Indian Economy Practice Question and Answer
8 4 Q:
5fc219a696415e6951aefce8 4 Q:
5d944a1eeef89a492b2e290d 4 Q:
5d9430d815db5f22bbeb434a 4 Q:
5fc217a096415e6951aee167 4 Answer : 1. "Counting the votes in an election to determine the next governor"
4 Q:
5fa1126833d1d86b9ab7247f 4 Q:
5d42afc429741f37c2549fe5 4 Q:
5f571f8d79cfd646ddd3946d
Q: What is the name of the currency of Bangladesh?
4275 05fc219a696415e6951aefce8
5fc219a696415e6951aefce8- 1Rupeefalse
- 2Dollarfalse
- 3Takatrue
- 4Dinarfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "Taka"
Q: When the price of a commodity falls, we can expect:
3897 05d944a1eeef89a492b2e290d
5d944a1eeef89a492b2e290d- 1The supply of it to increasefalse
- 2The demand for it to fallfalse
- 3The demand for it to stay constantfalse
- 4The demand for it to increasetrue
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "The demand for it to increase"
Q: This personality is known as the Father of Economics. Can you identify him from the given options?
3759 05d9430d815db5f22bbeb434a
5d9430d815db5f22bbeb434a- 1J.M. Keynesfalse
- 2Adam Smithtrue
- 3Abraham Maslowfalse
- 4J.K. Galbraithfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "Adam Smith"
Q: Which currency is legally recognized in our country?
3723 05fc217a096415e6951aee167
5fc217a096415e6951aee167- 1Good moneyfalse
- 2Credit-currencyfalse
- 3letter moneytrue
- 4Checkfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "letter money"
Q: Which of the following activities are examples of data gathering? 3676 05b5cc601e4d2b4197774b458
5b5cc601e4d2b4197774b458- 1Counting the votes in an election to determine the next governortrue
- 2Making a pie chart showing the kinds of television sets owned by people in a sample of 1,000false
- 3Finding the mean weight of cancer patients in a studyfalse
- 4Using the results of a mathematical model to predict the next day's weatherfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "Counting the votes in an election to determine the next governor"
Explanation :
Answer: A) Counting the votes in an election to determine the next governor Explanation: Option A) "Counting the votes in an election to determine the next governor" is the only one where data gathering is done. In all other options, data is already collected and now analyzing of data is going on.
Q: Indian economy has a 'loose period'
3512 05fa1126833d1d86b9ab7247f
5fa1126833d1d86b9ab7247f- 1March – Aprilfalse
- 2September – Decemberfalse
- 3January – Junetrue
- 4February – Aprilfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "January – June"
Q: Subsidies mean that is
3428 05d42afc429741f37c2549fe5
5d42afc429741f37c2549fe5- 1payment by government for purchase of goods and servicesfalse
- 2payment made by business enterprises to factors of productionfalse
- 3payment made by companies to shareholdersfalse
- 4payment made by the government to business enterprises, without buying any goods and servicestrue
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "payment made by the government to business enterprises, without buying any goods and services"
Q: Process making of bricks by using soil comes under which sector of economic activity?
3091 05f571f8d79cfd646ddd3946d
5f571f8d79cfd646ddd3946d- 1Tertiary sectorfalse
- 2Primary sectorfalse
- 3Secondary sectortrue
- 4None of thesefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "Secondary sector"
en3552popular