Indian Economic Development Policy Quiz 2 (25 MCQs)

Quiz Instructions:

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1. The final approval to the five-year plans of India is given by?

2. There exists a direct relationship between _____ and poverty

3. Who among these had estimated National income for first time

4. In which year is the Task Force Group formed?

5. Which of the following is a phase of circular flow of income

6. Which of the following best describes the GST?

7. Small farmers and seasonal workers are categorised as

8. The process of transferring the ownership, Management and control of a public sector partially / entirely to the private sector is known as _____

9. Refrigerator purchased by a confectionery shop is and example of?

10. To protect the goods produced in India from imports Government made use of

11. What is the role of microfinance institutions in supporting workers in the informal sector?

12. One can trace the approach of providing basic amenities through public expenditure from the _____

13. While estimating national income, depreciation is measured from:

14. The minimum requirement of a person _____

15. _____ refers to poverty of people in comparison to other people, regions or nations.

16. The Government implemented _____ plan to prioritize certain sectors and allocate resources accordingly-

17. The Poverty line in India is prepared on the basis of

18. In which year is NABARD formed?

19. Which of the following is an example of a cash transfer program in India?

20. Which of the following is the reason of poverty

21. Food inflation causes both demand-pull inflation as well as _____ Inflation

22. The socialist economy is also known as _____

23. Which of these is not a component of operating surplus?

24. A person who starts a business to produce a new product in the marketplace is known as:

25. Which of the following is an example of micro Economics study