Indian Economy Practice Question and Answer

Q:

Which of the following is called the ‘father of white revolution’ in India? 

486 0

  • 1
    Hargovind Khurana
    Correct
    Wrong
  • 2
    V. Kurien
    Correct
    Wrong
  • 3
    M.S. Swaminathan
    Correct
    Wrong
  • 4
    P.K. Sethi
    Correct
    Wrong
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Answer : 2. "V. Kurien"

Q:

GNP differs from NNP due to 

747 0

  • 1
    Interest on public debt
    Correct
    Wrong
  • 2
    depreciation
    Correct
    Wrong
  • 3
    net indirect taxes
    Correct
    Wrong
  • 4
    direct taxes
    Correct
    Wrong
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Answer : 2. "depreciation "

Q:

If the interest rate is decreased in an economy, it will

451 0

  • 1
    increase the investment expenditure in the economy
    Correct
    Wrong
  • 2
    increase the total savings in the economy
    Correct
    Wrong
  • 3
    increase the total savings in the economy
    Correct
    Wrong
  • 4
    decrease the consumption expenditure in the economy
    Correct
    Wrong
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Answer : 1. "increase the investment expenditure in the economy"

Q:

National Insurance Awareness Day was observed on which day?

718 0

  • 1
    26 June
    Correct
    Wrong
  • 2
    27 June
    Correct
    Wrong
  • 3
    28 June
    Correct
    Wrong
  • 4
    29 June
    Correct
    Wrong
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Answer : 3. "28 June"

Q:

Which of the following country is not included in the category of top-5 gold holder countries of the world?

672 0

  • 1
    China
    Correct
    Wrong
  • 2
    America
    Correct
    Wrong
  • 3
    Germany
    Correct
    Wrong
  • 4
    Italy
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "China"

Q:

Which Bank has launched its Multi Option Payment Acceptance Device (MOPAD) for digital payments?

764 1

  • 1
    PNB
    Correct
    Wrong
  • 2
    SBI
    Correct
    Wrong
  • 3
    HDFC
    Correct
    Wrong
  • 4
    Yes Bank
    Correct
    Wrong
  • 5
    ICICI
    Correct
    Wrong
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Answer : 2. "SBI"

Q:

Which under crop is the maximum agricultural land in India?

1094 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:

The Indian economy can be appropriately described as a: 

960 0

  • 1
    Traditional economy
    Correct
    Wrong
  • 2
    Mixed economy
    Correct
    Wrong
  • 3
    Capitalist economy
    Correct
    Wrong
  • 4
    Socialist economy
    Correct
    Wrong
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Answer : 2. "Mixed economy "

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