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Indian Economy General Knowledge Questions

2 years ago 2.8K Views
Q :  

"National Clean Air Programme" launched in India.

(A) 2002

(B) 2019

(C) 2017

(D) 2016

Correct Answer : B

Q :  

Which of the following statements is correct?

(A) Most workers will work for less than their reservation wage

(B) The reservation wage is the maximum amount of any firm will pay for a worker

(C) Economic rent is the difference between the market wage and the reservation wage

(D) Economic rent is the amount one must pay to enter a desirable labour market

Correct Answer : C

Q :  

With which form of economy is the term ‘Laissez-Faire’ associated?

(A) Capitalist Economy

(B) Socialist Economy

(C) Mixed Economy

(D) Command Economy

Correct Answer : A

Q :  

Who among the following promotes social justice?

(A) Herald Laski

(B) John Keynes

(C) John Rowles

(D) All of the above

Correct Answer : C

Q :  

Which state of India is called sugar bowl?

(A) Andhra Pradesh

(B) Tamil Nadu

(C) Himachal Pradesh

(D) Uttar Pradesh

Correct Answer : D

Q :  

Where is India's first Iron Steel Company located?

(A) Jamshedpur

(B) Hirapur

(C) Mumbai

(D) Guwahati

Correct Answer : A

Q :  

India's largest coffee producing state?

(A) Karnataka

(B) Maharashtra

(C) Gujarat

(D) Uttar Pradesh

Correct Answer : A

Q :  

In which of the following industrial policies, small scale industries were given more emphasis?

(A) 1948 Industrial Policy

(B) 1956 Industrial Policy

(C) 1977 Industrial Policy

(D) none of these

Correct Answer : C

Q :  

Does the federal budget receive maximum income from?

(A) income tax

(B) Corporate tax

(C) Excise duty

(D) Custom Duty

Correct Answer : C

Q :  

Which one of the following industries employs maximum labor force in India?

(A) Cement Industry

(B) Textile Industry

(C) Jute Industry

(D) iron-steel industry

Correct Answer : B

 

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