Indian Economy Practice Question and Answer

Q:

What percentage of the total central employees are employed in Indian Railways?

2172 0

  • 1
    50 %
    Correct
    Wrong
  • 2
    40 %
    Correct
    Wrong
  • 3
    45 %
    Correct
    Wrong
  • 4
    35 %
    Correct
    Wrong
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Answer : 2. " 40 %"

Q:

India ranks first in the world in the production of which mineral?

2154 0

  • 1
    graphite
    Correct
    Wrong
  • 2
    Tungsten
    Correct
    Wrong
  • 3
    asbestos
    Correct
    Wrong
  • 4
    All these
    Correct
    Wrong
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Answer : 3. "asbestos"

Q:

Which factor is mainly responsible for increase in demand of natural resources?

2145 0

  • 1
    Scientific advancement
    Correct
    Wrong
  • 2
    Use of biodegradable chemicals
    Correct
    Wrong
  • 3
    Increasing human population
    Correct
    Wrong
  • 4
    Environmental pollution
    Correct
    Wrong
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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:

What is the demand for labor called?

2124 1

  • 1
    Market demand
    Correct
    Wrong
  • 2
    Direct demand
    Correct
    Wrong
  • 3
    Derived demand
    Correct
    Wrong
  • 4
    Factory demand
    Correct
    Wrong
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Answer : 3. "Derived demand"

Q:

Which of the following countries has a mixed economy?

2121 0

  • 1
    America
    Correct
    Wrong
  • 2
    India
    Correct
    Wrong
  • 3
    China
    Correct
    Wrong
  • 4
    Russia
    Correct
    Wrong
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Answer : 2. "India"

Q:

Which of the following is a better measurement of Economic Development? 

2107 0

  • 1
    NNP
    Correct
    Wrong
  • 2
    Per capita income
    Correct
    Wrong
  • 3
    GDP
    Correct
    Wrong
  • 4
    Disposable income
    Correct
    Wrong
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Answer : 1. "NNP "

Q:

By whom is the truck named Ashok Leyland produced?

2103 0

  • 1
    Tata
    Correct
    Wrong
  • 2
    Hinduja
    Correct
    Wrong
  • 3
    Birla
    Correct
    Wrong
  • 4
    Godrej
    Correct
    Wrong
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Answer : 2. "Hinduja"

Q:

Who was the Deputy Chairman of the first 'Planning Commission'?

2095 0

  • 1
    Jawaharlal Nehru
    Correct
    Wrong
  • 2
    Gulzari Lal Nanda
    Correct
    Wrong
  • 3
    R.R. K. Shanmukham Shetty
    Correct
    Wrong
  • 4
    Jagjivan Ram
    Correct
    Wrong
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Answer : 2. "Gulzari Lal Nanda"

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