Indian Economy Practice Question and Answer

Q:

Who is called the forerunner of liberalization of Indian economy?

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  • 1
    P. Chidambaram
    Correct
    Wrong
  • 2
    Amartya Sen
    Correct
    Wrong
  • 3
    Dr. Manmohan Singh
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 3. "Dr. Manmohan Singh"

Q:

Which of these reports is not released by International Monetary Fund?

2896 0

  • 1
    human Development Report
    Correct
    Wrong
  • 2
    Global Financial Stability Report
    Correct
    Wrong
  • 3
    World Economic Outlook
    Correct
    Wrong
  • 4
    External Sector Report
    Correct
    Wrong
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Answer : 1. "human Development Report"

Q:

The study of factor pricing is alternatively called the theory of 

2831 0

  • 1
    functional distribution
    Correct
    Wrong
  • 2
    personal distribution
    Correct
    Wrong
  • 3
    Income distribution
    Correct
    Wrong
  • 4
    wealth distribution
    Correct
    Wrong
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Answer : 1. "functional distribution "

Q:

Which is the first state in India to enact the Food Security Act?

2828 0

  • 1
    Chhattisgarh
    Correct
    Wrong
  • 2
    Gujarat
    Correct
    Wrong
  • 3
    Bihar
    Correct
    Wrong
  • 4
    Tamil Nadu
    Correct
    Wrong
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Answer : 1. "Chhattisgarh"

Q:

Knowledge, technical skill, education etc. in economics, are regarded as 

2770 0

  • 1
    tangible physical capital
    Correct
    Wrong
  • 2
    working capital
    Correct
    Wrong
  • 3
    social-overhead capital
    Correct
    Wrong
  • 4
    human capital
    Correct
    Wrong
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Answer : 4. "human capital "

Q:

Foreign currency which has a tendency of quick migration is called -

2765 0

  • 1
    Gold currency
    Correct
    Wrong
  • 2
    Hot currency
    Correct
    Wrong
  • 3
    Scarce currency
    Correct
    Wrong
  • 4
    Soft currency
    Correct
    Wrong
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Answer : 2. "Hot currency "

Q:

In which the following is not directly controlled by RBI?

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  • 1
    Bank rate
    Correct
    Wrong
  • 2
    Repo rate
    Correct
    Wrong
  • 3
    Base rate
    Correct
    Wrong
  • 4
    Cash Reserve Ratio
    Correct
    Wrong
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Answer : 3. "Base rate "

Q:

Where is the headquarters of Oil and Natural Gas Corporation (ONGC) in India located?

2590 0

  • 1
    Hirapur
    Correct
    Wrong
  • 2
    Guwahati
    Correct
    Wrong
  • 3
    Dehradun
    Correct
    Wrong
  • 4
    Mumbai
    Correct
    Wrong
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Answer : 3. "Dehradun"

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