Indian Economy Practice Question and Answer

Q:

Which state in India is the major producer of mulberry silk?

1266 0

  • 1
    Karnataka
    Correct
    Wrong
  • 2
    Kerala
    Correct
    Wrong
  • 3
    Hyderabad
    Correct
    Wrong
  • 4
    Chennai
    Correct
    Wrong
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Answer : 1. "Karnataka"

Q:

‘COPRA’   is a_______

1261 0

  • 1
    Credit Rationing Scheme
    Correct
    Wrong
  • 2
    Mega city scheme
    Correct
    Wrong
  • 3
    Consumer protection Act
    Correct
    Wrong
  • 4
    Domestic Trade protection measure
    Correct
    Wrong
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Answer : 3. "Consumer protection Act "

Q:

Who was the Deputy Chairman of the first 'Planning Commission'?

1259 0

  • 1
    Jawaharlal Nehru
    Correct
    Wrong
  • 2
    Gulzari Lal Nanda
    Correct
    Wrong
  • 3
    R.R. K. Shanmukham Shetty
    Correct
    Wrong
  • 4
    Jagjivan Ram
    Correct
    Wrong
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Answer : 2. "Gulzari Lal Nanda"

Q:

When was the first National Population Policy implemented in India?

1241 1

  • 1
    1952
    Correct
    Wrong
  • 2
    1976
    Correct
    Wrong
  • 3
    1987
    Correct
    Wrong
  • 4
    1950
    Correct
    Wrong
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Answer : 2. "1976"

Q:

In a cut motion, when the amount of demand is reduced by Rs 100/- , it is known as

1241 0

  • 1
    Disapproval of policy cut
    Correct
    Wrong
  • 2
    Economy cut
    Correct
    Wrong
  • 3
    Vote on Account
    Correct
    Wrong
  • 4
    Token cut
    Correct
    Wrong
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Answer : 4. "Token cut"

Q:

Which factor is mainly responsible for increase in demand of natural resources?

1231 0

  • 1
    Scientific advancement
    Correct
    Wrong
  • 2
    Use of biodegradable chemicals
    Correct
    Wrong
  • 3
    Increasing human population
    Correct
    Wrong
  • 4
    Environmental pollution
    Correct
    Wrong
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Answer : 3. "Increasing human population"
Explanation :

The correct answer is Increased human population. As the human population is increasing at an astounding rate, we have reached a number of 7.4 billion today. Naturally, this means that we are utilizing more and more natural resources.

Q:

Under which crop is the maximum agricultural land in India?

1228 0

  • 1
    Rice
    Correct
    Wrong
  • 2
    Cotton
    Correct
    Wrong
  • 3
    Maize
    Correct
    Wrong
  • 4
    Wheat
    Correct
    Wrong
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Answer : 1. "Rice"

Q:

Which is the most popular means of providing non institutional finance?

1226 0

  • 1
    Country Banker
    Correct
    Wrong
  • 2
    Mahajan
    Correct
    Wrong
  • 3
    Merchant
    Correct
    Wrong
  • 4
    Co-operative bank
    Correct
    Wrong
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Answer : 2. "Mahajan"

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