100+ Indian Economy MCQs | Indian Economy | Top Indian Economy MCQs with Answer Quiz |

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91. Where was oil discovered for the first time in India?

A. Dagoba
B. Numaligarh
C. Bongaigon
D. Barauni

A. Digboi

92. In production sector, a micro enterprise is an enterprise where investment in plant and

A. 10 LAKH
B. 15 LAKH
C. 12 LAKH
D. 25 LAKH

D. 25 LAKH

93. Which of the following does not form part of current account under balance of payments?

A. Export and import of goods
B. Export and import of services
C. Income receipts and payments
D. Capital receipts and payments

D. Capital receipts and payments

94. Balance in capital account refer to the

A. Nation’s net exports of goods and services
B. Nation’s net exports of financial claims
C. Nation’s net exports of international official reserve assets
D. Nation’s sum of net exports of goods, services and financial

D. Nation’s sum of net exports of goods, services and financial

95. Balance in capital account refer to the

A. National Development Council (NDC)
B. Ministry of Finance
C. Planning Commission (now NITI Aayog)
D. President of India

A. National Development Council (NDC)

96. When was the first five-year plan of India started?

A. 1949
B. 1950
C. 1952
D. 1951

D. 1951

97. What as the prime target of the first five-year plan of India?

A. Development of the industries
B. Development of Agriculture
C. Development of infrastructure
D. Development of ports

B. Development of Agriculture

98. Which programme given the slogan of Garibi Hatao?

A. 7th five-year plan
B. 3rd five year plan
C. 6th five year plan
D. 5th five-year plan

D. 5th five-year plan

99. In which five-year plan India opted for a mixed economy?

A. First
B. Second
C. Third
D. Fourth

D. Fourth

100. When was the plan holiday declared?

A. After the third plan
B. After the fourth plan
C. After the fifth plan
D. After the sixth plan

A. After the third plan


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