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Economy Previously Asked Questions: Main Sectors of Indian Economy
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Economy Previously Asked Questions: Main Sectors of Indian Economy
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25 Questions

1. Consider the following statements.
1. The Food Safety and Standards Act, 2006 replaced the Prevention of Food Adulteration Act, 1954.
2. The Food Safety and Standards Authority of India (FSSAI) is under the charge of Director General of Health Services in the Union Ministry of Health and Family Welfare. Which of the statement(s) given above is/are correct?
2. Among the following, which one is related to Blue Revolution in India?
3. Consider the following factors regarding industry.
1. Capital investment
2. Business turnover
3. Labour force
4. Power consumption Which of these determine the nature and size of the industry?
4. Why is the Government of India disinvesting its equity in the Central Public Sector Enterprises
(CPSEs)?
1. Government intends to use the revenue earned from the disinvestment mainly to pay back the external debt.
2. The government no longer intends to retain the managements control of the CPSEs. Which of the statement(s) given above is/are correct?
5. Public Distribution System is aimed at
6. Green Revolution made the country self-sufficient in food production, but had some fallouts. Consider the following statements.
1. It is successful in case of wheat, but not in the case pulses.
2. Brought inter-state disparities.
3. Help in restoring soil fertility.
4. Reduced water table in some states. Select the correct statements from the codes given below.
7. Who was the person not associated with the Green Revolution when it started in India?
8. Which one of the following committees recommended the abolition of reservation of items for the Small Scale Sectors in industry?
9. Shanta Kumar Committee has submitted its report on restructuring of Food Corporation of India (FCI) to Mr. Modi. Read the following recommendations and find the incorrect ones.
1. FCI procurement should focus on the western belt, where farmers get the minimum support price.
2. FCI should hand over the procurement of wheat and rice to four states which include Punjab, Haryana, Andhra Pradesh and Chattisgarh.
3. Proposed uniform tax of minimum 3% and maximum 4% on wheat and rice and the same to be included in the minimum support price.
10. What is/are the recent policy initiative(s) of government of India to promote the growth of manufacturing sector?
1. Setting up of National Investment and manufacturing Zones.
2. Providing the benefits of 'single window clearance'.
3. Establishing the technology acquisition and development fund. Select the correct answer using the codes given below.
11. Green revolution was the result of adaption of New Agricultural strategy which was introduced in 20th Century during decades of
12. White revolution is related to
13. The Meera Seth Committee was concerned with
14. The second Green Revolution proposed by the Prime Minister does not include
15. Who is known as 'Father of White Revolution' in India?
16. Which of the following is included in National Food Security Mission
(NFSM)?
17. The licensing policy for the industries drew strength from
18. Green Revolution is related to
19. The share of the tertiary sector in total GDP of India has
20. The 'Green Revolution' involved the use of high yielding varieties of seeds which required
21. Indian agriculture has the following features.
1. Dependence of agriculture on the monsoons
2. Abolition of zamindari
3. Absence of trade unions in the agricultural sector
4. Heavy pressure of population on land Which of the above is responsible for disguised unemployment in agriculture?
22. In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities?
23. Which of the following agencies is not engaged in exporting agricultural goods from India?
24. Consider the following statements.
1. In India, State Governments do not have the power to auction non-coal mines.
2. Andhra Pradesh and Jharkhand do not have gold mines.
3. Rajasthan has iron ore mines. Which of the statement(s) given above is/are correct?
25. The Concept of 'Navratna' is associated with