Exercise : Indian Economy MCQ Questions and Answers
Question 1
During the Economic Crisis in July 1991, how many times the rupee was devalued
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Correct Answer : D. 2
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50/50
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Question 2
Non-Scheduled banks are those which have not been included in the ______ scheduled of RBI Act 1934
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Correct Answer : D. second
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Question 3
Which was not one of the major policies launched through New Economic Policy reforms 1991
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Correct Answer : B. Monetization
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Question 4
Which sector is the second largest source of employment in India
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Correct Answer : C. Textile
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Question 5
Which Finance Minister has introduced the service tax concept in india
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Correct Answer : A. Manmohan Singh
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Question 6
If an economy is equilibrium at the point where plans to save and to invest are equal, then government expenditure must be
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Correct Answer : D. equal to government income
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Question 7
Which of the following periods is known as plan holiday in India
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Correct Answer : A. 1965-1970
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Question 8
Black revolution is related to the
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Correct Answer : B. Crude oil Production
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Question 9
Which country is the largest shareholder in ADB?
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Correct Answer : A. Japan
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Question 10
Which is also known as sunrise industry in India?
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Correct Answer : C. IT industry
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