Indian economy quiz 3 |

Indian Economy Quiz

Question 1: Who is considered the architect of India's economic reforms in 1991?

a) Manmohan Singh
b) P. V. Narasimha Rao
c) Atal Bihari Vajpayee
d) Indira Gandhi
Correct Answer: b) P. V. Narasimha Rao

Question 2: Which Indian state is known as the 'Rice Bowl of India'?

a) Punjab
b) West Bengal
c) Andhra Pradesh
d) Bihar
Correct Answer: c) Andhra Pradesh

Question 3: Which of the following is NOT a major crop grown in India?

a) Wheat
b) Cotton
c) Coffee
d) Jute
Correct Answer: c) Coffee

Question 4: Which Indian economist won the Nobel Prize in Economics in 1998?

a) Amartya Sen
b) Manmohan Singh
c) Raghuram Rajan
d) Abhijit Banerjee
Correct Answer: a) Amartya Sen

Question 5: Which sector employs the largest number of people in India?

a) Agriculture
b) Manufacturing
c) Services
d) Construction
Correct Answer: a) Agriculture

Question 6: What is the name of India's national income accounting agency?

a) RBI (Reserve Bank of India)
b) SEBI (Securities and Exchange Board of India)
c) CSO (Central Statistics Office)
d) CAG (Comptroller and Auditor General)
Correct Answer: c) CSO (Central Statistics Office)

Question 7: What is the current repo rate set by the Reserve Bank of India?

a) 4%
b) 5%
c) 6%
d) 7%
Correct Answer: b) 5%

Question 8: Which Indian company became the first to cross $200 billion in market capitalization?

a) TCS (Tata Consultancy Services)
b) Reliance Industries
c) Infosys
d) HDFC Bank
Correct Answer: b) Reliance Industries

Question 9: Which is the largest private sector bank in India?

a) ICICI Bank
b) Axis Bank
c) HDFC Bank
d) Kotak Mahindra Bank
Correct Answer: c) HDFC Bank

Question 10: What is the current fiscal deficit target set by the Government of India for the fiscal year 2023-24?

a) 3.3% of GDP
b) 3.5% of GDP
c) 6.0% of GDP
d) 4.0% of GDP
Correct Answer: b) 3.5% of GDP