Q 1.The term mixed economy denoted:
(a) existence of both private and public sectors
(b) existence of both heavy and small industries
(c) existence of both developed and underdeveloped industries
(d) existence of both rural and urban sector
Q 2. Which sector of Indian economy has shown remarkable expansion during the last decade?
(a) Primary sector
(b) secondary sector
(c) Tertiary sector
(d) Mining sector
Q 3. Which of the following is not a method of measurement of national income?
(a) Value added method
(b) Income method
(c) Expenditure method
(d) Investment method
Q4. Which of the following was the highest body that approves Five year plans in the country?
(a) Planning commission
(b) Union cabinet
(c) Parliament
(d) National Development Council
Q.5 what is the name of BRICS bank and who is the first president of this bank respectively-
(a) Asian Bank and KV kamath
(b) Asian Development bank and SS Mundra
(c) New development Bank and KV Kamath
(d) Development bank SS mundra
Q 6. Economic Planning is in :
(a) Union list
(b) State list
(c) Concurrent list
(d) not specified
Q7. Which state in India is estimated to have the largest coal reserves in India?
(a) Jharkhand
(b) Orissa
(c) Bihar
(d) Madhya Pardesh
Q8.Major coalfields of India are located in the river valley of :
(a) Damodar
(b) Godavari
(c) Mahanadi
(d) Narmada
Q 9. “Samjhauta Express” runs between which of the following stations ?
(a) New Delhi - Lahore
(b) Amritsar - Lahore
(c) New Delhi -Islamabad
(d) New Delhi - Wagah
Q.10 The best Index to represent standard of living in a country
(a) Poverty Ratio
(b) National Income
(c) GDP
(d) Per capita Income
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