Economy Quiz - 1 1 / 20 1. What does NABARD stand for in its full form? National Bank for Agriculture and Rural Development National Association for Agriculture and Regional Development National Authority for Banking and Rural Development National Bank for Agriculture and Business Development 2 / 20 2. Who is responsible for announcing the Minimum Support Price (MSP) in India? Reserve Bank of India NITI Aayog Commission for Agricultural Costs and Prices (CACP) Ministry of Finance 3 / 20 3. What was the slogan of the Census of India 2011? "Our Census, Our Future" "People Come First" "Inclusive India, Progressive India" "We Count Everyone" 4 / 20 4. At advanced stages of economic development, which sector typically contributes the least to the GDP? Tertiary Sector Secondary Sector Primary Sector Quaternary Sector 5 / 20 5. What is a trade agreement made between two parties called? Multilateral Agreement Bilateral Agreement Regional Agreement Free Trade Agreement 6 / 20 6. Who functions as the banker to other banks? Ministry of Finance NABARD SBI RBI 7 / 20 7. The Swaran Singh Committee was constituted during the tenure of which Prime Minister? Lal Bahadur Shastri Indira Gandhi Morarji Desai Jawaharlal Nehru 8 / 20 8. In the context of banking, what does the acronym CTS stand for? Credit Transfer Service Cheque Truncation System Centralized Transaction System Core Transaction Settlement 9 / 20 9. Which statutory body for higher education was established during India’s First Five Year Plan? ICSSR AICTE UGC NCERT 10 / 20 10. What is the annual health coverage amount provided to a family under the 'Ayushman Bharat' scheme launched by the Government of India? ₹ 4 lakh ₹ 1 lakh ₹ 5 lakh ₹ 2 lakh 11 / 20 11. Who was the Agriculture Minister responsible for introducing new agricultural technology in India during the Green Revolution? V. Kurien M. S. Swaminathan Rajendra Prasad C. Subramaniam 12 / 20 12. Which type of tax is imposed on transactions that result in negative consequences, such as pollution? Income Tax Pigovian Tax Sin Tax Excise Duty 13 / 20 13. Who is referred to as the father of 'Microeconomics'? Adam Smith John Maynard Keynes Alfred Marshall David Ricardo 14 / 20 14. According to which scheme is there no requirement to maintain a minimum balance in bank accounts? Atal Pension Yojana Pradhan Mantri Jan Dhan Yojana Sukanya Samriddhi Yojana Stand-Up India Scheme 15 / 20 15. The Green Revolution played a key role in reducing India's dependence on the imports of which commodity? Sugar Cotton Wheat Oil 16 / 20 16. In which year was the Fourth Five Year Plan launched? 1965 1960 1969 1968 17 / 20 17. Who was the leader of the Green Revolution in India? Norman Borlaug Verghese Kurien M. S. Swaminathan C. Subramaniam 18 / 20 18. From which year was the practice of showing the budget deficit discontinued in India? 2000 1995 1997 1990 19 / 20 19. As per the 2011 Census, which state is the second most populous in India? Uttar Pradesh Maharashtra West Bengal Rajasthan 20 / 20 20. What is the name of the international organization that provides loans to the governments of various countries? World Health Organization World Trade Organization United Nations World Bank Your score is Restart quiz By WordPress Quiz plugin
