Indian Economy

Ladakh Prison Department · General Awareness & Science · 15 practice questions with answers and explanations: 7 Easy, 8 Medium, 0 Hard.

Sample questions

Sample Easy question 1

The Planning Commission was replaced in 2015 by:

  1. NITI Aayog
  2. SEBI
  3. Finance Commission
  4. RBI
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Answer: A. NITI stands for National Institution for Transforming India.

Sample Easy question 2

Which sector includes agriculture and mining?

  1. Quaternary sector
  2. Tertiary sector
  3. Primary sector
  4. Secondary sector
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Answer: C. The primary sector draws on natural resources.

Sample Easy question 3

The 'Make in India' initiative was launched in:

  1. 2018
  2. 2005
  3. 2010
  4. 2014
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Answer: D. It aims to encourage manufacturing in India.

Sample Medium question 4

The Lorenz curve is used to show:

  1. Inequality of income distribution
  2. Price changes
  3. Tax rates
  4. Exports
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Answer: A. It is used with the Gini coefficient.

Sample Medium question 5

India's first Five-Year Plan (1951–56) gave the highest priority to:

  1. Defence
  2. Agriculture and irrigation
  3. Exports
  4. Heavy industry
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Answer: B. It followed the Harrod–Domar model.

Sample Medium question 6

The Green Revolution in India is associated with:

  1. Computer use
  2. Cotton exports
  3. Solar power
  4. Higher yield varieties of wheat and rice
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Answer: D. It was led by M. S. Swaminathan and Norman Borlaug's work.

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