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MCQ on Indian Economy

Which prograrnme gave the slogan, Garibi Hatao ?

  • 4th Five Year Plan
  • 5th Five year plan
  • 6th Five Year Plan
  • 7th Five year plan
  • Correct Option: B  [ 5th Five year plan ]

    Explanation:

The Gandhian economy is based on the principle of:

  • Competition
  • Trusteeship
  • State Control
  • None of the above
  • Correct Option: B  [ Trusteeship ]

    Explanation:

Who was the father of Operation Flood in India ?

  • Dr. Varghese Kurien
  • M. S. Swaminathan
  • A P J Abdul Kalam
  • Morarji Desai
  • Correct Option: A  [ Dr. Varghese Kurien ]

    Explanation: Operation Flood related to Milk Production.

In India, National Income is computed by :

  • Ministry of Fianance
  • Central Statistical Organisation
  • National Development Council
  • Finance Commission
  • Correct Option: B  [ Central Statistical Organisation ]

    Explanation:

NPA of a commercial bank means:

  • Net-Performing Asset
  • New-Performing Asset
  • Non-Personal Account
  • Non-Performing Asset
  • Correct Option: D  [ Non-Performing Asset ]

    Explanation: A non performing asset (NPA) is a loan or advance for which the principal or interest payment remained overdue for long period.

Tertiary sector activities include

  • Cottage industries
  • Mining activities
  • Construction activities
  • Infrastructure services
  • Correct Option: D  [ Infrastructure services ]

    Explanation:

Which of the following is the main problem in the growth of agriculture sector in Tripura ?

  • About 96 per cent of the land holdings are small and marginal
  • 60 per cent of the total geographical area is forest cover
  • Two-third of the geographical area is hilly
  • All of the above
  • Correct Option: D  [ All of the above ]

    Explanation:

Who wrote the book Planned Economy for India?

  • Jawaharlal Nehru
  • Indira Gandhi
  • M. Visvesvaraya
  • Mahatma Gandhi
  • Correct Option: C  [ M. Visvesvaraya ]

    Explanation:

The Plan launched in the 50th year of Indian Independence was :

  • Sixth five year plan
  • Eighth five year plan
  • Ninth five year plan
  • Tenth five year plan
  • Correct Option: C  [ Ninth five year plan ]

    Explanation:

When was National Bank of Agriculture and Rural Development (NABARD) established ?

  • 6th Dec, 1947
  • 6th Dec, 1982
  • 5th Nov, 1982
  • 7th Oct, 1982
  • Correct Option: C  [ 5th Nov, 1982 ]

    Explanation: