Indian Economy Practice Question and Answer
8 Q: In which industry sector has India had more success?
1075 0603764a8cd43d04a8f4b676e
603764a8cd43d04a8f4b676e- 1Computer Hardwarefalse
- 2Computer Softwaretrue
- 3bothfalse
- 4None of thesefalse
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Answer : 2. "Computer Software"
Q: Out of the gross area of crops in India, the area of food grains is?
1075 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: What is the contribution of agriculture sector in GDP of India in 2017-18?
1074 06438fcd106979810acdfb6f7
6438fcd106979810acdfb6f7- 10.154false
- 20.192false
- 30.16false
- 40.171true
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Answer : 4. "0.171"
Q: Who is called the bank of banks in India?
1073 06088f96606b39f63ea8ee09d
6088f96606b39f63ea8ee09d- 1Reserve Bank of Indiatrue
- 2Bank of Indiafalse
- 3State Bank of Indiafalse
- 4All thesefalse
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Answer : 1. "Reserve Bank of India"
Q: In which year the new currency Euro was introduced?
1072 060d312c764466567bd754d67
60d312c764466567bd754d67- 11997false
- 21998false
- 31999true
- 42001false
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Answer : 3. "1999"
Q: What is the rank of India in the world in the production of wind energy?
1069 060f538c616158a5eed9fc720
60f538c616158a5eed9fc720- 12ndfalse
- 25thtrue
- 34thfalse
- 43rdfalse
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Answer : 2. "5th"
Q: Central bank of our country is
1066 06266ce1de1e2a840c334873f
6266ce1de1e2a840c334873f- 1State Bank of Indiafalse
- 2Reserve Bank of Indiatrue
- 3Central Bank of Indiafalse
- 4Bank of Barodafalse
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Answer : 2. "Reserve Bank of India "
Explanation :
1. The central bank of our country is the Reserve Bank of India.
2. It is the supreme bank of India and determines the monetary policy of the country.
3. RBI was established on April 1, 1935 under the Reserve Bank of India Act, 1934.
Q: Labour Intensive Technique would get chosen in a–
1064 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.