Indian Economy Practice Question and Answer

Q:

In which country did the Industrial Revolution first take place?

1214 0

  • 1
    England
    Correct
    Wrong
  • 2
    France
    Correct
    Wrong
  • 3
    Germany
    Correct
    Wrong
  • 4
    India
    Correct
    Wrong
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Answer : 1. "England"

Q:

Which economist prepared the first human development index?

1213 0

  • 1
    Prof. Amartya Sen
    Correct
    Wrong
  • 2
    Mehboob-ul-Haq
    Correct
    Wrong
  • 3
    Dr. Manmohan Singh
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "Mehboob-ul-Haq"

Q:

Who is the President of National Development Council?

1213 0

  • 1
    Prime Minister
    Correct
    Wrong
  • 2
    President
    Correct
    Wrong
  • 3
    Governor
    Correct
    Wrong
  • 4
    Vice President
    Correct
    Wrong
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Answer : 1. "Prime Minister"

Q:

Which method is used in calculating national income in India?

1213 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 of the following is not investment  expenditure in good and servies?

1213 0

  • 1
    Purchase of a house
    Correct
    Wrong
  • 2
    Purchase of a machinery
    Correct
    Wrong
  • 3
    Expansion of the main plant of a company
    Correct
    Wrong
  • 4
    An increases in business inventories
    Correct
    Wrong
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Answer : 1. "Purchase of a house"

Q:

Which of the following ministry has Launched Mobile Application “ Jan Dhan Darshak” as A Part of Financial Inclusion?

1212 0

  • 1
    Finance Ministry
    Correct
    Wrong
  • 2
    Ministry of Consumer Affairs, Food and Public Distribution
    Correct
    Wrong
  • 3
    Ministry of Human Resource Development
    Correct
    Wrong
  • 4
    Ministry of Parliamentary Affairs
    Correct
    Wrong
  • 5
    Ministry of Commerce and Industry
    Correct
    Wrong
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Answer : 1. "Finance Ministry"
Explanation :

Department of Financial Services (DFS), Ministry of Finance and National Informatics Centre (NIC) has jointly developed a mobile app called Jan Dhan Darshak as a part of financial inclusion (FI) initiative .

Q:

Which of the following country is not included in the category of top-5 gold holder countries of the world?

1208 0

  • 1
    China
    Correct
    Wrong
  • 2
    America
    Correct
    Wrong
  • 3
    Germany
    Correct
    Wrong
  • 4
    Italy
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "China"

Q:

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

1207 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"

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