Indian Economy Practice Question and Answer
8 Q: Which one of the following is not a clause of the World Trade Organisation?
1650 160125f788f4dda4a277cf829
60125f788f4dda4a277cf829- 1Lowering trade barriers with negotiationsfalse
- 2Most favoured nation treatmentfalse
- 3Providing financial support to the countries having deficit balance of paymentstrue
- 4Discouraging unfair trade practices such as anti-dumping and export subsidiesfalse
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Answer : 3. "Providing financial support to the countries having deficit balance of payments"
Explanation :
Providing financial support to the countries having deficit balance of payments.
Q: Who introduced this definition of Mudra itself which creates Mudra?
1643 06052f54a4999e13f2a6bcf1b
6052f54a4999e13f2a6bcf1b- 1Marshalfalse
- 2Hansonfalse
- 3Crowtherfalse
- 4Crowmertrue
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Answer : 4. "Crowmer"
Q: Which of the following will cause property prices to fall?
1642 05efbf6a10a52267797b6afba
5efbf6a10a52267797b6afba- 1More liquidity in the economyfalse
- 2Reduction in reverse repo rate by RBIfalse
- 3Increase in reverse repo rate by RBIfalse
- 4Demand and Supplytrue
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Answer : 4. "Demand and Supply"
Explanation :
Demand and Supply: For any given area, demand in the real estate will always be inversely proportional to supply. If there is a decrease in supply, prices will obviously go up for the existing projects. With an overall increase in the number of unsold housing projects, prices will go down for each one of them.
Q: When was the Planning Commission formed in India?
1639 05f7d53ea3c7d8710e014920c
5f7d53ea3c7d8710e014920c- 115 March 1950true
- 215 September 1950false
- 315 October 1951false
- 4None of thesefalse
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Answer : 1. "15 March 1950"
Q: The apex organization of industrial finance in India is?
1637 060d315e464466567bd7559cc
60d315e464466567bd7559cc- 1I.C.I.C.Ifalse
- 2R.B.Ifalse
- 3I.F.C.Ifalse
- 4I.D.B.Itrue
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Answer : 4. "I.D.B.I"
Q: In which year was the Indian Unit Test established?
1634 06088fd109f98193d2deb2c59
6088fd109f98193d2deb2c59- 11964true
- 21969false
- 31971false
- 41973false
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Answer : 1. "1964"
Q: Rainbow revolution is related to?
1629 06142dea456320f13fbcbbfe6
6142dea456320f13fbcbbfe6- 1Blue Revolutionfalse
- 2Green Revolutionfalse
- 3White Revolutionfalse
- 4all of thesetrue
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Answer : 4. "all of these"
Q: What is the Hindu growth rate related to?
1617 06052f333a37d522d6c187861
6052f333a37d522d6c187861- 1Populationfalse
- 2Literacyfalse
- 3per capita incomefalse
- 4National incometrue
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