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Indian Economy Questions and Answers
Q1. What is the contribution of the chemical industry to Indian GDP?
[A] 6%
[B] 4%
[C] 8%
[D] 3%
Q2. The first wholly Indian Bank was set up in
[A] 1896
[B] 1902
[C] 1894
[D] 1794
Q3. Reserve Bank of India was nationalized in the year
[A] 1969
[B] 1949
[C] 1935
[D] 1945
Q4. Who among the following presented Union Budget maximum number of times?
[A] Pranav Mukherjee
[B] Morarji Desai
[C] P. Chidambaram
[D] R K Shanmukham Chetty
Q5. Who is known as the father of Indian Economics?
[A] Bal Gangadhar Tilak
[B] Gopal Krishna Gokhale
[C] M G Ranade
[D] Adam Smith
Q6. Who among the following is responsible for preparation of National Income estimates in India?
[A] Central Statistical Organization
[B] Finance Commission
[C] IRDA
[D] NITI Aayog
Q7. Who propounded the Market law?
[A] T. R. Malthus
[B] J. B. Say
[C] David Ricardo
[D] Adam Smith
Q8. India has ranked ___________ rank in World Bank’s ‘Ease of doing business’ index.
[A] 101
[B] 102
[C] 100
[D] 99
Q9. Who is known as the ‘Father of Public Sector Undertakings’ in India?
[A] V Krishnamurthy
[B] Sashi Sivramkrishna
[C] Prasanta Chandra Mahalanobis
[D] Ashok Desai
Q10. What is the Color of Rs.50 bank notes in Mahatma Gandhi (New) series introduced recently?
[A] Ray blue
[B] Fluorescent Blue
[C] Stone Grey
[D] Magenta
