Indian Economy Practice Question and Answer
8 Q: A discount given for the purpose of increasing sales is called-
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5fb7b2d0e7381019a0b88695- 1Commercial leavetrue
- 2Cash discountfalse
- 3Discount receivedfalse
- 4None of thesefalse
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Answer : 1. "Commercial leave"
Q: Who is known as the father of Blue Revolution in India?
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64390a612b960e1a41b0c8f8- 1Verghese Kurienfalse
- 2Sam Pitrodafalse
- 3Hiralal Chaudhuritrue
- 4M.S. Swaminathanfalse
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Answer : 3. "Hiralal Chaudhuri"
Explanation :
Hiralal Chaudhuri and Dr. Arun Krishnsnan are known as Father of Blue revolution. The Blue Revolution in India was launched during the 7th Five Year Plan (1985-1990) during the sponsorship of the Fish Farmers Development Agency (FFDA) by the Central Government of India.
Q: Which two states of India are the leading producers of mineral oil?
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6037699f9d90e74af72bd5bc- 1Rajasthan and Gujaratfalse
- 2Maharashtra and Goafalse
- 3Orissa and Biharfalse
- 4Assam and Gujarattrue
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Answer : 4. "Assam and Gujarat"
Q: A ____________ occurs when a government's total expenditures exceed the revenue that it generates, excluding money from borrowings.
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5f4cb7765e74bc4ee54ea1cb- 1Current Account Deficitfalse
- 2Budgetary Deficitfalse
- 3Revenue Deficitfalse
- 4Fiscal Deficittrue
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Answer : 4. "Fiscal Deficit"
Q: What is the rank of India in the production of sugar in the world?
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61139371e60c1d4cec267b48- 12ndtrue
- 23rdfalse
- 34thfalse
- 45thfalse
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Answer : 1. "2nd "
Q: India's first - ever national police museum will establish in which city?
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614487db7e5f4f439c3fc5f2- 1Nagpurfalse
- 2Kolkatafalse
- 3Chennaifalse
- 4Delhitrue
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Answer : 4. "Delhi "
Q: What is the rank of India in the world in fish production?
1615 0611399dbe60c1d4cec268dd4
611399dbe60c1d4cec268dd4- 12ndfalse
- 23rdtrue
- 34thfalse
- 45thfalse
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Answer : 2. "3rd"
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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