Indian Economy Questions Practice Question and Answer
8 4 Q:
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5e37d5dfad02e21163c6353c 4 Q:
5f4cd3bb82369c1d610e6f62 4 Q:
5ff5826a9552896910b446b9 Answer : 3. "Increasing human population"
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Q: Price theory is also known as
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5dfca5eda3197573ca592ab6- 1Macro Economicsfalse
- 2Development Economicsfalse
- 3Public Economicsfalse
- 4Micro Economicstrue
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Answer : 4. "Micro Economics "
Q: What kind of economy is there in India?
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5e37d5dfad02e21163c6353c- 1socialistfalse
- 2Mixedtrue
- 3Freefalse
- 4Gandhianfalse
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Answer : 2. "Mixed"
Q: Which of the following is a better measurement of Economic Development?
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5f4cd3bb82369c1d610e6f62- 1NNPtrue
- 2Per capita incomefalse
- 3GDPfalse
- 4Disposable incomefalse
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Answer : 1. "NNP "
Q: Which factor is mainly responsible for increase in demand of natural resources?
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5ff5826a9552896910b446b9- 1Scientific advancementfalse
- 2Use of biodegradable chemicalsfalse
- 3Increasing human populationtrue
- 4Environmental pollutionfalse
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Answer : 3. "Increasing human population"
Explanation :
The correct answer is Increased human population. As the human population is increasing at an astounding rate, we have reached a number of 7.4 billion today. Naturally, this means that we are utilizing more and more natural resources.
Q: What percentage of the total central employees are employed in Indian Railways?
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5f0ff31a2d9085055f45e1c2- 150 %false
- 240 %true
- 345 %false
- 435 %false
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Answer : 2. " 40 %"
Q: By whom is the truck named Ashok Leyland produced?
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5f02a1c8ce72ee4f9c9c1782- 1Tatafalse
- 2Hindujatrue
- 3Birlafalse
- 4Godrejfalse
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Answer : 2. "Hinduja"
Q: Bank rate is the rate at which—
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5f0fe57510bdaa1158cd7178- 1A bank lends to the public.false
- 2RBI lends to the public.false
- 3RBI lends to commercial banks.true
- 4Government of India lends to other countries.false
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Answer : 3. "RBI lends to commercial banks."
Q: What is the demand for labor called?
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5dd23187c2282c484e44069a- 1Market demandfalse
- 2Direct demandfalse
- 3Derived demandtrue
- 4Factory demandfalse
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Answer : 3. "Derived demand"
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