MCQ
Industrial Growth & Economic Reforms MCQ - Practice Questions with Answers
Solve 479 Industrial Growth & Economic Reforms questions for RAS/RPSC preparation.
Practice questions
Q1FDI inflows into India rose by what percentage to USD 47 billion in 2025, according to the UNCTAD report?
FDI inflows into India rose sharply by 73% to USD 47 billion in 2025 (UNCTAD report). The surge was driven by PLI schemes, ease of business reforms, and the 'China Plus One' strategy. Key investors included USA, Singapore, Mauritius, Japan, and Netherlands.
Q2Niryat Disha sub-scheme under EPM provides support for:
Niryat Disha tackles non-financial support: quality assurance, branding, packaging, trade fairs, logistics, and capacity building.
Q3The New Economic Policy (LPG reforms) of 1991 was introduced by which Finance Minister?
The LPG (Liberalization, Privatization, Globalization) reforms were introduced by Finance Minister Dr. Manmohan Singh under PM P.V. Narasimha Rao in 1991. They were triggered by a severe balance of payments crisis when India's forex reserves had fallen to just about $1 billion.
Q4The Sabka Bima Sabki Raksha Bill raises insurance FDI limit to what percentage?
The Bill raises the FDI limit in insurance from 74% to 100%, aiming for 'Insurance for All by 2047'.
Q5IBC has helped resolve how much debt in 9 years since 2016?
IBC helped resolve over ₹26 lakh crore (₹12L crore direct + ₹14L crore indirect deterrence).
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More questions
6When was the REPM manufacturing scheme approved by the Union Cabinet?
7Finance Minister Nirmala Sitharaman announced a campaign on October 4, 2025 to recover ₹1.84 lakh crore in unclaimed financial assets. Which of the following is NOT a category of unclaimed financial assets mentioned in this context?
8Consider the following statements regarding the India-US Interim Trade Deal announced on February 2, 2026: 1. The deal reduces US tariffs on Indian goods from 50% to 18%. 2. The 50% tariff included a penalty component for India purchasing Russian oil. 3. India committed to purchase $500 billion of US goods over the next 5 years. 4. The deal grants India Most Favoured Nation (MFN) status by the United States. Which of the above statements are CORRECT?
9The National Manufacturing Policy (2011) aimed to increase the share of manufacturing in GDP to:
10The revised MSME classification is based on:
11Which Section of the MMDR Act facilitates the transition of limestone leases from minor to major mineral?
12The Sabka Bima Sabki Raksha Act 2025 raised the FDI ceiling in the insurance sector to which percentage?
13What does HUID stand for in the context of gold hallmarking?
14Strategic disinvestment involves:
15Which section of the Companies Act, 2013 deals with Corporate Social Responsibility (CSR)?