Economy Quiz – 1

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

19. Who functions as the banker to other banks?

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