Lifelines of National Economy MCQs for RRB NTPC 2024

The “Lifelines of National Economy” is a vital concept in economics, especially for exams like the RRB NTPC 2024. It refers to the infrastructure and services that support the functioning of an economy, such as transport, communication, banking, and trade. These sectors are critical for economic growth and development. To help you prepare, here are a set of MCQs focusing on the “Lifelines of National Economy.”

Lifelines of National Economy MCQs

1. Transport and Communication

Which of the following is not a mode of transport in India?
- A) Railways
- B) Air transport
- C) Waterways
- D) Submarine transport
- Answer: D) Submarine transport
The Golden Quadrilateral project connects which of the following cities?
- A) Delhi, Mumbai, Kolkata, Chennai
- B) Delhi, Bangalore, Chennai, Kolkata
- C) Mumbai, Hyderabad, Pune, Chennai
- D) Delhi, Hyderabad, Kolkata, Bengaluru
- Answer: A) Delhi, Mumbai, Kolkata, Chennai
Which of the following is the longest railway network in India?
- A) North Eastern Railway
- B) South Western Railway
- C) Northern Railway
- D) Eastern Railway
- Answer: C) Northern Railway
Which Indian port is known as the ‘Gateway of India’?
- A) Mumbai Port
- B) Chennai Port
- C) Kolkata Port
- D) Kochi Port
- Answer: A) Mumbai Port
Which of the following is the major purpose of the National Highways Development Project (NHDP)?
- A) To promote foreign trade
- B) To improve the existing railway tracks
- C) To construct new highways and improve road transport infrastructure
- D) To reduce traffic congestion in urban areas
- Answer: C) To construct new highways and improve road transport infrastructure

2. Communication and Information Technology

Which of the following is the primary objective of the ‘Digital India’ program?
- A) Improve agricultural output
- B) Provide universal access to government services via digital means
- C) Increase foreign direct investment in the country
- D) Promote traditional forms of communication
- Answer: B) Provide universal access to government services via digital means
Which of the following communication satellites was launched to improve rural communication?
- A) GSAT-6
- B) GSAT-15
- C) GSAT-30
- D) GSAT-18
- Answer: A) GSAT-6
Which of the following is the leading telecommunications company in India?
- A) Bharti Airtel
- B) Vodafone Idea
- C) BSNL
- D) Reliance Jio
- Answer: D) Reliance Jio
Which of the following sectors is primarily responsible for the communication network in India?
- A) Banking Sector
- B) Agricultural Sector
- C) Telecom Sector
- D) Manufacturing Sector
- Answer: C) Telecom Sector
The State-owned Bharat Sanchar Nigam Limited (BSNL) is mainly responsible for providing which service in India?
- A) Internet service
- B) Railway services
- C) Postal services
- D) Telecommunication services
- Answer: D) Telecommunication services

3. Energy and Power Supply

Which of the following is the largest source of electricity generation in India?
- A) Solar power
- B) Hydroelectric power
- C) Coal-based power
- D) Wind power
- Answer: C) Coal-based power
The ‘Ujjwala Yojana’ scheme is primarily aimed at:
- A) Providing free LPG connections to poor households
- B) Increasing electricity generation
- C) Supplying renewable energy to rural areas
- D) Promoting solar energy usage
- Answer: A) Providing free LPG connections to poor households
India’s largest solar power park is located in which state?
- A) Gujarat
- B) Rajasthan
- C) Tamil Nadu
- D) Maharashtra
- Answer: B) Rajasthan
The National Thermal Power Corporation (NTPC) is associated with:
- A) Wind power generation
- B) Coal-based electricity generation
- C) Solar energy projects
- D) Oil extraction
- Answer: B) Coal-based electricity generation
Which of the following is the main objective of the ‘National Solar Mission’ in India?
- A) To provide free electricity to rural areas
- B) To reduce reliance on fossil fuels by promoting solar energy
- C) To increase coal production
- D) To improve the country’s nuclear energy capacity
- Answer: B) To reduce reliance on fossil fuels by promoting solar energy

4. Financial and Banking Services

The Reserve Bank of India (RBI) is responsible for regulating which of the following?
- A) Stock Market
- B) Banking and monetary policy
- C) Taxation system
- D) Foreign policy
- Answer: B) Banking and monetary policy
Which of the following schemes was introduced by the Government of India to promote financial inclusion?
- A) Pradhan Mantri Jan Dhan Yojana (PMJDY)
- B) MUDRA Scheme
- C) Atal Pension Yojana (APY)
- D) All of the above
- Answer: D) All of the above
Which Indian bank was the first to launch mobile banking services?
- A) State Bank of India (SBI)
- B) Punjab National Bank (PNB)
- C) ICICI Bank
- D) HDFC Bank
- Answer: C) ICICI Bank
Which of the following is India’s largest public sector bank by assets?
- A) Bank of Baroda
- B) Punjab National Bank
- C) State Bank of India
- D) Canara Bank
- Answer: C) State Bank of India
The Pradhan Mantri Mudra Yojana (PMMY) aims to provide financial assistance to:
- A) Startups and small businesses
- B) Farmers in distress
- C) Students for higher education
- D) Government employees
- Answer: A) Startups and small businesses

5. Trade and Commerce

Which of the following is the primary export commodity of India?
- A) Petroleum products
- B) Gems and jewelry
- C) Textiles and apparel
- D) Chemicals
- Answer: B) Gems and jewelry
Which of the following institutions is responsible for regulating international trade in India?
- A) Securities and Exchange Board of India (SEBI)
- B) Reserve Bank of India (RBI)
- C) Directorate General of Foreign Trade (DGFT)
- D) Ministry of Commerce and Industry
- Answer: C) Directorate General of Foreign Trade (DGFT)
India’s major trading partner for exports is:
- A) China
- B) USA
- C) United Arab Emirates
- D) Japan
- Answer: B) USA
The Goods and Services Tax (GST) in India was implemented in which year?
- A) 2015
- B) 2016
- C) 2017
- D) 2018
- Answer: C) 2017
The ‘Make in India’ initiative aims to:
- A) Increase foreign direct investment in manufacturing
- B) Promote the export of Indian-made goods
- C) Both A and B
- D) Increase imports of raw materials
- Answer: C) Both A and B

6. Agriculture and Rural Economy

The Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) is focused on:
- A) Providing financial assistance to farmers
- B) Ensuring water supply for irrigation in rural areas
- C) Promoting organic farming
- D) Establishing agricultural markets in rural areas
- Answer: B) Ensuring water supply for irrigation in rural areas
Which of the following is the highest contributor to India’s GDP?
- A) Agriculture
- B) Manufacturing
- C) Services
- D) Mining
- Answer: C) Services
India’s National Agricultural Market (eNAM) aims to:
- A) Improve the price of agricultural products
- B) Enable farmers to sell their produce directly to consumers
- C) Promote digital infrastructure in agriculture
- D) All of the above
- Answer: D) All of the above
Which of the following is a cash crop of India?
- A) Wheat
- B) Rice
- C) Cotton
- D) Pulses
- Answer: C) Cotton
Which of the following is the primary objective of the National Dairy Development Board (NDDB)?
- A) To provide subsidies to dairy farmers
- B) To promote dairy farming and improve milk production
- C) To establish dairy product export markets
- D) To support animal husbandry only
- Answer: B) To promote dairy farming and improve milk production

7. Transport and Infrastructure

The first expressway in India was the:

A) Yamuna Expressway
B) Delhi-Mumbai Expressway
C) National Highway 44 (NH44)
D) Agra-Lucknow Expressway
Answer: A) Yamuna Expressway

Which of the following is the longest river bridge in India?

A) Digha-Sonpur Bridge
B) Bhupen Hazarika Setu
C) Mahatma Gandhi Setu
D) Bandra-Worli Sea Link
Answer: B) Bhupen Hazarika Setu

India’s national waterway on the Ganga River is known as:

A) National Waterway 1
B) National Waterway 2
C) National Waterway 3
D) National Waterway 4
Answer: A) National Waterway 1

The Delhi Metro is an example of:

A) Air transport
B) Water transport
C) Urban transport
D) International transport
Answer: C) Urban transport

The Indian Railways is known for the operation of:

A) Bullet trains
B) Metro trains
C) Suburban trains
D) Goods trains and passenger trains
Answer: D) Goods trains and passenger trains

8. Energy and Power Supply

Which of the following renewable energy sources is India heavily investing in?

A) Nuclear energy
B) Wind energy
C) Hydroelectric energy
D) All of the above
Answer: D) All of the above

India has set a target of generating how many gigawatts (GW) of solar power by 2030?

A) 50 GW
B) 100 GW
C) 175 GW
D) 500 GW
Answer: C) 175 GW

Which of the following is India’s largest hydroelectric power station?

A) Sardar Sarovar Dam
B) Narmada Dam
C) Bhakra Nangal Dam
D) Koyna Hydroelectric Power Station
Answer: D) Koyna Hydroelectric Power Station

Which of the following is a key feature of the ‘Smart Grid’ initiative in India?

A) Expansion of coal-based power plants
B) Use of advanced technology for better energy management
C) More import of solar energy
D) Setting up renewable energy centers in rural areas
Answer: B) Use of advanced technology for better energy management

Which state in India is known as the “Solar Capital of India” due to its extensive solar energy projects?

A) Gujarat
B) Rajasthan
C) Maharashtra
D) Tamil Nadu
Answer: A) Gujarat

9. Financial and Banking Services

Which of the following is the primary purpose of the Pradhan Mantri Jan Dhan Yojana (PMJDY)?

A) To increase digital literacy
B) To provide financial services to every household
C) To promote self-employment
D) To reduce the fiscal deficit
Answer: B) To provide financial services to every household

Which of the following institutions is responsible for regulating India’s stock market?

A) SEBI (Securities and Exchange Board of India)
B) RBI (Reserve Bank of India)
C) Ministry of Finance
D) NABARD (National Bank for Agriculture and Rural Development)
Answer: A) SEBI (Securities and Exchange Board of India)

Which of the following was introduced to help improve credit access for farmers in India?

A) Kisan Credit Card (KCC)
B) Financial Inclusion Plan (FIP)
C) Prime Minister’s Awas Yojana (PMAY)
D) Financial Literacy and Awareness Program (FLAP)
Answer: A) Kisan Credit Card (KCC)

What is the full form of ‘RTGS’ in banking terminology?

A) Real-Time Gross Settlement
B) Reserve Time Gross Settlement
C) Remittance Time Gross Settlement
D) Regional Time Gross Settlement
Answer: A) Real-Time Gross Settlement

The ‘MUDRA’ scheme in India is primarily aimed at providing:

A) Loans to farmers
B) Subsidized loans for small businesses
C) Education loans
D) Housing loans
Answer: B) Subsidized loans for small businesses

10. Trade and Commerce

The ‘Make in India’ campaign was launched in which year?

A) 2012
B) 2014
C) 2016
D) 2018
Answer: B) 2014

Which of the following is India’s largest export partner in terms of value?

A) China
B) United States
C) United Arab Emirates
D) European Union
Answer: B) United States

Which of the following is India’s major export in terms of value?

A) Petroleum products
B) Textiles and garments
C) Machinery
D) Pharmaceuticals
Answer: D) Pharmaceuticals

What does the term “India’s trade balance” refer to?

A) The difference between exports and imports
B) The balance of payments with other countries
C) The value of imports into India
D) The total GDP generated by trade
Answer: A) The difference between exports and imports

Which of the following free trade agreements is India a part of?

A) SAFTA (South Asian Free Trade Area)
B) ASEAN Free Trade Agreement
C) India-Mercosur Preferential Trade Agreement
D) All of the above
Answer: D) All of the above

11. Agriculture and Rural Economy

Which of the following schemes was launched to provide insurance coverage to farmers in India?

A) National Agricultural Insurance Scheme (NAIS)
B) Pradhan Mantri Fasal Bima Yojana (PMFBY)
C) Kisan Samman Nidhi Yojana
D) Swaminathan Commission Scheme
Answer: B) Pradhan Mantri Fasal Bima Yojana (PMFBY)

Which of the following crops is known as the ‘Golden Fibre’ of India?

A) Cotton
B) Wheat
C) Rice
D) Jute
Answer: D) Jute

What is the main objective of the ‘Pradhan Mantri Krishi Sinchayee Yojana’ (PMKSY)?

A) To provide subsidies on agricultural products
B) To provide irrigation facilities to farmers
C) To promote organic farming
D) To reduce the use of chemical fertilizers
Answer: B) To provide irrigation facilities to farmers

The Green Revolution in India primarily aimed at:

A) Increasing agricultural exports
B) Increasing food grain production
C) Expanding agricultural land
D) Promoting organic farming techniques
Answer: B) Increasing food grain production

Which of the following is India’s largest agricultural product by value?

A) Rice
B) Wheat
C) Tea
D) Cotton
Answer: A) Rice

These additional MCQs on Lifelines of National Economy will give you a comprehensive understanding of key sectors, including transport, energy, trade, banking, and agriculture. Keep practicing these questions to strengthen your knowledge for the RRB NTPC 2024 exam.

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