This quiz works best with JavaScript enabled. Home > Indian Economy > Planning > Indian Economy And Planning – Quiz 9 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Indian Economy And Planning Quiz 9 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which of the following statements about the Indian Economy is correct? [RBI Grade B Officer 2011] A) Indian economy is as developed as that of China. B) About 70% Indians are involved in some type of self-employment and are the owners of some or the other micro or small enterprise. C) In India, single biggest employment is agriculture and allied activities. D) About 48% Indian workforce is employed in foreign countries or in organizations assisted by foreign capital. Show Answer Correct Answer: C) In India, single biggest employment is agriculture and allied activities. 2. During which Plan did prices show a decline? A) First. B) Third. C) Fifth. D) None of the above. Show Answer Correct Answer: A) First. 3. Which of the following statement is correct about the NITI Aayog? A) NITI Aayog was Formed 25 January 2016. B) NITI Aayog comes under the Ministry of Commerce and Industry. C) The full form of NITI Aayog is National institute for Transforming India. D) The NITI Aayog is a policy think tank of the Government of India. Show Answer Correct Answer: D) The NITI Aayog is a policy think tank of the Government of India. 4. The strategy of Rolling plan was adopted during the Prime Ministership of: [Railways 1994] A) Lal Bahadur Shastri. B) Indira Gandhi. C) Morarji Desai. D) Rajiv Gandhi. Show Answer Correct Answer: C) Morarji Desai. 5. Who is the Deputy Chairman of Planning Commission? A) Prime Minister. B) Finance Minister. C) Commerce Minister. D) None of the above. Show Answer Correct Answer: D) None of the above. 6. In which year was the operation flood started? A) 1971. B) 1977. C) 1980. D) 1970. Show Answer Correct Answer: D) 1970. 7. The 5-year plan was adopted in India from: A) USA. B) Japan. C) United soviet socialist republic. D) Australia. Show Answer Correct Answer: C) United soviet socialist republic. 8. Which one of the following is the correct sequence in the decreasing order of contribution of different sectors to the Gross Domestic Product of India ? [IAS 2007] A) Services-Industry-Agriculture. B) Services-Agriculture-Industry. C) Industry-Services-Agriculture. D) Industry-Agriculture-Services. Show Answer Correct Answer: A) Services-Industry-Agriculture. 9. During 1965-67 which state faced a near-famine situation? A) Tamil Nadu. B) MP. C) Bihar. D) Manipur. Show Answer Correct Answer: C) Bihar. 10. 2-A company which is neither an Indian company not has made the prescribed arrangements for the declaration and payment of dividends within India is called ..... A) Domestic Company. B) Foreign Company. C) Public sector company. D) Provincial company. Show Answer Correct Answer: B) Foreign Company. 11. India has: [CDS 1992] A) Socialistic economy. B) Gandhian economy. C) Mixed economy. D) Free economy. Show Answer Correct Answer: C) Mixed economy. 12. GDP is also know as National Income A) True. B) False. Show Answer Correct Answer: A) True. 13. Which 5-year plan failed in its target due to Indo-china war and is also known as 'Gadgil Yojana'? A) 1st five year plan. B) 2nd five year plan. C) 3rd five year plan. D) 4th five year plan. Show Answer Correct Answer: C) 3rd five year plan. 14. Which of the following gives an accurate measurement of economic development through Five Year Plans? A) Development of education and health services. B) Development of railways and roadways. C) Rise in national income and per capita income. D) Development of industrial towns and industrial estates. Show Answer Correct Answer: C) Rise in national income and per capita income. 15. NITI Aayog is based on the following no. of pillars of effective governance A) 6. B) 7. C) 8. D) 9. Show Answer Correct Answer: B) 7. 16. ..... is the rate at which commercial banks borrow short term funds from the central bank by selling their financial securities to the central bank A) CRR. B) SLR. C) Bank rate. D) Repo rate. Show Answer Correct Answer: D) Repo rate. 17. 3-Tonnage tax system is exclusively intended to ..... A) Joint stock Companies. B) Partnership firms. C) Shipping Companies. D) IT Companies. Show Answer Correct Answer: C) Shipping Companies. 18. The contribution of agriculture to India's' economy is: A) Increasing. B) Decreasing. C) Constant. D) None of these. Show Answer Correct Answer: B) Decreasing. 19. The principal obstacle in the way of agricultural growth was the A) People's attitude. B) Status of Zamindars. C) The pattern of land distribution. D) Heath of farmers. Show Answer Correct Answer: C) The pattern of land distribution. 20. The members of Parliament can express themselves in the House in A) English only. B) Hindi only. C) English or Hindi. D) English, Hindi or mother tongue. Show Answer Correct Answer: D) English, Hindi or mother tongue. ← PreviousNext →Related QuizzesIndian Economy QuizzesIndian Economy And Planning Quiz 1Indian Economy And Planning Quiz 2Indian Economy And Planning Quiz 3Indian Economy And Planning Quiz 4Indian Economy And Planning Quiz 5Indian Economy And Planning Quiz 6Indian Economy And Planning Quiz 7Indian Economy And Planning Quiz 8Indian Economy And Planning Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books