Indian Economy Practice Question and Answer

Q:

Whose annual publication is the World Development Report?

1013 0

  • 1
    I.M.F.
    Correct
    Wrong
  • 2
    W.T.O.
    Correct
    Wrong
  • 3
    I.B.R.D
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 3. "I.B.R.D"

Q:

Which of the following is NOT a public sector insurance company?

1012 0

  • 1
    United India Insurance Company Limited
    Correct
    Wrong
  • 2
    The New India Assurance Company Limited
    Correct
    Wrong
  • 3
    SBI Life Insurance
    Correct
    Wrong
  • 4
    General Insurance Corporation of India
    Correct
    Wrong
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Answer : 3. "SBI Life Insurance"
Explanation :

There are public sector insurance companies.

1. United India Insurance Company Limited

2. The New India Assurance Company Limited

3. General Insurance Corporation of India

Q:

What percentage of GDP of agriculture sector in India is spent on agricultural research?

1012 0

  • 1
    5 %
    Correct
    Wrong
  • 2
    0.5 %
    Correct
    Wrong
  • 3
    0.3%
    Correct
    Wrong
  • 4
    3 %
    Correct
    Wrong
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Answer : 3. "0.3%"

Q:

Which Indian finance minister was India’s delegate to the World Monetary Conference at Bretton Woods in 1944?

1005 0

  • 1
    KC Neogy
    Correct
    Wrong
  • 2
    CD Deshmukh
    Correct
    Wrong
  • 3
    John Mathai
    Correct
    Wrong
  • 4
    RK Shanmukham Chetty
    Correct
    Wrong
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Answer : 4. "RK Shanmukham Chetty"
Explanation :

1. In the World Monetary Conference at Bretton Woods in 1944, R. Of. Shanmukham Chetty served as the Indian Finance Minister.

 2. Served as Speaker of the Central Legislative Assembly of India, and also as Dewan of Cochin State from 1935 to 1941.

Q:

Which state has maximum production of large cardamom in India?

1002 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:

Who assesses the national income numbers in India?

1001 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:

Multinational firm is– 

999 0

  • 1
    A company started by foreign governments
    Correct
    Wrong
  • 2
    A single company established in different countries
    Correct
    Wrong
  • 3
    A company in India started by U.S. government
    Correct
    Wrong
  • 4
    A company started jointly by India and U.S. Ans.
    Correct
    Wrong
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Answer : 2. "A single company established in different countries "

Q:

In which year the right to service was imposed in Bihar?

993 0

  • 1
    2011
    Correct
    Wrong
  • 2
    2012
    Correct
    Wrong
  • 3
    1980
    Correct
    Wrong
  • 4
    1999
    Correct
    Wrong
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Answer : 1. "2011"

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