Indian Economy Questions Practice Question and Answer
8 Q: _____ is the primary sector of the Indian economy.
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60f7b99416158a5eeda86c64- 1Bankingfalse
- 2Information and Technologyfalse
- 3Agriculturetrue
- 4Judiciaryfalse
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Answer : 3. "Agriculture"
Q: Externality theory is the basic theory of the following branch of Economics–
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60123f07178b94051cee4942- 1International Economicsfalse
- 2Environomicstrue
- 3Fiscal Economicsfalse
- 4Macro Economicsfalse
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Answer : 2. "Environomics"
Q: Demand for labour is–
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601bcfb908ff1450d911cf9c- 1Composite demandfalse
- 2Competitive demandfalse
- 3Derived demandtrue
- 4Joint demandfalse
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Answer : 3. "Derived demand "
Q: Which Bank has launched its Multi Option Payment Acceptance Device (MOPAD) for digital payments?
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6182342535a48953d117847b- 1PNBfalse
- 2SBItrue
- 3HDFCfalse
- 4Yes Bankfalse
- 5ICICIfalse
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Answer : 2. "SBI"
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: Which of the following ministry has Launched Mobile Application “ Jan Dhan Darshak” as A Part of Financial Inclusion?
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62e3b4ff723ac56e88648649- 1Finance Ministrytrue
- 2Ministry of Consumer Affairs, Food and Public Distributionfalse
- 3Ministry of Human Resource Developmentfalse
- 4Ministry of Parliamentary Affairsfalse
- 5Ministry of Commerce and Industryfalse
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Answer : 1. "Finance Ministry"
Explanation :
Department of Financial Services (DFS), Ministry of Finance and National Informatics Centre (NIC) has jointly developed a mobile app called Jan Dhan Darshak as a part of financial inclusion (FI) initiative .
Q: Which of the following Economic survey was also famous as Pink Economic survey?
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61123f9688e0566940a28d1b- 1Economic survey 2015-16false
- 2Economic survey 2016-17false
- 3Economic survey 2017-18true
- 4Economic survey 2019-2020false
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Answer : 3. "Economic survey 2017-18"
Q: As per estimates of the Planning Commission of India the target growth rate of 12th Five-Year Plan is set to
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601bc4847c5c886562ae88c5- 17 to 8%false
- 28.0% to 8.5%true
- 39% to 9.5%false
- 410 to 10.5%false
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Answer : 2. "8.0% to 8.5%"
Explanation :
The Approach Paper has proposed a target of 8 per cent growth for the Twelfth Plan. Health, education and skill development, environment and natural resources, and infrastructure development were the focus areas of the Twelfth Plan.