Indian Economy Practice Question and Answer

Q:

Cause of Inflation is -

1101 0

  • 1
    Increase in money supply
    Correct
    Wrong
  • 2
    Fall in production
    Correct
    Wrong
  • 3
    Increases in money supply and fall in production
    Correct
    Wrong
  • 4
    Decrease in money supply and fall in production
    Correct
    Wrong
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Answer : 3. "Increases in money supply and fall in production "

Q:

'Shining Star' is a symbol of which bank?

1101 0

  • 1
    Bank of Baroda
    Correct
    Wrong
  • 2
    Bank of India
    Correct
    Wrong
  • 3
    Indian Bank
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "Bank of India"

Q:

When was the Commission for Agricultural Costs and Commission established?

1086 0

  • 1
    1960
    Correct
    Wrong
  • 2
    1965
    Correct
    Wrong
  • 3
    1966
    Correct
    Wrong
  • 4
    1969
    Correct
    Wrong
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Answer : 2. "1965 "

Q:

Which of the following are not functions of currency?

1083 0

  • 1
    Medium
    Correct
    Wrong
  • 2
    Measurement
    Correct
    Wrong
  • 3
    Payment
    Correct
    Wrong
  • 4
    Writing and editing
    Correct
    Wrong
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Answer : 4. "Writing and editing"

Q:

___________ unemployment happens when people are not able to find jobs during some months of the year.

1069 1

  • 1
    Disguised
    Correct
    Wrong
  • 2
    Educated
    Correct
    Wrong
  • 3
    Seasonal
    Correct
    Wrong
  • 4
    None of the above
    Correct
    Wrong
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Answer : 3. "Seasonal"

Q:

Which under crop is the maximum agricultural land in India?

1065 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:

Stagflation is defined as

1059 0

  • 1
    high inflation, low growth, high unemployment
    Correct
    Wrong
  • 2
    high inflation, low growth, high unemployment
    Correct
    Wrong
  • 3
    high inflation, high growth, high unemployment
    Correct
    Wrong
  • 4
    low inflation, high growth, low unemployment
    Correct
    Wrong
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Answer : 2. "high inflation, low growth, high unemployment "

Q:

Which multinational company bought 'Thums Up' brand of Parle Group?

1056 0

  • 1
    Nokia
    Correct
    Wrong
  • 2
    Reebok
    Correct
    Wrong
  • 3
    L. G.
    Correct
    Wrong
  • 4
    Coca-Cola
    Correct
    Wrong
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Answer : 4. "Coca-Cola"

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