Indian Economy Practice Question and Answer
8 Q: The Worldwide great depression happens in which year-
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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: Which of the following is related to green revolution in India?
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641178915bff3d098ddf3fcb- 1Environment Protectionfalse
- 2High Yielding Variety of Seedstrue
- 3Green House Effectfalse
- 4Calculation of Green GNPfalse
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Answer : 2. "High Yielding Variety of Seeds"
Q: If the interest rate is decreased in an economy, it will
568 062ac7668f5480112e46ca0ae
62ac7668f5480112e46ca0ae- 1increase the investment expenditure in the economytrue
- 2increase the total savings in the economyfalse
- 3increase the total savings in the economyfalse
- 4decrease the consumption expenditure in the economyfalse
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Answer : 1. "increase the investment expenditure in the economy"
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: Which of the following is/are one of the United Nations Sustainable Development Goals?
(A) Zero Hunger
(B) Climate Action
(C) Life Below Water
(D) Quality Education
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649a9bb91a612ce001f65700- 1A, B, C and Dtrue
- 2A and Bfalse
- 3B and Cfalse
- 4A, C and Dfalse
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Answer : 1. "A, B, C and D"
Explanation :
All these are the main goals of the United Nations Sustainable Development Goals.
(A) Zero Hunger
(B) Climate Action
(C) Life Below Water
(D) Quality Education
Major goals of the UN Sustainable Development Goals:
1. Poverty Eradication: End extreme poverty for all people everywhere by 2030.
2. End hunger: Ensure food security and improved nutrition for all by 2030 and promote sustainable agriculture.
3. Health and Well-Being: To promote healthy lives and well-being for people of all ages.
4. Education for all: To ensure inclusive and equitable quality education for all by 2030.
5. Gender equality: Achieving gender equality and promoting the empowerment of women and girls.
6. Clean water and sanitation: Ensuring safe and accessible clean water and sanitation services for all.
Q: The Relationship between the rate of interest and consumption level was firstly estimated by–
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6336e40b30141c336c3a28bd- 1Amartya Senfalse
- 2Milton Freedmantrue
- 3Irwing Fischerfalse
- 4James Duezan Berryfalse
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Answer : 2. "Milton Freedman"
Q: Which of the following is related to the South-South debate?
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632c63525c208a6bf7ebc922- 1Cooperation between developing countriestrue
- 2Defence Organisationfalse
- 3Sitting between developed & developing countriesfalse
- 4All of the abovefalse
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Answer : 1. "Cooperation between developing countries "
Q: The ______ was nationalised in the year 1949.
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64a2a3b7c7d7c7e067491fc8- 1Union Bank of Indiafalse
- 2Reserve Bank of Indiatrue
- 3Central Bank of Indiafalse
- 4Imperial Bank of Indiafalse
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Answer : 2. "Reserve Bank of India"
Explanation :
1. The Reserve Bank of India was nationalized on January 1, 1949.
2. Earlier, the Reserve Bank of India was a privately owned bank, established on April 1, 1935, in accordance with the provisions of the Reserve Bank of India Act, 1934.
2. After India's independence on 15 August 1947, RBI was nationalized on 1 January 1949.
4. After nationalization, the Reserve Bank of India came under the complete ownership of the Government of India.