Wednesday 1 March 2023

Multiple choice questions on Indian economy


What is the current Gross Domestic Product (GDP) growth rate of India?

a. 4.5%

b. 6.5%

c. 9.5%

d. 12.5%

Answer: b. 6.5%


Which of the following sectors contributes the most to the Indian economy?

a. Agriculture

b. Services

c. Manufacturing

d. Mining

Answer: b. Services


What is the current inflation rate in India?

a. 3%

b. 5%

c. 8%

d. 10%

Answer: b. 5%


Who is the current Governor of the Reserve Bank of India?

a. Urjit Patel

b. Raghuram Rajan

c. Shaktikanta Das

d. Duvvuri Subbarao

Answer: c. Shaktikanta Das


Which of the following is the largest employer in India?

a. Manufacturing sector

b. Agriculture sector

c. Service sector

d. Mining sector

Answer: b. Agriculture sector


Which of the following is not a member of the BRICS countries?

a. India

b. Brazil

c. Russia

d. Canada

Answer: d. Canada


Which of the following is India's largest trading partner?

a. USA

b. China

c. Japan

d. UAE

Answer: b. China


What is the current unemployment rate in India?

a. 3%

b. 5%

c. 8%

d. 10%

Answer: c. 8%


What is the name of India's first indigenously developed payment system?

a. BHIM

b. UPI

c. RuPay

d. Aadhaar Pay

Answer: c. RuPay


What is the name of the scheme launched by the Government of India for financial inclusion of the poor?

a. Pradhan Mantri Jan Dhan Yojana

b. Digital India

c. Make in India

d. Swachh Bharat Abhiyan

Answer: a. Pradhan Mantri Jan Dhan Yojana


What is the current repo rate in India?

a. 3%

b. 5%

c. 7%

d. 9%

Answer: b. 5%


What is the name of the Indian stock market index?

a. Nifty

b. Sensex

c. BSE

d. NSE

Answer: b. Sensex


What is the name of the Indian currency?

a. Dollar

b. Yen

c. Euro

d. Rupee

Answer: d. Rupee


What is the name of the Indian government's flagship program for rural development?

a. MGNREGA

b. PM-KISAN

c. Swachh Bharat Abhiyan

d. Ayushman Bharat

Answer: a. MGNREGA


What is the current fiscal deficit of India?

a. 4.5% of GDP

b. 6.5% of GDP

c. 8.5% of GDP

d. 10.5% of GDP

Answer: c. 8.5% of GDP

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