Indian Economy Practice Question and Answer
8 Q: Which Indian finance minister was India’s delegate to the World Monetary Conference at Bretton Woods in 1944?
1124 064c22a2a96ae1f4842fef06d
64c22a2a96ae1f4842fef06d- 1KC Neogyfalse
- 2CD Deshmukhfalse
- 3John Mathaifalse
- 4RK Shanmukham Chettytrue
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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 the highest per capita income?
1124 06052f2964999e13f2a6bb577
6052f2964999e13f2a6bb577- 1Gujaratfalse
- 2Maharashtrafalse
- 3Goatrue
- 4Punjabfalse
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Answer : 3. "Goa"
Q: Which of the following is considered as the main determinant of real wages?
1121 060d3127f1cefce3a61b2567b
60d3127f1cefce3a61b2567b- 1purchasing power of moneytrue
- 2Nature of workfalse
- 3additional incomefalse
- 4none of thesefalse
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Answer : 1. "purchasing power of money"
Q: What percentage of GDP of agriculture sector in India is spent on agricultural research?
1119 061139878b7b4a6411ff6cb25
61139878b7b4a6411ff6cb25- 15 %false
- 20.5 %false
- 30.3%true
- 43 %false
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Answer : 3. "0.3%"
Q: In which of the following years was the Reserve Bank of India nationalised?
1110 0644bde2a6842c5ce47ce8093
644bde2a6842c5ce47ce8093- 11935false
- 21949true
- 31927false
- 41965false
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Answer : 2. "1949"
Q: The Reserve Bank of India has an accounting year?
1105 06088fae49f98193d2deb2a9e
6088fae49f98193d2deb2a9e- 1October - Septemberfalse
- 2April-Marchtrue
- 3July-Junefalse
- 4None of thesefalse
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Answer : 2. "April-March"
Q: Whose annual publication is the World Development Report?
1103 06052efbd4999e13f2a6babad
6052efbd4999e13f2a6babad- 1I.M.F.false
- 2W.T.O.false
- 3I.B.R.Dtrue
- 4None of thesefalse
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Answer : 3. "I.B.R.D"
Q: What is the relationship between the value of money and the price level in an economy?
1098 060d313871cefce3a61b25c73
60d313871cefce3a61b25c73- 1stablefalse
- 2inversetrue
- 3Anulomfalse
- 4none of thesefalse
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