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Indian Economy Quiz for SSC and Railways Exams (Set – 1)

Published on Tuesday, March 15, 2016
Dear Readers,
Today we are presenting you a 10 question set on Indian Economy which is very important for your upcoming SSC CGL 2016 and RRB NTPC 2016. Try to solve it.

Indian Economy Quiz for SSC and Railways Exams

1. The oldest large scale industry in India is
a) Cotton Textile
b) Iron & Steel
c) Jute
d) Paper



2. The “Big Push” strategy was adopted for development of India’s
a) First Five Year Plan
b) Third Plan
c) Fourth Plan
d) Second Plan



3. In the Indian economy prior to 1947, there was virtually no ____________ in the Indian economy.
a) Public Sector
b) Socialist Goal
c) Agricultural Development
d) Governmental Involvement



4. Total National Consumption comprises
a) Private consumption
b) Public consumption
c) Export
d) Public and private consumption



5. “Green Revolution” means
a) Using green manure
b) Raising more crops
c) High-yielding variety program
d) Green vegetation



6. “Poverty Line” means
a) The line of demarcation between the rich and the poor
b) The lowest level in the ladder of economic prospertity
c) The state at which there is a leveling down between the rich and the poor
d) The minimum level of per capita consumer expenditure



7. The Chairman of Planning Commission is
a) The Prime Minister
b) Governor, RBI
c) The President
d) Chairman, NABARD



8. Which of the following are indirect taxes?
a) Customs
b) Excise Duty
c) Sales Tax
d) All of the Above



9. The word “economic overheads” refer to
a) Hospitals
b) Schools
c) Railways
d) Offices



10. The core sector of Indian economy is
a) Electronics
b) Iron and Steel
c) Textiles
d) Sugar





Answers:


1. a) Cotton Textile
2. d) Second Plan
3. a) Public Sector
4. d) Public and private consumption
5. c) High-yielding variety program
6. d) The minimum level of per capita consumer expenditure
7. a) The Prime Minister
8. d) All of the Above
9. b) Schools
10. b) Iron and Steel


Thanks.
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