Indian Economy Practice Question and Answer
8 Q: Inflation in India is measured on which of the following indexes / indicators?
1249 06023ed55e4d6c265698f905a
6023ed55e4d6c265698f905a- 1Gross Domestic Product (GDP)false
- 2Wholesale Price Index (WPI)true
- 3Cost of Living Index (CLI)false
- 4Consumer Price Index (CPI)false
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Answer : 2. "Wholesale Price Index (WPI)"
Q: NIFTY is a price index of which of the following stock market?
1247 06088fe8806b39f63ea8ee953
6088fe8806b39f63ea8ee953- 1C.S.Efalse
- 2N.S.Etrue
- 3D.S.Efalse
- 4None of thesefalse
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Answer : 2. "N.S.E"
Q: In a economy “Development Stage” means-
1244 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: Which state of India has the highest percentage of poor?
1243 06052f13ea01bc44789ad1c50
6052f13ea01bc44789ad1c50- 1Orissafalse
- 2Viharfalse
- 3Jharkhandtrue
- 4Chhattisgarhfalse
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Answer : 3. "Jharkhand"
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.
1240 064c3886c9e9013486a7a03bc
64c3886c9e9013486a7a03bcStatements:
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.
- 1Only statement Ifalse
- 2Only statement IIfalse
- 3Only statements I and IIIfalse
- 4Only statements I and IItrue
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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: What is the rank of India in the world in terms of rice export?
1237 061139a5ae60c1d4cec268fb5
61139a5ae60c1d4cec268fb5- 12ndtrue
- 23rdfalse
- 34thfalse
- 45thfalse
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Answer : 1. "2nd"
Q: In which year fourteen major banks were nationalized in India?
1237 05f9fc2cea00b420b05d5079d
5f9fc2cea00b420b05d5079d- 11967false
- 21968false
- 31969true
- 41971false
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Answer : 3. "1969 "
Q: When was the Industrial and Financial Exchange Board established?
1236 060d3159e1cefce3a61b2644d
60d3159e1cefce3a61b2644d- 11945false
- 21955false
- 31992true
- 41995false
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