Indian Economy Practice Question and Answer
8 Q: Which one of the following taxes is not a direct tax?
1452 06042035a5eea8b66535f2351
6042035a5eea8b66535f2351- 1Sales taxtrue
- 2Estate dutyfalse
- 3Gift taxfalse
- 4Wealth taxfalse
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Answer : 1. "Sales tax "
Q: In which country was the declaration of consumer rights?
1438 06037673e9792c13b28589f03
6037673e9792c13b28589f03- 1Chinafalse
- 2Japanfalse
- 3Englandfalse
- 4United Statestrue
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Answer : 4. "United States"
Q: The Indian census is generally held every ______.
1434 064391a9506979810acdff03c
64391a9506979810acdff03c- 1tenth yeartrue
- 2fourth yearfalse
- 3fifth yearfalse
- 4seventh yearfalse
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Answer : 1. "tenth year "
Q: “Micro” and “Macro” words was firstly used by–
1432 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: Government takes way and means loan?
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60d30de8025df84f0791b31c- 1IDBIfalse
- 2RBItrue
- 3SBIfalse
- 4ICICIfalse
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Answer : 2. "RBI"
Q: Following region contributes most to India's GDP?
1429 06052f5074999e13f2a6bcec2
6052f5074999e13f2a6bcec2- 1Primary Sectorfalse
- 2Tertiary sectortrue
- 3Secondary sectorfalse
- 4None of thesefalse
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Answer : 2. "Tertiary sector"
Q: What is considered to be knowledge, technical skill, education etc. in the economy?
1429 060d3141f64466567bd75545c
60d3141f64466567bd75545c- 1Tangible physical capitalfalse
- 2Working Capitalfalse
- 3Human Capitaltrue
- 4none of thesefalse
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Answer : 3. "Human Capital"
Q: Assume that the exchange rate between the US Dollar and the Indian Rupee is $1 = ₹55. Now if this exchange rate increases to $1 = ₹60, then in this situation the Indian Rupee has depreciated against the US Dollar.
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649aaa06dad6f2e01f6e1304- 1depreciatedtrue
- 2appreciatedfalse
- 3appreciatedfalse
- 4overvaluedfalse
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Answer : 1. "depreciated"
Explanation :
मान लीजिए कि अमेरिकी डॉलर और भारतीय रुपये के बीच विनिमय दर $1= ₹55 है। अब यदि यह विनिमय दर बढ़कर $1 = ₹60 हो जाती है, तो इस स्थिति में अमेरिकी डॉलर की तुलना में भारतीय रुपये का _______ हुआ है।