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Indian Economy General Knowledge Questions and Answers for SSC and Bank Exams

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Q :  

What do you understand by closed economy?

(A) Import off

(B) Export stopped

(C) controlled capital

(D) Stop Import-Export

Correct Answer : D

Q :  

Which state of India has the highest percentage of poor?

(A) Orissa

(B) Vihar

(C) Jharkhand

(D) Chhattisgarh

Correct Answer : C

Q :  

In an economy, on what basis are sectors classified into public and private?

(A) Terms of employment

(B) Ownership of enterprises

(C) Use of raw materials

(D) None of these

Correct Answer : B

Q :  

When was the National Nyadarshan established in the country?

(A) 1955

(B) 1965

(C) 1950

(D) 1952

Correct Answer : C

Q :  

Whose method is used in calculating national income in India?

(A) Income Law

(B) Origin calculation method

(C) Both (A) and (B)

(D) None of these

Correct Answer : C

Q :  

UNDP prepares–

(A) Human Development Index

(B) Standard of Living Index

(C) Index Number of Price Level

(D) Physical Quality Index

Correct Answer : A

Q :  

Which of the following states has more tea plantations?

(A) Aasam

(B) Bihar

(C) Meghalaya

(D) Manipur

Correct Answer : A

Q :  

Which of the following states of India has the highest amount of coal?

(A) Maharashtra

(B) Orissa

(C) Gujarat

(D) Rajasthan

Correct Answer : B

Q :  

There is mostly unemployment in India?

(A) cyclic

(B) Structural

(C) Technology

(D) Frictional

Correct Answer : B

Q :  

The Human Development Index is attributed to which economist?

(A) Mehboob-ul-Haq

(B) Amartya Sen

(C) Johnson

(D) None of these

Correct Answer : A

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