Indian Economy Practice Question and Answer
8 4 Q:
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60125f788f4dda4a277cf829 Answer : 3. "Providing financial support to the countries having deficit balance of payments"
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Q: What is the Hindu growth rate related to?
1376 06052f333a37d522d6c187861
6052f333a37d522d6c187861- 1Populationfalse
- 2Literacyfalse
- 3per capita incomefalse
- 4National incometrue
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Answer : 4. "National income"
Q: With whose cooperation was the Durgapur Steel Plant established?
1374 060d3170964466567bd755c5a
60d3170964466567bd755c5a- 1Germanyfalse
- 2Great Britaintrue
- 3Russiafalse
- 4Francefalse
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Answer : 2. "Great Britain"
Q: In which year was the Indian Unit Test established?
1371 06088fd109f98193d2deb2c59
6088fd109f98193d2deb2c59- 11964true
- 21969false
- 31971false
- 41973false
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Answer : 1. "1964"
Q: Diamonds are priced higher than water because–
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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 one of the following is not a clause of the World Trade Organisation?
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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: “if other things remain the same” means
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62c41e5f31b6d20155fd2b65- 1ignoring everythingfalse
- 2to include each componentfalse
- 3all other unchanging thingstrue
- 4every variablefalse
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Answer : 3. "all other unchanging things"
Q: UNDP prepares–
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6042042252454a7005b1d42d- 1Human Development Indextrue
- 2Standard of Living Indexfalse
- 3Index Number of Price Levelfalse
- 4Physical Quality Indexfalse
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Answer : 1. "Human Development Index"
Q: In which of the following banks, a person cannot open his account?
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6088f9ef06b39f63ea8ee107- 1Bank of Indiafalse
- 2Urban Co-operative Bankfalse
- 3Reserve Bank of Indiatrue
- 4All thesefalse
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Answer : 3. "Reserve Bank of India"
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