Economy

Indian Economy Question and Answer – Economic and commercial developments for competitive examinations are an important subject, especially for examinations like banks, UPSC and IAS. There are a number of questions based on Indian Economy, Monetary Policy, Agriculture, Five Year Plan, Mixed Economy, Latest Economy Current Affairs, which are here to keep you updated and get success in the interview.

1. Which of the following states has recently launched the Annapurna Rasoi Yojna for providing quality meals to weaker sections at subsidised rates?
Question Asked : SSC Mattie Level MTS Exam 2017

(A) Madhya Pradesh
(B) West Bengal
(C) Rajasthan
(D) Uttar Pradesh

2. What is the meaning of Take off stage’ in an economy?
Question Asked : SSC Junior Engineer (Civil) Exam 2018

(A) Stage of growth
(B) Stage of stagnant
(C) Stage of collapse
(D) Stage of diminish

3. Entertainment tax on cinema is paid by whom?
Question Asked : SSC Junior Engineer (Civil) Exam

(A) By producer
(B) By finance-manager
(C) By Director
(D) By Audience

4. Income and Expenditure Account is
Question Asked : SSC Junior Engineer (Civil) Exam 2018

(A) Property account
(B) Personal Account
(C) Nominal Account
(D) Capital Account

5. When does the problem of unfavourable balance of payment arise
Question Asked : SSC Stenographer Grade ‘C’ & ‘D’ Exam 2017

(A) imports > exports
(B) exports = imports
(C) inflation decreases
(D) No opiton is correct.

6. Tax on import is an example of which among the following?
Question Asked : SSC Multi-Tasking Staff Exam 2017

(A) Foreign trade
(B) Trade Barrier
(C) Economic growth
(D) Globalisation

7. The best indicator of economic development of any country is
Question Asked : SSC Stenographer Grade ‘C’ & ‘D’ Exam 2017

(A) per capita income
(B) per person expense
(C) calorie consumption
(D) women empowerment

8. Distribution of food rains operates under a two tier system with the introduction of
Question Asked : SSC Combined Matric Level (Pre) Exam 2000

(A) Targetted Public Distribution System
(B) The Consumers Cooperatives
(C) The Cooperative Marketing Societies
(D) The Service Cooperatives

9. What was the objective of Command Area Development Programme?
Question Asked : SSC Combined Matric Level (Pre) Exam 2000

(A) To ensure that land is given to the tillers
(B) To ensure better utilisation of irrigation potential
(C) To develop the areas under the command of Army
(D) Poverty alleviation in selected areas

10. On the administered price of which of the following articles no subsidy is given?
Question Asked : SSC Section Officer (Audit) Exam 1997

(A) DAP
(B) ATF
(C) LPG
(D) Kerosene oil