Indian Economy Questions and Answers updated daily – General Knowledge



20 Indian Economy Questions and answers section with explanation for various online exam preparation, various interviews, General Knowledge Indian Economy online test. Indian Economy Questions with detailed description, explanation will help you to master the topic.

Indian Economy Questions

1.   On which position India is, if we talk about production of vegetables



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Correct Ans:2
Explanation:
On First it is China.


2.   Iron and steel industry started in India in the year 



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Correct Ans:1870
Explanation:
Iron and steel industry started in India in the year 1870, when Bengal Iron Works company established its plant in Kulti, West Bengal.


3. The bank which has the highest number of branches in the world is ?



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Correct Ans:SBI
Explanation:


4.    In India paper currency started in ?



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Correct Ans:1861
Explanation:


5.   Small Industries Development Bank of India (SIDBI) was established in 



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Correct Ans:1989
Explanation:
Small Industries Development Bank of India (SIDBI) was established in 1989. Its main function is to provide assistance to small scale industries through state finance corporations, state industrial development corporations, commercial banks etc.


6. Industrial Credit and Investment Corporation of India (ICICI) was established in :



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Correct Ans:1991
Explanation:


7.    Industrial Development Bank of India (IDBI) established in



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Correct Ans:1964
Explanation:


8.    First Regional Rural Bank came into existence in,



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Correct Ans:1975
Explanation:
First Rural Bank was established on 2nd Oct 1975.


9.    Banking regulation act was passed in 



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Correct Ans:1949
Explanation:


10.    National Rural Employment Guarantee Programme started in 



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Correct Ans:2006
Explanation:
It started on 2nd Feb, 2006.
Govt. of India renamed it to Mahatma Gandhi National Rural Employment Guarantee Act(MNERGA) on 2nd October, 2009.


11.   Pradhan Mantri Gramodaya Yojana started in 



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Correct Ans:2000
Explanation:
It was started to fulfil the basic requirements of rural areas.


12. Mahila Samridhi Yojana started in 



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Correct Ans:1993
Explanation:
Mahila Samridhi Yojana started on 2 October, 1993.


13. National Rural Employment Programme started in 



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Correct Ans:1980
Explanation:


14. When community development programme (CDP) started ?



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Correct Ans:1952
Explanation:


15. The concept of Economic Planning in India is derived from ?



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Correct Ans:Russia
Explanation:


16. National Agriculture Insurance Scheme was implemented on



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Correct Ans:oct 1990
Explanation:


17. What is the mainstay of Indian economy ?



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Correct Ans:agriculture
Explanation:


18. Contribution of agriculture to Gross National Product is approximately ?



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Correct Ans:approx 26%
Explanation:


19. Contribution of agriculture to Gross National Product is approximately ?



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Correct Ans:17.5%
Explanation:


20. Approx __ % of Indian population is still Agriculturist.



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Correct Ans:58%
Explanation:



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