Indian Economy Practice Question and Answer

Q:

Which is the most essential function of an entrepreneur? 

1636 0

  • 1
    Marketing
    Correct
    Wrong
  • 2
    Risk bearing
    Correct
    Wrong
  • 3
    Supervision
    Correct
    Wrong
  • 4
    Management
    Correct
    Wrong
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Answer : 2. "Risk bearing "

Q:

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

1629 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:

What is the accounting year period of Reserve Bank of India?

1622 0

  • 1
    April to March
    Correct
    Wrong
  • 2
    July to June
    Correct
    Wrong
  • 3
    January to December
    Correct
    Wrong
  • 4
    August to July
    Correct
    Wrong
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Answer : 2. "July to June "

Q:

Which method is acceptable in the following?

1618 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:

PSW stands for

1605 0

  • 1
    Process status word
    Correct
    Wrong
  • 2
    Processor status word
    Correct
    Wrong
  • 3
    Program status word
    Correct
    Wrong
  • 4
    Primitive status word
    Correct
    Wrong
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Answer : 3. "Program status word"

Q:

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

1605 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:

Gilt alt market is related to?

1602 0

  • 1
    Gold and silver
    Correct
    Wrong
  • 2
    currency note
    Correct
    Wrong
  • 3
    Government securities
    Correct
    Wrong
  • 4
    Letter of credit
    Correct
    Wrong
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Answer : 1. "Gold and silver"

Q:

Which country is the largest producer of litchi in the world?

1596 0

  • 1
    India
    Correct
    Wrong
  • 2
    Nepal
    Correct
    Wrong
  • 3
    Russia
    Correct
    Wrong
  • 4
    China
    Correct
    Wrong
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Answer : 1. "India"

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