Indian Economy Questions Practice Question and Answer
5 4 Q:
62ac7668f5480112e46ca0ae 4 Q:
641178915bff3d098ddf3fcb 4 Q:
650aa004761b44505ec9aa32 Answer : 1. "Cooperation between developing countries"
4 Q:
632c63525c208a6bf7ebc922 4 Q:
650a9a3f761b44505ec99916 Answer : 4. "Happens in firms when they expand their product"
Q: If the interest rate is decreased in an economy, it will
695 062ac7668f5480112e46ca0ae
62ac7668f5480112e46ca0ae- 1increase the investment expenditure in the economytrue
- 2increase the total savings in the economyfalse
- 3increase the total savings in the economyfalse
- 4decrease the consumption expenditure in the economyfalse
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Answer : 1. "increase the investment expenditure in the economy"
Q: Which of the following is related to green revolution in India?
688 0641178915bff3d098ddf3fcb
641178915bff3d098ddf3fcb- 1Environment Protectionfalse
- 2High Yielding Variety of Seedstrue
- 3Green House Effectfalse
- 4Calculation of Green GNPfalse
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Answer : 2. "High Yielding Variety of Seeds"
Q: Which of the following is related to South-South debate?
669 0650aa004761b44505ec9aa32
650aa004761b44505ec9aa32- 1Cooperation between developing countriestrue
- 2Defence Organisationfalse
- 3Sitting between developed & developing countriesfalse
- 4All of the above.false
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Answer : 1. "Cooperation between developing countries"
Explanation :
Explain: -South-South organization was held from 14-16 December 1978 in Tanzania. Its aim was to put focus for “new international economic view.”
Q: Which of the following is related to the South-South debate?
668 0632c63525c208a6bf7ebc922
632c63525c208a6bf7ebc922- 1Cooperation between developing countriestrue
- 2Defence Organisationfalse
- 3Sitting between developed & developing countriesfalse
- 4All of the abovefalse
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Answer : 1. "Cooperation between developing countries "
Q: Internal profit–
626 0650a9a3f761b44505ec99916
650a9a3f761b44505ec99916- 1Happens when internal trade expandsfalse
- 2Happens when business expandsfalse
- 3Happens in economy when they increasefalse
- 4Happens in firms when they expand their producttrue
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Answer : 4. "Happens in firms when they expand their product"
Explanation :
Explain: -Internal profit are made to firms when they expand their products. High level productivity, labour-division and modern equipments when used in better way, then internal profit is made. They are called as internal because firms increase their quality & quantity of production then only they gain internal profit.
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