36. Which sector employs the largest share of India’s workforce?
a) Agriculture and allied activities
b) Manufacturing
c) Services
d) Information technology (IT)
37. The Foreign Exchange Management Act (FEMA) in India is administered by:
a) Reserve Bank of India (RBI)
b) Securities and Exchange Board of India (SEBI)
c) Ministry of Finance
d) Ministry of External Affairs
38. The index that measures the average change in prices of goods and services consumed by urban households in India is known as:
a) Consumer Price Index for Industrial Workers (CPI-IW)
b) Wholesale Price Index (WPI)
c) Consumer Price Index for Urban Non-Manual Employees (CPI-UNME)
d) Consumer Price Index for Urban Consumers (CPI-U)
39. Which of the following is India’s largest trading partner in terms of total trade (exports plus imports)?
a) China
b) United States
c) United Arab Emirates (UAE)
d) Saudi Arabia
40. The Goods and Services Tax (GST) was implemented in India from which year?
a) 2015
b) 2016
c) 2017
d) 2018
