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: (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