Economics MCQS – Chapter 5 – Indian Economy MCQ

Indian Economy MCQ, which is covered in this chapter, relates to the topic, Indian Economy. Indian Economy MCQ contains 10 questions. Answers to Economics MCQs are available after clicking on the answer.

1.Indian accommodates nearly _______ percent of world’s population :

(a)    10

(b)    16.7

(c)     50

(d)    19

Answer

Answer: (b)    16.7


 

2. Nearly ______ percent of the population is dependent on agriculture presently in India : (updated)

(a)    72%

(b)    54%

(c)     22%

(d)    None

Answer

Answer: (b)    54%


 

3. How do we measure human well being through the human development Index:

(a)    Through life expectancy at birth

(b)    Through standard of education

(c)     Through real GDP per capita

(d)    All of these

Answer

Answer: (d) All of these


 

4. Gini Index of zero represents perfect _____:

(a)    Equality

(b)    Inequality

(c)     Profit

(d)    Loss

Answer

Answer: (a) Equality


 

5. Our ______ population is below the poverty line:

(a)    Nearly half

(b)    More than one–fourth

(c)     Less than one–fourth

(d)    Nearly one–fourth

Answer

Answer: (d) Nearly one–fourth





Economics MCQS – Indian Economy MCQ

6. To measure the inequality of income and wealth generally which of these is used:

(a)    Human development index

(b)    Gini index

(c)     Per capita income

(d)    National income

Answer

Answer: (b)    Gini index

 


 

7. Indian Railways has been the world’s _______ largest rail network:

(a)    First

(b)    Second

(c)     Third

(d)    Fourth

Answer

Answer: (b)    Second

 


 

8. HDI does not consist of :

(a)    Longevity

(b)    Knowledge

(c)     Life expectancy

(d)    Standard of living

Answer

Answer: (c)     Life expectancy

 


 

9. Capital goods industries mean:

(a)    Machinery, machine tools, etc

(b)    iron & steel, cement, etc

(c)     chemicals, rubber, plastics, etc

(d)    watches, perfumes, etc

Answer

Answer: (a)    Machinery, machine tools, etc


 

10. Which year is known as the “Year of Great Divide”.

(a)    1921

(b)    1951

(c)     1981

(d)    1991

Answer

Answer: (a)    1921

 


 

Leave a Comment