Indian Economy Practice Question and Answer

Q:

In a cut motion, when the amount of demand is reduced by Rs 100/- , it is known as

1823 0

  • 1
    Disapproval of policy cut
    Correct
    Wrong
  • 2
    Economy cut
    Correct
    Wrong
  • 3
    Vote on Account
    Correct
    Wrong
  • 4
    Token cut
    Correct
    Wrong
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Answer : 4. "Token cut"

Q:

What action is the teacher teaching his son?

1815 0

  • 1
    uneconomical
    Correct
    Wrong
  • 2
    Economic
    Correct
    Wrong
  • 3
    both
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 3. "both"

Q:

Who was the founder of Bank of Baroda?

1813 0

  • 1
    Maharaja Sayajirao II
    Correct
    Wrong
  • 2
    Maharaja Bajirao-III
    Correct
    Wrong
  • 3
    P. karamchandra
    Correct
    Wrong
  • 4
    Maharaj Chhatrasal
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Maharaja Bajirao-III"
Explanation :

The Maharaja of Baroda, Maharaja Sayajirao Gaekwad III, founded Bank of Baroda on 20 July 1908 in the Princely State of Baroda, in Gujarat. This year, it's our 116th Foundation Day, and we've so many reasons to celebrate and cherish our journey so far.

Q:

Which method is acceptable in the following?

1813 0

  • 1
    10 rupee note
    Correct
    Wrong
  • 2
    Check
    Correct
    Wrong
  • 3
    Draft
    Correct
    Wrong
  • 4
    All of these
    Correct
    Wrong
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Answer : 1. "10 rupee note"

Q:

Which among of the following is not a positive sign for any industry.

1811 0

  • 1
    Decrease in profit
    Correct
    Wrong
  • 2
    Labour instability
    Correct
    Wrong
  • 3
    Decrease in market
    Correct
    Wrong
  • 4
    Decrease in demand
    Correct
    Wrong
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Answer : 1. "Decrease in profit "
Explanation :

Explain: -Decrease in profit is not a sudden positive sign.

Q:

In which crop the most disappointing result of Green Revolution was seen?

1801 0

  • 1
    Pulses
    Correct
    Wrong
  • 2
    Maize
    Correct
    Wrong
  • 3
    Oilseeds
    Correct
    Wrong
  • 4
    Soyabean
    Correct
    Wrong
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Answer : 1. "Pulses"

Q: The purchase of shares and bonds of Indian companies by Foreign Institutional Investors is called? 1801 0

  • 1
    FDI
    Correct
    Wrong
  • 2
    Portfolio Investment
    Correct
    Wrong
  • 3
    NRI Investment
    Correct
    Wrong
  • 4
    Foreign Indirect Investment
    Correct
    Wrong
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Answer : 4. "Foreign Indirect Investment"

Q:

Which metal is most used as currency?

1794 0

  • 1
    Iron
    Correct
    Wrong
  • 2
    Copper
    Correct
    Wrong
  • 3
    Brass
    Correct
    Wrong
  • 4
    Silver and Gold
    Correct
    Wrong
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Answer : 4. "Silver and Gold"

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