Indian Economy Practice Question and Answer
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650ace4f7cef9d5024532e82 Answer : 1. "Excess socialistic approach in society"
Q: Which of the following guarantees the purity of food items?
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603768ea9d90e74af72bd493- 1Hallmarkfalse
- 2Agmarktrue
- 3Bullmarkfalse
- 4ISI markfalse
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Answer : 2. "Agmark"
Q: Is the government agency responsible for estimating national income in India?
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5efbfec00a52267797b6b4d5- 1Indian Statistical Organizationfalse
- 2Central Statistical Organizationtrue
- 3Organization Indian Reserve Bankfalse
- 4None of thesefalse
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Answer : 2. "Central Statistical Organization"
Q: Bank rate is the rate at which—
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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: Which of the following countries has a mixed economy?
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5f7d4fc81e5cb657ce31da52- 1Americafalse
- 2Indiatrue
- 3Chinafalse
- 4Russiafalse
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Answer : 2. "India"
Q: Under which crop is the maximum agricultural land in India?
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5efbfc7f30aa3b4ee606a66e- 1Ricetrue
- 2Cottonfalse
- 3Maizefalse
- 4Wheatfalse
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Answer : 1. "Rice"
Q: Which of the following is a better measurement of Economic Development?
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5f4cd3bb82369c1d610e6f62- 1NNPtrue
- 2Per capita incomefalse
- 3GDPfalse
- 4Disposable incomefalse
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Answer : 1. "NNP "
Q: By whom is the truck named Ashok Leyland produced?
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5f02a1c8ce72ee4f9c9c1782- 1Tatafalse
- 2Hindujatrue
- 3Birlafalse
- 4Godrejfalse
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Answer : 2. "Hinduja"
Q: Socialism is successful in achieving because of–
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650ace4f7cef9d5024532e82- 1Excess socialistic approach in societytrue
- 2To increase standard of livingfalse
- 3Equal distribution of incomefalse
- 4None of the abovefalse
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Answer : 1. "Excess socialistic approach in society"
Explanation :
Explain: -Making social welfare is the success of socialism
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