Indian Economy Practice Question and Answer
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Q: In which year liberal industrial policy was adopted in India?
1063 061139764e60c1d4cec26859c
61139764e60c1d4cec26859c- 11945false
- 21975false
- 31991true
- 41980false
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Answer : 3. "1991"
Q: When is Consumer Rights Day celebrated?
1061 0603766769d90e74af72bd11d
603766769d90e74af72bd11d- 117 Marchfalse
- 215 Marchtrue
- 319 Aprilfalse
- 422 Aprilfalse
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Answer : 2. "15 March"
Q: Which one of the following Indian banks is not a nationalized bank?
1061 060d3122e6cc0e73be00e31cf
60d3122e6cc0e73be00e31cf- 1Dena Bankfalse
- 2Federal Banktrue
- 3Corporation Bankfalse
- 4Vijay Bankfalse
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Answer : 2. "Federal Bank"
Q: 'Gresham's law' is related to which of the following?
1058 06052f593a37d522d6c1882f5
6052f593a37d522d6c1882f5- 1circulation of currencyfalse
- 2Supply and demandfalse
- 3deficit economyfalse
- 4circulation of currencytrue
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Answer : 4. "circulation of currency"
Q: ‘Functional Finance’ is associated with–
1054 060124089af82aa3010a65a68
60124089af82aa3010a65a68- 1Abba ‘P’ Lernertrue
- 2Adolph Wognerfalse
- 3Adam Smithfalse
- 4Adamsfalse
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Answer : 1. "Abba ‘P’ Lerner "
Q: A foreign currency which has a tendency to migrate soon is called?
1052 06088f57706b39f63ea8edd1a
6088f57706b39f63ea8edd1a- 1soft currencyfalse
- 2Savarna Mudrafalse
- 3Hot moneytrue
- 4Rare currencyfalse
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Answer : 3. "Hot money"
Q: Which one of the following items is in line with the definition of oligopoly?
1047 062c3f927a00ee61c312c26bf
62c3f927a00ee61c312c26bf- 1Cigarette Industrytrue
- 2Barber Shopfalse
- 3Gasoline Stationfalse
- 4Farmers who grow wheatfalse
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Answer : 1. "Cigarette Industry"
Q: What is the rank of India in the world in fish production?
1043 0611399dbe60c1d4cec268dd4
611399dbe60c1d4cec268dd4- 12ndfalse
- 23rdtrue
- 34thfalse
- 45thfalse
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Answer : 2. "3rd"
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