Indian Economy MCQS 2022 & 2023 Exam
Dibrugarh University BCOM 4th SEM CBCS Pattern
2022
1. Answer the following as directed: 1x8=8
(a) Who
invented the Human Development Index? (Choose the correct answer)
(1) Paul
Krugman.
(2) Jean
Dreze.
(3) Amartya
Sen.
(4) Mahbub ul
Haq.
Ans: (4) Mahbub ul Haq.
(b) Who is
the main architect of Green Revolution in India? (Choose the correct answer)
(1) M.S.
Swaminathan.
(2) P.C.
Mahalanobis.
(3) Dadabhai
Naoroji.
(4) Dr.
Manmohan Singh.
Ans: (1) M.S. Swaminathan.
(c) Planning
Commission was set up in (Choose the
correct answer)
(1) 2019.
(2) 1947.
(3) 1950.
(4) 1951.
Ans: (3) 1950.
(d) Write the
full form of ‘NITI’ Aayog.
Ans: National Institution for Transforming
India (NITI Aayog)
(e) Define
absolute poverty.
Ans: Absolute poverty is a financial
condition where an individual or a family does not make enough money
to meet their fundamental human needs.
(f) What is
import substitution industrialization?
Ans: Import substitution industrialization
(ISI) is a trade and economic policy that advocates replacing foreign
imports with domestic production.
(g) Which of
the following is not an indicator of PQLI (Physical Quality of Life
Index)? (Choose the correct answer)
(1) Basic
literacy.
(2) Infant
mortality.
(3) Life
expectancy.
(4) Income
per capita.
Ans: (4) Income per capita.
(h) The
highest contribution in Indian National Income comes from (Choose the correct
answer)
(1) primary
sector.
(2) secondary
sector.
(3) service
sector.
(4) None of
the above.
Ans: (3) service sector.
2023
1. Answer
the following as directed: 1x8=8
(a) Which
one of the following indices is not considered while calculating HDI? (Choose
the correct answer)
(1) Life
expectancy.
(2)
Education.
(3)
Housing.
(4)
Income.
Ans: (3) Housing.
(b) Which
one of the following sectors was the major contributor to the Gross Domestic
Product during the British rule in India? (Choose the correct answer)
(1)
Primary Sector.
(2)
Secondary Sector.
(3)
Tertiary Sector.
(4) None
of the above.
Ans: (1) Primary Sector. [Particularly
agricultural sector)
(c) Which
one of the following is not an indicator of an economically developed nation?
(Choose the correct answer)
(1) High
level of literacy.
(2) Low
death rate.
(3) High
per capital income.
(4) High proportion
of labour in the primary sector.
Ans: (4) High proportion of labour in the
primary sector.
(d) Who
was the Finance Minister of India during economic reforms of 1991?
Ans: Dr. Manmohan Singh
(e) Which
one of the following organizations is a Navaratna? (Choose the correct answer)
(1) NALCO.
(2) BSNL.
(3) Air
India.
(4) IOC
Ans: (1) NALCO.
(f) Which
one of the following agencies is responsible for formulating the Fiscal Policy
in India? (Choose the correct answer)
(1) SEBI.
(2) RBI.
(3) Ministry
of Finance, GOI.
(4)
NABARD.
Ans: (3) Ministry of Finance, GOI.
(g) One of
the problems of India’s Foreign Trade is (Choose the correct answer)
(1)
payment of import in rupees.
(2)
increasing quantity of exports.
(3)
unfavourable terms of trade.
(4) None
of the above.
Ans: (3) unfavourable terms of trade.
(h)
Mention one poverty alleviation programme of Government of India.
Ans: MGNREGA
Post a Comment
Kindly give your valuable feedback to improve this website.