This quiz works best with JavaScript enabled. Home > Indian Economy > Overview > 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. 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. 2. 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. 3. What can cause a country to have a low literacy rate: A) Lack of quality of education. B) Lack of learning material and institutions. C) Lack of resources. D) All of the above. Show Answer Correct Answer: D) All of the above. 4. Development is about ..... A) Building large cities. B) People getting richer. C) Improving peoples quality of life. D) Making people happier. Show Answer Correct Answer: C) Improving peoples quality of life. 5. What type of unemployment is found in the agriculture sector of India? A) Disguised Unemployment. B) Voluntary unemployment. C) Frictional unemployment. D) None of the above. Show Answer Correct Answer: A) Disguised Unemployment. 6. What do you mean by Quotas? A) The quantity of goods which can be exported. B) The quantity of goods which can be Imported. C) Both (a) and ((b). D) None of these. Show Answer Correct Answer: B) The quantity of goods which can be Imported. 7. ..... relationship exists between water, sanitation, health, nutrition and human well-being. A) Direct. B) Indirect. C) Constant. D) All. Show Answer Correct Answer: A) Direct. 8. NO.18 GREEN REVOLUTION RESULTING FROM ..... A) NONE. B) TRADITIONAL IRRIGATION FACILITIES. C) USE OF MANURES. D) HYV SEEDS. Show Answer Correct Answer: D) HYV SEEDS. 9. The Konkan railway has connected places situated A) Along the east coast of India. B) In the Himalayas. C) Along the west coast of India. D) In the north-eastern region of the country. Show Answer Correct Answer: C) Along the west coast of India. 10. The FDI limit in the insurance sector in India is? A) 100 %. B) 79%. C) 49%. D) 26%. Show Answer Correct Answer: C) 49%. 11. What is an economy? A) An Economy is the system of production, distribution and consumption. B) An Economy is the system of production. C) An Economy is the system of distribution. D) An Economy is the system of consumption. Show Answer Correct Answer: A) An Economy is the system of production, distribution and consumption. 12. The fiscal crisis faced by the Indian economy in 1990s was caused primarily by? A) Widening gap between imports and export. B) Difference between savings and investments. C) Widening gap between government expenditure and revenue. D) Difference between aggregate demand and aggregate supply. Show Answer Correct Answer: C) Widening gap between government expenditure and revenue. 13. Assertion(A):Rakesh is an educated and skilled worker who earns a high monthly salary as he is employed in a private bank in a city. A) Both A and R are true and R is the correct explanation of A. B) Both A and R are true and R is not the correct explanation of A. C) Assertion is true, but reason is false. D) Assertion is false, but reason is true. Show Answer Correct Answer: C) Assertion is true, but reason is false. 14. Schedule C industries development were left to: A) Public sector. B) Private sector. C) Both (a) and (b). D) None of these. Show Answer Correct Answer: B) Private sector. 15. Assertion(A):In India, the primary sector is the largest employer. A) Both A and R are true and R is the correct explanation of A. B) Both A and R are true and 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: B) Both A and R are true and R is not the correct explanation of A. 16. Launching of Sansad Adarsh Gram Yojna is related to the: A) Vallabh Bhai Patel. B) Deen Dayal Upadhyay. C) Mahatma Gandhi. D) Jai Prakash Narayan. Show Answer Correct Answer: D) Jai Prakash Narayan. 17. Two causes of poverty are: A) Weather and economics. B) Discrimination and economics. C) Economics and natural disasters. D) Economics and weather. Show Answer Correct Answer: B) Discrimination and economics. 18. Which one of the following is not the means of mass communication? A) Cards and envelopes. B) Radio. C) Newspaper. D) Films. Show Answer Correct Answer: A) Cards and envelopes. 19. Which was the last Five years plan in India A) Eleventh plan. B) Twelfth plan. C) Thirteenth Plan. D) Fourteenth Plan. Show Answer Correct Answer: B) Twelfth plan. 20. Green Revolution resulting from: A) Traditional Irrigation facilities. B) Use of manure. C) HYV seeds. D) None of these. Show Answer Correct Answer: C) HYV seeds. ← PreviousNext →Related 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 9Indian Economy Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books