Indian Economy Questions Practice Question and Answer
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Q: A discount given for the purpose of increasing sales is called-
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5fb7b2d0e7381019a0b88695- 1Commercial leavetrue
- 2Cash discountfalse
- 3Discount receivedfalse
- 4None of thesefalse
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Answer : 1. "Commercial leave"
Q: What is the name of the amount from which the business is started?
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5fb7b1ab874fcb1994ba6a1a- 1Cashfalse
- 2Capitaltrue
- 3Propertyfalse
- 4None of thesefalse
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Answer : 2. "Capital"
Q: Where is the national center of organic Fertilizer production?
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5fb37b2406649f682b8ffb28- 1Hyderabadfalse
- 2Ghaziabadtrue
- 3Nellorefalse
- 4Dehradunfalse
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Answer : 2. "Ghaziabad"
Q: Which is the first state in India to enact the Food Security Act?
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5fa112d3c21c860b9724d3dd- 1Chhattisgarhtrue
- 2Gujaratfalse
- 3Biharfalse
- 4Tamil Nadufalse
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Answer : 1. "Chhattisgarh"
Q: Indian economy has a 'loose period'
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5fa1126833d1d86b9ab7247f- 1March – Aprilfalse
- 2September – Decemberfalse
- 3January – Junetrue
- 4February – Aprilfalse
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Answer : 3. "January – June"
Q: Who gave priority to the Second Five Year Plan?
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5f9fc90033d1d86b9ab17635- 1Agriculturefalse
- 2Servicesfalse
- 3Heavy Industriestrue
- 4Foreign Tradefalse
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Answer : 3. "Heavy Industries"
Q: Small farmers are defined in the country as those farmers who have holding area-
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5f9fc879a00b420b05d536df- 1Less than one hectarefalse
- 2One to two hectarestrue
- 3two to three hectaresfalse
- 4three to four hectaresfalse
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Answer : 2. "One to two hectares"
Q: 'Mumbai High' is related to?
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5f9fc4864a02db7b99b3175c- 1Steelfalse
- 2Petroleumtrue
- 3Tombfalse
- 4Jutefalse
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Answer : 2. "Petroleum"
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