Structure of Indian Economy - MCQ

Admin June 16, 2021

 Structure of Indian Economy 

Indian Economy MCQ

Salient features of Indian Economy-MCQs with Answers.


Structure of Indian Economy or Nature of Indian Economy is an important chapter for SSC, Rail, NDA, CDA, UPSC, UPPSC, WBCS, WBPSC and other state exams. In this section, We will represent the most important MCQs with Answers of the Chapter Structure of Indian Economy or the nature of the Indian Economy.
MCQ on Indian Economy.
So, Test Your Knowledge and Boost Your Study.


Structure of Indian Economy-MCQs with Answers 

Indian Economy MCQ Questions and Answers for Practice.


1. In an economy the sectors are classified into public and private on the basis of _____




... Answer is C)
In an economy the sectors are classified into public and private on the basis of Ownership of enterprise

2. The word economics is taken from which language?




... Answer is B)
The word economics is taken from Greek language.

3. The term mixed economy denoted




... Answer is B)
Existence of both private and public sectors.

4. When was the concept of Human Development Index (HDI) introduced by the United Nations development programme?




... Answer is A)
1990.

5. The principle of maximum social advantage is the basic principle of ______




... Answer is C)
The principle of maximum social advantage is the basic principle of Fiscal Economics.

6. In India planned economy is based on




... Answer is B)
In India planned economy is based on Socialist system

7. Tertiary sector activities include




... Answer is D)
Tertiary sector activities include Infrastructure services.

8. In terms of Human Development Index India falls under the following category




... Answer is B)
Medium .

9. It will be true to classify India as _____




... Answer is B)
It will be true to classify India as a labour surplus economy .

10. A socialist economy is




... Answer is A)
A socialist economy is An equalitarian economy.

11. Indian economy is a




... Answer is B)
Indian economy is a Mixed economy.

12. Which of the following experience the fastest expansion during the planning period in India ?




... Answer is C)
Services .

13.The unorganised sector of India is characterized by




... Answer is A)
The unorganised sector of India is characterized by more currency transaction.

14. Trickle down process in India has become




... Answer is C)
Trickle down process in India has become Partly successful.

15. A closed economy is in which




... Answer is C)
A closed economy is in which Neither export nor import take place .

16. India's wage policy is based on




... Answer is A)
India's wage policy is based on Cost of living.

17. The components of HDI is / are




... Answer is A)
Life expectancy index.

18. What is the mainstay of Indian economy?




... Answer is D)
Agriculture.

19. Who is the pioneer of economic nationalism?




... Answer is D)
R.C. Dutta .

20. Take off stage in an economy means




... Answer is A)
Steady growth begins.



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