Indian Economy Practice Question and Answer
8 Q: __________ is not a loan category in MUDRA Scheme.
1429 061123f2f88e0566940a27f33
61123f2f88e0566940a27f33- 1Shishufalse
- 2Kishorefalse
- 3Yuvatrue
- 4Tarunfalse
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Answer : 3. "Yuva"
Q: Who is the President of National Development Council?
1428 05f7d52a71e5cb657ce31ee53
5f7d52a71e5cb657ce31ee53- 1Prime Ministertrue
- 2Presidentfalse
- 3Governorfalse
- 4Vice Presidentfalse
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Answer : 1. "Prime Minister"
Q: Which of these is an Indian multinational company?
1426 06037659fcd43d04a8f4b6905
6037659fcd43d04a8f4b6905- 1Nokiafalse
- 2Daburtrue
- 3Samsungfalse
- 4None of thesefalse
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Answer : 2. "Dabur"
Q: Which of the following is not investment expenditure in good and servies?
1424 05f02a55d7a5a806340b11306
5f02a55d7a5a806340b11306- 1Purchase of a housetrue
- 2Purchase of a machineryfalse
- 3Expansion of the main plant of a companyfalse
- 4An increases in business inventoriesfalse
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Answer : 1. "Purchase of a house"
Q: The largest producer of wheat in India is the state?
1423 06142df3eca41d4144a0e1211
6142df3eca41d4144a0e1211- 1Madhya Pradeshfalse
- 2Haryanafalse
- 3Andhra Pradeshfalse
- 4Uttar Pradeshtrue
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Answer : 4. "Uttar Pradesh"
Q: Who among the following promotes social justice?
1423 06336e7f12ff7535af686e294
6336e7f12ff7535af686e294- 1Herald Laskifalse
- 2John Keynesfalse
- 3John Rowlestrue
- 4All of the abovefalse
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Answer : 3. "John Rowles "
Q: The difference between Revenue Receipts plus Non-debt Capital Receipts (NDCR) and total expenditure is called ______.
1421 064bfc92123047f4c71e1cb68
64bfc92123047f4c71e1cb68- 1Revenue Deficitfalse
- 2Fiscal Deficittrue
- 3Effective Revenue Deficitfalse
- 4Primary Deficitfalse
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Answer : 2. "Fiscal Deficit"
Explanation :
1. The difference between the sum of revenue receipts and Non-Debt Capital Receipts (NDCR) and total expenditure is called fiscal deficit.
2. Fiscal deficit is an important indicator of the financial position of the government.
3. It shows how much difference there is between the current income and expenditure of the government.
4. Fiscal deficit can be influenced by many factors, including.
- Economic situation: During an economic recession, the government often increases the fiscal deficit to provide stimulus to the economy.
- Political pressure: Governments often run up fiscal deficits to raise funds for social programs.
- Military spending: Governments often run fiscal deficits to increase military spending.
Q: Which Bank has launched its Multi Option Payment Acceptance Device (MOPAD) for digital payments?
1421 16182342535a48953d117847b
6182342535a48953d117847b- 1PNBfalse
- 2SBItrue
- 3HDFCfalse
- 4Yes Bankfalse
- 5ICICIfalse
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