Indian Economy Practice Question and Answer
8 Q: Cause of Inflation is -
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60a36dd7d3afc7379b0c205f- 1Increase in money supplyfalse
- 2Fall in productionfalse
- 3Increases in money supply and fall in productiontrue
- 4Decrease in money supply and fall in productionfalse
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Answer : 3. "Increases in money supply and fall in production "
Q: ‘COPRA’ is a_______
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5f8eab177793eb35d7211476- 1Credit Rationing Schemefalse
- 2Mega city schemefalse
- 3Consumer protection Acttrue
- 4Domestic Trade protection measurefalse
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Answer : 3. "Consumer protection Act "
Q: The purchase of shares and bonds of Indian companies by Foreign Institutional Investors is called? 1580 05ee874cd109b5d6e015ec306
5ee874cd109b5d6e015ec306- 1FDIfalse
- 2Portfolio Investmentfalse
- 3NRI Investmentfalse
- 4Foreign Indirect Investmenttrue
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Answer : 4. "Foreign Indirect Investment"
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.
Q: What action is the teacher teaching his son?
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5f7d520d3371cf6f4d4e5615- 1uneconomicalfalse
- 2Economicfalse
- 3bothtrue
- 4None of thesefalse
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Answer : 3. "both"
Q: Which multinational company bought 'Thums Up' brand of Parle Group?
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603765559792c13b28589a88- 1Nokiafalse
- 2Reebokfalse
- 3L. G.false
- 4Coca-Colatrue
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Answer : 4. "Coca-Cola"
Q: How much maternity benefits will be given to the pregnant mothers under the National Food Security Bill?
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5f8eaa9af28f4b47be464219- 1Rs. 5000/yearfalse
- 2Rs.3000/yearfalse
- 3Rs.6000/yeartrue
- 4Rs.4000/yearfalse
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Answer : 3. "Rs.6000/year"
Q: Which of the following industries has the highest labor force in India?
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5efbf5c3196e681f76e96f43- 1Cement Industryfalse
- 2textile industrytrue
- 3Jute Industryfalse
- 4Iron-steel industryfalse
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Answer : 2. "textile industry"
Explanation :
In 2021, 43.96 percent of the workforce in India were employed in agriculture, while the other half was almost evenly distributed among the two other sectors, industry and services. While the share of Indians working in agriculture is declining, it is still the main sector of employment.