Indian Economy Practice Question and Answer
8 Q: Which of the following Economic survey was also famous as Pink Economic survey?
1061 061123f9688e0566940a28d1b
61123f9688e0566940a28d1b- 1Economic survey 2015-16false
- 2Economic survey 2016-17false
- 3Economic survey 2017-18true
- 4Economic survey 2019-2020false
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Answer : 3. "Economic survey 2017-18"
Q: Issues currency notes in India?
1057 06088f9a80ac1df7d9f7ff07b
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: The national income is divided by the per capita income?
1052 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: To which of the following sectors of the economy do Basel III norms belong?
1050 064c23891d3a6d4481eec4b7f
64c23891d3a6d4481eec4b7f- 1Bankingtrue
- 2Capital marketfalse
- 3Automobilefalse
- 4Aviationfalse
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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: The Views of eminent economist Robert Malthus on Population is–
1046 06336e6382ff7535af686daa3
6336e6382ff7535af686daa3- 1Pessimistictrue
- 2Optimisticfalse
- 3Both (a) and (b)false
- 4None of the abovefalse
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Answer : 1. "Pessimistic "
Explanation :
The Malthusian theory explained that the human population grows more rapidly than the food supply until famines, war or disease reduces the population. He believed that the human population has risen over the past three centuries.
Q: The largest producer of cellphones in the world is the country?
1041 06142dfd371a4af142b0e5f00
6142dfd371a4af142b0e5f00- 1Chinatrue
- 2Americafalse
- 3Francefalse
- 4Indiafalse
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Answer : 1. "China"
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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Answer : 2. "In the agricultural sector"
Q: The best Example of capital intensive industry in India is-
1036 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.