Indian Economy MCQ Set-7 This set contains 10 multiple choice questions. One mark for each correct answer. No negative marking for incorrect answer. 1. The best indicator of economic development of any country is? a) GDP b) Total FDI c) International relation on economy d) Per capita income Continue >> 2. What is the currency of Myanmar? a) Dinar b) Rupiah c) Kyat d) Takka Continue >> 3. The concept of Goods and Services Tax (GST) is originated in a) United States b) United Kngdom c) Canada d) India Continue >> 4. Who was the father of Operation Flood ? a) Amit Shah b) Arun Jaitely c) Dr. M.S. Swaminathan d) Dr. Verghese Kurien Continue >> 5. What kind of Tax is GST? a) Indirect tax b) Direct tax c) Capital gain tax d) Corporate gain tax Continue >> 6. Via___________ the Ministry of Finance is required to review every quarter the trends in Receipts and Expenditure in relation to the Budget and place it before both Houses of Parliament. a) NITI Aayog order b) Constitution of India c) Order of president d) Responsibility and Budget Management Act 2003 Continue >> 7. First Regional Rural Bank came into existence in_____, and the bank was__________ a) 1974, Punjab Rural Bank b) 1975, Prathama Bank c) 1976, Pachim Banga Gramin Bank d) None of these Continue >> 8. Industrial Finance Corporation of India (IFCI) was established in: a) 2014 b) 1999 c) 1991 d) 1948 Continue >> 9. Which of the following statement is correct about Pradhan Mantra Kaushal Vikas Yojna? a) It was launched in 2015 b) It will provide training to 300 mn youths. c) It will provide jobs to 1 crore youth by 2022 d) None of these Continue >> 10. What is the full form of SIDBI? a) Small Institute Development Bank of India b) Small Industries Development Bank of India c) Small Industries Donor Bank of India d) Small Institute Donor Bank of India Continue >> Indian Economy MCQ Set-7 Wrong! You got no answer correct. Share your Results : Facebook Twitter Google+ Indian Economy MCQ Set-7 Hmm! You need improvement Share your Results : Facebook Twitter Google+ Indian Economy MCQ Set-7 Almost there! Keep practicing Share your Results : Facebook Twitter Google+ Indian Economy MCQ Set-7 Excellent! You nailed it Share your Results : Facebook Twitter Google+ PLAY AGAIN ! You Might Also Like Indian Economy MCQ Set-9 July 11, 2018 Indian Economy MCQ Set-2 July 10, 2018 Indian Economy MCQ Set-10 July 11, 2018 Indian Economy MCQ Set-8 July 11, 2018 Leave a Reply Cancel reply Notify me of follow-up comments by email. Notify me of new posts by email.