Indian Economy Practice Question and Answer

Q:

When was the Industrial and Financial Exchange Board established?

1135 0

  • 1
    1945
    Correct
    Wrong
  • 2
    1955
    Correct
    Wrong
  • 3
    1992
    Correct
    Wrong
  • 4
    1995
    Correct
    Wrong
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Answer : 3. "1992"

Q:

NIFTY is a price index of which of the following stock market?

1133 0

  • 1
    C.S.E
    Correct
    Wrong
  • 2
    N.S.E
    Correct
    Wrong
  • 3
    D.S.E
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "N.S.E"

Q:

India's position in the world in terms of bauxide resource is?

1132 0

  • 1
    3rd
    Correct
    Wrong
  • 2
    2nd
    Correct
    Wrong
  • 3
    4th
    Correct
    Wrong
  • 4
    5th
    Correct
    Wrong
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Answer : 4. "5th"

Q:

Stagflation condition is?

1131 0

  • 1
    deadlock and recession
    Correct
    Wrong
  • 2
    stagnation and inflation
    Correct
    Wrong
  • 3
    deadlock and deflation
    Correct
    Wrong
  • 4
    none of these
    Correct
    Wrong
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Answer : 2. "stagnation and inflation"

Q:

In India, which of the following statements about the National Investment Fund is true?
 Statements:
 I. It was created in 2005.
 II. 75% of its annual income was to be used for schemes promoting health, education and employment.
 III. It was dissolved in 2018.

1131 0

  • 1
    Only statement I
    Correct
    Wrong
  • 2
    Only statement II
    Correct
    Wrong
  • 3
    Only statements I and III
    Correct
    Wrong
  • 4
    Only statements I and II
    Correct
    Wrong
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Answer : 4. "Only statements I and II"
Explanation :

All the statements about the National Investment Fund in India are true.

I. It was created in 2005.

II. 75% of its annual income was to be used for schemes promoting health, education and employment.

Q:

Which district of Bihar has the highest per capita income?

1127 0

  • 1
    Nalanda
    Correct
    Wrong
  • 2
    Patna
    Correct
    Wrong
  • 3
    Shivahar
    Correct
    Wrong
  • 4
    Gaya
    Correct
    Wrong
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Answer : 2. "Patna"

Q:

In which account will the expenditure on the installation of new machinery be disbursed?

1127 0

  • 1
    Cash account
    Correct
    Wrong
  • 2
    Machinery Account
    Correct
    Wrong
  • 3
    Profit or loss
    Correct
    Wrong
  • 4
    Installation expense account
    Correct
    Wrong
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Answer : 2. "Machinery Account"

Q:

When is National Consumer Day celebrated in India?

1124 0

  • 1
    24 December
    Correct
    Wrong
  • 2
    1 March
    Correct
    Wrong
  • 3
    10 April
    Correct
    Wrong
  • 4
    10 December
    Correct
    Wrong
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Answer : 1. "24 December"

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