Indian Economy Practice Question and Answer

Q:

If the interest rate is decreased in an economy, it will

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  • 1
    increase the investment expenditure in the economy
    Correct
    Wrong
  • 2
    increase the total savings in the economy
    Correct
    Wrong
  • 3
    increase the total savings in the economy
    Correct
    Wrong
  • 4
    decrease the consumption expenditure in the economy
    Correct
    Wrong
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Answer : 1. "increase the investment expenditure in the economy"

Q:

Which of the following is related to the South-South debate?

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  • 1
    Cooperation between developing countries
    Correct
    Wrong
  • 2
    Defence Organisation
    Correct
    Wrong
  • 3
    Sitting between developed & developing countries
    Correct
    Wrong
  • 4
    All of the above
    Correct
    Wrong
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Answer : 1. "Cooperation between developing countries "

Q:

Which of the following is related to green revolution in India?

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  • 1
    Environment Protection
    Correct
    Wrong
  • 2
    High Yielding Variety of Seeds
    Correct
    Wrong
  • 3
    Green House Effect
    Correct
    Wrong
  • 4
    Calculation of Green GNP
    Correct
    Wrong
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Answer : 2. "High Yielding Variety of Seeds"

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