Indian Economy Practice Question and Answer

Q:

The first oil refinery in India was established

1276 0

  • 1
    Barauni
    Correct
    Wrong
  • 2
    Visakhapatnam
    Correct
    Wrong
  • 3
    Digboi
    Correct
    Wrong
  • 4
    Mumbai
    Correct
    Wrong
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Answer : 3. "Digboi"

Q:

Out of the gross area of crops in India, the area of food grains is?

1275 0

  • 1
    60-65%
    Correct
    Wrong
  • 2
    more than 70%
    Correct
    Wrong
  • 3
    more than 50%
    Correct
    Wrong
  • 4
    58%
    Correct
    Wrong
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Answer : 2. "more than 70%"

Q:

Who is the body regulating stock exchanges in India?

1274 0

  • 1
    N.S.E
    Correct
    Wrong
  • 2
    S.E.B.I
    Correct
    Wrong
  • 3
    R.B.I.
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "S.E.B.I"

Q:

What is the contribution of agriculture sector in GDP of India in 2017-18?

1272 0

  • 1
    0.154
    Correct
    Wrong
  • 2
    0.192
    Correct
    Wrong
  • 3
    0.16
    Correct
    Wrong
  • 4
    0.171
    Correct
    Wrong
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Answer : 4. "0.171"

Q:

The state which stands first in per capita income is

1270 0

  • 1
    Bihar
    Correct
    Wrong
  • 2
    Maharashtra
    Correct
    Wrong
  • 3
    Punjab
    Correct
    Wrong
  • 4
    Kerala
    Correct
    Wrong
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Answer : 2. "Maharashtra "

Q:

Which one of the following items is in line with the definition of oligopoly?

1269 0

  • 1
    Cigarette Industry
    Correct
    Wrong
  • 2
    Barber Shop
    Correct
    Wrong
  • 3
    Gasoline Station
    Correct
    Wrong
  • 4
    Farmers who grow wheat
    Correct
    Wrong
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Answer : 1. "Cigarette Industry"

Q:

Where is the National Academy of Agricultural Research Management located?

1264 1

  • 1
    Hyderabad
    Correct
    Wrong
  • 2
    Dehradun
    Correct
    Wrong
  • 3
    New Delhi
    Correct
    Wrong
  • 4
    none of these
    Correct
    Wrong
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Answer : 1. "Hyderabad"

Q:

Who is called the bank of banks in India?

1264 0

  • 1
    Reserve Bank of India
    Correct
    Wrong
  • 2
    Bank of India
    Correct
    Wrong
  • 3
    State Bank of India
    Correct
    Wrong
  • 4
    All these
    Correct
    Wrong
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Answer : 1. "Reserve Bank of India"

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