Indian Economy Practice Question and Answer

Q:

Purchasing Power Parity theory is related with 

1908 0

  • 1
    Wage rate
    Correct
    Wrong
  • 2
    Exchange rate
    Correct
    Wrong
  • 3
    Interest rate
    Correct
    Wrong
  • 4
    Bank rate
    Correct
    Wrong
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Answer : 2. "Exchange rate "

Q:

Which method is acceptable in the following?

1907 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:

In which year was the National Income Committee formed?

1903 0

  • 1
    1950
    Correct
    Wrong
  • 2
    1949
    Correct
    Wrong
  • 3
    1948
    Correct
    Wrong
  • 4
    1960
    Correct
    Wrong
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Answer : 2. "1949"

Q: The purchase of shares and bonds of Indian companies by Foreign Institutional Investors is called? 1897 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:

What action is the teacher teaching his son?

1895 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:

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

1882 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?

1870 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:

Cause of Inflation is -

1866 0

  • 1
    Increase in money supply
    Correct
    Wrong
  • 2
    Fall in production
    Correct
    Wrong
  • 3
    Increases in money supply and fall in production
    Correct
    Wrong
  • 4
    Decrease in money supply and fall in production
    Correct
    Wrong
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Answer : 3. "Increases in money supply and fall in production "

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