Indian Economy

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

Issuing currency notes and coins

Controlling inflation

Regulating banks and financial institutions

Regulating the stock market

2.		Which of the following is not a feature of the 'Green Revolution'?

Use of high-yielding varieties of seeds

Use of chemical fertilizers

Use of irrigation facilities

Use of organic farming techniques

3.		Which of the following is a key feature of the Indian economy?

High per capita income

Strong manufacturing sector

High rate of economic growth

Low level of income inequality

4.		The National Rural Employment Guarantee Act (NREGA) guarantees how many days of employment per year to rural households in India?

50 days

100 days

150 days

200 days

5.		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

6.		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

7.		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

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

Agriculture

Manufacturing

Services

Mining

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 a type of tax in India?

Sales tax

Income tax

Excise tax

All of the above