Indian Economy Practice Question and Answer

Q:

The Bombay Stock Exchange established was?


1426 0

  • 1
    1890
    Correct
    Wrong
  • 2
    1865
    Correct
    Wrong
  • 3
    1875
    Correct
    Wrong
  • 4
    1881
    Correct
    Wrong
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Answer : 3. "1875 "

Q:

Which state of India has the highest percentage of poor?

1424 0

  • 1
    Orissa
    Correct
    Wrong
  • 2
    Vihar
    Correct
    Wrong
  • 3
    Jharkhand
    Correct
    Wrong
  • 4
    Chhattisgarh
    Correct
    Wrong
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Answer : 3. "Jharkhand"

Q:

GNP differs from NNP due to 

1417 0

  • 1
    Interest on public debt
    Correct
    Wrong
  • 2
    depreciation
    Correct
    Wrong
  • 3
    net indirect taxes
    Correct
    Wrong
  • 4
    direct taxes
    Correct
    Wrong
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Answer : 2. "depreciation "

Q:

The Views of eminent economist Robert Malthus on Population is–

1415 0

  • 1
    Pessimistic
    Correct
    Wrong
  • 2
    Optimistic
    Correct
    Wrong
  • 3
    Both (a) and (b)
    Correct
    Wrong
  • 4
    None of the above
    Correct
    Wrong
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Answer : 1. "Pessimistic "
Explanation :

The Malthusian theory explained that the human population grows more rapidly than the food supply until famines, war or disease reduces the population. He believed that the human population has risen over the past three centuries.

Q:

India is ranked on the basis of GDP?

1413 0

  • 1
    5
    Correct
    Wrong
  • 2
    3
    Correct
    Wrong
  • 3
    7
    Correct
    Wrong
  • 4
    13
    Correct
    Wrong
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Answer : 3. "7"

Q:

Stagflation condition is?

1412 0

  • 1
    deadlock and recession
    Correct
    Wrong
  • 2
    stagnation and inflation
    Correct
    Wrong
  • 3
    deadlock and deflation
    Correct
    Wrong
  • 4
    none of these
    Correct
    Wrong
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Answer : 2. "stagnation and inflation"

Q:

India's position in the world in terms of bauxide resource is?

1408 0

  • 1
    3rd
    Correct
    Wrong
  • 2
    2nd
    Correct
    Wrong
  • 3
    4th
    Correct
    Wrong
  • 4
    5th
    Correct
    Wrong
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Answer : 4. "5th"

Q:

'Gresham's law' is related to which of the following?

1405 0

  • 1
    circulation of currency
    Correct
    Wrong
  • 2
    Supply and demand
    Correct
    Wrong
  • 3
    deficit economy
    Correct
    Wrong
  • 4
    circulation of currency
    Correct
    Wrong
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Answer : 4. "circulation of currency"

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