Indian Economy Practice Question and Answer

Q:

Which of the following industries has the highest labor force in India?

1940 0

  • 1
    Cement Industry
    Correct
    Wrong
  • 2
    textile industry
    Correct
    Wrong
  • 3
    Jute Industry
    Correct
    Wrong
  • 4
    Iron-steel industry
    Correct
    Wrong
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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:

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

1939 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:

India is ranked on the basis of ppp (Purchasing Power Parity)?

1936 0

  • 1
    4
    Correct
    Wrong
  • 2
    9
    Correct
    Wrong
  • 3
    7
    Correct
    Wrong
  • 4
    3
    Correct
    Wrong
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Answer : 4. "3"

Q:

Whose Arthashastra was composed?

1936 0

  • 1
    Chandragupta
    Correct
    Wrong
  • 2
    Maurya Alexander
    Correct
    Wrong
  • 3
    Chanakya
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 3. "Chanakya"

Q:

Who contributes most to India's national income?

1923 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:

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

1913 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:

National Institute of Agricultural Marketing is located at?

1911 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:

Stagflation is defined as

1909 0

  • 1
    high inflation, low growth, high unemployment
    Correct
    Wrong
  • 2
    high inflation, low growth, high unemployment
    Correct
    Wrong
  • 3
    high inflation, high growth, high unemployment
    Correct
    Wrong
  • 4
    low inflation, high growth, low unemployment
    Correct
    Wrong
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Answer : 2. "high inflation, low growth, high unemployment "

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