Indian Economy Questions Practice Question and Answer
8 Q: In which year fourteen major banks were nationalized in India?
1536 05f9fc2cea00b420b05d5079d
5f9fc2cea00b420b05d5079d- 11967false
- 21968false
- 31969true
- 41971false
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Answer : 3. "1969 "
Q: Labour Intensive Technique would get chosen in a–
1516 06336e53793021d4ee41b0a34
6336e53793021d4ee41b0a34- 1Labour Surplus Economytrue
- 2Capital Surplus Economyfalse
- 3Developed Economyfalse
- 4Developing Economyfalse
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Answer : 1. "Labour Surplus Economy"
Explanation :
Expl:- Labour Intensive Technique will be chosen in Labour Surplus Economy because in such economy labour cost is low.
Q: Inflation in India is measured on which of the following indexes / indicators?
1500 06023ed55e4d6c265698f905a
6023ed55e4d6c265698f905a- 1Gross Domestic Product (GDP)false
- 2Wholesale Price Index (WPI)true
- 3Cost of Living Index (CLI)false
- 4Consumer Price Index (CPI)false
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Answer : 2. "Wholesale Price Index (WPI)"
Q: 'Mumbai High' is related to?
1498 05f9fc4864a02db7b99b3175c
5f9fc4864a02db7b99b3175c- 1Steelfalse
- 2Petroleumtrue
- 3Tombfalse
- 4Jutefalse
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Answer : 2. "Petroleum"
Q: In which account will the expenditure on the installation of new machinery be disbursed?
1496 05fb7b371e7381019a0b886e8
5fb7b371e7381019a0b886e8- 1Cash accountfalse
- 2Machinery Accounttrue
- 3Profit or lossfalse
- 4Installation expense accountfalse
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Answer : 2. "Machinery Account"
Q: The first oil refinery in India was established
1494 05f9fba0f33d1d86b9ab0fd44
5f9fba0f33d1d86b9ab0fd44- 1Baraunifalse
- 2Visakhapatnamfalse
- 3Digboitrue
- 4Mumbaifalse
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Answer : 3. "Digboi"
Q: Of the following land uses, which is restricted to Special Economic Zones?
1490 0601241da7fb81d03bf8160cd
601241da7fb81d03bf8160cd- 1Information Technology Companiesfalse
- 2Free Trade Centrestrue
- 3Educational Institutionsfalse
- 4Marketing Centresfalse
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Answer : 2. "Free Trade Centres"
Q: Which of the following ministry has Launched Mobile Application “ Jan Dhan Darshak” as A Part of Financial Inclusion?
1488 062e3b4ff723ac56e88648649
62e3b4ff723ac56e88648649- 1Finance Ministrytrue
- 2Ministry of Consumer Affairs, Food and Public Distributionfalse
- 3Ministry of Human Resource Developmentfalse
- 4Ministry of Parliamentary Affairsfalse
- 5Ministry of Commerce and Industryfalse
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Answer : 1. "Finance Ministry"
Explanation :
Department of Financial Services (DFS), Ministry of Finance and National Informatics Centre (NIC) has jointly developed a mobile app called Jan Dhan Darshak as a part of financial inclusion (FI) initiative .