Indian Economy Practice Question and Answer
8 Q: When is Consumer Rights Day celebrated?
1303 0603766769d90e74af72bd11d
603766769d90e74af72bd11d- 117 Marchfalse
- 215 Marchtrue
- 319 Aprilfalse
- 422 Aprilfalse
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Answer : 2. "15 March"
Q: The largest producer of cellphones in the world is the country?
1293 06142dfd371a4af142b0e5f00
6142dfd371a4af142b0e5f00- 1Chinatrue
- 2Americafalse
- 3Francefalse
- 4Indiafalse
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Answer : 1. "China"
Q: The best Example of capital intensive industry in India is-
1292 0632c4aff1656651c9ea35b9e
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: 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–
1287 0601250b62a5c813e15774c12
601250b62a5c813e15774c12- 1PLRfalse
- 2Fixed Assetfalse
- 3SLRfalse
- 4CRRtrue
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Answer : 4. "CRR "
Q: The national income is divided by the per capita income?
1287 06052f4b1a37d522d6c188242
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–
1285 06336e27130141c336c3a222e
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: “Micro” and “Macro” words was firstly used by–
1285 06336e02993021d4ee41ad5b8
6336e02993021d4ee41ad5b8- 1Ragnar Frischtrue
- 2I. Fischerfalse
- 3James Tobinfalse
- 4Garlefalse
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Answer : 1. "Ragnar Frisch "
Explanation :
Explain: -In 1933, Ragnar Frisch firstly used the words “Micro” and “Macro”
Q: In which country was the consumer awareness movement started?
1284 0603766bf24cd273bc4f51115
603766bf24cd273bc4f51115- 1Chinafalse
- 2Japanfalse
- 3Englandtrue
- 4United Statesfalse
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