Indian Economy Practice Question and Answer

Q:

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

1829 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:

The Relationship between rate of interest and consumption level was firstly estimated by–

1829 0

  • 1
    Amartya Sen
    Correct
    Wrong
  • 2
    Milton Freedman
    Correct
    Wrong
  • 3
    Irwing Fischer
    Correct
    Wrong
  • 4
    James Duezan Berry
    Correct
    Wrong
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Answer : 2. "Milton Freedman "
Explanation :

Explain: -With increase in rate of interest there is decrease in consumption level i.e. there is inverse relation between rate of interest and consumption level.

Q:

When was the first National Population Policy implemented in India?

1828 1

  • 1
    1952
    Correct
    Wrong
  • 2
    1976
    Correct
    Wrong
  • 3
    1987
    Correct
    Wrong
  • 4
    1950
    Correct
    Wrong
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Answer : 2. "1976"

Q:

Who contributes most to India's national income?

1815 0

  • 1
    Primary Sector
    Correct
    Wrong
  • 2
    Secondary sector
    Correct
    Wrong
  • 3
    Tertiary sector
    Correct
    Wrong
  • 4
    All equal
    Correct
    Wrong
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Answer : 3. "Tertiary sector"

Q:

Who suggested to recover from the terrible economic slowdown of Teesa?

1815 0

  • 1
    Prof. Cannes
    Correct
    Wrong
  • 2
    Malthus
    Correct
    Wrong
  • 3
    Amartya Sen
    Correct
    Wrong
  • 4
    Dada Bhai Naoroji
    Correct
    Wrong
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Answer : 1. "Prof. Cannes"

Q:

National Institute of Agricultural Marketing is located at?

1812 0

  • 1
    Jaipur
    Correct
    Wrong
  • 2
    Hyderabad
    Correct
    Wrong
  • 3
    New Delhi
    Correct
    Wrong
  • 4
    none of these
    Correct
    Wrong
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Answer : 1. "Jaipur"

Q:

Which of the following is popular as plastic currency?

1808 0

  • 1
    A. Tm
    Correct
    Wrong
  • 2
    paper note
    Correct
    Wrong
  • 3
    Check
    Correct
    Wrong
  • 4
    Draft
    Correct
    Wrong
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Answer : 1. "A. Tm"

Q:

Which is the most popular means of providing non institutional finance?

1800 0

  • 1
    Country Banker
    Correct
    Wrong
  • 2
    Mahajan
    Correct
    Wrong
  • 3
    Merchant
    Correct
    Wrong
  • 4
    Co-operative bank
    Correct
    Wrong
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Answer : 2. "Mahajan"

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