Economics Important Questions

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Economics-Important-Questions


Indian Economics GK Questions

Q.30 The aim of which of the Five Year Plans was to correct the disequilibrium in the economy?

(A) First Five Year Plan

(B) Second Five Year Plan

(C) Third Five Year Plan

(D) Fourth Five Year Plan


Ans .   A

Q.31 Which of the following Five Year Plans recognized human development as the core of all developmental efforts?

(A) Eighth Five Year Plan

(B) Seventh Five Year Plan

(C) Fifth Five Year Plan

(D) Third Five Year Plan


Ans .   A

Q.32 Which country is not a member of SAARC?

(A) Pakistan        

(B) Myanmar

(C) India               

(D) Bangladesh


Ans .   B

Q.33 Who is the father of Economics?

(A) Max Mullar  

(B) Adam Smith

(C) Karl Marx      

(D) None of these above


Ans .   B

Q.34 Indian Economy is :

(A) Socialistic Economy  

(B) Ghandian Economy

(C) Mixed Economy         

(D) Free Economy


Ans .   C

Q.35 Mixed Economy means an economy where

(A) both agriculture and industry are equally permotod by the states

(B) there is co-existence of public sector along with private sector

(C) there is importance of small scale industries along with heavy industries

(D) economy is controlled by military as well as civilian rulers 


Ans .   B

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    Rajesh Bhatia

    A Writer, Teacher and GK Expert. I am an M.A. & M.Ed. in English Literature and Political Science. I am highly keen and passionate about reading Indian History. Also, I like to mentor students about how to prepare for a competitive examination. Share your concerns with me by comment box. Also, you can ask anything at linkedin.com/in/rajesh-bhatia-7395a015b/.

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