{"id":765,"date":"2023-06-12T13:44:46","date_gmt":"2023-06-12T08:14:46","guid":{"rendered":"https:\/\/edunovations.com\/mcqs\/?p=765"},"modified":"2023-06-12T13:44:49","modified_gmt":"2023-06-12T08:14:49","slug":"introduction-to-indian-economy","status":"publish","type":"post","link":"https:\/\/edunovations.com\/mcqs\/introduction-to-indian-economy\/","title":{"rendered":"Introduction To Indian Economy &#8211; Indian Economy GK MCQ"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edunovations.com\/mcqs\/introduction-to-indian-economy\/#Introduction_To_Indian_Economy_%E2%80%93_Indian_Economy_GK_MCQ_%E0%A4%AD%E0%A4%BE%E0%A4%B0%E0%A4%A4%E0%A5%80%E0%A4%AF_%E0%A4%85%E0%A4%B0%E0%A5%8D%E0%A4%A5%E0%A4%B5%E0%A5%8D%E0%A4%AF%E0%A4%B5%E0%A4%B8%E0%A5%8D%E0%A4%A5%E0%A4%BE_%E0%A4%95%E0%A4%BE_%E0%A4%AA%E0%A4%B0%E0%A4%BF%E0%A4%9A%E0%A4%AF\" >Introduction To Indian Economy &#8211; Indian Economy GK MCQ (\u092d\u093e\u0930\u0924\u0940\u092f \u0905\u0930\u094d\u0925\u0935\u094d\u092f\u0935\u0938\u094d\u0925\u093e \u0915\u093e \u092a\u0930\u093f\u091a\u092f)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edunovations.com\/mcqs\/introduction-to-indian-economy\/#Introduction_To_Indian_Economy_MCQ_Free_MCQs_%E2%80%93_Previous_Year_Questions\" >Introduction To Indian Economy MCQ (Free MCQs) &#8211; Previous Year Questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edunovations.com\/mcqs\/introduction-to-indian-economy\/#Some_Important_Links\" >Some Important Links<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Introduction_To_Indian_Economy_%E2%80%93_Indian_Economy_GK_MCQ_%E0%A4%AD%E0%A4%BE%E0%A4%B0%E0%A4%A4%E0%A5%80%E0%A4%AF_%E0%A4%85%E0%A4%B0%E0%A5%8D%E0%A4%A5%E0%A4%B5%E0%A5%8D%E0%A4%AF%E0%A4%B5%E0%A4%B8%E0%A5%8D%E0%A4%A5%E0%A4%BE_%E0%A4%95%E0%A4%BE_%E0%A4%AA%E0%A4%B0%E0%A4%BF%E0%A4%9A%E0%A4%AF\"><\/span>Introduction To Indian Economy &#8211; Indian Economy GK MCQ (\u092d\u093e\u0930\u0924\u0940\u092f \u0905\u0930\u094d\u0925\u0935\u094d\u092f\u0935\u0938\u094d\u0925\u093e \u0915\u093e \u092a\u0930\u093f\u091a\u092f)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Welcome to our comprehensive MCQ page on the &#8220;Introduction to Indian Economy.&#8221; This page offers a wide range of multiple-choice questions sourced from previous year papers of various exams, including UPSC IAS and other sectors. Whether you are a student preparing for competitive exams or someone interested in understanding the fundamentals of the Indian economy, this resource is perfect for you.<\/p>\n\n\n\n<p>Our MCQ collection provides an insightful introduction to the Indian economy, covering key topics such as economic planning, sectors of the economy, fiscal and monetary policies, banking and finance, and economic indicators. By engaging with these questions, you will gain a solid foundation in understanding the functioning and dynamics of India&#8217;s economy.<\/p>\n\n\n\n<p>Each question in our collection is carefully selected from renowned exams to ensure authenticity and relevance. By practicing these MCQs, you will enhance your knowledge of the Indian economy, improve your analytical skills, and develop a comprehensive understanding of its various aspects.<\/p>\n\n\n\n<p>Whether you are preparing for UPSC IAS or exams in various sectors, our MCQs will help you assess your knowledge, identify areas for improvement, and refine your exam preparation strategy. By attempting these questions, you can familiarize yourself with the types of questions asked in competitive exams and gain confidence in tackling similar questions.<\/p>\n\n\n\n<p>Expand your understanding of the Indian economy by exploring our vast collection of MCQs sourced from previous year papers. Engage with the questions, learn from the explanations provided, and boost your confidence to excel in your upcoming examinations.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Introduction_To_Indian_Economy_MCQ_Free_MCQs_%E2%80%93_Previous_Year_Questions\"><\/span>Introduction To Indian Economy MCQ (Free MCQs) &#8211; Previous Year Questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<style>\r\n    \/* Quiz container *\/\r\n    .quiz-container {\r\n        max-width: 800px;\r\n        margin: 0 auto;\r\n        padding: 20px;\r\n        box-sizing: border-box;\r\n        font-family: Arial, sans-serif;\r\n    }\r\n\r\n    \/* Question *\/\r\n    .question {\r\n        background-color: #f9f9f9;\r\n        padding: 20px;\r\n        border: 1px solid #ccc;\r\n        font-size: 20px;\r\n        margin-bottom: 20px;\r\n        border-radius: 5px;\r\n        box-shadow: 0 2px 4px rgba(0, 0, 0, 0.1);\r\n        position: relative;\r\n    }\r\n\r\n    \/* Question header *\/\r\n    .question h4 {\r\n        margin-bottom: 20px;\r\n    }\r\n\r\n    \/* Options list *\/\r\n    .options {\r\n        list-style-type: none;\r\n        padding: 0;\r\n    }\r\n\r\n    \/* Option item *\/\r\n    .options li {\r\n        margin: 10px;\r\n        padding: 10px;\r\n        display: flex;\r\n        align-items: center;\r\n        border-radius: 5px;\r\n        border: 2px solid #ccc;\r\n        box-shadow: 0 2px 4px rgba(0, 0, 0, 0.1);\r\n    }\r\n\r\n    \/* Option number *\/\r\n    .options li span {\r\n        margin-right: 10px;\r\n        width: 20px;\r\n        height: 20px;\r\n        border-radius: 50%;\r\n        border: 2px solid black;\r\n        display: flex;\r\n        justify-content: center;\r\n        align-items: center;\r\n        font-weight: bold;\r\n    }\r\n\r\n    \/* Option colors *\/\r\n    .options li span.option-a {\r\n        background-color: #FFD700; \/* Yellow *\/\r\n    }\r\n\r\n    .options li span.option-b {\r\n        background-color: #FF1493; \/* Pink *\/\r\n    }\r\n\r\n    .options li span.option-c {\r\n        background-color: #00BFFF; \/* Light Blue *\/\r\n    }\r\n\r\n    .options li span.option-d {\r\n        background-color: #7CFC00; \/* Green-Yellow *\/\r\n    }\r\n\r\n    .options li span.option-e {\r\n        background-color: #EE82EE; \/* Purple-Pink *\/\r\n    }\r\n\r\n    \/* Show answer button *\/\r\n    .show-answer {\r\n        background-color: #0066CC;\r\n        color: #fff;\r\n        border: none;\r\n        padding: 8px 20px;\r\n        font-size: 20px;\r\n        cursor: pointer;\r\n        border-radius: 3px;\r\n        text-align: center;\r\n        display: inline-block;\r\n        margin-bottom: 20px;\r\n    }\r\n\r\n    \/* Answer box *\/\r\n    .answer-box {\r\n        margin: 0 auto;\r\n        padding: 10px;\r\n        font-size: 20px;\r\n        color: #61970F;\r\n        box-sizing: border-box;\r\n        display: none;\r\n    }\r\n\r\n    \/* Question header *\/\r\n    .quiz-container .question-header {\r\n        color: darkblue;\r\n        font-weight: bold;\r\n        margin-right: 10px;\r\n    }\r\n\r\n    \/* Question header and text *\/\r\n    .quiz-container .question-header,\r\n    .quiz-container .question-text {\r\n        display: inline;\r\n        font-weight: bold;\r\n    }\r\n\r\n    \/* Responsive styles *\/\r\n    @media (max-width: 767px) {\r\n        .quiz-container {\r\n            padding: 10px;\r\n        }\r\n    }\r\n<\/style>\r\n<div class=\"quiz-container\">\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">Who is the Ex-officio Chairman of the Planning Commission ?<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_52682\"> Finance Minister<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_52682\">Minister for Planning &amp; Development<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_52682\">Prime Minister<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_52682\">Minister for Rural &amp; Community Develop-ment<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"c\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">Which of the following States has the highest number of slums as per the data recently released by the Ministry of Housing and Urban Poverty Alleviation?<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_52686\"> West Bengal<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_52686\"> Uttar Pradesh<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_52686\">Maharashtra<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_52686\">Andhra Pradesh<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"c\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">Open market operations of RBI refer to buying and selling of<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_52690\">Government bonds<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_52690\"> Foreign exchange<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_52690\">Gold<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_52690\">Commercial bills<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"a\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">Which is the biggest tax paying sector in India?<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_52694\">Industrial sector<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_52694\"> Agriculture sector<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_52694\"> Transport sector<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_52694\">Banking sector<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"a\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">ISI mark is not given to which of the following products?<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_52697\">Cloth<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_52697\">Hosiery goods<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_52697\">Biscuits<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_52697\">Electrical goods<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"c\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">Securities and Exchange Board of India is a<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_52703\"> Regulatory Body<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_52703\">Quasi Judicial body<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_52703\">Advisory Body<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_52703\"> Consititutional Body<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"a\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">The slack season in the Indian economy is<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_52706\"> Mar-April<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_52706\"> Sept-Dec<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_52706\">Jan-June<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_52706\">Feb-April<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"c\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">Consider the following statements :\r\n\r\nHigher growth in GDP and population can occur together.\r\nPer capita income always decreases with high population growth.\r\nWhich of the statements given above is\/are correct?<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_52710\"> 2 only<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_52710\"> Both 1 and 2<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_52710\">1 only<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_52710\">Neither 1 nor 2<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"b\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">Which of the following is definitely a major indication of the state of the economy of a country?<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_52714\">Rate of inflation<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_52714\">None of these<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_52714\">Number of banks in a country<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_52714\">Rate of GDP growth<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"d\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">Which of the following is not a part of national income?<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_52717\">Profits<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_52717\">Wages and Salaries<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_52717\">Rent<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_52717\">Interest on national debt<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"d\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">HRIDAY scheme launched by Urban Development Ministry aims at<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_52722\">Development of smart cities<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_52722\">Education of girl child<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_52722\">Urban sewage treatment<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_52722\">Development of heritage sites<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"d\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">Per capita income is obtained by dividing National Income by<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_52726\">Total working population<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_52726\"> Total population of the country<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_52726\"> Area of the country<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_52726\">Volume of capital used<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"b\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">Which bank is limited to the needs of agriculture and rural finance ?<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_52729\"> SBI<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_52729\">RBI<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_52729\"> IFC<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_52729\">NABARD<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"d\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">Which Five Year Plan is not correct among the following ?<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_52731\"> Second 1956-61<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_52731\"> First 1951-56<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_52731\">Third 1961-66<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_52731\"> Fouth 1966-71<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"d\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">The most appropriate measure of a country\u2019s economic growth is its<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_52732\">Net National Product<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_52732\">Gross Domestic Product<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_52732\"> Net Domestic Product<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_52732\">Per capita Real Income<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"d\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">Inflation is caused by<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_52823\">Increase in cash with the government<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_52823\">Increase in money supply<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_52823\">Decrease in money supply<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_52823\"> Increase in supply of goods<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"b\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">Which of the following can be the outcomes of very high inflation in the economy?\r\n\r\nReduction in economic growth\r\nIncrease in savings\r\nReduction in exports\r\nSelect the correct answer using the codes below :<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_52824\">3 and 4 only<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_52824\"> 2 and 3<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_52824\">1 and 4 only<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_52824\"> 1 and 3 only<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"d\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">The basic regulatory authority for mutual funds and stock markets lies with the<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_52825\">Reserve Bank of India<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_52825\">Government of India<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_52825\">SEBI<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_52825\">Stock Exchange<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"c\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">Which of the following Government of India programmes aims to help, build or upgrade dwelling units of below the poverty line rural families?<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_52827\">Jawahar Rozgar Yojana<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_52827\"> National Social Assistance Programme<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_52827\">Indira Awaas Yojana<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_52827\">Jawaharlal Nehru National Urban Renewal Mission<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"c\">Show Answer<\/button>\r\n    <\/div>\r\n      <div class=\"question\">\r\n      <span class=\"question-header\">Question:<\/span>\r\n      <div class=\"question-text\">The Oilseeds Production Programme (OPP) was launched in<\/div>\r\n      <ul class=\"options\">\r\n        <li><span class=\"option-a\">A<\/span><label for=\"optA_52830\"> 1987<\/label><\/li>\r\n        <li><span class=\"option-b\">B<\/span><label for=\"optB_52830\">1986<\/label><\/li>\r\n        <li><span class=\"option-c\">C<\/span><label for=\"optC_52830\"> 1988<\/label><\/li>\r\n        <li><span class=\"option-d\">D<\/span><label for=\"optD_52830\">1990<\/label><\/li>\r\n              <\/ul>\r\n      <div class=\"answer-box\"><\/div>\r\n      <button class=\"show-answer\" data-answer=\"b\">Show Answer<\/button>\r\n    <\/div>\r\n  <\/div>\r\n<script src=\"https:\/\/code.jquery.com\/jquery-3.6.0.min.js\"><\/script>\r\n<script>\r\n$(document).ready(function() {\r\n  $('.show-answer').click(function() {\r\n    var answer = $(this).data('answer');\r\n    $(this).siblings('.answer-box').html('The correct answer is: ' + answer).slideDown();\r\n    $(this).hide();\r\n  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href=\"https:\/\/edunovations.com\/mcqs\/category\/current-affairs-mcq\/\" target=\"_blank\" rel=\"noreferrer noopener\">Daily Current Affairs MCQs<\/a><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/mcqs\/category\/ncert\/\" target=\"_blank\" rel=\"noreferrer noopener\">NCERT MCQs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/mcqs\/category\/subject-wise\/indian-history\/\" target=\"_blank\" rel=\"noreferrer noopener\">Indian History MCQs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/mcqs\/category\/subject-wise\/indian-polity\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Indian Polity MCQ<\/strong>s<\/a><\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-full\" id=\"Free-GK-MCQ-App\"><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.edunovations.quiz\" target=\"_blank\" rel=\"Free GK MCQ App noreferrer noopener\"><img fetchpriority=\"high\" decoding=\"async\" width=\"900\" height=\"150\" src=\"https:\/\/edunovations.com\/mcqs\/wp-content\/uploads\/2023\/06\/Free-MCQ-App.jpg\" alt=\"Free GK MCQ App\" class=\"wp-image-743\" title=\"Free GK MCQ App\" srcset=\"https:\/\/edunovations.com\/mcqs\/wp-content\/uploads\/2023\/06\/Free-MCQ-App.jpg 900w, https:\/\/edunovations.com\/mcqs\/wp-content\/uploads\/2023\/06\/Free-MCQ-App-300x50.jpg 300w, https:\/\/edunovations.com\/mcqs\/wp-content\/uploads\/2023\/06\/Free-MCQ-App-768x128.jpg 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/a><figcaption class=\"wp-element-caption\">Free GK MCQ App<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\" id=\"Free-Daily-Current-Affairs-MCQ-App\"><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.edunovations.quiz\" target=\"_blank\" rel=\"Free Daily Current Affairs MCQ App noopener\"><img decoding=\"async\" width=\"900\" height=\"150\" src=\"https:\/\/edunovations.com\/mcqs\/wp-content\/uploads\/2023\/06\/Banner-current-affairs-2.jpg\" alt=\"Free Daily Current Affairs MCQ App\" class=\"wp-image-744\" title=\"Free Daily Current Affairs MCQ App\" srcset=\"https:\/\/edunovations.com\/mcqs\/wp-content\/uploads\/2023\/06\/Banner-current-affairs-2.jpg 900w, https:\/\/edunovations.com\/mcqs\/wp-content\/uploads\/2023\/06\/Banner-current-affairs-2-300x50.jpg 300w, https:\/\/edunovations.com\/mcqs\/wp-content\/uploads\/2023\/06\/Banner-current-affairs-2-768x128.jpg 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/a><figcaption class=\"wp-element-caption\">Free Daily Current Affairs MCQ App<\/figcaption><\/figure>\n\n\n\n<script async=\"\" src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6643489308705072\" crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\" style=\"display:block\" data-ad-format=\"autorelaxed\" data-ad-client=\"ca-pub-6643489308705072\" data-ad-slot=\"2759669284\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\n","protected":false},"excerpt":{"rendered":"<p>Introduction To Indian Economy &#8211; Indian Economy GK MCQ (\u092d\u093e\u0930\u0924\u0940\u092f \u0905\u0930\u094d\u0925\u0935\u094d\u092f\u0935\u0938\u094d\u0925\u093e \u0915\u093e \u092a\u0930\u093f\u091a\u092f) Welcome to our comprehensive MCQ page on the &#8220;Introduction to Indian Economy.&#8221; This page offers a wide range of multiple-choice questions sourced from previous year papers of various exams, including UPSC IAS and other sectors. Whether you are a student preparing for [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":766,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"0","ocean_second_sidebar":"0","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"0","ocean_custom_header_template":"0","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"0","ocean_menu_typo_font_family":"0","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"0","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"off","ocean_gallery_id":[],"footnotes":""},"categories":[75],"tags":[612,109,615,611,614,613,91,589,610,590],"class_list":["post-765","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indian-economy","tag-banking-and-finance","tag-competitive-exams","tag-economic-indicators","tag-economic-planning","tag-fiscal-and-monetary-policies","tag-introduction-to-indian-economy","tag-mcqs","tag-previous-year-papers","tag-sectors-of-the-economy","tag-upsc-ias","entry","has-media"],"_links":{"self":[{"href":"https:\/\/edunovations.com\/mcqs\/wp-json\/wp\/v2\/posts\/765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edunovations.com\/mcqs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edunovations.com\/mcqs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edunovations.com\/mcqs\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/edunovations.com\/mcqs\/wp-json\/wp\/v2\/comments?post=765"}],"version-history":[{"count":0,"href":"https:\/\/edunovations.com\/mcqs\/wp-json\/wp\/v2\/posts\/765\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edunovations.com\/mcqs\/wp-json\/wp\/v2\/media\/766"}],"wp:attachment":[{"href":"https:\/\/edunovations.com\/mcqs\/wp-json\/wp\/v2\/media?parent=765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edunovations.com\/mcqs\/wp-json\/wp\/v2\/categories?post=765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edunovations.com\/mcqs\/wp-json\/wp\/v2\/tags?post=765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}