Indian Economy Practice Question and Answer
8 4 Q:
603767ce24cd273bc4f512c8 4 Q:
611391dde60c1d4cec267649 4 Q:
6088fe8806b39f63ea8ee953 4 Q:
6023ed55e4d6c265698f905a 4 Q:
61139dc5e60c1d4cec2699d7 4 Q:
632c4aff1656651c9ea35b9e Answer : 2. "Steel industry "
4 Q:
6052f593a37d522d6c1882f5 4 Q:
5fb7b371e7381019a0b886e8
Q: Where is the headquarters of International Organization for Standardization (ISO)?
1566 0603767ce24cd273bc4f512c8
603767ce24cd273bc4f512c8- 1Dhakafalse
- 2Genevatrue
- 3New Yorkfalse
- 4Londonfalse
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Answer : 2. "Geneva"
Q: India's rank among coal producing countries is?
1566 0611391dde60c1d4cec267649
611391dde60c1d4cec267649- 12ndfalse
- 23rdtrue
- 34thfalse
- 45thfalse
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Answer : 2. "3rd"
Q: NIFTY is a price index of which of the following stock market?
1564 06088fe8806b39f63ea8ee953
6088fe8806b39f63ea8ee953- 1C.S.Efalse
- 2N.S.Etrue
- 3D.S.Efalse
- 4None of thesefalse
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Answer : 2. "N.S.E"
Q: Inflation in India is measured on which of the following indexes / indicators?
1561 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: Out of the gross area of crops in India, the area of food grains is?
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61139dc5e60c1d4cec2699d7- 160-65%false
- 2more than 70%true
- 3more than 50%false
- 458%false
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Answer : 2. "more than 70%"
Q: The best Example of capital intensive industry in India is-
1560 0632c4aff1656651c9ea35b9e
632c4aff1656651c9ea35b9e- 1Textile industryfalse
- 2Steel industrytrue
- 3Tourism industryfalse
- 4Spare goods industry.false
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Answer : 2. "Steel industry "
Explanation :
Explain: -Intensive industry are those industries which need large amount of capital for investment.
Q: 'Gresham's law' is related to which of the following?
1555 06052f593a37d522d6c1882f5
6052f593a37d522d6c1882f5- 1circulation of currencyfalse
- 2Supply and demandfalse
- 3deficit economyfalse
- 4circulation of currencytrue
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Answer : 4. "circulation of currency"
Q: In which account will the expenditure on the installation of new machinery be disbursed?
1553 05fb7b371e7381019a0b886e8
5fb7b371e7381019a0b886e8- 1Cash accountfalse
- 2Machinery Accounttrue
- 3Profit or lossfalse
- 4Installation expense accountfalse
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Answer : 2. "Machinery Account"
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