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State PSC Indian Economy — practice questions — page 2

Explore 135 free Indian Economy questions in State PSC Economy. Open each question or exercise to read its content, reference answers and available explanation.

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Indian Economy questions and exercises with answers

Showing questions 31–60 of 135.

Setting up a dal mill or a cold storage in semi-rural areas is a way to create:Read the answer and worked solution →The Planning Commission is now known as:Read the answer and worked solution →MGNREGA 2005 guarantees rural workers how many days of employment a year?Read the answer and worked solution →If the government fails to provide MGNREGA work, it must give:Read the answer and worked solution →Kanta has regular terms, paid holidays and an appointment letter. She works in the:Read the answer and worked solution →Organised sector enterprises must follow laws such as the Factories Act and the:Read the answer and worked solution →Kamal, a daily wage worker with no paid leave who can be sacked any time, is in the:Read the answer and worked solution →The unorganised sector consists of small, scattered units largely outside the control of the:Read the answer and worked solution →Catch the tertiary workRead the answer and worked solution →Pop the three sectorsRead the answer and worked solution →Find the real termRead the answer and worked solution →Slice the economy wordsRead the answer and worked solution →Organised or informalRead the answer and worked solution →Which sectorRead the answer and worked solution →Type the numberRead the answer and worked solution →Sectors bingoRead the answer and worked solution →Nehru favoured which economic system, but not the Soviet version?Read the answer and worked solution →An economy where the government and the market together decide what, how and for whom to produce is:Read the answer and worked solution →India borrowed the idea of five year plans from:Read the answer and worked solution →A long-term plan covering twenty years is called a:Read the answer and worked solution →The Planning Commission was set up in 1950 with whom as its Chairperson?Read the answer and worked solution →The goals of the five year plans were growth, modernisation, self-reliance and:Read the answer and worked solution →The architect of Indian planning, whose ideas shaped the Second Plan, was:Read the answer and worked solution →By 1990 the share of the service sector in GDP was:Read the answer and worked solution →A farmer switching to new seed varieties illustrates the planning goal of:Read the answer and worked solution →Avoiding imports of goods that could be produced in India itself is the goal of:Read the answer and worked solution →Zamindars and jagirdars who collected rent without improving farms were called:Read the answer and worked solution →Low farm productivity at independence forced India to import food from:Read the answer and worked solution →Fixing the maximum size of land an individual may own is called:Read the answer and worked solution →Land reforms succeeded in Kerala and West Bengal because their governments were committed to:Read the answer and worked solution →

Worked practice questions

Setting up a dal mill or a cold storage in semi-rural areas is a way to create:

  1. Employment
  2. Inflation
  3. Tax revenue
  4. Trade deficit
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Correct answer: A. Employment

1. Industries near farms process local produce. 2. Farmers and others get work. 3. It creates employment. _Source: syllabus Economics, Understanding Economic Development, Chapter 2, Sectors of the Indian Economy._

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The Planning Commission is now known as:

  1. Finance Panel
  2. NITI Aayog
  3. NSO India
  4. RBI Board
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Correct answer: B. NITI Aayog

1. Its studies estimated job potential in education. 2. The body was renamed. 3. It is now NITI Aayog. _Source: syllabus Economics, Understanding Economic Development, Chapter 2, Sectors of the Indian Economy._

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MGNREGA 2005 guarantees rural workers how many days of employment a year?

  1. 365
  2. 30
  3. 100
  4. 50
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Correct answer: C. 100

1. It implements the Right to Work. 2. All able rural adults in need are covered. 3. They get 100 days a year. _Source: syllabus Economics, Understanding Economic Development, Chapter 2, Sectors of the Indian Economy._

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