This quiz works best with JavaScript enabled. Home > Indian Economy > Overview > Indian Economy – Quiz 3 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Indian Economy Quiz 3 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. The government of India announced its first Industrial Policy in April ..... A) 1947. B) 1948. C) 1956. D) 1961. Show Answer Correct Answer: B) 1948. 2. When was IMF established? A) Dec. 27, 1945. B) Jan. 30, 1947. C) Jan.1, 1946. D) Sept. 24, 1947. Show Answer Correct Answer: A) Dec. 27, 1945. 3. Which of the following was the main objective of NREGA 2005 A) To control the unorganized sector in the rural areas. B) To provide a 100 days of employment by the government. C) To control the flow of money from the primary sector to the tertiary sector. D) None of the above. Show Answer Correct Answer: B) To provide a 100 days of employment by the government. 4. Reforms were introduced during A) 1991. B) 1992. C) 1993. D) 1994. Show Answer Correct Answer: A) 1991. 5. An industry that experienced immense growth in the 1940s through discovery. A) Oil and gas. B) Cattle. C) Farming. D) Urbanization. Show Answer Correct Answer: A) Oil and gas. 6. Swachh Bharat Mission launched on October 2, ..... A) 2014. B) 2015. C) 2016. D) 2017. Show Answer Correct Answer: B) 2015. 7. When did India's population record a negative growth rate? A) 1911-21. B) 1921-31. C) 1941-51. D) 1981-91. Show Answer Correct Answer: A) 1911-21. 8. What is the most widely used tool of monetary policy? A) Open market operations. B) Issuing of notes. C) Discount rate. D) None of these. Show Answer Correct Answer: A) Open market operations. 9. Following was not the risk associated with use of HYV seeds technology A) Pest attack. B) Excess supply of food grain. C) Widening inequalities between rich and small farmers. D) Rich farmers reaping most of the benefits. Show Answer Correct Answer: B) Excess supply of food grain. 10. Disinvestments programme was started in A) 1990-91. B) 1991-92. C) 1992-93. D) 1993-94. Show Answer Correct Answer: B) 1991-92. 11. Which of the following is Maharatna? A) BSNL. B) Hindustan Aeronautics Ltd. C) Airport Authority of India. D) Indian Oil Corporation Ltd. Show Answer Correct Answer: D) Indian Oil Corporation Ltd. 12. In which sector activities are not guided by the profit motive? A) Organised sector. B) Private sector. C) Public sector. D) Unorganised sector. Show Answer Correct Answer: C) Public sector. 13. Find the odd one out of these ..... A) Tourist Guide. B) Washer-man. C) Tailor. D) Carpenter. Show Answer Correct Answer: A) Tourist Guide. 14. Economic survay is published by A) Finance minister. B) Planning commission. C) Government of India. D) Indian Statistical institute. Show Answer Correct Answer: A) Finance minister. 15. National Development council was set up in A) 1948. B) 1950. C) 1951. D) 1952. Show Answer Correct Answer: D) 1952. 16. By 1960, all of the following industries were government-owned EXCEPT A) Banking. B) Handicrafts. C) Electricity. D) Mining. Show Answer Correct Answer: B) Handicrafts. 17. Devaluation of currency leads to A) Fall in domestic prices. B) Fall in domestic prices. C) No impact on domestic prices. D) Erratic fluctuations in domestic prices. Show Answer Correct Answer: A) Fall in domestic prices. 18. The book "Planning Economy for India" was written by? A) V.K.R.V. Rao. B) M.Visvesvaraya. C) K.N. Rai. D) Manmohan Singh. Show Answer Correct Answer: B) M.Visvesvaraya. 19. Indian economy system is ..... A) Capitalist. B) Socialist. C) Mixed. D) Other. Show Answer Correct Answer: C) Mixed. 20. NO.19 TENANCY REFORMS REFERS TO ..... A) NONE. B) BRINGING TOGETHER ALL PLOTS OF LAND OF A CULTIVATOR INTO ONE COMPACT BLOCK. C) THOSE WHO TAKE CULTIVABE LAND ON RENT AND PAY EITHER IN TERMS OF MONEY OR A PART OF PRODUCE. D) DIVIDING THE LAND INTO SMALL PLOTS. Show Answer Correct Answer: C) THOSE WHO TAKE CULTIVABE LAND ON RENT AND PAY EITHER IN TERMS OF MONEY OR A PART OF PRODUCE. ← PreviousNext →Related QuizzesIndian Economy QuizzesIndian Economy Quiz 1Indian Economy Quiz 2Indian Economy Quiz 4Indian Economy Quiz 5Indian Economy Quiz 6Indian Economy Quiz 7Indian Economy Quiz 8Indian Economy Quiz 9Indian Economy Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books