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