Indian Economy Practice Question and Answer

Q:

Small farmers are defined in the country as those farmers who have holding area-

1161 0

  • 1
    Less than one hectare
    Correct
    Wrong
  • 2
    One to two hectares
    Correct
    Wrong
  • 3
    two to three hectares
    Correct
    Wrong
  • 4
    three to four hectares
    Correct
    Wrong
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Answer : 2. "One to two hectares"

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"

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:

Benefit from inflation?

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  • 1
    debtor
    Correct
    Wrong
  • 2
    Lender
    Correct
    Wrong
  • 3
    Saver
    Correct
    Wrong
  • 4
    Pension Recipients
    Correct
    Wrong
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Answer : 1. "debtor"

Q:

Which state has maximum production of large cardamom in India?

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  • 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:

What is the name of the amount from which the business is started?

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  • 1
    Cash
    Correct
    Wrong
  • 2
    Capital
    Correct
    Wrong
  • 3
    Property
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "Capital"

Q:

Who assesses the national income numbers in India?

1138 0

  • 1
    Planning Commission Ministry of Finance
    Correct
    Wrong
  • 2
    Central Statistical Organization
    Correct
    Wrong
  • 3
    Reserve Bank of India
    Correct
    Wrong
  • 4
    Reserve Bank of India
    Correct
    Wrong
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Answer : 2. "Central Statistical Organization"

Q:

Government takes way and means loan?

1136 0

  • 1
    IDBI
    Correct
    Wrong
  • 2
    RBI
    Correct
    Wrong
  • 3
    SBI
    Correct
    Wrong
  • 4
    ICICI
    Correct
    Wrong
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Answer : 2. "RBI"

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