Indian Economy Practice Question and Answer
8 Q: India is ranked on the basis of ppp (Purchasing Power Parity)?
1307 05f7d4ecf90b25c12b1ef7bfe
5f7d4ecf90b25c12b1ef7bfe- 14false
- 29false
- 37false
- 43true
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Answer : 4. "3"
Q: When was the Planning Commission formed in India?
1305 05f7d53ea3c7d8710e014920c
5f7d53ea3c7d8710e014920c- 115 March 1950true
- 215 September 1950false
- 315 October 1951false
- 4None of thesefalse
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Answer : 1. "15 March 1950"
Q: In which year were the Regional Rural Banks established?
1305 05fc228d4f4c6e37e930c9e11
5fc228d4f4c6e37e930c9e11- 11985false
- 21975true
- 31990false
- 42011false
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Answer : 2. "1975"
Q: Diamonds are priced higher than water because–
1300 060123fc3178b94051cee4ac7
60123fc3178b94051cee4ac7- 1consumers do not buy them at lower prices.false
- 2they are sold by selected firms with monopolistic powers.true
- 3their total utility to buyers is higher than that of water.false
- 4their marginal utility to buyers is higher than that of waterfalse
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Answer : 2. "they are sold by selected firms with monopolistic powers."
Q: Which of the following crops is more than all the countries of the world in India?
1297 05efbfbc8d7fe817321ad361a
5efbfbc8d7fe817321ad361a- 1Wheatfalse
- 2Cottonfalse
- 3Sugarcanetrue
- 4Ricefalse
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Answer : 3. "Sugarcane"
Q: Which curve shows the inverse relationship between unemployment and inflation rates?
1292 05f572460c1a5d57a18308e06
5f572460c1a5d57a18308e06- 1Phillips curvetrue
- 2Indifference curvefalse
- 3IS curvefalse
- 4Supply curvefalse
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Answer : 1. "Phillips curve "
Q: The tree like structure of records in a database in-
1287 0650aa695761b44505ec9b708
650aa695761b44505ec9b708- 1Network Modelfalse
- 2Hierarchical Modeltrue
- 3Relational Modelfalse
- 4Multi-Dimenmoral Modelfalse
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Answer : 2. "Hierarchical Model"
Explanation :
Explain: -Hierarchical structures were widely used in the early mainframe database management system, such as the Information Management System
Q: Due to worldwide great depression, ‘New Deal’ was declared by?
1286 0650ad8ac761b44505eca6d60
650ad8ac761b44505eca6d60- 1Abhraham Linconfalse
- 2Benzamin Frankllinfalse
- 3J.F. Kennedyfalse
- 4Roozwelttrue
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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.

