Indian Economy Practice Question and Answer
8 Q: Committee on Public Distribution System is?
3014 05efbf8db0a52267797b6b00a
5efbf8db0a52267797b6b00a- 1Sodhani Committeefalse
- 2Malegam Committeefalse
- 3Venugopal Committeetrue
- 4None of thesefalse
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Answer : 3. "Venugopal Committee"
Q: Value of Total Goods and Services produced in a country is its _____________ .
3004 05dc8e869513f8a7589a023c1
5dc8e869513f8a7589a023c1- 1Gross Domestic Producttrue
- 2Gross Revenue Incomefalse
- 3Total Goods Revenuefalse
- 4Total Incomefalse
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Answer : 1. "Gross Domestic Product"
Q: The national census does NOT recognise ______ groups within India.
2946 064a2a305ab3c5fffc2fa1e10
64a2a305ab3c5fffc2fa1e10- 1tribalfalse
- 2ethnictrue
- 3religiousfalse
- 4scheduled castefalse
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Answer : 2. "ethnic"
Explanation :
A. National census does not identify ethnic groups within India.
B. Here are examples of some specific groups identified by the national census.
1. Tribal Groups: Santhal, Gond, Adivasi, Bodo, Meena, Kushwaha
2. Religious Groups: Hindu, Muslim, Christian, Sikh, Buddhist, Jain, Parsi
3. Linguistic Groups: Hindi, Bengali, Marathi, Tamil, Telugu, Urdu, Gujarati, Kannada, Punjabi, Assamese
Q: Excise duty on a commodity is payable with reference to its
2936 15f3684b85ea8a017a5b644f1
5f3684b85ea8a017a5b644f1- 1production , transportation and salefalse
- 2productiontrue
- 3production and salefalse
- 4production and transportationfalse
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Answer : 2. "production "
Q: Raw materials and money in hand are called _____.
2927 05fe1db7ace32c8585c749764
5fe1db7ace32c8585c749764- 1Human capitalfalse
- 2Working capitaltrue
- 3Factors of productionfalse
- 4None of the abovefalse
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Answer : 2. "Working capital"
Q: National Income estimates in India are prepared by
2900 05ef4366e81a47f2e7aeffac1
5ef4366e81a47f2e7aeffac1- 1Planning Commissionfalse
- 2Reserve Bank of Indiafalse
- 3Central statistical organizationtrue
- 4Indian Statistical Institutefalse
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Answer : 3. "Central statistical organization"
Q: Which is the third area of economic development?
2890 05fc22af4f797c56783129241
5fc22af4f797c56783129241- 1Service Sectortrue
- 2Science fieldfalse
- 3Education Sectorfalse
- 4Agricultural sectorfalse
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Answer : 1. "Service Sector"
Q: Which bank has formed Kisan Clubs to reach farmers easily?
2839 06113912ee60c1d4cec26748a
6113912ee60c1d4cec26748a- 1Reserve Bank of Indiafalse
- 2Bank of Indiafalse
- 3Regional Rural Bankstrue
- 4Allahabad Bankfalse
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