Economy Quiz – 1

1. What is a trade agreement made between two parties called?

2. At advanced stages of economic development, which sector typically contributes the least to the GDP?

3. Which statutory body for higher education was established during India’s First Five Year Plan?

4. In the context of banking, what does the acronym CTS stand for?

5. What was the slogan of the Census of India 2011?

6. In which year was the Fourth Five Year Plan launched?

7. Who was the Agriculture Minister responsible for introducing new agricultural technology in India during the Green Revolution?

8. As per the 2011 Census, which state is the second most populous in India?

9. What is the annual health coverage amount provided to a family under the 'Ayushman Bharat' scheme launched by the Government of India?

10. From which year was the practice of showing the budget deficit discontinued in India?

11. What is the name of the international organization that provides loans to the governments of various countries?

12. Who is responsible for announcing the Minimum Support Price (MSP) in India?

13. Which type of tax is imposed on transactions that result in negative consequences, such as pollution?

14. According to which scheme is there no requirement to maintain a minimum balance in bank accounts?

15. The Swaran Singh Committee was constituted during the tenure of which Prime Minister?

16. Who functions as the banker to other banks?

17. Who was the leader of the Green Revolution in India?

18. What does NABARD stand for in its full form?

19. The Green Revolution played a key role in reducing India's dependence on the imports of which commodity?

20. Who is referred to as the father of 'Microeconomics'?