Indian Economy Practice Question and Answer

Q:

Which country is the largest producer of coarse grains in the world?

3735 0

  • 1
    India
    Correct
    Wrong
  • 2
    Japan
    Correct
    Wrong
  • 3
    Russia
    Correct
    Wrong
  • 4
    China
    Correct
    Wrong
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Answer : 1. "India"

Q:

‘L. K. Which tax was suggested by the Jha Committee?

3659 0

  • 1
    D. M.A.T.
    Correct
    Wrong
  • 2
    V.A.T.
    Correct
    Wrong
  • 3
    M.O.D.V.A.T.
    Correct
    Wrong
  • 4
    M.A.N.V.A.T.
    Correct
    Wrong
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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?

3512 0

  • 1
    Cannes
    Correct
    Wrong
  • 2
    Marshall
    Correct
    Wrong
  • 3
    Pigue
    Correct
    Wrong
  • 4
    Crowther
    Correct
    Wrong
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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


3394 1

  • 1
    Only I, II & IV
    Correct
    Wrong
  • 2
    Only I, II, & III
    Correct
    Wrong
  • 3
    Only I & II
    Correct
    Wrong
  • 4
    All of the above
    Correct
    Wrong
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Answer : 2. "Only I, II, & III"

Q:

How many member is in the GST Council of India?

3345 0

  • 1
    33
    Correct
    Wrong
  • 2
    34
    Correct
    Wrong
  • 3
    36
    Correct
    Wrong
  • 4
    27
    Correct
    Wrong
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Answer : 1. "33"

Q:

Short-term finance is usually for a period ranging up to

3308 1

  • 1
    5 months
    Correct
    Wrong
  • 2
    10 months
    Correct
    Wrong
  • 3
    12 months
    Correct
    Wrong
  • 4
    8 months
    Correct
    Wrong
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Answer : 3. "12 months "

Q:

What is the tagline of UCO Bank?

3306 0

  • 1
    Where every individual is committed
    Correct
    Wrong
  • 2
    Faithful and Friendly
    Correct
    Wrong
  • 3
    Honors Your Trust
    Correct
    Wrong
  • 4
    Good people to bank with
    Correct
    Wrong
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Answer : 3. "Honors Your Trust"

Q:

The Abid Hussain Committee was formed by which ministry?

3101 0

  • 1
    Planning Commission
    Correct
    Wrong
  • 2
    Ministry of Industry
    Correct
    Wrong
  • 3
    Ministry of Defense
    Correct
    Wrong
  • 4
    Ministry of Finance
    Correct
    Wrong
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Answer : 2. "Ministry of Industry"

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