Indian Economy Practice Question and Answer

Q:

Issues currency notes in India?

1271 0

  • 1
    Urban Co-operative Bank
    Correct
    Wrong
  • 2
    Reserve Bank of India
    Correct
    Wrong
  • 3
    Ministry of Finance
    Correct
    Wrong
  • 4
    Finance Secretary
    Correct
    Wrong
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Answer : 2. "Reserve Bank of India"

Q:

When was the Human Rights Commission established?

1256 0

  • 1
    1993
    Correct
    Wrong
  • 2
    1994
    Correct
    Wrong
  • 3
    1995
    Correct
    Wrong
  • 4
    2005
    Correct
    Wrong
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Answer : 1. "1993"

Q:

To which of the following sectors of the economy do Basel III norms belong?

1253 0

  • 1
    Banking
    Correct
    Wrong
  • 2
    Capital market
    Correct
    Wrong
  • 3
    Automobile
    Correct
    Wrong
  • 4
    Aviation
    Correct
    Wrong
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Answer : 1. "Banking"
Explanation :

1. The Basel norms are international banking rules to strengthen the international banking system.

2. It is in the form of an agreement by the Basel Committee on Banking Supervision which mainly focuses on the risks to banks and the financial system.

Q:

What is the percentage of the female population according to the 2011 census? 

1246 0

  • 1
    42.53 %
    Correct
    Wrong
  • 2
    40.53 %
    Correct
    Wrong
  • 3
    48.53 %
    Correct
    Wrong
  • 4
    45.53 %
    Correct
    Wrong
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Answer : 3. "48.53 % "

Q:

Which one of the following taxes is not a direct tax?

1244 0

  • 1
    Sales tax
    Correct
    Wrong
  • 2
    Estate duty
    Correct
    Wrong
  • 3
    Gift tax
    Correct
    Wrong
  • 4
    Wealth tax
    Correct
    Wrong
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Answer : 1. "Sales tax "

Q:

Which state has maximum production of large cardamom in India?

1242 0

  • 1
    Sikkim
    Correct
    Wrong
  • 2
    Meghalaya
    Correct
    Wrong
  • 3
    Assam
    Correct
    Wrong
  • 4
    Arunachal Pradesh
    Correct
    Wrong
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Answer : 1. "Sikkim"

Q:

In which industry sector has India had more success?

1239 0

  • 1
    Computer Hardware
    Correct
    Wrong
  • 2
    Computer Software
    Correct
    Wrong
  • 3
    both
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "Computer Software"

Q:

Which is the financial year from which disinvestment in public enterprises started?

1237 0

  • 1
    1970-1971
    Correct
    Wrong
  • 2
    1991-1992
    Correct
    Wrong
  • 3
    1994-1995
    Correct
    Wrong
  • 4
    none of these
    Correct
    Wrong
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Answer : 2. "1991-1992"

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