Indian Economy Practice Question and Answer

Q:

Which of the following crops is more than all the countries of the world in India?

1682 0

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

Q:

“if other things remain the same” means

1667 0

  • 1
    ignoring everything
    Correct
    Wrong
  • 2
    to include each component
    Correct
    Wrong
  • 3
    all other unchanging things
    Correct
    Wrong
  • 4
    every variable
    Correct
    Wrong
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Answer : 3. "all other unchanging things"

Q:

The Indian economy can be appropriately described as a: 

1666 0

  • 1
    Traditional economy
    Correct
    Wrong
  • 2
    Mixed economy
    Correct
    Wrong
  • 3
    Capitalist economy
    Correct
    Wrong
  • 4
    Socialist economy
    Correct
    Wrong
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Answer : 2. "Mixed economy "

Q:

When was the National Nyadarshan established in the country?

1662 0

  • 1
    1955
    Correct
    Wrong
  • 2
    1965
    Correct
    Wrong
  • 3
    1950
    Correct
    Wrong
  • 4
    1952
    Correct
    Wrong
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Answer : 3. "1950"

Q:

Who was the first to assess national income in India?

1662 0

  • 1
    Dada Bhai Naoroji
    Correct
    Wrong
  • 2
    R.C.V Rao
    Correct
    Wrong
  • 3
    V.K.R.V Rao
    Correct
    Wrong
  • 4
    D .R. Gadanil
    Correct
    Wrong
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Answer : 1. "Dada Bhai Naoroji"

Q:

Who among the following is associated as a head with the Highlevel Task Force on Public Credit Registry (PCR) formed by the Reserve Bank of India?

1659 0

  • 1
    S Venkitaraman
    Correct
    Wrong
  • 2
    G. Ambegaokar
    Correct
    Wrong
  • 3
    Yeshwant M. Deosthalee
    Correct
    Wrong
  • 4
    R S Gujral
    Correct
    Wrong
  • 5
    S R Rao
    Correct
    Wrong
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Answer : 3. "Yeshwant M. Deosthalee"
Explanation :

High Level Task Force Report Summary Public Credit Registry for India. The Reserve Bank of India (RBI) had constituted a High Level Task Force (Chair: Mr. Y. M. Deosthalee) to assess the need and scope of setting up a Public Credit Registry in India.

Q:

Which under crop is the maximum agricultural land in India?

1654 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:

In which year NABARD was established?

1653 0

  • 1
    1935
    Correct
    Wrong
  • 2
    1991
    Correct
    Wrong
  • 3
    1976
    Correct
    Wrong
  • 4
    1982
    Correct
    Wrong
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Answer : 4. "1982"

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