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Indian Economy Quiz for Bank Exams

Written By Ashu Insan on Thursday 25 April 2013 | 00:49

Dear Bank Aspirents,

This is the set of 25 Quiz based on Current Indian Economy. Get an insight about the economic events of the India by solving these quizzes. These quizzes have been developed taking into consideration the latest economic events to help in keeping up the pace with the competitive world.


1. The Budget estimate of the 12th Five-Year Plan expenditure for 2013-14 is–
(A) Rs. 4,55,322 crore (B) Rs. 5,55,322 crore
(C) Rs. 6,55,322 crore (D) Rs. 6,66,322 crore
Answer: Rs. 5,55,322 crore

2. Agriculture and allied activities, according to the Economic Survey 2012-13, accounted for Gross Domestic Product’s–
(A) 13 percent (B) 14 percent
(C) 14.1 percent (D) 14.2 percent
Answer: 14.1 percent

3. The Economic Survey 2012-13 says that food grains production was at a record high in 2011-12, which was–
(A) 250.32 million tonnes (B) 253.32 million tonnes
(C) 255.32 million tonnes (D) 259.32 million tonnes
Answer: 259.32 million tonnes

4. The percentage of agriculture and allied sector in total employment in the country, according to the Economic Survey 2012-13, is as high as–
(A) 55 percent (B) 56.1 percent
(C) 57.1 percent (D) 58.2 percent
Answer: 58.2 percent

5. What percentage of rise in tax GDP ratio is critical for sustaining the fiscal consolidation according to the Economic Survey 2012-13 ?
(A) 11 percent (B) 12 percent
(C) 13 percent (D) 14 percent
Answer: 11 percent

6. According to the Census 2011, the percentage of Urban Indians connected to a piped sewer system is–
(A) 50.3 percent (B) 46.4 percent
(C) 34.6 percent (D) 32.7 percent
Answer: 32.7 percent

7. According to the 12th Plan document, the costs for implementing the Energy Efficiency Mission during the Plan period (excluding the Private Investment) is estimated to be–
(A) Rs. 3,000 crore (B) Rs. 3,100 crore
(C) Rs. 3,300 crore (D) Rs. 3,400 crore
Answer: Rs. 3,400 crore



8. According to the Railway Budget 2013-14, out of one hundred new trains proposed to be run, the number of Mail/Express trains will be–
(A) 65 (B) 66
(C) 67 (D) 68
Answer: 67

9. According to the Railway Budget 2013-14 instead of booking 2,000 per minute as it is doing now, the Indian Railways Catering and Tourism Corporation (IRCTC) ticket-booking website will be augmented to book per minute–
(A) 4,000 tickets (B) 5,000 tickets
(C) 7,000 tickets (D) 7,200 tickets
Answer: 7,200 tickets

10. The Railways Budget 2013-14 has proposed to introduce a new hyper luxury class to be called–
(A) Anand (B) Anubhuti
(C) Udaan (D) Apoorva
Answer: Anubhuti

11. The proposed allocation for the newly launched “National Livestock Mission” in the Union Budget 2013-14 is–

(A) Rs. 300 crore (B) Rs. 304 crore
(C) Rs. 307 crore (D) Rs. 310 crore
Answer: Rs. 307 crore

12. To encourage farmers to switch to alternative crops from rice and wheat, the Budget 2013-14 has pledged–
(A) Rs. 400 crore (B) Rs. 500 crore
(C) Rs. 600 crore (D) Rs.700 crore
Answer: Rs. 500 crore

13. The budget allocation for the biggest farm scheme, National Food Security Mission, for 2013-14 has been raised to Rs. 2,250 crore which was earlier–
(A) Rs. 1,463.57 crore (B) Rs. 1,563.77 crore
(C) Rs. 1,663.87 crore (D) Rs. 1,763.57 crore
Answer: Rs. 1,763.57 crore

14. In the first six months of 2013-14 fiscal, the Government wants to build roads up to–
(A) 3,000 km (B) 4,000 km
(C) 5,000 km (D) 6,000 km
Answer: 3,000 km

15. The Budget 2013-14, for the modernisation of powerloom sector, proposes to provide
(A) Rs. 2,100 crore (B) Rs. 2,200 crore
(C) Rs. 2,300 crore (D) Rs. 2,400 crore
Answer: Rs. 2,400 crore

16. In the Budget 2013-14, how much money has been allocated to the Ministry of Science and Technology ?
(A) Rs. 5,275 crore (B) Rs. 6,275 crore
(C) Rs. 7,275 crore (D) Rs. 8,275 crore
Answer: 6,275 crore

17. How much money has been allocated to the Ministry of Minorities Affairs in the Budget 2013-14 ?
(A) Rs. 3,511 crore (B) Rs. 3,912 crore
(C) Rs. 4,511 crore (D) Rs. 5,511 crore
Answer: Rs. 3,511 crore

18. Out of the total budget allocation of 2,03,672 crore for the Defence for 2013-14, the amount set aside for modernising armed forces’ capabilities is–
(A) 17,162 crore (B) 18,166 crore
(C) 19,167 crore (D) 19,162 crore
Answer: 17,162 crore

19. The Budget 2013-14 has earmarked for the internal security establishment for the 2013-14 an amount of–
(A) Rs. 50,260 crore (B) Rs. 52,264 crore
(C) Rs. 52,465 crore (D) Rs. 53,465 crore
Answer: Rs. 52,264 crore

20. The Budget 2013-14 has proposed to allocate for urban transportation under Jawaharlal Nehru National Urban Renewal Mission (JNNURM) a sum of–
(A) Rs.10,873 crore (B) Rs.12,873 crore
(C) Rs.13,873 crore (D) Rs.14,873 crore
Answer: Rs.14,873 crore

21. According to the 12th Five-Year Plan, India should bring Infant Mortality Rate by the end of the Plan down to–

(A) 25 (B) 26
(C) 27 (D) 28
Answer: 28

22. By the end of the Plan, the 12th Five-Year Plan aims to train under the Skill Development Mission–
(A) 30 million individuals (B) 40 million individuals
(C) 45 million individuals (D) 50 million individuals
Answer: 50 million individuals

23. The projected average level of the domestic saving rate for the 12th Plan is
(A) 30.1 percent (B) 34.2 percent
(C) 34.6 percent (D) 35.2 percent
Answer: 34.2 percent

24. The total public sector investment in infrastructure envisaged in the 12th Plan by the Centre is–
(A) Rs. 15,27,229 crore (B) Rs. 16,28,030 crore
(C) Rs. 16,28,129 crore (D) Rs. 16,28,229 crore
Answer: Rs. 16,28,129 crore

25. For repair, renovation and rastoration of water bodies (RRR Scheme), during the 12th Plan, the allocation has been made to the tune of–
(A) Rs. 2,000 crore (B) Rs. 5,000 crore
(C) Rs. 7,000 crore (D) Rs.8,000 crore
Answer: Rs. 5,000 crore

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