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Economic MCQ Questions with answers

Here Important Economic MCQ questions are added which are frequently asked in almost all the examinations. You can check the correct answer of any question on clicking the show answer button or on option itself. The Correct answer will be displayed below. You can share any question with your friends on whatsapp by tapping whatsapp button.

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Learn Economic MCQs [Page 1 of Department 6]

1) Meera Seth committee was related to:

(A) Development of Handlooms
(B) sex discrimination at work place
(C) female foeticide
(D) Banking sector
Correct Answer - Option (A)

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2) National Income estimates in India is prepared by:

(A) Planning Commission
(B) Reserve Bank Of India
(C) Central Statistical Organisation (CSO)
(D) Indian Statistical Institute
Correct Answer - Option (C)

No Explanation found. Add Explanation and get +2 points.

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3) Earn While you Learn scheme has been launched by:

(A) Ministry of Tourism
(B) Ministry of Youth
(C) Both A and B
(D) None of these
Correct Answer - Option (A)

No Explanation found. Add Explanation and get +2 points.

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4) The first national commission on labours was constituted on:

(A) December 24, 1966.
(B) December 24, 1967
(C) November 24, 1966
(D) November 24, 1967
Correct Answer - Option (A)

No Explanation found. Add Explanation and get +2 points.

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5) Monopolies and restrictive Trade practices (MRTP) act was passed in:

(A) 1970
(B) 1969
(C) 1971
(D) 1968
Correct Answer - Option (B)

Explanation:
The Monopolies and Restrictive Trade Practices Act (MRTP Act) was passed by Parliament of India on 18 December 1969 and got president's assent on December 27, 1969 but it came into force from June 1, 1970.

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7) During which five year plan was the annual growth rate registered at 2.5%?

(A) Second Five Year Plan (1961-66)
(B) First Five Year Plan (1961-66)
(C) Fourth Five Year Plan (1961-66)
(D) Third Five Year Plan (1961-66)
Correct Answer - Option (D)

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8) Unit Trust of India (UTI) was bifurcated (into UTI-I and UTI-II) in:

(A) the year 2005
(B) the year 2000
(C) the year 2003
(D) the year 2001
Correct Answer - Option (C)

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9) In India Yellow revolution is associated with:

(A) production of tea
(B) production of oil seeds.
(C) production of flower
(D) production of paddy
Correct Answer - Option (B)

No Explanation found. Add Explanation and get +2 points.

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10) The programme which was launched in 1974-75 with the main objectives of improving the utilization of created irrigation potential is:

(A) Command Area Development (CAD)
(B) Cordial Area Development
(C) Copper Area Development
(D) Cop Authority Development
Correct Answer - Option (A)

No Explanation found. Add Explanation and get +2 points.

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