Indian Economic Development Policy Quiz 2 (20 MCQs)

Quiz Instructions

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1. Which objective of planning was considered a necessity to reduce our dependence on foreign goods:

Correct Answer: B) Self reliance.

2. Indian economy depend on ..... secto

Correct Answer: B) Agriculture.

3. Which of the following is an example of is non durable goods?

Correct Answer: C) Both a and b.

4. Those goods which satisfy human wants directly are called?

Correct Answer: C) Consumer goods.

5. British rule lasted for almost for ..... years.

Correct Answer: C) 200 years.

6. Economists identify the poor on the basis of their:

Correct Answer: D) Both 1 and 2.

7. The minimum calorie requirement in Rural areas to decide poverty line is

Correct Answer: C) 2400 calories.

8. What was growth in per capita income at the time of British rule

Correct Answer: B) 0.5.

9. Classification of goods depend on the

Correct Answer: B) End use.

10. MGNREGA was launched in the year .....

Correct Answer: C) 2006.

11. The division of money into M1, M2, and M3 is based on

Correct Answer: D) Liquidity.

12. The final approval to the five-year plans of India is given by?

Correct Answer: C) National Development Council.

13. On 15th august 2020 we celebrated ..... independence day.

Correct Answer: C) 74.

14. ..... percentage of population dependent on agricultural sector.

Correct Answer: B) 1/3%.

15. There exists a direct relationship between ..... and poverty

Correct Answer: A) Unemployment.

16. Who is who

Correct Answer: B) Rashi.

17. Who among these had estimated National income for first time

Correct Answer: D) BOTH OF THESE.

18. In which year is the Task Force Group formed?

Correct Answer: A) 1979.

19. Which of the following is a phase of circular flow of income

Correct Answer: D) All of these.

20. Which of the following best describes the GST?

Correct Answer: C) A consumption-based indirect tax on goods and services.