Indian Economy Practice Question and Answer
8 4 Q:
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61139dc5e60c1d4cec2699d7 4 Q:
6088fe8806b39f63ea8ee953 4 Q:
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61139764e60c1d4cec26859c 4 Q:
60d3122e6cc0e73be00e31cf 4 Q:
6336e53793021d4ee41b0a34 Answer : 1. "Labour Surplus Economy"
4 Q:
6023ed55e4d6c265698f905a
Q: The first oil refinery in India was established
1437 05f9fba0f33d1d86b9ab0fd44
5f9fba0f33d1d86b9ab0fd44- 1Baraunifalse
- 2Visakhapatnamfalse
- 3Digboitrue
- 4Mumbaifalse
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Answer : 3. "Digboi"
Q: Out of the gross area of crops in India, the area of food grains is?
1435 061139dc5e60c1d4cec2699d7
61139dc5e60c1d4cec2699d7- 160-65%false
- 2more than 70%true
- 3more than 50%false
- 458%false
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Answer : 2. "more than 70%"
Q: NIFTY is a price index of which of the following stock market?
1433 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 which account will the expenditure on the installation of new machinery be disbursed?
1432 05fb7b371e7381019a0b886e8
5fb7b371e7381019a0b886e8- 1Cash accountfalse
- 2Machinery Accounttrue
- 3Profit or lossfalse
- 4Installation expense accountfalse
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Answer : 2. "Machinery Account"
Q: In which year liberal industrial policy was adopted in India?
1431 061139764e60c1d4cec26859c
61139764e60c1d4cec26859c- 11945false
- 21975false
- 31991true
- 41980false
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Answer : 3. "1991"
Q: Which one of the following Indian banks is not a nationalized bank?
1431 060d3122e6cc0e73be00e31cf
60d3122e6cc0e73be00e31cf- 1Dena Bankfalse
- 2Federal Banktrue
- 3Corporation Bankfalse
- 4Vijay Bankfalse
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Answer : 2. "Federal Bank"
Q: Labour Intensive Technique would get chosen in a–
1430 06336e53793021d4ee41b0a34
6336e53793021d4ee41b0a34- 1Labour Surplus Economytrue
- 2Capital Surplus Economyfalse
- 3Developed Economyfalse
- 4Developing Economyfalse
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Answer : 1. "Labour Surplus Economy"
Explanation :
Expl:- Labour Intensive Technique will be chosen in Labour Surplus Economy because in such economy labour cost is low.
Q: Inflation in India is measured on which of the following indexes / indicators?
1427 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)"
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