Indian Economy Practice Question and Answer

Q:

Which of the following produces invisible export?

1150 0

  • 1
    Traffic and Travel
    Correct
    Wrong
  • 2
    Jewelry
    Correct
    Wrong
  • 3
    Handloom
    Correct
    Wrong
  • 4
    fish
    Correct
    Wrong
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Answer : 1. "Traffic and Travel"

Q:

The National Mission for Saffron has been launched as a sub- scheme of which among the following programmes?

1145 0

  • 1
    National Food Security Mission
    Correct
    Wrong
  • 2
    National Cash Crop Programme
    Correct
    Wrong
  • 3
    National Horticulture Mission
    Correct
    Wrong
  • 4
    Rashtriya Krishi Vikas Yojana
    Correct
    Wrong
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Answer : 4. "Rashtriya Krishi Vikas Yojana"

Q:

What is the process of constantly increasing prices?

1143 0

  • 1
    Inflation
    Correct
    Wrong
  • 2
    over production
    Correct
    Wrong
  • 3
    Mandi
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 1. "Inflation"

Q:

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

1136 0

  • 1
    Globalisation
    Correct
    Wrong
  • 2
    Privatisation
    Correct
    Wrong
  • 3
    Liberalisation
    Correct
    Wrong
  • 4
    Bilateral understanding.
    Correct
    Wrong
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Answer : 3. "Liberalisation "

Q:

In which year the concept of Multidimensional Poverty Index was introduced? 

1135 0

  • 1
    2010
    Correct
    Wrong
  • 2
    2011
    Correct
    Wrong
  • 3
    2000
    Correct
    Wrong
  • 4
    2008
    Correct
    Wrong
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Answer : 1. "2010"

Q:

Which of the following states has more tea plantations?

1129 0

  • 1
    Aasam
    Correct
    Wrong
  • 2
    Bihar
    Correct
    Wrong
  • 3
    Meghalaya
    Correct
    Wrong
  • 4
    Manipur
    Correct
    Wrong
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Answer : 1. "Aasam"

Q:

'Poot determines his own demand' - Whose statement is this?

1128 0

  • 1
    Adam Smith
    Correct
    Wrong
  • 2
    J. B. Se.
    Correct
    Wrong
  • 3
    Marshal
    Correct
    Wrong
  • 4
    Ricardo
    Correct
    Wrong
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Answer : 2. "J. B. Se."

Q:

Multinational firm is– 

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  • 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 "

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