Indian Economy Practice Question and Answer
8 Q: Who controls the credit generated by commercial banks?
1263 063527284519847150da381bf
63527284519847150da381bf- 1Government of Indiafalse
- 2State Bank of Indiafalse
- 3Reserve Bank of Indiatrue
- 4Ministry of Financefalse
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Answer : 3. "Reserve Bank of India"
Q: Arthashastra by “Kautilya” is related with–
1256 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: The interest in infrastructure is less because.
1250 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: Rural Employment Generation Programme (REGP) was launched in _____.
1248 0641960a72b960e1a416a8c40
641960a72b960e1a416a8c40- 11995true
- 21990false
- 31999false
- 41992false
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Answer : 1. "1995 "
Q: When there is affect on economic activity of an specific country due to import and export, then such economy are called-
1245 0632c49481656651c9ea35adf
632c49481656651c9ea35adf- 1Closed economyfalse
- 2Open economytrue
- 3Agricultural economyfalse
- 4Industrial economyfalse
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Answer : 2. "Open economy "
Explanation :
Explain: -When there is change in economy due to import and export, then such economy is called Open economy. India enacted Open economy in 1991.
Q: Which Department of the Government of India launched ‘One Health’ pilot project in April 2022?
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64106c2cdf653d9ac23ab2f8- 1Department of Consumer Affairsfalse
- 2Department of Animal Husbandry and Dairyingtrue
- 3Department of Pharmaceuticalsfalse
- 4Department of Commercefalse
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Answer : 2. "Department of Animal Husbandry and Dairying "
Q: The state is the first state to issue a human development report?
1243 06052f066a37d522d6c186ebc
6052f066a37d522d6c186ebc- 1Keralafalse
- 2Rajasthanfalse
- 3U.P.false
- 4Madhya Pradeshtrue
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Answer : 4. "Madhya Pradesh"
Q: Which of the following is not a function of currency?
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6088f5d5bdba7253ca28762e- 1Measurement of valuefalse
- 2accumulation of valuefalse
- 3transfer of valuefalse
- 4stabilization of pricetrue
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