Indian Economy

1.		Which of the following is not a component of the Index of Industrial Production (IIP)?

Mining

Manufacturing

Electricity

Agriculture

2.		Which of the following is not a function of the Reserve Bank of India (RBI)?

Issuing currency notes and coins

Regulating the money supply in the economy

Conducting monetary policy

Regulating the prices of essential commodities

3.		Which of the following is a key objective of the National Food Security Bill?

To promote sustainable agriculture practices

To provide food security to all citizens

To reduce food waste and spoilage

To promote exports of agricultural products

4.		What is the role of the Finance Commission in India's fiscal federalism?

To allocate resources between the center and states

To implement monetary policy

To regulate the stock market

To manage India's foreign exchange reserves

5.		Which of the following is not a component of India's financial system?

Banks

Insurance companies

Stock exchanges

Agricultural cooperatives

6.		Which of the following is NOT a Five Year Plan after the liberalization of the Indian economy?

Eleventh Five Year Plan

Twelfth Five Year Plan

Thirteenth Five Year Plan

Fourteenth Five Year Plan

7.		Which of the following is NOT a pillar of sustainable development?

Economic growth

Social development

Environmental protection

Political stability

8.		What is the Human Development Index (HDI) used for?

To measure economic growth

To measure poverty levels

To measure overall human well-being

To measure environmental sustainability

9.		Which sector contributes the most to India's GDP?

Agriculture

Manufacturing

Services

Mining

10.		What is the main objective of the National Food Security Act in India?

To provide free food to all citizens

To ensure food security to the poor

To reduce the import of food grains

To increase the export of food grains