Indian Economy Questions Practice Question and Answer
8 Q: Which is one of the factors of subsistence used to measure the Poverty Line in India?
1257 060b9f4b641fbe04381679f34
60b9f4b641fbe04381679f34- 1Equalityfalse
- 2Educationtrue
- 3Internetfalse
- 4Transportationfalse
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Answer : 2. "Education"
Q: In which year the concept of Multidimensional Poverty Index was introduced?
1248 06411793d539cee0fcabda0e9
6411793d539cee0fcabda0e9- 12010true
- 22011false
- 32000false
- 42008false
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Answer : 1. "2010"
Q: The Surplus earned by a factor other thus land in the short period is referred as –
1245 06336e47593021d4ee41b07e3
6336e47593021d4ee41b07e3- 1Economic Rentfalse
- 2Net Rentfalse
- 3Quasi-Renttrue
- 4Super-Normal Rentfalse
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Answer : 3. "Quasi-Rent "
Explanation :
Explain: -The Surplus earned by a factor other than land in the short period is referred as quasi-rent.
Q: National Insurance Awareness Day was observed on which day?
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61b1f27545c0db34860a8736- 126 Junefalse
- 227 Junefalse
- 328 Junetrue
- 429 Junefalse
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Answer : 3. "28 June"
Q: What will happen if labour productivity is increased?
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6336ddd130141c336c39f75f- 1Balanced cash wage will decreasefalse
- 2Competitive firms will be forced to invest morefalse
- 3Labour demand curve will shift towards righttrue
- 4None of the above.false
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Answer : 3. "Labour demand curve will shift towards right"
Explanation :
Explanation:- If there is low marginal labour production, then after giving wages there will be profit from marginal labourer. Ultimately, demand of labour will increase and labour demand curve will shift towards right.
Q: The National Mission for Saffron has been launched as a sub- scheme of which among the following programmes?
1234 06411772f539cee0fcabd9ebe
6411772f539cee0fcabd9ebe- 1National Food Security Missionfalse
- 2National Cash Crop Programmefalse
- 3National Horticulture Missionfalse
- 4Rashtriya Krishi Vikas Yojanatrue
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Answer : 4. "Rashtriya Krishi Vikas Yojana"
Q: IMF was established to meet which of the following objectives.
(i) Promoting International Monetary Cooperation
(ii) Expending International Trade
(iii) Lessening the inequlibrium in trade
(iv) Avoiding competitive exchange depreciations.
1231 06336dec35c208a6bf71b12b9
6336dec35c208a6bf71b12b9- 1i,ii,iiifalse
- 2i, iii, ivtrue
- 3ii, ivfalse
- 4i, ii, iii, ivfalse
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Answer : 2. "i, iii, iv"
Explanation :
Explain: -IMF stands for international monetary fund. It publishes “World Economic outlook” every year, IMF is an organisation of 189 countries, working to faster global monetary co-orperation, secur. The International Monetary Fund (IMF) is an organization of 189 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.
Q: What is the name of the amount from which the business is started?
1228 05fb7b1ab874fcb1994ba6a1a
5fb7b1ab874fcb1994ba6a1a- 1Cashfalse
- 2Capitaltrue
- 3Propertyfalse
- 4None of thesefalse
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