Important GK Questions on Indian Economy

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1: Approx __ % of Indian population is still Agriculturist.

Ans: 58%

2. Contribution of agriculture to Gross National Product is approximately ?

Ans: 17.5%

3. How much population is living below poverty line in India ?

Ans: Approx 26%

4. The best indicator of economic development of any country is ?

Ans: Its per capita income

5. What is the mainstay of Indian economy ?

Ans: Agriculture

6. India is the largest milk producing country in the world .

Ans: True

7. Who was the father of Operation Flood ?

Ans: Dr. Verghese Kurien

8. The increase in oil seeds production was due to ?

Ans: Yellow revolution

9. The progress in increase of fish production was called.

Ans: Blue revolution

10. Which state is the biggest tea producer in the country ?

Ans: Assam

11. India holds the third position in production of Sugar cane.

Ans: False

12. National Agriculture Insurance Scheme was implemented on.

Ans: Oct. 1999

13. Which is not a Kharif Crop ?

Ans: Wheat

14. The data of estimation of India's National income is issued by ?

Ans: Central Statistical Organsation

15. The concept of Economic Planning in India is derived from ?

Ans: Russia