Indian Economy Practice Question and Answer
8 Q: The oldest large industry of India is?
1636 0611392e6e60c1d4cec2678eb
611392e6e60c1d4cec2678eb- 1Cotton textile industrytrue
- 2Jute Industryfalse
- 3Paper Industryfalse
- 4Handicraft Industryfalse
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Answer : 1. "Cotton textile industry"
Q: In which year was the first Regional Rural Bank established?
1635 060d3131764466567bd754f22
60d3131764466567bd754f22- 11947false
- 21975true
- 31950false
- 41995false
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Answer : 2. "1975"
Q: Which state has wet agriculture in India?
1635 060376b19cd43d04a8f4b739e
60376b19cd43d04a8f4b739e- 1Keralatrue
- 2Assamfalse
- 3Biharfalse
- 4Gujaratfalse
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Answer : 1. "Kerala"
Q: Which of the following country is not included in the category of top-5 gold holder countries of the world?
1635 061b765e38fe2311103b0980e
61b765e38fe2311103b0980e- 1Chinatrue
- 2Americafalse
- 3Germanyfalse
- 4Italyfalse
- 5None of thesefalse
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Answer : 1. "China"
Q: In a economy “Development Stage” means-
1633 0650aa44d7335765064543b6c
650aa44d7335765064543b6c- 1Starting of steadily increasing economytrue
- 2Bad economyfalse
- 3Economy is on the verge of destroyingfalse
- 4All tariff to be removed.false
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Answer : 1. "Starting of steadily increasing economy"
Explanation :
Explain: -In economy “development stage” means starting of steadily increasing economy
Q: The Micro, Small and Medium Enterprises Development Act was passed in the year ____.
1632 15fe2e3034c864b4aa0e43f83
5fe2e3034c864b4aa0e43f83- 12002false
- 22006true
- 32004false
- 42008false
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Answer : 2. "2006"
Explanation :
Notification for enforcement of MSME Act, 2006, The Provisions of the Micro, Small and Medium Enterprises Development Act, 2006 (27 of 2006) shall come into force from 2nd October, 2006.
Q: Which curve shows the inverse relationship between unemployment and inflation rates?
1627 05f572460c1a5d57a18308e06
5f572460c1a5d57a18308e06- 1Phillips curvetrue
- 2Indifference curvefalse
- 3IS curvefalse
- 4Supply curvefalse
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Answer : 1. "Phillips curve "
Q: In which year the new currency Euro was introduced?
1627 060d312c764466567bd754d67
60d312c764466567bd754d67- 11997false
- 21998false
- 31999true
- 42001false
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