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Indian Economy


1. 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


2. What is the primary objective of the National Rural Employment Guarantee Act (NREGA)?

To provide employment opportunities to rural households

To promote sustainable agriculture practices in rural areas

To provide free education to rural children

To provide healthcare facilities to rural communities


3. Which of the following is a type of direct tax in India?

Service tax

Excise duty

Corporate tax

Value-added tax (VAT)


4. Which of the following is not a feature of a mixed economy?

Coexistence of public and private sectors

Central planning by the government

Free market forces

Emphasis on social welfare


5. Which of the following sectors of the Indian economy employs the largest number of people?

Agriculture

Manufacturing

Services

Mining


6. 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


7. Which of the following is a primary function of the Reserve Bank of India (RBI)?

Issuing currency notes and coins

Regulating the stock market

Managing the foreign exchange reserves of India

Collecting income tax


8. The 'National Rural Livelihood Mission' was launched in:

2005

2009

2013

2015


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

Mining

Manufacturing

Electricity

Agriculture


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

Economic growth

Social development

Environmental protection

Political stability