Indian Economy Practice Question and Answer
8 Q: In which year NABARD was established?
1823 060d3134f025df84f0791c3a7
60d3134f025df84f0791c3a7- 11935false
- 21991false
- 31976false
- 41982true
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Answer : 4. "1982"
Q: Which of the following crops is more than all the countries of the world in India?
1818 05efbfbc8d7fe817321ad361a
5efbfbc8d7fe817321ad361a- 1Wheatfalse
- 2Cottonfalse
- 3Sugarcanetrue
- 4Ricefalse
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Answer : 3. "Sugarcane"
Q: When was the National Nyadarshan established in the country?
1811 06052f265528a962d2e419bd1
6052f265528a962d2e419bd1- 11955false
- 21965false
- 31950true
- 41952false
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Answer : 3. "1950"
Q: What is the basic structure of an economy?
1810 06037642a24cd273bc4f50b53
6037642a24cd273bc4f50b53- 1Agriculturefalse
- 2industriesfalse
- 3Servicesfalse
- 4threetrue
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Answer : 4. "three"
Q: Who was the first to assess national income in India?
1803 05f029c62e890ce63e579d010
5f029c62e890ce63e579d010- 1Dada Bhai Naorojitrue
- 2R.C.V Raofalse
- 3V.K.R.V Raofalse
- 4D .R. Gadanilfalse
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Answer : 1. "Dada Bhai Naoroji"
Q: In which year was the Indian Unit Test established?
1802 06088fd109f98193d2deb2c59
6088fd109f98193d2deb2c59- 11964true
- 21969false
- 31971false
- 41973false
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Answer : 1. "1964"
Q: Which of the following is considered a capital expense?
1799 064c3960f29beb3482a3bcc49
64c3960f29beb3482a3bcc49- 1Pensionfalse
- 2Payment of salariesfalse
- 3Subsidiesfalse
- 4Construction of school buildingstrue
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Answer : 4. "Construction of school buildings"
Explanation :
1. Capital expenditure is money spent by the government on the development of machinery, equipment, buildings, health facilities, education etc.
2. It also includes expenditure by the government on the acquisition of fixed assets like land and investments which give future profits or dividends.
3. Creation of assets as well as repayment of loans is also capital expenditure, as it reduces liability.
Q: The apex organization of industrial finance in India is?
1797 060d315e464466567bd7559cc
60d315e464466567bd7559cc- 1I.C.I.C.Ifalse
- 2R.B.Ifalse
- 3I.F.C.Ifalse
- 4I.D.B.Itrue
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