This quiz works best with JavaScript enabled. Home > Indian Economy > Indian Economy – Quiz 10 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Indian Economy Quiz 10 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Whiich Indian company was bought over by Cargill Foods-a large American MNC? Pick out the name from the alternatives provided A) Amul. B) Fun Foods Ltd. C) Agro Tech Foods Ltd. D) Parakh Foods. Show Answer Correct Answer: D) Parakh Foods. 2. What is extreme poverty? A) Living on less than $ 10 per day. B) Living on less than $ 5 per day. C) Living on less than $ 2.5 per day. D) Living on less than $ 1.9 per day. Show Answer Correct Answer: D) Living on less than $ 1.9 per day. 3. The kind of underemployment is hidden in contrast to someone who does not have a job is clearly visible as unemployed. It is also called as ..... A) Seasonal Unemployment. B) Structural Unemployment. C) Disguised Unemployment. D) Frictional Unemployment. Show Answer Correct Answer: C) Disguised Unemployment. 4. Which of the following is not true of social infrastructure? A) It includes the education and health network. B) It is aimed at improving quality of life. C) It is an investment in human capital. D) It is an investment in manufacturing sector. Show Answer Correct Answer: D) It is an investment in manufacturing sector. 5. In which year new economic reforms introduced in India? A) 1981. B) 1980. C) 1991. D) 1990. Show Answer Correct Answer: C) 1991. 6. What is the secondary sector? A) Production of a good by exploiting natural resources. B) Activities in which natural products are changed into other forms through ways of manufacturing. C) Activities, by themselves, do not produce a good but they are an aid or support for the production process. D) Mineral excavation. Show Answer Correct Answer: B) Activities in which natural products are changed into other forms through ways of manufacturing. 7. Which one of the following activities can be included in primary sector A) Giving loans to the farmers. B) Making sugar from sugar cane. C) Cultivation of sugar cane. D) Providing storage facility for the grains. Show Answer Correct Answer: C) Cultivation of sugar cane. 8. The place where goods and services are exchanged A) Barter. B) Currency. C) Market. D) Resource. Show Answer Correct Answer: C) Market. 9. Who is the current Chief Executive Officer of the NITI Aayog of India? A) Dr. Rajiv Kumar. B) Shri Amitabh Kant. C) Prof. Ramesh Chand. D) Shri Bibek Debroy. Show Answer Correct Answer: B) Shri Amitabh Kant. 10. Period of 2nd five year policy A) 1951-56. B) 1956-61. C) 1961-66. D) 1966-71. Show Answer Correct Answer: B) 1956-61. 11. The tertiary sector is also called ..... A) Secondary sector. B) Service sector. C) Industrial sector. D) Primary sector. Show Answer Correct Answer: B) Service sector. 12. Which of the following statements best describes economic development? A) It always accompanies economic growth. B) It indicates the increase in GDP. C) It is reflected in the quality of life of the people. D) It is a quantitative concept. Show Answer Correct Answer: C) It is reflected in the quality of life of the people. 13. Where r most of the people employed A) Primary. B) Secondary. C) Tertiary. D) None of these. Show Answer Correct Answer: A) Primary. 14. Public health is a liability of ..... A) Private Sector. B) Primary Sector. C) Government. D) All of these. Show Answer Correct Answer: C) Government. 15. Ownership of asset and delivery of services is in the hands of private individuals or companies, known as ..... A) Public sector. B) Private sector. C) Organised sector. D) All of these. Show Answer Correct Answer: B) Private sector. 16. ..... in Gujarat is an example of Tidal Port A) Kandla. B) Paradwip. C) Marmagao. D) None of above. Show Answer Correct Answer: A) Kandla. 17. The task of measuring GDP is undertaken by A) District govt. B) Central govt. C) State govt. D) Local govt. Show Answer Correct Answer: B) Central govt. 18. Only private interference is exist in which type of economy A) Mixed. B) Capitalist. C) Other. D) None of above. Show Answer Correct Answer: B) Capitalist. 19. What is the other name of primary sector A) Service sector. B) Agriculture sector. C) Industrial. D) Activity. Show Answer Correct Answer: B) Agriculture sector. 20. Which of the following is a tertiary sector activity? A) Nursing. B) Making pots. C) Food processing. D) All of the above. Show Answer Correct Answer: A) Nursing. ← PreviousNext →Related QuizzesIndian Economy Quiz 1Indian Economy Quiz 2Indian Economy Quiz 3Indian Economy Quiz 4Indian Economy Quiz 5Indian Economy Quiz 6Indian Economy Quiz 7Indian Economy Quiz 8Indian Economy Quiz 9Indian Economy Quiz 11 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books