Indian Economy Practice Question and Answer

Q:

What are the different grounds for explaining economic development?

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  • 1
    Gross National Product
    Correct
    Wrong
  • 2
    per capita income
    Correct
    Wrong
  • 3
    Basis of economic welfare
    Correct
    Wrong
  • 4
    All of these
    Correct
    Wrong
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Answer : 4. "All of these"

Q:

India's first - ever national police museum will establish in which city?

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  • 1
    Nagpur
    Correct
    Wrong
  • 2
    Kolkata
    Correct
    Wrong
  • 3
    Chennai
    Correct
    Wrong
  • 4
    Delhi
    Correct
    Wrong
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Answer : 4. "Delhi "

Q:

In a economy “Development Stage” means-

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  • 1
    Starting of steadily increasing economy
    Correct
    Wrong
  • 2
    Bad economy
    Correct
    Wrong
  • 3
    Economy is on the verge of destroying
    Correct
    Wrong
  • 4
    All tariff to be removed.
    Correct
    Wrong
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Answer : 1. "Starting of steadily increasing economy"
Explanation :

Explain: -In economy “development stage” means starting of steadily increasing economy

Q:

_____ is the primary sector of the Indian economy.

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  • 1
    Banking
    Correct
    Wrong
  • 2
    Information and Technology
    Correct
    Wrong
  • 3
    Agriculture
    Correct
    Wrong
  • 4
    Judiciary
    Correct
    Wrong
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Answer : 3. "Agriculture"

Q:

What is the rank of India in coffee production in the world?

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  • 1
    4th
    Correct
    Wrong
  • 2
    5th
    Correct
    Wrong
  • 3
    6th
    Correct
    Wrong
  • 4
    7th
    Correct
    Wrong
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Answer : 3. "6th"

Q:

Who is the body regulating stock exchanges in India?

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  • 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:

Who is known as the father of Blue Revolution in India?

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  • 1
    Verghese Kurien
    Correct
    Wrong
  • 2
    Sam Pitroda
    Correct
    Wrong
  • 3
    Hiralal Chaudhuri
    Correct
    Wrong
  • 4
    M.S. Swaminathan
    Correct
    Wrong
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Answer : 3. "Hiralal Chaudhuri"
Explanation :

Hiralal Chaudhuri and Dr. Arun Krishnsnan are known as Father of Blue revolution. The Blue Revolution in India was launched during the 7th Five Year Plan (1985-1990) during the sponsorship of the Fish Farmers Development Agency (FFDA) by the Central Government of India.

Q:

In which year was the first Regional Rural Bank established?

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  • 1
    1947
    Correct
    Wrong
  • 2
    1975
    Correct
    Wrong
  • 3
    1950
    Correct
    Wrong
  • 4
    1995
    Correct
    Wrong
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Answer : 2. "1975"

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