Indian Economy Practice Question and Answer
8 Q: The best Example of capital intensive industry in India is-
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632c4aff1656651c9ea35b9e- 1Textile industryfalse
- 2Steel industrytrue
- 3Tourism industryfalse
- 4Spare goods industry.false
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Answer : 2. "Steel industry "
Explanation :
Explain: -Intensive industry are those industries which need large amount of capital for investment.
Q: The national income is divided by the per capita income?
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6052f4b1a37d522d6c188242- 1Area of the countryfalse
- 2Total population of the countrytrue
- 3Quantity of capital usedfalse
- 4None of thesefalse
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Answer : 2. "Total population of the country"
Q: The Social Accounting system in India is classified into–
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6336e27130141c336c3a222e- 1Assets, Liabilities and Debt Positionfalse
- 2Public sector, Private Sector and Joint Sectorfalse
- 3Income, Product and Expendituretrue
- 4Enterprise, Households and Governmentfalse
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Answer : 3. "Income, Product and Expenditure"
Explanation :
Explain: -The Social Accounting system in India is classified into income, Product and Expenditure Social accounting (also known as social accounting and auditing, social accountability, social and environmental accounting, corporate social reporting, corporate social responsibility reporting, non-financial reporting or accounting) is the process of communicating the social and environmental effects of organizations.
Q: In which country was the consumer awareness movement started?
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603766bf24cd273bc4f51115- 1Chinafalse
- 2Japanfalse
- 3Englandtrue
- 4United Statesfalse
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Answer : 3. "England"
Q: Issues currency notes in India?
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6088f9a80ac1df7d9f7ff07b- 1Urban Co-operative Bankfalse
- 2Reserve Bank of Indiatrue
- 3Ministry of Financefalse
- 4Finance Secretaryfalse
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Answer : 2. "Reserve Bank of India"
Q: In an economy, on what basis are sectors classified into public and private?
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6052f1d9a01bc44789ad1d80- 1Terms of employmentfalse
- 2Ownership of enterprisestrue
- 3Use of raw materialsfalse
- 4None of thesefalse
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Answer : 2. "Ownership of enterprises"
Q: Banks and other financial institutions in India are required to maintain a certain amount of liquid assets like cash, precious metals and other short term securities as a reserve all the time. In Banking World this is known as–
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601250b62a5c813e15774c12- 1PLRfalse
- 2Fixed Assetfalse
- 3SLRfalse
- 4CRRtrue
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Answer : 4. "CRR "
Q: Disguised unemployment is commonly seen in India.
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6052f0f84999e13f2a6bb0b1- 1In the service sectorfalse
- 2In the agricultural sectortrue
- 3Factory areafalse
- 4All thesefalse
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