Indian Economy Practice Question and Answer

Q:

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

1733 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 state in India is the major producer of mulberry silk?

1727 0

  • 1
    Karnataka
    Correct
    Wrong
  • 2
    Kerala
    Correct
    Wrong
  • 3
    Hyderabad
    Correct
    Wrong
  • 4
    Chennai
    Correct
    Wrong
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Answer : 1. "Karnataka"

Q:

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

1721 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:

Purchasing Power Parity theory is related with 

1709 0

  • 1
    Wage rate
    Correct
    Wrong
  • 2
    Exchange rate
    Correct
    Wrong
  • 3
    Interest rate
    Correct
    Wrong
  • 4
    Bank rate
    Correct
    Wrong
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Answer : 2. "Exchange rate "

Q:

In which year was the National Income Committee formed?

1664 0

  • 1
    1950
    Correct
    Wrong
  • 2
    1949
    Correct
    Wrong
  • 3
    1948
    Correct
    Wrong
  • 4
    1960
    Correct
    Wrong
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Answer : 2. "1949"

Q:

Which metal is most used as currency?

1644 0

  • 1
    Iron
    Correct
    Wrong
  • 2
    Copper
    Correct
    Wrong
  • 3
    Brass
    Correct
    Wrong
  • 4
    Silver and Gold
    Correct
    Wrong
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Answer : 4. "Silver and Gold"

Q:

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

1639 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"

Q:

In which crop the most disappointing result of Green Revolution was seen?

1637 0

  • 1
    Pulses
    Correct
    Wrong
  • 2
    Maize
    Correct
    Wrong
  • 3
    Oilseeds
    Correct
    Wrong
  • 4
    Soyabean
    Correct
    Wrong
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Answer : 1. "Pulses"

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