Indian Economy Practice Question and Answer
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Q: Which Indian state has the least literacy rate?
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5d932b72c263b979273f388b- 1Bihartrue
- 2Rajasthanfalse
- 3Arunachal Pradeshfalse
- 4Orissafalse
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Answer : 1. "Bihar"
Q: Where is the Headquarter of NABARD?
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5f8ea7873ca2d767b17ca5ab- 1Delhifalse
- 2Kolkatafalse
- 3Chandigarhfalse
- 4Mumbaitrue
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Answer : 4. "Mumbai "
Q: Which of the following is not an example of direct tax?
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5dad4ba3b5a6216f3cc6951a- 1Income taxfalse
- 2Property taxfalse
- 3Gift taxfalse
- 4Sales taxtrue
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Answer : 4. "Sales tax"
Q: If the RBI adopts an expansionist open market operations policy, this means that it will
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5d42aeeb29741f37c2549fa7- 1buy securities from non-government holdersfalse
- 2sell securities in the open marketfalse
- 3offer commercial banks more credit in the open markettrue
- 4openly announce to the market that it intends to expand creditfalse
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Answer : 3. " offer commercial banks more credit in the open market"
Q: Where is the headquarters of Bank of Baroda located?
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5f6c2976f9079a64e3b5f61f- 1Punefalse
- 2Kolkatafalse
- 3Vadodaratrue
- 4Mumbaifalse
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Answer : 3. "Vadodara"
Q: The process of curing inflation by reducing money supply is called
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5df9ea1436644b47cbaf2b5e- 1Cost - push inflationfalse
- 2Demand - pull inflationfalse
- 3Disinflationtrue
- 4Reflationfalse
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Answer : 3. "Disinflation"
Q: The gradation and standardization of agricultural products are conducted through
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5e20501f58cb5b7d3e76141c- 1Food Corporation of Indiafalse
- 2Directorate of Marketing and Inspectiontrue
- 3Indian Standards Institutionfalse
- 4Central Statistical Organizationfalse
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Answer : 2. "Directorate of Marketing and Inspection "
Q: Which of the following is not included in the national income?
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5efbff36e824154f4027a1c1- 1win the lotterytrue
- 2Government expenditure incurred on construction of new bridgesfalse
- 3Charged rent of houses in owner's possessionfalse
- 4None of thesefalse
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Answer : 1. "win the lottery"
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