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Indian Economy - 1

Total questions: 25

Worksheet time: 13mins

Name
Class
Date
1.

Why the World Bank was established?

a)

To promote the International Trade

b)

To reconstruct the economies damaged during the Second World War

c)

To improve the adverse Balance of Payment situation of the nonmember countries

d)

None of the above

2.

Who is the current President of the World Bank Group?

a)

David Malpass

b)

Robert Zoellick

c)

Christine Lagarde

d)

Jim Yong Kim

3.

Who is the richest person in the world in July 2020?

a)

Jack ma

b)

Bill Gates

c)

Jeff Bezos

d)

Warren Buffett

4.

Which country has the most number of billionaires in the world?

a)

India

b)

United Kingdom

c)

China

d)

USA

5.

Who is the richest person in the Asian continent?

a)

Jack Ma

b)

Ma Huateng

c)

Mukesh Ambani

d)

Anil Ambani

6.

Who is the youngest billionaire in the Forbes top 20 richest list?

a)

Mukesh Ambani

b)

Elon Musk

c)

Larry Page

d)

Mark Zuckerberg

7.

Who prepared the 11th five plan of India?

a)

Montek Singh

b)

K. Kasturirajan

c)

C. Rangarajan

d)

Raghuraman Rajan

8.

Who was the last deputy chairman of the Planning Commission?

a)

Dr. Manmohan Singh

b)

Montek Singh Ahluwalia

c)

C. Rangarajan

d)

Shri Pranab Mukherjee

9.

On which of the following the Aatma Nirbhar Bharat Abhiyaan package is focused?

a)

Labour

b)

Land

c)

Liquidity and Laws

d)

All the above

10.

What are the Pillars of Self-Reliant India Movement?

a)

Infra-structure

b)

Economy

c)

Demography

d)

All the above

11.

How much Emergency Working Capital Facility for Businesses, including MSMEs is announced?

a)

Rs 2 lakh crores

b)

Rs 3 lakh crores

c)

Rs 4 lakh crores

d)

Rs 5 lakh crores

12.

For up to how many Rupees will there be in 'No Global tenders for Government tenders'?

a)

Rs 100 crores

b)

Rs 150 crores

c)

Rs 200 crores

d)

Rs 250 crores

13.

How much statutory PF contribution of both employer and employee is reduced under the Aatma Nirbhar Bharat Abhiyaan?

a)

10%

b)

12%

c)

14%

d)

16%

14.

A pregnant women employees is entitled to get paid maternity leave for.....

a)

6 weeks

b)

10 weeks

c)

12 weeks

d)

16 weeks

15.

What is the maximum age for being eligible as a child under The Child Labour (Prohibition and Regulation) Act, 1986?

a)

18 years

b)

16 years

c)

14 years

d)

12 years

16.

Who had formulated the Employees Provident Fund Scheme?

a)

The State Government

b)

ESIC

c)

The Central Government

d)

Medical Benefit Council

17.

When was Make in India programme launched?

a)

September 25, 2014

b)

October 2, 2015

c)

October 11, 2016

d)

July 15, 2015

18.

"Zero Defect Zero Effect" slogan is related to which of the following scheme?

a)

Digital India

b)

Startup India

c)

Clean India mission

d)

Make in India

19.

Which of the following is not a method to calculate the Gross Domestic Product (GDP)?

a)

Income law

b)

Product method

c)

Expenditure method

d)

Diminishing cost method

20.

Which sector contributes the most income to India's economy?

a)

Primary sector

b)

Tertiary sector

c)

Secondary sector

d)

None of these

21.

What is the base year for calculating India's GDP?

a)

2004-05

b)

2010-11

c)

2011-12

d)

2014-15

22.

Which country is the fourth-largest economy in the world in terms of nominal GDP?

a)

Britain

b)

Germany

c)

Japan

d)

Russia

23.

Who gives the final approval to the five-year plans of India?

a)

Ministry of Finance

b)

President of India

c)

National Development Council (NDC)

d)

Planning Commission (now NITI Aayog)

24.

What as the prime target of the first five-year plan of India?

a)

Development of Agriculture

b)

Development of the industries

c)

Development of infrastructure

d)

Development of ports

25.

When was the plan holiday declared?

a)

After the third plan

b)

After the fourth plan

c)

After the fifth plan

d)

After the sixth plan