Question 1: What does FDI stand for in the context of the Indian economy?
Option 1: Foreign Direct Investment
Option 2: Fiscal Deficit Indicator
Option 3: Financial Development Index
Option 4: Federal Deposit Insurance

Question 2: Which Indian state is the largest producer of spices?
Option 1: Kerala
Option 2: Tamil Nadu
Option 3: Karnataka
Option 4: Andhra Pradesh

Question 3: What is the main objective of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)?
Option 1: Providing pension to farmers
Option 2: Subsidizing farm equipment
Option 3: Providing income support to farmers
Option 4: Promoting organic farming

Question 4: In which year was the Liberalisation, Privatisation, and Globalisation (LPG) policy introduced in India?
Option 1: 1980
Option 2: 1985
Option 3: 1991
Option 4: 1995

Question 5: What is the main focus of the Mid-Day Meal Scheme?
Option 1: Enhancing sports in schools
Option 2: Providing nutritional meals to students
Option 3: Promoting digital literacy
Option 4: Reducing dropout rates in schools

Question 6: Which Indian city is the leading financial center of the country?
Option 1: Mumbai
Option 2: New Delhi
Option 3: Kolkata
Option 4: Bangalore

Question 7: What is the primary commodity traded in the National Commodity and Derivatives Exchange (NCDEX)?
Option 1: Stocks
Option 2: Bonds
Option 3: Agricultural commodities
Option 4: Foreign currencies

Question 8: Which Indian state has the highest Gross State Domestic Product (GSDP)?
Option 1: Maharashtra
Option 2: Tamil Nadu
Option 3: Uttar Pradesh
Option 4: Gujarat

Question 9: What is the main aim of the Startup India initiative?
Option 1: Promoting foreign trade
Option 2: Boosting manufacturing
Option 3: Supporting entrepreneurship
Option 4: Enhancing digital literacy

Question 10: Which river is most closely associated with the Indira Gandhi Canal, an important irrigation project?
Option 1: Yamuna
Option 2: Ganges
Option 3: Sutlej
Option 4: Beas

Question 11: Which of the following statements about the Indian economy is true?
Option 1: The Indian economy is the sixth largest in the world.
Option 2: The service sector is the largest contributor to the Indian GDP.
Option 3: Manufacturing is the second largest contributor to the Indian GDP.
Option 4: Agriculture is the largest contributor to the Indian GDP.

Question 12: Which one of the following statements is not correct?
Option 1: The share of agriculture in India’s GDP has been declining over the years
Option 2: The manufacturing sector has been growing at a faster rate than the agricultural sector
Option 3: The services sector is the largest contributor to India’s GDP
Option 4: All of the above

Question 13: Which sector is the backbone of the Indian economy?
Option 1: Agricultural sector
Option 2: Manufacturing sector
Option 3: Service sector
Option 4: Banking and finance sector

Question 14: What is the name of the currency of India?
Option 1: Indian Dollar
Option 2: Indian Rupee
Option 3: Indian Pound
Option 4: Indian yen

Question 15: What started the economic liberalization in India?
Option 1: The end of the Cold War
Option 2: The Gulf War
Option 3: The collapse of the Soviet Union
Option 4: The economic crisis of 1991

Question 16: What is the name of the current Prime Minister of India?
Option 1: Narendra Modi
Option 2: Rajnath Singh
Option 3: Amit Shah
Option 4: Sushma Swaraj

Question 17: What is the GDP per capita of India?
Option 1: $1,200
Option 2: $2,200
Option 3: $3,200
Option 4: $4,200

Question 18: What is the Gross Domestic Product of India?
Option 1: $1.8 trillion
Option 2: $2.6 trillion
Option 3: $2.3 trillion
Option 4: $1.2 trillion

Question 19: Which are the mainstay industries of India’s economy?
Option 1: Service and agriculture
Option 2: Manufacturing and service
Option 3: Agriculture and construction
Option 4: Manufacturing and agriculture

Question 20: What theme was the Union Budget of India for the year 2020-21 announced under?
Option 1: Aspirational India
Option 2: Inclusive growth
Option 3: Prosperous and healthy India
Option 4: None of the above