Indian Economy Practice Question and Answer

Q:

Which two states of India are the leading producers of mineral oil?

1535 0

  • 1
    Rajasthan and Gujarat
    Correct
    Wrong
  • 2
    Maharashtra and Goa
    Correct
    Wrong
  • 3
    Orissa and Bihar
    Correct
    Wrong
  • 4
    Assam and Gujarat
    Correct
    Wrong
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Answer : 4. "Assam and Gujarat"

Q:

Which method is used in calculating national income in India?

1535 0

  • 1
    Origin calculation method
    Correct
    Wrong
  • 2
    Income Law
    Correct
    Wrong
  • 3
    both of the above
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 3. "both of the above"

Q:

Which state has wet agriculture in India?

1533 0

  • 1
    Kerala
    Correct
    Wrong
  • 2
    Assam
    Correct
    Wrong
  • 3
    Bihar
    Correct
    Wrong
  • 4
    Gujarat
    Correct
    Wrong
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Answer : 1. "Kerala"

Q:

When was the Industrial Finance Corporation of India established?

1533 0

  • 1
    1945
    Correct
    Wrong
  • 2
    1948
    Correct
    Wrong
  • 3
    1953
    Correct
    Wrong
  • 4
    1990
    Correct
    Wrong
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Answer : 2. "1948"

Q:

Which of the following is called primary field?

1532 0

  • 1
    Agriculture sector
    Correct
    Wrong
  • 2
    service sector
    Correct
    Wrong
  • 3
    Industrial sector
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 1. "Agriculture sector"

Q:

Demand for labour is–

1530 1

  • 1
    Composite demand
    Correct
    Wrong
  • 2
    Competitive demand
    Correct
    Wrong
  • 3
    Derived demand
    Correct
    Wrong
  • 4
    Joint demand
    Correct
    Wrong
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Answer : 3. "Derived demand "

Q:

Real national income denotes.

1526 0

  • 1
    Per capital income
    Correct
    Wrong
  • 2
    National income at constant prices
    Correct
    Wrong
  • 3
    National income at current prices
    Correct
    Wrong
  • 4
    Net factor income
    Correct
    Wrong
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Answer : 2. "National income at constant prices"

Q:

Where is the national center of organic Fertilizer production?

1522 0

  • 1
    Hyderabad
    Correct
    Wrong
  • 2
    Ghaziabad
    Correct
    Wrong
  • 3
    Nellore
    Correct
    Wrong
  • 4
    Dehradun
    Correct
    Wrong
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Answer : 2. "Ghaziabad"

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