Indian Economy Practice Question and Answer

Q:

Who contributes most to India's national income?

1210 0

  • 1
    Primary Sector
    Correct
    Wrong
  • 2
    Secondary sector
    Correct
    Wrong
  • 3
    Tertiary sector
    Correct
    Wrong
  • 4
    All equal
    Correct
    Wrong
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Answer : 3. "Tertiary sector"

Q:

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

1209 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:

An area which supports the economy and export trade of a sea port is called its ______.

1206 0

  • 1
    Trade land
    Correct
    Wrong
  • 2
    Hinter land
    Correct
    Wrong
  • 3
    Import land
    Correct
    Wrong
  • 4
    Export land
    Correct
    Wrong
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Answer : 2. "Hinter land"

Q:

Which country is the largest producer of litchi in the world?

1204 0

  • 1
    India
    Correct
    Wrong
  • 2
    Nepal
    Correct
    Wrong
  • 3
    Russia
    Correct
    Wrong
  • 4
    China
    Correct
    Wrong
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Answer : 1. "India"

Q:

India's largest mineral-oil field is?

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  • 1
    Cauvery Basin
    Correct
    Wrong
  • 2
    Kutch Basin
    Correct
    Wrong
  • 3
    Assam Region
    Correct
    Wrong
  • 4
    Bombay Offshore Area
    Correct
    Wrong
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Answer : 4. "Bombay Offshore Area"

Q:

Which of the following industries has the highest labor force in India?

1181 0

  • 1
    Cement Industry
    Correct
    Wrong
  • 2
    textile industry
    Correct
    Wrong
  • 3
    Jute Industry
    Correct
    Wrong
  • 4
    Iron-steel industry
    Correct
    Wrong
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Answer : 2. "textile industry"
Explanation :

In 2021, 43.96 percent of the workforce in India were employed in agriculture, while the other half was almost evenly distributed among the two other sectors, industry and services. While the share of Indians working in agriculture is declining, it is still the main sector of employment.

Q:

Who suggested to recover from the terrible economic slowdown of Teesa?

1173 0

  • 1
    Prof. Cannes
    Correct
    Wrong
  • 2
    Malthus
    Correct
    Wrong
  • 3
    Amartya Sen
    Correct
    Wrong
  • 4
    Dada Bhai Naoroji
    Correct
    Wrong
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Answer : 1. "Prof. Cannes"

Q:

When was the Bombay Stock Exchange established?

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  • 1
    1890 A.D.
    Correct
    Wrong
  • 2
    1865 A.D.
    Correct
    Wrong
  • 3
    1875 A.D.
    Correct
    Wrong
  • 4
    1881 A.D.
    Correct
    Wrong
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Answer : 3. "1875 A.D."

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