Indian Economy Questions Practice Question and Answer

Q:

The tree like structure of records in a database in-

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  • 1
    Network Model
    Correct
    Wrong
  • 2
    Hierarchical Model
    Correct
    Wrong
  • 3
    Relational Model
    Correct
    Wrong
  • 4
    Multi-Dimenmoral Model
    Correct
    Wrong
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Answer : 2. "Hierarchical Model"
Explanation :

Explain: -Hierarchical structures were widely used in the early mainframe database management system, such as the Information Management System

Q:

Socialism is successful in achieving because of–

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  • 1
    Excess socialistic approach in society
    Correct
    Wrong
  • 2
    To increase standard of living
    Correct
    Wrong
  • 3
    Equal distribution of income
    Correct
    Wrong
  • 4
    None of the above
    Correct
    Wrong
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Answer : 1. "Excess socialistic approach in society"
Explanation :

Explain: -Making social welfare is the success of socialism

Q:

Due to worldwide great depression, ‘New Deal’ was declared by?

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  • 1
    Abhraham Lincon
    Correct
    Wrong
  • 2
    Benzamin Frankllin
    Correct
    Wrong
  • 3
    J.F. Kennedy
    Correct
    Wrong
  • 4
    Roozwelt
    Correct
    Wrong
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Answer : 4. "Roozwelt"
Explanation :

Explain: -New Deal definition. A group of government programs and policies established under President Franklin D. Roosevelt in the 1930s; the New Deal was designed to improve conditions for persons suffering in the Great Depression.

Q:

The Relationship between rate of interest and consumption level was firstly estimated by–

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  • 1
    Amartya Sen
    Correct
    Wrong
  • 2
    Milton Freedman
    Correct
    Wrong
  • 3
    Irwing Fischer
    Correct
    Wrong
  • 4
    James Duezan Berry
    Correct
    Wrong
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Answer : 2. "Milton Freedman "
Explanation :

Explain: -With increase in rate of interest there is decrease in consumption level i.e. there is inverse relation between rate of interest and consumption level.

Q:

Who among the following became the first Chief Minister of the National Capital Territory of Delhi in 1993?

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  • 1
    Madan Lal Khurana
    Correct
    Wrong
  • 2
    Sheila Dixit
    Correct
    Wrong
  • 3
    Sushma Swaraj
    Correct
    Wrong
  • 4
    Sahib Singh Verma
    Correct
    Wrong
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Answer : 1. "Madan Lal Khurana"
Explanation :

1. Madan Lal Khurana (15 October 1936 – 27 October 2018) was an Indian politician and former Chief Minister of Delhi from 1993 to 1996.

2. He was succeeded by Gurmukh Nihal Singh of the Indian National Congress, who held the post for just one year in 1955.

3. The States Reorganization Act, 1956 made Delhi a union territory under central control.

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