187 Economics MCQ Questions in english हिन्दी

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The ‘UP Export Promotion Policy’ primarily aims to:

The policy helps traditional exporters access subsidies, training, and market linkages. District Export Promotion Committees (DEPCs) are set up under this initiative. It complements ODOP and aims to boost foreign trade.

What role does NABARD play in UP’s rural economy?

NABARD funds projects like rural roads, irrigation, storage, and watershed development. It also supports SHGs and microcredit institutions. In UP, NABARD plays a pivotal role in promoting rural livelihoods.

UP ranks among the top states in MSME registrations primarily due to:

ODOP has encouraged local production while digital portals like Udyam have simplified MSME registration. These measures have enhanced formalization of businesses. UP accounts for nearly 14% of total MSMEs in India.

What is the focus of the UP Dairy Development Programme?

UP is India’s top milk-producing state, and improving native breeds is key to increasing yield. The program supports veterinary services, feed quality, and dairy infrastructure. Women SHGs are also involved in dairy entrepreneurship.

Which city in UP is developing as a warehousing hub due to expressway connectivity?

Lucknow’s central location and access to Purvanchal and Bundelkhand expressways make it ideal for logistics. Warehousing parks are being set up under PPP models. This is expected to generate large-scale employment.

What is the target year for UP to become a $1 trillion economy as per government vision?

The state has set an ambitious target to grow into a $1 trillion economy by 2030. It includes focus on infrastructure, manufacturing, tourism, and services. Key policy reforms and global investment will be essential.

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What percentage of UP’s population is engaged in agriculture as per 2011 Census?

A majority of UP’s population still depends on agriculture for livelihood. This highlights the importance of agri-reforms and farm support policies. Diversification and mechanization are key for increasing rural incomes

Which authority manages the industrial area of Greater Noida?

Greater Noida Industrial Development Authority (GNIDA) plans and oversees infrastructure and industrial development. It falls under the NCR planning zone. GNIDA provides land and incentives to attract industries.

What is the objective of “UP Investors Summit”?

The summit, held in Lucknow, is a flagship event to promote business opportunities and policy reforms. It has attracted MoUs worth over ₹4 lakh crore. It strengthens UP’s image as an investment-friendly state.

Which financial inclusion scheme has maximum beneficiaries in UP?

UP leads in the number of Jan Dhan accounts opened, indicating deep penetration of banking services. It helps ensure DBT (Direct Benefit Transfer) of subsidies. The state has over 6 crore accounts under this scheme.

What is the main revenue source for the Uttar Pradesh government?

After the introduction of GST, it has become the major source of revenue for UP. It covers taxes on goods and services sold within the state. UP also receives compensation and shares from the central pool.

What type of unemployment is most prevalent in rural UP?

Disguised unemployment occurs when too many people are involved in agricultural activities with little or no contribution. It's common in UP’s villages where surplus labor exists. Land reforms and rural industry promotion aim to resolve this.

What is the percentage of urban population in UP as per 2011 Census?

UP's urbanization level is lower than the national average, with only about 22% of people living in urban areas. This indicates scope for development in urban infrastructure and services. Migration to cities is increasing steadily.

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What is the key objective of the UP Defence Industrial Corridor?

The corridor aims to make UP a hub for defence production under the “Make in India” initiative. It spans districts like Aligarh, Jhansi, and Chitrakoot. It’s projected to attract ₹20,000 crore in investments.

Uttar Pradesh contributes approximately what percent to India’s total food grain production?

As a major agrarian state, UP contributes nearly one-fifth of India's total food grain output. Wheat and rice are dominant crops. This makes UP crucial for national food security.

Which of the following is a state-sponsored scheme in UP to support female entrepreneurs?

This scheme promotes traditional artisans and craftspeople (including women) by providing skill training and financial assistance. It boosts self-employment, especially in rural and semi-urban areas. Support is also extended for purchasing modern tools.

Which crop is most associated with Bundelkhand’s economic distress?

Pulses dominate agriculture in the drought-prone Bundelkhand region, but frequent monsoon failure leads to economic distress. Low productivity and irrigation deficiency are major challenges. Government schemes now aim to provide crop insurance and micro-irrigation.

What is the employment guarantee scheme currently active in UP under rural development?

Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) is operational in all UP districts. It guarantees 100 days of wage employment to rural households. The scheme is vital in addressing rural underemployment and poverty.

Which city in Uttar Pradesh is globally recognized for its brass handicraft industry?

Moradabad is called the "Brass City of India" and exports brassware to Europe, USA, and the Gulf. It is a major contributor to the state's handicraft exports. The city benefits from ODOP and industrial cluster schemes.

The major source of irrigation in Uttar Pradesh is:

Tube wells are the primary irrigation source in UP due to extensive groundwater availability. This method is used especially in the fertile western regions. However, overuse is leading to water table depletion

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Under which scheme has the government of UP promoted one product per district to enhance exports?

Launched in 2018, the ODOP scheme identifies a unique traditional product per district to enhance local industries and exports. This scheme has boosted handicrafts, agro-products, and MSMEs across UP. It aligns with the “Atmanirbhar Bharat” initiative.

What is the rank of Uttar Pradesh in India in terms of overall state economy size (GSDP) as of recent estimates?

Uttar Pradesh has the second-largest GSDP in India after Maharashtra. Despite a lower per capita income, its massive population size drives the economic volume. UP’s GSDP crossed ₹20 lakh crore recently.

Which district in UP has emerged as a hub for leather exports?

Kanpur is known as the "Manchester of the East" for its strong leather and textile industries. Its leather exports contribute significantly to UP’s foreign exchange earnings. The city also houses a major leather cluster supported by government initiatives.

What is the primary cash crop cultivated in the western region of Uttar Pradesh?

Western UP, with fertile soil and good irrigation, is ideal for sugarcane cultivation. The region has the highest concentration of sugar mills in India. This crop is central to the rural economy and agro-industry in UP.

Which sector contributes the largest share to the GSDP (Gross State Domestic Product) of Uttar Pradesh?

In recent years, the services sector, including trade, finance, education, and transport, has become the highest contributor to UP's GSDP. It reflects the state’s gradual shift from agriculture-based economy to a diversified one. This structural change indicates growing urbanization and development.

In 2024, the Bihar government signed an MoU with which country for agriculture and skill development?

Bihar collaborated with Israel for advanced agricultural techniques and water conservation projects.

Which district is rich in limestone deposits?

Limestone from Kurnool supports cement and construction industries.

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Which mineral is abundant in Kadapa Basin?

Kadapa is rich in barytes and is a global exporter.

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