Indian Economy (MCQs)

Which sector contributes the most to India’s GDP?
A. Agriculture
B. Industry
C. Services
D. Manufacturing
Answer: C

NITI Aayog replaced which institution?
A. Finance Commission
B. Planning Commission
C. Reserve Bank of India
D. SEBI
Answer: B

What does GDP stand for?
A. Gross Domestic Product
B. General Domestic Product
C. Gross Development Plan
D. Government Development Policy
Answer: A

Which state in India has the highest population according to the latest census?
A. Maharashtra
B. Bihar
C. Uttar Pradesh
D. West Bengal
Answer: C

The concept of ‘Demographic Dividend’ relates to:
A. Old age population
B. Infant mortality
C. Working-age population
D. Retired population
Answer: C

Which sector is the largest employer in India?
A. Services
B. Industry
C. Manufacturing
D. Agriculture
Answer: D

‘Make in India’ initiative is aimed at promoting:
A. Exports
B. Imports
C. Domestic Manufacturing
D. IT Industry
Answer: C

Which is the nodal agency for statistical data in India?
A. NITI Aayog
B. CSO
C. RBI
D. Planning Commission
Answer: B

Which of the following is a direct tax?
A. GST
B. Excise Duty
C. Income Tax
D. Customs Duty
Answer: C

Which five-year plan emphasized inclusive growth?
A. 8th
B. 9th
C. 10th
D. 11th
Answer: D