GK Indian Economy MCQs are very commonly asked question in any competitive exam like AFCAT, CDS, NDA Exam and other Entrance Exams. Your total score can make a big difference if you score full marks in this section.

AFCAT CDS NDA TA 2017 GK Indian Economy Section Sample MCQs

• An economy is at the take off stage on its path to development when it
  a) becomes stagnant
  b) begins steady growth
  c) is liberalized
  d) gets maximum foreign aid
• Which Indian state has the largest number of cotton textile mills?
  a) Madhya Pradesh
  b) Maharashtra
  c) Gujarat
  d) West Bengal
• Which of the following plans aimed at the removal of poverty and attainment of selfreliance?
  a) second plan
  b) third plan
  c) fourth plan
  d) fifth plan

• Which one of the following is a Kharif crop?
  a) bajra
  b) wheat
  c) mustard
  d) barley
• Who is known as the ‘Father of White Revolution’?
  a) V Kurien
  b) MS Swaminathan
  c) JP Narayan
  d) Baba Amte
• Which of the following estimates the National Income in India?
  a) Central Statistical Organization
  b) National Income Committee
  c) Planning commission
  d) Reserve Bank of India
• What does the term NSDL stands for?
  a) National Securities Development Limited
  b) National Securities Depository Limited
  c) National Safety Development Limited
  d) Natural Safety Deployment Limited
• Which among the following treaties provided for a common currency for the member countries of European Community?
  a) Brussels Treaty
  b) Geneva Convention
  c) Maastricht Treaty
  d) Treaty of Versailles
• Which of the following taxes is a progressive tax?
  a) income tax
  b) custom tax
  c) sales tax
  d) excise duty
• During which Five Year Plan was the annual growth rate of National Income the
  lowest?
  a) second plan
  b) third plan
  c) fifth plan
  d) sixth plan
• Which of the following programs meets the credit needs of poor women?
  a) Mahila Samriddhi Yojna
  b) Rashtriya Mahila Kosh
  c) Indira Mahila Yojna
  d) Mahila Samakhya Programme
• What is the value of goods and services produced in a country within a year called?
  a) National income at factor cost
  b) net national output
  c) net national product at market prices
  d) gross national product at market prices