Indian Economy Practice Question and Answer
8 Q: India's largest mineral-oil field is?
1712 05efbf817d7fe817321ad34bd
5efbf817d7fe817321ad34bd- 1Cauvery Basinfalse
- 2Kutch Basinfalse
- 3Assam Regionfalse
- 4Bombay Offshore Areatrue
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Answer : 4. "Bombay Offshore Area"
Q: Which is the most popular means of providing non institutional finance?
1710 05fc229f84f2f6c622bf429d3
5fc229f84f2f6c622bf429d3- 1Country Bankerfalse
- 2Mahajantrue
- 3Merchantfalse
- 4Co-operative bankfalse
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Answer : 2. "Mahajan"
Q: Which of the following industries has the highest labor force in India?
1697 05efbf5c3196e681f76e96f43
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.
Q: In which year was the Industrial Reconstruction Bank of India established?
1691 06088fc68bdba7253ca287eb5
6088fc68bdba7253ca287eb5- 11947false
- 21990false
- 31985true
- 41991false
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Answer : 3. "1985"
Q: What is the base year to calculate the National income in India?
1687 05ef433ca7c1ec61320b5d20d
5ef433ca7c1ec61320b5d20d- 12004-05false
- 22010-11false
- 32014-15false
- 42011-12true
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Answer : 4. "2011-12"
Q: 'Shining Star' is a symbol of which bank?
1677 06088fecd9f98193d2deb2e4b
6088fecd9f98193d2deb2e4b- 1Bank of Barodafalse
- 2Bank of Indiatrue
- 3Indian Bankfalse
- 4None of thesefalse
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Answer : 2. "Bank of India"
Q: Who contributes most to India's national income?
1673 05efbfe0030aa3b4ee606a7ea
5efbfe0030aa3b4ee606a7ea- 1Primary Sectorfalse
- 2Secondary sectorfalse
- 3Tertiary sectortrue
- 4All equalfalse
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Answer : 3. "Tertiary sector"
Q: Which of the following Indian states is a victim of poverty?
1672 05f7d551a90b25c12b1efb3a3
5f7d551a90b25c12b1efb3a3- 1Bihartrue
- 2Keralafalse
- 3Karnatakafalse
- 4Haryanafalse
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