Indian Economy Practice Question and Answer
8 Q: Which of the following is a better measurement of Economic Development?
2289 05f4cd3bb82369c1d610e6f62
5f4cd3bb82369c1d610e6f62- 1NNPtrue
- 2Per capita incomefalse
- 3GDPfalse
- 4Disposable incomefalse
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Answer : 1. "NNP "
Q: Which factor is mainly responsible for increase in demand of natural resources?
2286 05ff5826a9552896910b446b9
5ff5826a9552896910b446b9- 1Scientific advancementfalse
- 2Use of biodegradable chemicalsfalse
- 3Increasing human populationtrue
- 4Environmental pollutionfalse
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Answer : 3. "Increasing human population"
Explanation :
The correct answer is Increased human population. As the human population is increasing at an astounding rate, we have reached a number of 7.4 billion today. Naturally, this means that we are utilizing more and more natural resources.
Q: By whom is the truck named Ashok Leyland produced?
2270 05f02a1c8ce72ee4f9c9c1782
5f02a1c8ce72ee4f9c9c1782- 1Tatafalse
- 2Hindujatrue
- 3Birlafalse
- 4Godrejfalse
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Answer : 2. "Hinduja"
Q: India ranks first in the world in the production of which mineral?
2263 060d317a46cc0e73be00e447b
60d317a46cc0e73be00e447b- 1graphitefalse
- 2Tungstenfalse
- 3asbestostrue
- 4All thesefalse
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Answer : 3. "asbestos"
Q: What percentage of the total central employees are employed in Indian Railways?
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5f0ff31a2d9085055f45e1c2- 150 %false
- 240 %true
- 345 %false
- 435 %false
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Answer : 2. " 40 %"
Q: Who was the Deputy Chairman of the first 'Planning Commission'?
2241 05efbfa85ea68613370d10d51
5efbfa85ea68613370d10d51- 1Jawaharlal Nehrufalse
- 2Gulzari Lal Nandatrue
- 3R.R. K. Shanmukham Shettyfalse
- 4Jagjivan Ramfalse
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Answer : 2. "Gulzari Lal Nanda"
Q: Bank rate is the rate at which—
2228 05f0fe57510bdaa1158cd7178
5f0fe57510bdaa1158cd7178- 1A bank lends to the public.false
- 2RBI lends to the public.false
- 3RBI lends to commercial banks.true
- 4Government of India lends to other countries.false
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Answer : 3. "RBI lends to commercial banks."
Q: The first bank to open its branch outside India in London in 1946
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61b7509c7a5b3510e9c5e7aa- 1Bank of Indiatrue
- 2Canara Bankfalse
- 3Imperial Bank of Indiafalse
- 4Central Bank of Indiafalse
- 5None of thesefalse
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Answer : 1. "Bank of India"
Explanation :
The first Indian bank to open a branch outside India was the Bank of India. It established its first overseas branch in London in 1946.

