1. Which of these terms refers to the situation where too many goods are chasing too few buyers, leading to falling prices?
2. The Eighth Five-Year Plan (1992-1997) was launched after a gap due to which major event?
3. Which organization is responsible for the development of India’s highways and road infrastructure?
4. Which economic indicator is most commonly used to measure the overall economic performance of a country?
5. Which Five-Year Plan emphasized "Garibi Hatao" (Eradicate Poverty) as a central theme?
6. Which of the following schemes aims to promote entrepreneurship among women in India?
7. Which Indian sector employs the largest portion of the workforce?
8. How often does NITI Aayog release the "SDG India Index"?
9. The term “blue economy” is associated with which of the following?
10. Who serves as the chairperson of NITI Aayog?
11. Which of the following sectors contributes the highest to India's Gross Domestic Product (GDP)?
12. What is 'stagflation'?
13. The Congress government under Manmohan Singh introduced the National Rural Employment Guarantee Act (NREGA) in which year?
14. Which sector is associated with India's “Digital India” initiative?
15. What is the "Goods and Services Tax" (GST) in India designed to replace?
16. What role does NITI Aayog's Atal Innovation Mission (AIM) play in India?
17. What is the primary role of NITI Aayog as compared to the Planning Commission?
18. What is the main objective of the 'Make in India' initiative?
19. Which of the following is an example of an indirect tax?
20. What is a ‘progressive tax system’?
21. Which of the following bodies does NOT have representation in NITI Aayog?
22. Which organization is responsible for facilitating international trade by reducing trade barriers?
23. Which sector has been the largest source of Foreign Direct Investment (FDI) in India in recent years?
24. Which of the following policies is implemented by the government to control inflation?
25. Which plan introduced the concept of "inclusive growth" in India?
26. Which of these indicators is used to measure the overall economic health of India’s manufacturing sector?
27. Which Indian economic indicator measures the general price level of goods and services consumed by households?
28. What was the main objective of the Second Five-Year Plan (1956-1961)?
29. Which organization is responsible for managing India’s foreign exchange reserves?
30. What does FDI stand for, and why is it significant for a developing country?
31. What does the 'Balance of Payments' (BOP) record?
32. Which body is responsible for setting and monitoring the standards for financial institutions in India?
33. The Green Revolution in India primarily aimed to improve production in which sector?
34. What is the primary focus of India's National Rural Employment Guarantee Act (NREGA)?
35. What is a 'trade deficit'?
36. Which institution succeeded the Planning Commission in India and was established to foster cooperative federalism?
37. The Right to Information Act was enacted by the Congress government in 2005. What is the purpose of this act?
38. Which was the last Five-Year Plan implemented in India before the adoption of NITI Aayog's new framework?
39. Which of the following is a major component of fiscal policy?
40. What does the term “Repo Rate” refer to in India’s banking system?
41. What does the term “demographic dividend” refer to in the context of the Indian economy?
42. The Minimum Support Price (MSP) is primarily associated with which sector?
43. What does "PPP" stand for in economic terms, often used to compare the purchasing power across countries?
44. What does the term “disinvestment” refer to in the Indian economic context?
45. Where is World trade organization headquarters is located?
46. Which index is used to measure inflation based on the price of a fixed basket of consumer goods?
47. What is the primary purpose of the Human Development Index (HDI)?
48. Which organization is responsible for regulating the securities market in India?
49. Which of the following sectors typically dominates in a developed economy?
50. Which of these is a measure of income inequality within a nation?
51. Which was the first Five-Year Plan implemented in India?
52. Which institution in India is responsible for calculating and publishing the GDP?
53. Which of the following indices tracks the performance of large companies in the Indian stock market?
54. The "Atmanirbhar Bharat" initiative aims primarily to:
55. What is the purpose of fiscal policy in economic management?
56. n the context of Indian economic policy, what does "FRBM Act" stand for?
57. Which state is the largest contributor to India’s food grain production?
