Indian Economy Practice Question and Answer
8 Q: The Production of a commodity mostly through the natural process is an activity of–
1196 06336e2c193021d4ee41af39b
6336e2c193021d4ee41af39b- 1Primary Sectortrue
- 2Secondary Sectorfalse
- 3Tertiary Sectorfalse
- 4Technology Sectorfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "Primary Sector "
Explanation :
Explain: -The Production of a commodity mostly through the natural process is an activity of primary sector. For Example:– agriculture an agricultural products, fertilizers, animal husbandry etc
Q: Which among the following is the quantitative method of credit control by the Central Bank?
1191 0641179ee5bff3d098ddf40f7
641179ee5bff3d098ddf40f7- 1Marginal requirementsfalse
- 2Credit rationingfalse
- 3Direct actionfalse
- 4Bank ratetrue
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "Bank rate"
Q: Fiscal policy refers to–
1181 0604204a852454a7005b1d4c2
604204a852454a7005b1d4c2- 1Government borrowings from abroadfalse
- 2Sharing of its revenue by Central Government with Statesfalse
- 3Sale and purchase of securities by RBIfalse
- 4Government taxes, expenditure and borrowingstrue
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "Government taxes, expenditure and borrowings"
Q: As per Census 2011, under which of the following ranges does the literacy rate in India fall?
1180 0643920a51ce944a93ea1d84b
643920a51ce944a93ea1d84b- 190% - 95%false
- 250% - 55%false
- 330% - 35%false
- 470% - 75%true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "70% - 75%"
Q: Which of the following states has more tea plantations?
1178 06052ecf5528a962d2e41881f
6052ecf5528a962d2e41881f- 1Aasamtrue
- 2Biharfalse
- 3Meghalayafalse
- 4Manipurfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "Aasam"
Q: Multinational firm is–
1174 0632c4aa65c208a6bf7eb3703
632c4aa65c208a6bf7eb3703- 1A company started by foreign governmentsfalse
- 2A single company established in different countriestrue
- 3A company in India started by U.S. governmentfalse
- 4A company started jointly by India and U.S. Ans.false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "A single company established in different countries "
Q: Preparing butter and ghee for household consumption of own family is a part of –
1172 0632c4a3331300b7ce47331b0
632c4a3331300b7ce47331b0- 1Household investment productionfalse
- 2Industrial productionfalse
- 3Consumptionfalse
- 4Own Account Productiontrue
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "Own Account Production"
Explanation :
Explain: -Preparing butter and ghee by a family for household consumption is a part of own account production.
Q: The Human Development Index is attributed to which economist?
1162 06052f01ca37d522d6c186d89
6052f01ca37d522d6c186d89- 1Mehboob-ul-Haqtrue
- 2Amartya Senfalse
- 3Johnsonfalse
- 4None of thesefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice