Below we have published 10 Indian Economy GK Question with Answers helpful for competitive examinations. If you want to score maximum in your exam must solve each question sincerely and if you came across any new term, try to find more knowledge about it on internet to improve your knowledge.
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Indian Economy MCQs Test Paper -6
Q.1. The World Trade Organisation was earlier known as _______.
A) UNCATD
B) GATT
C) UNICEF
D) FAO
E) None of these
B) GATT
C) UNICEF
D) FAO
E) None of these
Q.2. Bharat Nirman Scheme does not include ________.
A) Pradhan Mantri Gram Sadak Yogna
B) Rural Water Supply Project
C) Irrigation Benefit Programme
D) Sarvav Shiksha Abhiyan
E) None of these
B) Rural Water Supply Project
C) Irrigation Benefit Programme
D) Sarvav Shiksha Abhiyan
E) None of these
Q.3. The product method of calculating National Income is also known as _______.
A) Income Method
B) Net Output Method
C) Value Added Method
D) Expenditure Method
E) None of these
B) Net Output Method
C) Value Added Method
D) Expenditure Method
E) None of these
Q.4. Money Laundering means _______.
A) Depositing money on others behalf
B) Providing money for crime
C) Transferring money from one place to another
D) All of the above
E) None of these
B) Providing money for crime
C) Transferring money from one place to another
D) All of the above
E) None of these
Q.5. The principal source of revenue to the state government in India is ________.
A) Sales tax
B) Sate excise tax
C) Income tax
D) Land revenue
E) None of these
B) Sate excise tax
C) Income tax
D) Land revenue
E) None of these
Q.6. The headquarter of Asian Development Bank is _______.
A) Singapore
B) Dubai
C) Manila
D) Bangkok
E) None of these
B) Dubai
C) Manila
D) Bangkok
E) None of these
Q.7. 'Planned Economy', book is written by _______.
A) Mahatma Gandhi
B) Sardar Vallabh Bhai Patel
C) M. Visvesvarya
D) Jawaharlal Nehru
E) None of these
B) Sardar Vallabh Bhai Patel
C) M. Visvesvarya
D) Jawaharlal Nehru
E) None of these
Q.8. India's wage policy is based on _________.
A) Cost of living
B) Standard of living
C) Productivity
D) All of the above
E) None of these
B) Standard of living
C) Productivity
D) All of the above
E) None of these
Q.9. In India decimal system of currency was introduced in _______.
A) 1950
B) 1957
C) 1948
D) 1956
E) None of these
B) 1957
C) 1948
D) 1956
E) None of these
Q.10. For International payments, the Indian currency is linked to _______.
A) Gold Standard
B) American Dollar
C) British Sterling
D) Europen Euro
E) None of these
B) American Dollar
C) British Sterling
D) Europen Euro
E) None of these
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