Indian Economy Practice Question and Answer

Q:

The Views of eminent economist Robert Malthus on Population is–

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  • 1
    Pessimistic
    Correct
    Wrong
  • 2
    Optimistic
    Correct
    Wrong
  • 3
    Both (a) and (b)
    Correct
    Wrong
  • 4
    None of the above
    Correct
    Wrong
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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:

Disguised unemployment is commonly seen in India.

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  • 1
    In the service sector
    Correct
    Wrong
  • 2
    In the agricultural sector
    Correct
    Wrong
  • 3
    Factory area
    Correct
    Wrong
  • 4
    All these
    Correct
    Wrong
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Answer : 2. "In the agricultural sector"

Q:

The national income is divided by the per capita income?

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  • 1
    Area of the country
    Correct
    Wrong
  • 2
    Total population of the country
    Correct
    Wrong
  • 3
    Quantity of capital used
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "Total population of the country"

Q:

The largest producer of cellphones in the world is the country?

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  • 1
    China
    Correct
    Wrong
  • 2
    America
    Correct
    Wrong
  • 3
    France
    Correct
    Wrong
  • 4
    India
    Correct
    Wrong
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Answer : 1. "China"

Q:

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

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  • 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"

Q:

Issues currency notes in India?

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  • 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:

National Insurance Awareness Day was observed on which day?

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  • 1
    26 June
    Correct
    Wrong
  • 2
    27 June
    Correct
    Wrong
  • 3
    28 June
    Correct
    Wrong
  • 4
    29 June
    Correct
    Wrong
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Answer : 3. "28 June"

Q:

Which of the following Economic survey was also famous as Pink Economic survey?

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  • 1
    Economic survey 2015-16
    Correct
    Wrong
  • 2
    Economic survey 2016-17
    Correct
    Wrong
  • 3
    Economic survey 2017-18
    Correct
    Wrong
  • 4
    Economic survey 2019-2020
    Correct
    Wrong
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Answer : 3. "Economic survey 2017-18"

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