Indian Economy Practice Question and Answer

Q:

Which of the following issued initial Public Offer no rins for Life Insurance?

1513 0

  • 1
    CRISIL
    Correct
    Wrong
  • 2
    SEBI
    Correct
    Wrong
  • 3
    RBI
    Correct
    Wrong
  • 4
    IRDA
    Correct
    Wrong
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Answer : 3. "RBI"

Q:

Whose Arthashastra was composed?

1501 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:

Which of the following committee is not associated to the estimation of poverty in India?

1494 0

  • 1
    V.K. Alagh Committee
    Correct
    Wrong
  • 2
    Suresh Tendulkar Committee
    Correct
    Wrong
  • 3
    Rangarajan Committee
    Correct
    Wrong
  • 4
    Vijay Kelkar Committee
    Correct
    Wrong
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Answer : 4. "Vijay Kelkar Committee"
Explanation :

It is related to the assessment of poverty in India.

(A) V.K. Alagh Committee

(B) Suresh Tendulkar Committee

(C) Rangarajan Committee

Q:

To which country does India export the largest amount of iron ore?

1494 0

  • 1
    Japan
    Correct
    Wrong
  • 2
    Russia
    Correct
    Wrong
  • 3
    U. K.
    Correct
    Wrong
  • 4
    Germany
    Correct
    Wrong
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Answer : 1. "Japan"

Q:

Who is the exponent of the term Green Revolution?

1492 0

  • 1
    William God
    Correct
    Wrong
  • 2
    Verghese Kurien
    Correct
    Wrong
  • 3
    Norman Borlaug
    Correct
    Wrong
  • 4
    none of these
    Correct
    Wrong
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Answer : 1. "William God"

Q:

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

1486 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:

Which under crop is the maximum agricultural land in India?

1481 0

  • 1
    Rice
    Correct
    Wrong
  • 2
    Cotton
    Correct
    Wrong
  • 3
    Maize
    Correct
    Wrong
  • 4
    Wheat
    Correct
    Wrong
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Answer : 1. "Rice"

Q:

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

1478 0

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

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