Indian Economy Practice Question and Answer
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Q: Process making of bricks by using soil comes under which sector of economic activity?
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5f571f8d79cfd646ddd3946d- 1Tertiary sectorfalse
- 2Primary sectorfalse
- 3Secondary sectortrue
- 4None of thesefalse
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Answer : 3. "Secondary sector"
Q: ‘L. K. Which tax was suggested by the Jha Committee?
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5efbfa38d7fe817321ad3579- 1D. M.A.T.false
- 2V.A.T.false
- 3M.O.D.V.A.T.false
- 4M.A.N.V.A.T.true
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Answer : 4. "M.A.N.V.A.T."
Q: Who said that debt is child of deposit and deposit is child of debt?
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5fc219f596415e6951aeff6a- 1Cannestrue
- 2Marshallfalse
- 3Piguefalse
- 4Crowtherfalse
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Answer : 1. "Cannes"
Q: Which three indicators are used in the Human Development Index (HDI)?
I. Standard of living
II. Education
III. Life expectancy
IV. Condition of environment
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5d776efba1321a5b0b596cc4- 1Only I, II & IVfalse
- 2Only I, II, & IIItrue
- 3Only I & IIfalse
- 4All of the abovefalse
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Answer : 2. "Only I, II, & III"
Q: Short-term finance is usually for a period ranging up to
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5d42ab8757579c3e8f509307- 15 monthsfalse
- 210 monthsfalse
- 312 monthstrue
- 48 monthsfalse
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Answer : 3. "12 months "
Q: How many member is in the GST Council of India?
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5e180c5e39d64c451b228e9c- 133true
- 234false
- 336false
- 427false
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Answer : 1. "33"
Q: What is the tagline of UCO Bank?
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5f6c291a884ff270def79ad2- 1Where every individual is committedfalse
- 2Faithful and Friendlyfalse
- 3Honors Your Trusttrue
- 4Good people to bank withfalse
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Answer : 3. "Honors Your Trust"
Q: The Abid Hussain Committee was formed by which ministry?
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5efbf9930a52267797b6b01f- 1Planning Commissionfalse
- 2Ministry of Industrytrue
- 3Ministry of Defensefalse
- 4Ministry of Financefalse
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Answer : 2. "Ministry of Industry"
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