Indian Economy Questions Practice Question and Answer
8 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: 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: Who among the following became the first Chief Minister of the National Capital Territory of Delhi in 1993?
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6572e137a1070fbf9bedc055- 1Madan Lal Khuranatrue
- 2Sheila Dixitfalse
- 3Sushma Swarajfalse
- 4Sahib Singh Vermafalse
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Answer : 1. "Madan Lal Khurana"
Explanation :
1. Madan Lal Khurana (15 October 1936 – 27 October 2018) was an Indian politician and former Chief Minister of Delhi from 1993 to 1996.
2. He was succeeded by Gurmukh Nihal Singh of the Indian National Congress, who held the post for just one year in 1955.
3. The States Reorganization Act, 1956 made Delhi a union territory under central control.
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: The first bank to open its branch outside India in London in 1946
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61b7509c7a5b3510e9c5e7aa- 1Bank of Indiatrue
- 2Canara Bankfalse
- 3Imperial Bank of Indiafalse
- 4Central Bank of Indiafalse
- 5None of thesefalse
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Answer : 1. "Bank of India"
Explanation :
The first Indian bank to open a branch outside India was the Bank of India. It established its first overseas branch in London in 1946.