Statewise Prepration
Govt. Examwise MCQ
4072+ MCQ Questions in english हिन्दी
What is the full form of ATM?
ATM is used for withdrawing money electronically.
Which institution regulates the stock market in India?
Securities and Exchange Board of India (SEBI) regulates the share market.
Who was the first Governor of RBI?
Sir Osborne Smith was RBI’s first Governor (1935–1937).
What is the tenure of the NITI Aayog Vice-Chairman?
Appointed by the Prime Minister for a 5-year term.
The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) guarantees how many days of wage employment?
MGNREGA guarantees 100 days of unskilled manual labor to rural households.
What is disguised unemployment?
It occurs when too many workers are employed for a job that requires fewer, especially in agriculture.
Which industry is known as the backbone of industrial development?
The steel industry is called the backbone due to its link with infrastructure and manufacturing.
The Green Revolution was related to:
Green Revolution increased food grain yield through improved seeds and irrigation.
A budget in which income equals expenditure is called:
Balanced budget: total revenues = total expenditures.
What does FDI stand for?
FDI is when foreign companies invest directly in Indian businesses.
. Which tax is levied on income?
Income Tax is a direct tax charged on personal or corporate income.
. The Consumer Price Index (CPI) measures:
CPI tracks changes in retail prices paid by consumers.
What is the full form of CRR?
CRR is the percentage of a bank’s total deposits kept with RBI in cash.
. Which body controls the monetary policy in India?
RBI controls money supply, interest rates, and inflation control tools.
PMAY (Pradhan Mantri Awas Yojana) aims to provide:
PMAY aims for “Housing for All” by 2022 (urban and rural).
What is the main objective of Make in India?
Make in India promotes domestic manufacturing and foreign investment.
Who prepares the Union Budget in India?
The Finance Minister of India presents the annual Union Budget in Parliament.
What is disinvestment?
Disinvestment is when the government sells or reduces its stake in public sector undertakings (PSUs).
NABARD is related to:
NABARD (1982) finances rural and agricultural development.
When was GST implemented in India?
GST was launched on 1 July 2017 as a unified tax system across India.
India is the largest producer of:
India leads globally in milk production, thanks to White Revolution.
Unemployment caused by a mismatch of skills is called:
Structural unemployment happens when worker skills don’t match job demands.
. What is a 'black economy'?
Black money is income not reported to tax authorities, often from illegal means.
. The Planning Commission was replaced by:
NITI Aayog was formed in 2015 as a policy think-tank replacing Planning Commission.
What does "repo rate" mean?
When RBI lends money to commercial banks, it charges the repo rate.
In which sector does agriculture belong?
The primary sector includes farming, fishing, mining — natural resources.
. Which sector contributes the most to India’s GDP (as of 2024)?
The services (tertiary) sector contributes over 50% to India’s GDP.
What is the minimum support price (MSP)?
MSP is the price at which government buys crops from farmers to protect them from loss.
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