2 million people and covers more than 80,000 commercial products.

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India has the world’s largest diamond cutting and polishing centre in the world. It accounts for 95% of the world’s processed diamonds.