Indian Economy Practice Question and Answer

Q:

Which is the most suitable grain in India?

1393 0

  • 1
    Wheat
    Correct
    Wrong
  • 2
    Barley
    Correct
    Wrong
  • 3
    Maize
    Correct
    Wrong
  • 4
    Rice
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "Rice"

Q:

Who assesses the national income numbers in India?

1390 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
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "Central Statistical Organization"

Q:

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

1384 0

  • 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
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "Economic survey 2017-18"

Q:

What is the percentage of the female population according to the 2011 census? 

1381 0

  • 1
    42.53 %
    Correct
    Wrong
  • 2
    40.53 %
    Correct
    Wrong
  • 3
    48.53 %
    Correct
    Wrong
  • 4
    45.53 %
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "48.53 % "

Q:

The Reserve Bank of India has an accounting year?

1380 0

  • 1
    October - September
    Correct
    Wrong
  • 2
    April-March
    Correct
    Wrong
  • 3
    July-June
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "April-March"

Q:

The Removal of prohibitions and hindrance by the government is called. 

1377 0

  • 1
    Globalisation
    Correct
    Wrong
  • 2
    Privatisation
    Correct
    Wrong
  • 3
    Liberalisation
    Correct
    Wrong
  • 4
    Bilateral understanding.
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "Liberalisation "

Q:

What is the relationship between the value of money and the price level in an economy?

1370 0

  • 1
    stable
    Correct
    Wrong
  • 2
    inverse
    Correct
    Wrong
  • 3
    Anulom
    Correct
    Wrong
  • 4
    none of these
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "inverse"

Q:

The Surplus earned by a factor other thus land in the short period is referred as –

1367 0

  • 1
    Economic Rent
    Correct
    Wrong
  • 2
    Net Rent
    Correct
    Wrong
  • 3
    Quasi-Rent
    Correct
    Wrong
  • 4
    Super-Normal Rent
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "Quasi-Rent "
Explanation :

Explain: -The Surplus earned by a factor other than land in the short period is referred as quasi-rent.

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully