Indian Economy Questions Practice Question and Answer
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Q: Foreign currency which has a tendency of quick migration is called -
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5f4cd44482369c1d610e70bb- 1Gold currencyfalse
- 2Hot currencytrue
- 3Scarce currencyfalse
- 4Soft currencyfalse
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Answer : 2. "Hot currency "
Q: What is the tagline of UCO Bank?
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5f6c291a884ff270def79ad2- 1Where every individual is committedfalse
- 2Faithful and Friendlyfalse
- 3Honors Your Trusttrue
- 4Good people to bank withfalse
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Answer : 3. "Honors Your Trust"
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: Knowledge, technical skill, education etc. in economics, are regarded as
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5f3685f4a27d450be2f51a75- 1tangible physical capitalfalse
- 2working capitalfalse
- 3social-overhead capitalfalse
- 4human capitaltrue
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Answer : 4. "human capital "
Q: In which the following is not directly controlled by RBI?
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5f914529d6785c0fc0d9ad48- 1Bank ratefalse
- 2Repo ratefalse
- 3Base ratetrue
- 4Cash Reserve Ratiofalse
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Answer : 3. "Base rate "
Q: Excise duty on a commodity is payable with reference to its
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5f3684b85ea8a017a5b644f1- 1production , transportation and salefalse
- 2productiontrue
- 3production and salefalse
- 4production and transportationfalse
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Answer : 2. "production "
Q: Deficit financing means the government borrows money from the –
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5e857ba65dddbb6ef018e63f- 1International Monetary Fundfalse
- 2Ministry of Financefalse
- 3Reserve Bank of Indiatrue
- 4World Trade Organizationfalse
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Answer : 3. "Reserve Bank of India "
Q: Which of the statements is correct about India's national income?
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5dfca67c40c34473ac86cc32- 1Percentage share of agriculture is higher than servicesfalse
- 2Percentage share of industry is higher than agriculturefalse
- 3Percentage share of services is higher than industryfalse
- 4Percentage share of services is higher than agriculture and industry put togethertrue
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Answer : 4. "Percentage share of services is higher than agriculture and industry put together "
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