Indian Economy

1.		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

2.		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

3.		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

4.		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

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

Mining

Manufacturing

Electricity

Agriculture

6.		Which of the following is not a feature of a socialist economy?

Central planning of the economy

Collective ownership of the means of production

No private ownership of resources

Market forces are used to determine the prices of goods and services

7.		Which of the following sectors of the Indian economy has the highest share in the country's Gross Domestic Product (GDP)?

Agriculture

Manufacturing

Services

Mining

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

Sales tax

Income tax

Excise tax

All of the above

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

Agriculture

Manufacturing

Services

Mining

10.		Which of the following is not a factor affecting economic growth?

Capital

Labor

Land

Inflation