Indian Economy Questions Practice Question and Answer

Q:

A discount given for the purpose of increasing sales is called-

1126 0

  • 1
    Commercial leave
    Correct
    Wrong
  • 2
    Cash discount
    Correct
    Wrong
  • 3
    Discount received
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 1. "Commercial leave"

Q:

What is the name of the amount from which the business is started?

804 0

  • 1
    Cash
    Correct
    Wrong
  • 2
    Capital
    Correct
    Wrong
  • 3
    Property
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "Capital"

Q:

Where is the national center of organic Fertilizer production?

887 0

  • 1
    Hyderabad
    Correct
    Wrong
  • 2
    Ghaziabad
    Correct
    Wrong
  • 3
    Nellore
    Correct
    Wrong
  • 4
    Dehradun
    Correct
    Wrong
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Answer : 2. "Ghaziabad"

Q:

Which is the first state in India to enact the Food Security Act?

2512 0

  • 1
    Chhattisgarh
    Correct
    Wrong
  • 2
    Gujarat
    Correct
    Wrong
  • 3
    Bihar
    Correct
    Wrong
  • 4
    Tamil Nadu
    Correct
    Wrong
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Answer : 1. "Chhattisgarh"

Q:

Indian economy has a 'loose period'

3761 0

  • 1
    March – April
    Correct
    Wrong
  • 2
    September – December
    Correct
    Wrong
  • 3
    January – June
    Correct
    Wrong
  • 4
    February – April
    Correct
    Wrong
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Answer : 3. "January – June"

Q:

Who gave priority to the Second Five Year Plan?

936 0

  • 1
    Agriculture
    Correct
    Wrong
  • 2
    Services
    Correct
    Wrong
  • 3
    Heavy Industries
    Correct
    Wrong
  • 4
    Foreign Trade
    Correct
    Wrong
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Answer : 3. "Heavy Industries"

Q:

Small farmers are defined in the country as those farmers who have holding area-

761 0

  • 1
    Less than one hectare
    Correct
    Wrong
  • 2
    One to two hectares
    Correct
    Wrong
  • 3
    two to three hectares
    Correct
    Wrong
  • 4
    three to four hectares
    Correct
    Wrong
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Answer : 2. "One to two hectares"

Q:

'Mumbai High' is related to?

960 0

  • 1
    Steel
    Correct
    Wrong
  • 2
    Petroleum
    Correct
    Wrong
  • 3
    Tomb
    Correct
    Wrong
  • 4
    Jute
    Correct
    Wrong
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Answer : 2. "Petroleum"

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