Jannah Theme License is not validated, Go to the theme options page to validate the license, You need a single license for each domain name.
EconomicsOnline Test

Development Experiences in India – Indian Economy

Tnpsctricks Tnpsctricks
0 290 Less than a minute

Development Experiences in India - Indian Economy

Congratulations - you have completed Development Experiences in India - Indian Economy. You scored %%SCORE%% out of %%TOTAL%%. Your performance has been rated as %%RATING%%
Your answers are highlighted below.
Question 1
Which of the following is the way of Privatisation?
A
Disinvestment
B
Denationalization
C
Franchising
D
All the above
Question 2
Countries today are to be _____ for their growth.
A
Dependent
B
Interdependent
C
Free trade
D
Capitalist
Question 3
The Arguments against LPG is _________
A
Economic growth
B
More investment
C
Disparities among people and regions
D
Modernization
Question 4
Expansion of FDI ____________
A
Foreign Private Investment
B
Foreign Portfolio
C
Foreign Direct Investment
D
Forex Private Investment
Question 5
India is the largest producer of___________in the world.
A
fruits
B
gold
C
petrol
D
diesel
Question 6
Foreign investment includes__________
A
FDI only
B
FPI and FFI
C
FDI and FPI
D
FDI and FFI
Question 7
The Special Economic Zones policy was announced in ___________
A
April 2000
B
July 1990
C
April 1980
D
July 1970
Question 8
Agricultural Produce Market Committee is a ___________
A
Advisory body
B
Statutory body
C
Both a and b
D
none of these above
Question 9
Goods and Services Tax is _______________
A
a multi point tax
B
having cascading effects
C
like Value Added Tax
D
a single point tax with no cascading effects.
Question 10
The New Foreign Trade Policy was announced in the year_____________
A
2000
B
2002
C
2010
D
2015
Question 11
Financial Sector reforms mainly related to _______________
A
Insurance Sector
B
Banking Sector
C
Both a and b
D
Transport Sector
Question 12
The Goods and Services Tax Act came in to effect on ________
A
1st July 2017
B
1st July 2016
C
1st January 2017
D
1st January 2016
Question 13
The new economic policy is concerned with the following
A
foreign investment
B
foreign technology
C
foreign trade
D
all the above
Question 14
The recommendation of Narashimham Committee Report was submitted in the year________
A
1990
B
1991
C
1995
D
2000
Question 15
The farmers have access to credit under Kisan credit card scheme through the following except
A
co-operative banks
B
RRBs
C
Public secstor banks
D
private banks
Question 16
The Raja Chelliah Committee on Trade Policy Reforms suggested the peak rate on import duties at
A
25%
B
50%
C
60%
D
100%
Question 17
The first ever SEZ in India was set up at
A
Mumbai
B
Chennai
C
Kandla
D
Cochin
Question 18
‘The Hindu Rate of Growth’ coined by Raj Krishna refers to
A
low rate of economic growth
B
high proportion of Hindu population
C
Stable GDP
D
none
Question 19
The highest rate of tax under GST is___________ (as on July1, 2017)
A
18%
B
24%
C
28%
D
32%
Question 20
The transfer of ownership from public sector to private sector is known as _____.
A
Globalization
B
Liberalization
C
Privatization
D
Nationalization
Question 21
India was one of the first in Asia to recognize the effectiveness of the ________ processing zone.
A
Export
B
Development
C
Import
D
Technology
Question 22
In 1947, India was a typically _______ economy.
A
Backward
B
Developed
C
Wealth Economy
D
None of the above
Question 23
India suffered from the twin problems of _______ and _____
A
Poverty, Unemployment
B
Low per capita income lack of technology
C
Low productivity, High Cost
D
High Population, Poverty
Question 24
Agricultural sector exhibited features of ___________ institution.
A
Feudal
B
Semi Feudal
C
Technical
D
Both (a) and (b)
Question 25
______ Architect of new conomic policy
A
Manmohan Sing
B
Dr.Raj Krishna
C
Shri.P.V.Narshima Rao
D
Amartiya Sen
Question 26
___________ announced the new industrial policy on July 24, 1991
A
Shri.Narasimha Rao
B
Manmohan Singh
C
Nehru
D
Gandhiji
Question 27
Most of the problems relating to the marketing ________
A
Fruits
B
Vegetables
C
Both
D
None
Question 28
Indian economy has achieved a remarkable rate of growth in _______
A
Industry
B
Service
C
(a) only
D
Both
Question 29
The biggest input for farmer is ______
A
Seed
B
Fertilizer
C
Land
D
Water
Question 30
The Ministry of Agriculture promulgated and order known as ______
A
Cold order
B
Storage order
C
Cold storage order
D
None
Question 31
__________ prices estimated by the Indian council of Agricultural Research
A
Wholesale
B
Retail
C
Market
D
All the above
Question 32
ICAR indicates _________
A
Indian Council Agricultural Research
B
Indian Cold Storage
C
Indian Central Sector Scheme
D
None of the above
Question 33
“Cold Storage Order 1964”, Under the section of _______
A
Section 3
B
Section 4
C
Section 5
D
Section 8
Question 34
KCC indicates _________
A
Kisan credit Card
B
Integrated Cold Chain
C
Standard Research and Development
D
Ministry of Food Processing Industries
Question 35
The new Industrial Policy of 1991 has abolished _____________
A
Monopoly
B
Restrictive trade practice
C
Both ‘a’ and ‘b’
D
‘b’ only
Question 36
____________ facilities of 1991 the lending pattern of commercial banks.
A
Paucity of Credit
B
Factoring
C
Over draft
D
All the above
Question 37
The ___________ act was passed in the parliament on 29th March 2017
A
Goods and service Tax
B
GDP
C
Exim Policy
D
APMC Act
Question 38
The Chelliah Committee’s report had suggested drastic reduction in _______
A
Import duties
B
Export duties
C
Both (a) and (b)
D
None of above
Question 39
Duty credit script to be freely transferable and usable for payments of ______
A
Custom duty
B
Excise duty
C
Service tax
D
All the Above
Question 40
Asia’s First ______ set up in Kandla in 1965
A
EPZ
B
FDI
C
GDP
D
SEZ
Question 41
EPZ indicates ________
A
Export Product Zone
B
Export Processing Zone
C
Export Price Zone
D
Export Zone
Question 42
SEZ indicates ________
A
Special Economic Zone
B
Special Electronic Zone
C
Special Export Zone
D
None of the above
Question 43
__________ reforms aimed a doing away with interest rate distortions.
A
Monetary Reforms
B
Economic Reforms
C
Trade Reforms
D
Agricultural Sector Reforms
Question 44
The components of central sector schemes are _______
A
Mega Food Park, Integrated Cold Chain
B
Scheme for quality assurance
C
(a) only
D
Both (a) and (b)
Question 45
The main cause for economic reforms
A
Growing inefficiency in the use of resources
B
Over produof Industry
C
Mismanagement of firms and the economy
D
All the above
Question 46
SEZ covers
A
Agriculture
B
Industrial parks
C
Forestry
D
Industrial parks and high tech zones
Question 47
Raja.J.Chellaiah committee was meant for _________
A
Fiscal reforms
B
Banking reforms
C
Fiscan reforms
D
Financial reforms
Question 48
India shares ___________ percent of the total world population
A
17.5
B
20.5
C
35.6
D
10.5
Question 49
The primary objective of the industrial policy was ________
A
To develop fishery
B
To abolish restriction of FDI
C
To reduce cottage industry
D
To implement MRTP
Question 50
India is the __________ largest produces of vegetables in the world.
A
First
B
Second
C
Third
D
Fifth
Question 51
The advantages of GST is ________
A
Regulating unorganized sector
B
Regulation organized sector
C
Import duties
D
Agriculture production
Once you are finished, click the button below. Any items you have not completed will be marked incorrect. Get Results
There are 51 questions to complete.
Tnpsctricks Tnpsctricks
0 290 Less than a minute
Tnpsctricks

Tnpsctricks

Leave a Reply

Your email address will not be published. Required fields are marked *

© Copyright 2025, All Rights Reserved  | 
Back to top button
error: Content is protected !!