Here is a collection of expected questions on Indian economy. This question bank is designed to benefit students preparing for the Scholastic Aptitude Test (SAT) of National Talent Search Examination (NTSE).

NTSE Preparation GK

1. Which Indian state stands first in the production of gold?

a) Karnataka
b) Maharashtra
c) Punjab
d) Orissa

2. The National Bank for Agriculture and Rural Development (NABARD) was formed in

a) 1982
b) 1985
c) 1980
d) 1990

3. Which Indian states lead in the production of rice?

a) West Bengal and Andhra Pradesh
b) Punjab and Haryana
c) West Benagal and Punjab
d) Haryana and Assam

4. Where is the headquarters of the Reserve Bank of India?

a) Mumbai
b) Delhi
c) Chennai
d) Kolkatta

5. Which Union Territory has the lowest percentage of people living below the poverty line?

a) Lakshadweep
b) Andaman and Nicobar islands
c) Chandigarh
d) Delhi

6. Coal is the most important traditional source of energy in India. Which position does India occupy in the global production of coal?

a) first position
b) third position
c) fifth position
d) second position

7. Which of the following banks operates in relation to the small industries?

a) SIDBI
b) IDBI
c) ICICI
d) NABARD

8. Which Indian state stands first in the production of tobacco?

a) Andhra Pradesh
b) Madhya Pradesh
c) Uttar Pradesh
d) Bihar

9. Among the following crops which is the highest foreign exchange earner for India?

a) jute
b) sugar cane
c) cotton
d) tea

10. India is the second largest producer of jute in the world. Which country stands first in the production of jute?

a) China
b) Japan
c) Canada
d) Bangladesh

11. Which Indian state stands first in the production of jute?

a) West Bengal
b) Orissa
c) Uttraranchal
d) Assam

12. In which of the following year was Planning Commission set up?

a) 1947
b) 1950
c) 1953
d) 1956

13. Which Indian state has the largest number of cotton textile mills?

a) Madhya Pradesh
b) Maharashtra
c) Gujarat
d) West Bengal

14. The National Thermal Power corporation was set up in

a) 1975
b) 1972
c) 1973
d) 1974

15. Which Indian state stands first in the production of lignite?

a) Andhra Pradesh
b) Tamil Nadu
c) Maharshatra
d) Uttar Pradesh

16. The Indian Oil Corporation was set up in

a) 1964
b) 1965
c) 1966
d) 1970

17. Which of the following pair of cities are known for the production of machine tools, heavy electrical machinery, ships and aeronautical parts?

a) Hyderabad and Vishakapatnam
b) Kochi and Thiruvananthapuram
c) Pune and Nasik
d) Bangalore and Mysore

18. Which Indian state stands first in the production of tea?

a) Assam
b) Karnataka
c) Kerala
d) Orissa

19. In which year was the Gas Authority of India Ltd set up?

a) 1982
b) 1983
c) 1984
d) 1985

20. Which of the following is the oldest large scale industry in India?

a) cotton textiles industry
b) jute and jute goods industry
c) coir and coir products industry
d) iron and steel industry

21. With the aid and collaboration of which of the following countries was the Durgapur steel plant set up in India?

a) United Kingdom
b) United States of America
c) Russia
d) Germany

22. The steel plants at Bhilai and Bokaro were built with the aid and collaboration of

a) United Kingdom
b) USSR
c) USA
d) Germany

23. Where is the headquarters of the Indian petro-chemicals corporation?

a) Mumbai
b) Guwahati
c) Vadodara
d) Visakhapatnam

24. The Ennore Thermal power station is in

a) Tamil Nadu
b) Andhra Pradesh
c) Maharashtra
d) Karnataka

25. The Hirakud hydroelectric power project is in

a) Madhya Pradesh
b) Orissa
c) Uttar Pradesh
d) Punjab

Answers

1. Karnataka
2. 1982
3. West Bengal and Andhra Pradesh
4. Mumbai
5. Lakshadweep
6. fifth position
7. SIDBI
8. Andhra Pradesh
9. jute
10. Bangladesh
11. West Bengal
12. 1950
13. Maharashtra
14. 1975
15. Tamil Nadu
16. 1964
17. Hyderabad and Vishakapatnam
18. Assam
19. 1984
20. cotton textiles industry
21. United Kingdom
22. USSR
23. Vadodara
24. Tamil Nadu
25. Orissa