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