This quiz works best with JavaScript enabled. Home > Indian Economy > Overview > Indian Economy – Quiz 14 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Indian Economy Quiz 14 (17 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. What was the literacy rate of India in 2017? A) 65%. B) 70.4%. C) 74.4%. D) 79.5%. Show Answer Correct Answer: C) 74.4%. 2. The people who make the products come to the consumers by transportation are called ..... A) Businessman. B) Retailers. C) Traders. D) Industrialists. Show Answer Correct Answer: C) Traders. 3. Assertion (A):Service sector covers activities in which natural products are changed into other forms through ways of manufacturing that we associated with. A) Both A and R are true and R is the correct explanation of A. B) Both A and R are true but R is not the correct explanation of A. C) A is true but R is false. D) A is false but R is true. Show Answer Correct Answer: D) A is false but R is true. 4. How much public sector was exist in 1951? A) 5. B) 10. C) 29. D) 14. Show Answer Correct Answer: A) 5. 5. POPULATION OF INDIA IN 2011 CENSUS A) 121.08. B) 130.87. C) 120.00. D) 130.87. Show Answer Correct Answer: A) 121.08. 6. Which one of the following has a lower Nominal GDP per capita more than India? A) Estwani. B) Kosovo. C) Madagascar. D) Gabon. Show Answer Correct Answer: C) Madagascar. 7. Scarcity is the root of A) Social problems. B) All economic problems. C) Political problems. D) All problems. Show Answer Correct Answer: B) All economic problems. 8. The one rupee note nears the signature of: A) RBI Governor. B) President of India. C) Finance Minister. D) Finance Secretary. Show Answer Correct Answer: D) Finance Secretary. 9. What is the year of India's 12th Five year plan? A) 1997-2002. B) 2002-2007. C) 2007-2012. D) 2012-2017. Show Answer Correct Answer: D) 2012-2017. 10. Which one of the following means of transport is used for carrying solids in a slurry form? A) Truck. B) Railway. C) Pipeline. D) Ships. Show Answer Correct Answer: C) Pipeline. 11. Which of the following best describes horizontal foreign direct investment? A) FDI into industry that provides inputs to the firm. B) FDI into industry that uses the firms output. C) Long-term lending to the foreign enterprises. D) FDI in the same Industry abroad as the foreign investor for firm. Show Answer Correct Answer: D) FDI in the same Industry abroad as the foreign investor for firm. 12. What is the growth rate percapita income on the eve of Independence? A) 4%. B) 1/2 %. C) 2.5%. D) None of the above. Show Answer Correct Answer: B) 1/2 %. 13. THE SECTORS ARE CLASSIFIED INTO PUBLIC & PRIVATE SECTOR ON THE BASIS OF- A) EMPLOYMENT CONDITIONS. B) THE NATURE OF ECONOMIC ACTIVITIES. C) NUMBER OF WORKERS EMPLOYED. D) OWNERSHIP OF ENTERPRISES. Show Answer Correct Answer: D) OWNERSHIP OF ENTERPRISES. 14. Which of the following was not a part of FDI policy 2017? A) Strengthening of FIPB. B) Introduction of foreign investment facilitation portal. C) Introduction of standard operating procedure. D) Issue of convertible notes by start ups. Show Answer Correct Answer: A) Strengthening of FIPB. 15. The Industrial Policy Resolution was adopted in ..... A) 1954. B) 1958. C) 1956. D) 1952. Show Answer Correct Answer: C) 1956. 16. Which of the following is a capital resource? A) Sewing machine. B) Money. C) Scissors. D) All of the above. Show Answer Correct Answer: D) All of the above. 17. Tha number of Banks nationalised since 1969 is A) 8. B) 12. C) 14. D) 20. Show Answer Correct Answer: D) 20. ← PreviousRelated QuizzesIndian Economy 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 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books