Indian Economy Practice Question and Answer
8 Q: The interest in infrastructure is less because.
1021 0632c670331300b7ce473ed83
632c670331300b7ce473ed83- 1There is large invest in itfalse
- 2There needs a desired projectfalse
- 3Time to finish the infrastructure is morefalse
- 4Profit is gained after long time.true
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Answer : 4. "Profit is gained after long time."
Explanation :
Infrastructure refers to the basic physical and organizational structures, facilities, systems, and services that are necessary for the functioning of a society, economy, or organization. It encompasses a wide range of essential components, including
Q: The Human Development Index is attributed to which economist?
1016 06052f01ca37d522d6c186d89
6052f01ca37d522d6c186d89- 1Mehboob-ul-Haqtrue
- 2Amartya Senfalse
- 3Johnsonfalse
- 4None of thesefalse
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Answer : 1. "Mehboob-ul-Haq"
Q: Round Revolution in India was related to -
1015 0637f3e2d49a42a5ac162936c
637f3e2d49a42a5ac162936c- 1Potatotrue
- 2Onionfalse
- 3Oil seedsfalse
- 4Tomatofalse
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Answer : 1. "Potato "
Q: The demand curve of a firm under perfect competition is:
1014 163f32a98cbcfaac053da8350
63f32a98cbcfaac053da8350- 1horizontal to OX-axistrue
- 2negative slopefalse
- 3positive slopefalse
- 4U-shapedfalse
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Answer : 1. "horizontal to OX-axis"
Q: Who wrote the book 'Planned Economy for India'?
1004 0641177d1a37bb1a5e180f615
641177d1a37bb1a5e180f615- 1M. Visvesvarayatrue
- 2Pt. Jawahar Lal Nehrufalse
- 3Mahatma Gandhifalse
- 4Man Mohan Singhfalse
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Answer : 1. "M. Visvesvaraya "
Q: The term “Micro Economics” and “Macro Economics” was coined by–
1002 06336dfd32ff7535af6869591
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: Arthashastra by “Kautilya” is related with–
997 06336e0a45c208a6bf71b2a05
6336e0a45c208a6bf71b2a05- 1Military Phasefalse
- 2Political Reigntrue
- 3Social Phasefalse
- 4Economic Postulatesfalse
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Answer : 2. "Political Reign"
Explanation :
Expl:- The Kautilya’s Arthasastra is related to political reign. Arthastra is an ancient Indian treatise on statecraft, economic Policy and Military strategy, written in sanskrit.
The Arthashastra is an ancient Indian treatise on statecraft, economic policy and military strategy, written in Sanskrit.
Q: Which of the following is not a function of currency?
996 06088f5d5bdba7253ca28762e
6088f5d5bdba7253ca28762e- 1Measurement of valuefalse
- 2accumulation of valuefalse
- 3transfer of valuefalse
- 4stabilization of pricetrue
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