Indian Economy Questions Practice Question and Answer
8 4 Q:
5e37d5dfad02e21163c6353c 4 Q:
5dd23187c2282c484e44069a 4 Q:
5f0ff31a2d9085055f45e1c2 4 Q:
5f0fe57510bdaa1158cd7178 4 Q:
650ace4f7cef9d5024532e82 Answer : 1. "Excess socialistic approach in society"
4 Q:
5f4cd3bb82369c1d610e6f62 4 Q:
5ff5826a9552896910b446b9 Answer : 3. "Increasing human population"
4 Q:
5f02a1c8ce72ee4f9c9c1782
Q: What kind of economy is there in India?
2017 05e37d5dfad02e21163c6353c
5e37d5dfad02e21163c6353c- 1socialistfalse
- 2Mixedtrue
- 3Freefalse
- 4Gandhianfalse
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Answer : 2. "Mixed"
Q: What is the demand for labor called?
2008 15dd23187c2282c484e44069a
5dd23187c2282c484e44069a- 1Market demandfalse
- 2Direct demandfalse
- 3Derived demandtrue
- 4Factory demandfalse
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Answer : 3. "Derived demand"
Q: What percentage of the total central employees are employed in Indian Railways?
1994 05f0ff31a2d9085055f45e1c2
5f0ff31a2d9085055f45e1c2- 150 %false
- 240 %true
- 345 %false
- 435 %false
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Answer : 2. " 40 %"
Q: Bank rate is the rate at which—
1917 05f0fe57510bdaa1158cd7178
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: Socialism is successful in achieving because of–
1899 0650ace4f7cef9d5024532e82
650ace4f7cef9d5024532e82- 1Excess socialistic approach in societytrue
- 2To increase standard of livingfalse
- 3Equal distribution of incomefalse
- 4None of the abovefalse
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Answer : 1. "Excess socialistic approach in society"
Explanation :
Explain: -Making social welfare is the success of socialism
Q: Which of the following is a better measurement of Economic Development?
1886 05f4cd3bb82369c1d610e6f62
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?
1881 05ff5826a9552896910b446b9
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: By whom is the truck named Ashok Leyland produced?
1865 05f02a1c8ce72ee4f9c9c1782
5f02a1c8ce72ee4f9c9c1782- 1Tatafalse
- 2Hindujatrue
- 3Birlafalse
- 4Godrejfalse
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Answer : 2. "Hinduja"
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