Indian Economy Practice Question and Answer

Q:

An area which supports the economy and export trade of a sea port is called its ______.

1766 0

  • 1
    Trade land
    Correct
    Wrong
  • 2
    Hinter land
    Correct
    Wrong
  • 3
    Import land
    Correct
    Wrong
  • 4
    Export land
    Correct
    Wrong
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Answer : 2. "Hinter land"

Q:

Whose Arthashastra was composed?

1765 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:

Due to worldwide great depression, ‘New Deal’ was declared by?

1763 0

  • 1
    Abhraham Lincon
    Correct
    Wrong
  • 2
    Benzamin Frankllin
    Correct
    Wrong
  • 3
    J.F. Kennedy
    Correct
    Wrong
  • 4
    Roozwelt
    Correct
    Wrong
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Answer : 4. "Roozwelt"
Explanation :

Explain: -New Deal definition. A group of government programs and policies established under President Franklin D. Roosevelt in the 1930s; the New Deal was designed to improve conditions for persons suffering in the Great Depression.

Q:

What is called by the government to abolish the old currency and move to the new currency?

1759 0

  • 1
    Demonetization
    Correct
    Wrong
  • 2
    devaluation
    Correct
    Wrong
  • 3
    Currency contraction
    Correct
    Wrong
  • 4
    All these
    Correct
    Wrong
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Answer : 1. "Demonetization"

Q:

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

1751 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:

Which form of currency is more prevalent nowadays?

1748 0

  • 1
    Metallic money
    Correct
    Wrong
  • 2
    letter money
    Correct
    Wrong
  • 3
    Coins
    Correct
    Wrong
  • 4
    All of these
    Correct
    Wrong
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Answer : 2. "letter money"

Q:

In which year were the Regional Rural Banks established?

1728 0

  • 1
    1985
    Correct
    Wrong
  • 2
    1975
    Correct
    Wrong
  • 3
    1990
    Correct
    Wrong
  • 4
    2011
    Correct
    Wrong
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Answer : 2. "1975"

Q:

How much maternity benefits will be given to the pregnant mothers under the National Food Security Bill?

1714 0

  • 1
    Rs. 5000/year
    Correct
    Wrong
  • 2
    Rs.3000/year
    Correct
    Wrong
  • 3
    Rs.6000/year
    Correct
    Wrong
  • 4
    Rs.4000/year
    Correct
    Wrong
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Answer : 3. "Rs.6000/year"

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