Top Mcqs: Indian Economic Structure Mcqs

Indian Economic Structure 

(IES) 

MCQs 

 
1. Primary activities are related with: 
 
A. Animal Husbandry and Forestry  
B. Farming and Fishing  
C. Both A and B  
D. None of the Above  
 
2. Which one of the following is NOT the characteristic of the developing economy:  
 
A. High Income Inequality 
B. Low Per Capita Income 
C. Low Unemployment  
D. High Growth of Population  
 
3. Which sector is characterized as an organized sector in India?
 
A. Tertiary Sector  
B. Secondary Sector  
C. Primary Sector  
D. All of the Above 
 
4. Capital formation in an economy depends on 
 
A. Total production  
B. Total saving  
C. Total demand 
D. Total income 
 
5. Workers in the ________ sector does not produce goods. 
 
A. Agriculture 
B. Tertiary 
C. Horticulture 
D. Construction 
 
6. Which of the following is NOT correct regarding the four phases of Industrial growth? 
 
A. Phase I - Low growth phase 
B. Phase Il - Low growth phase 
C. Phase III - Period of industrial recovery  D. Phase IV - Growth with high fluctuations  
 
7. Industrial production in India is reported by the:
 
A. Directorate of Economics and Statistics 
B. Ministry of Statistics and Programme 
C. Central Statistical Office 
D. National Sample Survey Organisation Implementation  
 
8. Rising population leads to an increase in Labour Force. 
 
A. True  
B. False  
C. Sometimes   
D. None of the Above  
 
9. The causes of low productivity of industrial output during 1965-1980 were: 
 
A. Low growth of agriculture 
B. Low investment in Public Sector Unit 
C. Drought 
D. All of the above 
 
10. Information Technology is a component of _________ sector.  
 
A. Primary 
B. Service 
C. Industrial  
D. Secondary  
 
11. Which programme is envisaged to make India a manufacturing hub of the world? 
 
A. Make in India  
B. Suraksha Bima Yojana  
C. Made in India  
D. None of the above 
 
12. Which sector is the lowest contributor in GDP in recent years? 
 
A. Tertiary 
B. Industry 
C. Secondary 
D. Primary 
 
13. Which of the following sector has surplus balance of trade in India?  
 
A. Software Services  
B. Service Sector  
C. Business Services  
D. All of the above  
 
14. Per Capita Income of India in 2016 was _______. 
 
A. $42390 
B. $1680 
C. $8260 
D. $1410 
 
15. High Imports and Low exports results in to ________. 
 
A. Trade Balance  
B. Trade Deficit  
C. Trade Surplus  
D. Favourable Trade 
 
16. Arrange the occupational pattern of India in descending order as 
 
A. Primary > Secondary > Tertiary  
B. Tertiary > Primary > Secondary 
C. Secondary > Tertiary > Primary 
D. Primary > Teritiary > Secondary 
 
17. Unemployment Rate in India in the year 2016 was ________. 
 
A. 10% 
B. 15% 
C. 5% 
D. 3% 
 
18. The term lIP stands for: 
 
A. Industrial Index of Production  
B. Indian Institute of Packaging 
C. Index of Industrial Production 
D. Index of Industrial Performance 
 
19. Which one of the following is the demographic chara^ep&tic of developing economy? 
 
A. High Birth Rate and Low Death Rate  
B. Low Birth Rate and High Death Rate  
C. Low Birth Rate and Low Death Rate  
D. High Birth Rate and High Death Rate 
 
20. Which of the following is the most important category of service import during 2014-15?  
 
A. Financial Service 
B. Business Service  
C. Transportation  
D. Both B and C 
 
21. In 1990-91 the share of which sector was the highest in the GDP of India?  
 
A. Tertiary 
B. Secondary 
C. Primary 
D. None of the Above 
 
22. India majorly exports ________ services 
 
A. Travel  
B. Business  
C. Software 
D. Financial 
 
23. Favorable Foreign trade has _______. 
 
A. Import = Export  
B. Import × Export 
C. Import > Export  
D. Export < Import 
 
24. In the year 2014, India's Service export was _______. 
 
A. US$ 155.6 Million  
B. US$ 15.6 Billion  
C. US$ 155.6 Billion 
D. US$ 1.6 Billion 
 
25. What is full form of M&A?  
 
A. Mortgage and Acquisitions 
B. Mergers and Activity 
C. Mortgage and Activity 
D. Mergers and Acquisitions 
 
26. Which of the Imports swallows the largest amount of foreign exchange?  
 
A. Machines 
B. Leather  
C. Petroleum  
D. Gold 
 
27. Production of a commodity through the natural process is an activity in _________ Sector. 
 
A. Industrial  
B. Water Supply  
C. Construction 
D. Primary 
 
28. Disguised unemployment among people is found in  
 
A. Agricultural Sector  
B. Service Sector  
C. Industrial Sector  
D. None of the Above 
 
29. When did the service sector growth picked up its pace from moderate to high?  
 
A. 1960  
B. 1990 
C. 1980  
D. 2010 
 
30. The percentage of active population engaged in the agriculture in India the year 2012 was ________. 
 
A. 72.2 
B. 48.2 
C. 63.0 
D. 51.5 

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