Indian Economy Practice Question and Answer

Q:

What is the demand for labor called?

2212 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?

2202 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:

In a cut motion, when the amount of demand is reduced by Rs 100/- , it is known as

2195 0

  • 1
    Disapproval of policy cut
    Correct
    Wrong
  • 2
    Economy cut
    Correct
    Wrong
  • 3
    Vote on Account
    Correct
    Wrong
  • 4
    Token cut
    Correct
    Wrong
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Answer : 4. "Token cut"

Q:

Under which crop is the maximum agricultural land in India?

2191 0

  • 1
    Rice
    Correct
    Wrong
  • 2
    Cotton
    Correct
    Wrong
  • 3
    Maize
    Correct
    Wrong
  • 4
    Wheat
    Correct
    Wrong
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Answer : 1. "Rice"

Q:

In which year was the Golden Jubilee Urban Employment Scheme launched?

2185 0

  • 1
    1995
    Correct
    Wrong
  • 2
    1990
    Correct
    Wrong
  • 3
    2000
    Correct
    Wrong
  • 4
    1997
    Correct
    Wrong
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Answer : 4. "1997"

Q:

Which country is the largest producer of litchi in the world?

2173 0

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

Q:

Which method is acceptable in the following?

2168 0

  • 1
    10 rupee note
    Correct
    Wrong
  • 2
    Check
    Correct
    Wrong
  • 3
    Draft
    Correct
    Wrong
  • 4
    All of these
    Correct
    Wrong
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Answer : 1. "10 rupee note"

Q: The purchase of shares and bonds of Indian companies by Foreign Institutional Investors is called? 2143 0

  • 1
    FDI
    Correct
    Wrong
  • 2
    Portfolio Investment
    Correct
    Wrong
  • 3
    NRI Investment
    Correct
    Wrong
  • 4
    Foreign Indirect Investment
    Correct
    Wrong
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Answer : 4. "Foreign Indirect Investment"

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