Indian Economy Practice Question and Answer

Q:

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

1307 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:

When was the Planning Commission formed in India?

1305 0

  • 1
    15 March 1950
    Correct
    Wrong
  • 2
    15 September 1950
    Correct
    Wrong
  • 3
    15 October 1951
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 1. "15 March 1950"

Q:

In which year were the Regional Rural Banks established?

1305 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:

Diamonds are priced higher than water because–

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  • 1
    consumers do not buy them at lower prices.
    Correct
    Wrong
  • 2
    they are sold by selected firms with monopolistic powers.
    Correct
    Wrong
  • 3
    their total utility to buyers is higher than that of water.
    Correct
    Wrong
  • 4
    their marginal utility to buyers is higher than that of water
    Correct
    Wrong
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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 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:

Which curve shows the inverse relationship between unemployment and inflation rates?

1292 0

  • 1
    Phillips curve
    Correct
    Wrong
  • 2
    Indifference curve
    Correct
    Wrong
  • 3
    IS curve
    Correct
    Wrong
  • 4
    Supply curve
    Correct
    Wrong
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Answer : 1. "Phillips curve "

Q:

The tree like structure of records in a database in-

1287 0

  • 1
    Network Model
    Correct
    Wrong
  • 2
    Hierarchical Model
    Correct
    Wrong
  • 3
    Relational Model
    Correct
    Wrong
  • 4
    Multi-Dimenmoral Model
    Correct
    Wrong
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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 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.

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