This quiz works best with JavaScript enabled. Home > Indian Economy > Indian Economy – Quiz 8 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Indian Economy Quiz 8 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which of these are Structural reforms? A) Short term measures. B) Improve the demand side of the economy. C) Remove growth bottle necks. D) Improving subsidy side of the economy. Show Answer Correct Answer: C) Remove growth bottle necks. 2. Which of the following is not matched correctly? A) Rabi Crop Mustard, Cucumber. B) Rabi Crop Mustard, Barley. C) Zaid Crop Moong, vegetables. D) Kharif Crop Cotton. Show Answer Correct Answer: A) Rabi Crop Mustard, Cucumber. 3. Cotton is a ..... product and cloth is a ..... product. A) Natural, manufactured. B) Natural, final. C) Final, manufactured. D) None of above. Show Answer Correct Answer: A) Natural, manufactured. 4. MGNREGA guarantee job to poor for A) 100 days. B) 90 days. C) 60 days. D) 50 days. Show Answer Correct Answer: A) 100 days. 5. Economic Survey is published by: A) Ministry of Finance. B) Planning Commission. C) Government of India. D) Indian Statistical Institute. Show Answer Correct Answer: A) Ministry of Finance. 6. Which of the following economic activity is not in the tertiary sector A) Banking. B) Bee-Keeping. C) Teaching. D) Working in a call center. Show Answer Correct Answer: B) Bee-Keeping. 7. Which one of the following economic activities is not in the tertiary sector? A) Banking. B) Bee keeping. C) Teaching. D) Working in a call centre. Show Answer Correct Answer: B) Bee keeping. 8. Disinvestment means selling of a public investment to a A) Private enterprise. B) Public enterprise. C) Capital market. D) Departmental enterprise. Show Answer Correct Answer: A) Private enterprise. 9. In India in 1973-74, the two sectors that significantly grew together were A) Primary and secondary. B) Primary and Tertiary. C) Secondary and Tertiary. D) None of above. Show Answer Correct Answer: B) Primary and Tertiary. 10. Name one functioning activity of the Tertiary sector? A) Goods that are produced would need to be transported by trucks or trains and then sold in wholesale and retail shops. B) This sector gradually became associated with the different kinds of industries. C) Activities in which natural products are changed into other forms through ways of manufacturing. D) Produce a good by exploiting natural resources. Show Answer Correct Answer: A) Goods that are produced would need to be transported by trucks or trains and then sold in wholesale and retail shops. 11. Which of the following statement is FALSE? A) The growth of agriculture during reforms period decreased. B) The growth of Industry during reforms period decreased. C) Foreign Direct investment increased. D) Growth of GDP decreased. Show Answer Correct Answer: D) Growth of GDP decreased. 12. TISCO and RIL stands for A) Tata Iron and Steel Company Limited, Reliance Industries Limited. B) Tata Iron and Soil Company Limited, Reliance Industries Limited. C) Tata Iron and Steel Company Limited, Reliance India Limited. D) Tata Iron and Steel Company Limited, Reliance Indian Limited. Show Answer Correct Answer: A) Tata Iron and Steel Company Limited, Reliance Industries Limited. 13. Choose the meaning of organised sector: A) It covers those enterprises where the terms of employment are regular. B) It is outside the control of the government. C) Jobs are not regular. D) It provides low salaries. Show Answer Correct Answer: A) It covers those enterprises where the terms of employment are regular. 14. The task of measuring GDP is undertaken by the A) Central government. B) State government. C) Provincial government. D) All of the above. Show Answer Correct Answer: A) Central government. 15. Which of the following statements is not correct? A) The first Finance Commission was constituted in 1955. B) Article 281 is related to the recommendations of the Finance Commission. C) The recommendations of the Finance Commission are advisory to the Central Government, not binding. D) Finance Commission is constituted for 5 years. Show Answer Correct Answer: A) The first Finance Commission was constituted in 1955. 16. Since when the service tax is being imposed in India? A) 1991. B) 1999. C) 1994. D) 2001. Show Answer Correct Answer: C) 1994. 17. What was the the literacy rate of India on the eve of Independence? A) 30%. B) 26%. C) 15%. D) 16%. Show Answer Correct Answer: D) 16%. 18. The helicopter services to Oil and Natural Commission in its offshore operations are provided by: A) Air India. B) Indian Airlines. C) Pawanhans helicopters. D) Alliance Air. Show Answer Correct Answer: C) Pawanhans helicopters. 19. Tele communication is sun rise industry in India. A) True. B) False. C) Either true or false. D) Neither true nor false. Show Answer Correct Answer: A) True. 20. Small and scatter units which are largely outside the control of the government, is called ..... A) Organised sector. B) Unorganized sector. C) Public sector. D) All of these. Show Answer Correct Answer: B) Unorganized sector. ← 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 9Indian Economy Quiz 10Indian Economy Quiz 11 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books