Indian Economy Practice Question and Answer
8 Q: The Worldwide great depression happens in which year-
1153 0632c49a531300b7ce47330be
632c49a531300b7ce47330be- 11936false
- 21929false
- 31928true
- 41930false
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Answer : 3. "1928 "
Explanation :
Explain: -The duration of great depression was different for different for different countries, but the starting of depresion was 1929-32. The unemployment of America increase by +607%. Similiarly in Germany by +214% & France by +214%.
Q: The state is the first state to issue a human development report?
1149 06052f066a37d522d6c186ebc
6052f066a37d522d6c186ebc- 1Keralafalse
- 2Rajasthanfalse
- 3U.P.false
- 4Madhya Pradeshtrue
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Answer : 4. "Madhya Pradesh"
Q: The term “Micro Economics” and “Macro Economics” was coined by–
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6336dfd32ff7535af6869591- 1Alfred Marshalfalse
- 2Ragner Nurksefalse
- 3Ragner Frischtrue
- 4J.M. Keynesfalse
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Answer : 3. "Ragner Frisch "
Explanation :
Explain: -The difference between micro and macro economics is simple. Microeconomics is the study of economics at an individual, group or company level. Macroeconomics, on the other hand, is the study of a national economy as a whole. Microeconomics focuses on issues that affect individuals and companies
Q: “World Bank” is also called as –
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6336dd562ff7535af6868279- 1International Bank for Reconstruction and developmenttrue
- 2International, rehabilation and development bankfalse
- 3International rehabilated and development bankfalse
- 4None of these.false
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Answer : 1. "International Bank for Reconstruction and development"
Explanation :
The "World Bank" is also referred to as simply the "World Bank." While its full name is the "International Bank for Reconstruction and Development (IBRD)," the term "World Bank" is commonly used to refer to this international financial institution.
Q: Who is a chairman of 15th Finance Commission of India?
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6411768aa37bb1a5e180e3e2- 1Nirmala Sitharamanfalse
- 2Dr. Ashok Lahirifalse
- 3N. K. Singhtrue
- 4Ajay Narayanfalse
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Answer : 3. "N. K. Singh "
Q: Which among the following is not the investment of goods & services?
1138 0632c49e7751e5310a5c99b21
632c49e7751e5310a5c99b21- 1Cost of machineryfalse
- 2Increase in cost of raw goodsfalse
- 3Increasing department of companytrue
- 4Cost of buying a house.false
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Answer : 3. "Increasing department of company "
Explanation :
Explain: -Increasing the department of company is not the matter of investment on goods and services
Q: Which among the following is not true about the work of Human Resource and Development (HRD)–
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6336e6a12ff7535af686dbbc- 1Caste – Systemtrue
- 2Youth and Sportfalse
- 3Educationfalse
- 4Child Developmentfalse
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Answer : 1. "Caste – System "
Q: Which of the following is not a function of currency?
1136 06088f5d5bdba7253ca28762e
6088f5d5bdba7253ca28762e- 1Measurement of valuefalse
- 2accumulation of valuefalse
- 3transfer of valuefalse
- 4stabilization of pricetrue
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