Economy of India MCQ Practice

Sample questions

1Match the e-commerce model with its basic feature.

A Marketplace model - platform owns the goods; Inventory model - platform only connects buyers and sellers

B Marketplace model - cash-only delivery; Inventory model - digital-only delivery

C Marketplace model - platform connects buyers and sellers; Inventory model - platform owns and sells goods directly

D Marketplace model - only business-to-business trade; Inventory model - only food delivery

2Match the items with the correct sector hook: 1. Green Revolution 2. White Revolution 3. Blue Revolution 4. E-commerce marketplace model

A 1-Foodgrains, 2-Dairy, 3-Fisheries, 4-Connects buyers and sellers

B 1-Dairy, 2-Foodgrains, 3-Logistics, 4-Owns and sells goods directly

C 1-Fisheries, 2-Dairy, 3-Foodgrains, 4-Only offline retail

D 1-Foodgrains, 2-Fisheries, 3-Dairy, 4-Consumer ration-card identification

3Which statement about the Green Revolution is incorrect?

A It is linked mainly with foodgrain productivity, especially wheat and rice.

B It depended only on high-yielding seeds and did not need irrigation, fertilisers, credit or procurement support.

C Its benefits were stronger in regions with better irrigation, infrastructure and market access.

D Long-term concerns included soil health, groundwater depletion, monocropping and loss of crop diversity.

4Which statement best describes a subsidy in the Indian economy?

A Government support that reduces the effective cost of a good, service or activity

B Only a cash transfer given directly to poor consumers

C A tax collected by the government to raise revenue

D A private discount offered by online sellers during festivals

5Which statement about e-commerce in the Indian economy is incorrect?

A Digital payments and logistics help convert an online order into actual delivery.

B Small sellers can use platforms to reach customers beyond their local market.

C Consumer protection, data protection and grievance redressal are important policy concerns.

D E-commerce is only online shopping and does not include sellers, payments, logistics, data or regulation.