Indian Economy Practice Question and Answer
8 Q: Who is the body regulating stock exchanges in India?
1613 06088fd960ac1df7d9f7ff39b
6088fd960ac1df7d9f7ff39b- 1N.S.Efalse
- 2S.E.B.Itrue
- 3R.B.I.false
- 4None of thesefalse
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Answer : 2. "S.E.B.I"
Q: The difference between Revenue Receipts plus Non-debt Capital Receipts (NDCR) and total expenditure is called ______.
1613 064bfc92123047f4c71e1cb68
64bfc92123047f4c71e1cb68- 1Revenue Deficitfalse
- 2Fiscal Deficittrue
- 3Effective Revenue Deficitfalse
- 4Primary Deficitfalse
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Answer : 2. "Fiscal Deficit"
Explanation :
1. The difference between the sum of revenue receipts and Non-Debt Capital Receipts (NDCR) and total expenditure is called fiscal deficit.
2. Fiscal deficit is an important indicator of the financial position of the government.
3. It shows how much difference there is between the current income and expenditure of the government.
4. Fiscal deficit can be influenced by many factors, including.
- Economic situation: During an economic recession, the government often increases the fiscal deficit to provide stimulus to the economy.
- Political pressure: Governments often run up fiscal deficits to raise funds for social programs.
- Military spending: Governments often run fiscal deficits to increase military spending.
Q: Real national income denotes.
1611 05f435f2c97c6dd29b38e4c31
5f435f2c97c6dd29b38e4c31- 1Per capital incomefalse
- 2National income at constant pricestrue
- 3National income at current pricesfalse
- 4Net factor incomefalse
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Answer : 2. "National income at constant prices"
Q: The Views of eminent economist Robert Malthus on Population is–
1609 06336e6382ff7535af686daa3
6336e6382ff7535af686daa3- 1Pessimistictrue
- 2Optimisticfalse
- 3Both (a) and (b)false
- 4None of the abovefalse
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Answer : 1. "Pessimistic "
Explanation :
The Malthusian theory explained that the human population grows more rapidly than the food supply until famines, war or disease reduces the population. He believed that the human population has risen over the past three centuries.
Q: Business comes under?
1608 06113979cb7b4a6411ff6c9d6
6113979cb7b4a6411ff6c9d6- 1Trade and Industryfalse
- 2only tradefalse
- 3Commerce and Industryfalse
- 4trade, commerce and industrytrue
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Answer : 4. "trade, commerce and industry"
Q: __________ is not a loan category in MUDRA Scheme.
1605 061123f2f88e0566940a27f33
61123f2f88e0566940a27f33- 1Shishufalse
- 2Kishorefalse
- 3Yuvatrue
- 4Tarunfalse
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Answer : 3. "Yuva"
Q: What is the contribution of agriculture sector in GDP of India in 2017-18?
1603 06438fcd106979810acdfb6f7
6438fcd106979810acdfb6f7- 10.154false
- 20.192false
- 30.16false
- 40.171true
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Answer : 4. "0.171"
Q: Which Bank has launched its Multi Option Payment Acceptance Device (MOPAD) for digital payments?
1603 16182342535a48953d117847b
6182342535a48953d117847b- 1PNBfalse
- 2SBItrue
- 3HDFCfalse
- 4Yes Bankfalse
- 5ICICIfalse
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