Indian Economy Practice Question and Answer
8 4 Q:
60124089af82aa3010a65a68 4 Q:
61139764e60c1d4cec26859c 4 Q:
603766769d90e74af72bd11d 4 Q:
6266ce1de1e2a840c334873f Answer : 2. "Reserve Bank of India "
4 Q:
62b2cfa7fbadac125c6b23aa 4 Q:
62c3f927a00ee61c312c26bf 4 Q:
6052f593a37d522d6c1882f5 4 Q:
6336e53793021d4ee41b0a34 Answer : 1. "Labour Surplus Economy"
Q: ‘Functional Finance’ is associated with–
1113 060124089af82aa3010a65a68
60124089af82aa3010a65a68- 1Abba ‘P’ Lernertrue
- 2Adolph Wognerfalse
- 3Adam Smithfalse
- 4Adamsfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "Abba ‘P’ Lerner "
Q: In which year liberal industrial policy was adopted in India?
1113 061139764e60c1d4cec26859c
61139764e60c1d4cec26859c- 11945false
- 21975false
- 31991true
- 41980false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "1991"
Q: When is Consumer Rights Day celebrated?
1111 0603766769d90e74af72bd11d
603766769d90e74af72bd11d- 117 Marchfalse
- 215 Marchtrue
- 319 Aprilfalse
- 422 Aprilfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "15 March"
Q: Central bank of our country is
1110 06266ce1de1e2a840c334873f
6266ce1de1e2a840c334873f- 1State Bank of Indiafalse
- 2Reserve Bank of Indiatrue
- 3Central Bank of Indiafalse
- 4Bank of Barodafalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
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: GNP differs from NNP due to
1107 062b2cfa7fbadac125c6b23aa
62b2cfa7fbadac125c6b23aa- 1Interest on public debtfalse
- 2depreciationtrue
- 3net indirect taxesfalse
- 4direct taxesfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "depreciation "
Q: Which one of the following items is in line with the definition of oligopoly?
1106 062c3f927a00ee61c312c26bf
62c3f927a00ee61c312c26bf- 1Cigarette Industrytrue
- 2Barber Shopfalse
- 3Gasoline Stationfalse
- 4Farmers who grow wheatfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "Cigarette Industry"
Q: 'Gresham's law' is related to which of the following?
1105 06052f593a37d522d6c1882f5
6052f593a37d522d6c1882f5- 1circulation of currencyfalse
- 2Supply and demandfalse
- 3deficit economyfalse
- 4circulation of currencytrue
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "circulation of currency"
Q: Labour Intensive Technique would get chosen in a–
1104 06336e53793021d4ee41b0a34
6336e53793021d4ee41b0a34- 1Labour Surplus Economytrue
- 2Capital Surplus Economyfalse
- 3Developed Economyfalse
- 4Developing Economyfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
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.
en35531popular