Latest Indian economy questions 2025
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Q1. Who had estimated National Income in India first ?
- (A) Dadabhai Naoroji
- (B) R. C. Dutta
- (C) V.K.R.V Rao
- (D) DR Gadgil
The Correct Answer (A) Dadabhai Naoroji.
Q2. National Income estimates in India are prepared by which Commission?
- (A) Planning Commission
- (B) Reserve Bank of India
- (C) Central Statistical Organization
- (D) Indian Statistical Institute
The Correct Answer is (C) Central Statistical Organization.
Q3. “Per Capital Income” of a country derived from ?
- (A) National Income
- (B) Population
- (C) National Income and Population both
- (D) Service sector
The Correct Answer is (C) National Income and Population both.
Q4. The main source of “National Income” in India is ..?
- (A) Service Sector
- (B) Agriculture
- (C) Industrial Sector
- (D) Trade Sector
The Correct Answer is (A) Service Sector.
Q5. The base year for computation of National Income in India is -?
- (A) 1990 – 1991
- (B) 1993 – 1994
- (C) 1999 – 2000
- (D) 2000- 2001
The Correct Answer is (B) 1993 – 1994
Q6. The most appropriate measure of a country’s economic growth is its _?
- (A) Gross Domestic Product
- (B) Net Domestic Product
- (C) Net National Product
- (D) Per Capita Real Income
The Correct Answer is (A) Gross Domestic Product.
Q7. “Hindu” growth rate is related to ?
- (A) Money
- (B) GDP
- (C) Population
- (D) GNP
The Correct Answer is (B) GDP
Q8. Which is the highest body that approves “Five Year Plans” in the country ?
- (A) Planning Commission
- (B) Union Cabinet
- (C) Parliament
- (D) National Development Council
The Correct Answer is (A) Planning Commission.
Q9. Who opposed “Planned Development” in India?
- (A) Mahatma Gandhi
- (B) Jawahar Lal Nehru
- (C) Indira Gandhi
- (D) Rajiv Gandhi
The Correct Answer is (A) Mahatma Gandhi.
Q10. The “Economic Survey of India” is related to?
- (A) Planning Commission
- (B) Reserve Bank of India
- (C) Ministry of Finance
- (D) Finance Commission
The Correct Answer is (C) Ministry of Finance
Indian Economy mcq Questions 2025
Q11. “National Horticulture Mission” was launched in which of the following Five Year Plans?
- (A) Ninth Five Year Plan
- (B) Tenth Five Year Plan
- (C) Eleventh Five Year Plan
- (D) None of these
The Correct Answer is (B) Tenth Five Year Plan.
Q12. “Twenty Points Programme”( Beessutri Karyakrama) was first launched in the year -?
- (A) 1969
- (B) 1975
- (C) 1977
- (D) 1980
The Correct Answer is (B) 1975 .
Q13. In which Five Year Plan “Economic Development” rate was maximum?
- (A) First Five Year Plan
- (B) Fourth Five Year Plan
- (C) Sixth Five Year Plan
- (D) Tenth Five Year Plan
The Correct Answer is (D) Tenth Five Year Plan
Q14. The Slogan “Garibi Unmulan” ( Poverty eradication) was given in which Five Year Plan?
- (A) Second Five Year Plan
- (B) Fourth Five Year Plan
- (C) Fifth Five Year Plan
- (D) Sixth Five Year Plan
The Correct Answer is (B) Fourth Five Year Plan
Q15. Which religious group in India has its highest urban population?
- (A) Jain
- (B) Buddhist
- (C) Christian
- (D) Hindu
The Correct Answer is (A) Jain
Q16. The recommendations of “Kelkar Task Force” is associated with which things?
- (A) Banking
- (B) Taxes
- (C) Foreign Investment
- (D) Business
The Correct Answer is (B) Taxes
Q17. The “World Trade Organization” (WTO) formed in which year?
- (A) 1991
- (B) 1995
- (C) 1997
- (D) 1999
The Correct Answer is (B) 1995
Q18. “FERA” in India has been replaced by which of the following?
- (A) FEPA
- (B) FEMA
- (C) FENA
- (D) FETA
The Correct Answer is (B) FEMA
Q19. The “National Institute for Agriculture Marketing” (NIAM) located in which city of India?
- (A) Jaipur
- (B) New Delhi
- (C) Nagpur
- (D) Hyderabad
The Correct Answer is (A) Jaipur
Q20. Which is known as the “Third Pillar in International Economic” relations?
- (A) IMF
- (B) World Bank
- (C) WTO
- (D) GATT
The Correct Answer is (C) WTO
Indian Economy mcq Questions 2025
Q21. The Headquarter of “World Trade Organization” situated in which city?
- (A) New York
- (B) Geneva
- (C) Rome
- (D) Doha
The Correct Answer is (B) Geneva
Q22. “SEZ” act was passed by the parliament in which year?
- (A) 2004
- (B) 2005
- (C) 2006
- (D) 2007
The Correct Answer is (B) 2005
Q23. At present as per government rulings the maximum area allowed for a special Economic Zone (SEZ) is —?
- (A) 2000 Hectares
- (B) 3000 Hectares
- (C) 4000 Hectares
- (D) 5000 Hectares
The Correct Answer is (D) 5000 Hectares
Q24. “World Development Report” is annually published by–?
- (A) IBRD / World Bank
- (B) UNDP
- (C) WTO
- (D) IMF
The Correct Answer is (A) IBRD / World Bank
Q25. The terms ‘Micro Economics’ and ‘Macro Economics’ were coined by which of the following Economist ?
- (A) Alfred Marshal
- (B) Ragner Nurkse
- (C) Ragner Frisch
- (D) J. M. Keynes
The Correct Answer is (C) Ragner Frisch
Q26. In India , the concept of “minimum needs” and directed anti- poverty programmes were the innovation of which Five years plan?
- (A) Fourth Five Year Plan
- (B) Fifth Five Year Plan
- (C) Sixth Five Year Plan
- (D) Seventh Five Year Plan
The Correct Answer is (B) Fifth Five Year Plan
Q27. Which of the following is most urbanised State of India?
- (A) Maharashtra
- (B) Mizoram
- (C) Goa
- (D) Tamil Nadu
The Correct Answer is (C) Goa
Indian Economy mcq Questions 2025
Q28. The first census in India during the British Period was held during the tenure of which British Governor General ?
- (A) Lord Dufferin
- (B) Lord Lytton
- (C) Lord Mayo
- (D) Lord Ripon
The Correct Answer is (C) Lord Mayo
Q29. The “Guilt -edged market” means ?
- (A) Bullion Market
- (B) Market of Government Securities
- (C) Market of guns
- (D) Market of pure metals
The Correct Answer is (B) Market of Government Securities
Q30. The devaluation of rupee in India was first Introduced in which year ?
- (A) 1949
- (B) 1966
- (C) 1972
- (D) 1990
The Correct Answer is (A) 1949
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