Indian Economy Practice Question and Answer

Q:

In which of the following banks, a person cannot open his account?

947 0

  • 1
    Bank of India
    Correct
    Wrong
  • 2
    Urban Co-operative Bank
    Correct
    Wrong
  • 3
    Reserve Bank of India
    Correct
    Wrong
  • 4
    All these
    Correct
    Wrong
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Answer : 3. "Reserve Bank of India"

Q:

Who was the founder of Bank of Baroda?

942 0

  • 1
    Maharaja Sayajirao II
    Correct
    Wrong
  • 2
    Maharaja Bajirao-III
    Correct
    Wrong
  • 3
    P. karamchandra
    Correct
    Wrong
  • 4
    Maharaj Chhatrasal
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Maharaja Bajirao-III"
Explanation :

The Maharaja of Baroda, Maharaja Sayajirao Gaekwad III, founded Bank of Baroda on 20 July 1908 in the Princely State of Baroda, in Gujarat. This year, it's our 116th Foundation Day, and we've so many reasons to celebrate and cherish our journey so far.

Q:

With whose cooperation was the Durgapur Steel Plant established?

942 0

  • 1
    Germany
    Correct
    Wrong
  • 2
    Great Britain
    Correct
    Wrong
  • 3
    Russia
    Correct
    Wrong
  • 4
    France
    Correct
    Wrong
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Answer : 2. "Great Britain"

Q:

Economic survey is published by 

942 0

  • 1
    Ministry of Finance
    Correct
    Wrong
  • 2
    Planning commission
    Correct
    Wrong
  • 3
    Government of India
    Correct
    Wrong
  • 4
    Indian Statistical Institute
    Correct
    Wrong
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Answer : 1. "Ministry of Finance "

Q:

Who gave priority to the Second Five Year Plan?

936 0

  • 1
    Agriculture
    Correct
    Wrong
  • 2
    Services
    Correct
    Wrong
  • 3
    Heavy Industries
    Correct
    Wrong
  • 4
    Foreign Trade
    Correct
    Wrong
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Answer : 3. "Heavy Industries"

Q:

Which of the following is called primary field?

925 0

  • 1
    Agriculture sector
    Correct
    Wrong
  • 2
    service sector
    Correct
    Wrong
  • 3
    Industrial sector
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 1. "Agriculture sector"

Q:

UNDP prepares–

925 0

  • 1
    Human Development Index
    Correct
    Wrong
  • 2
    Standard of Living Index
    Correct
    Wrong
  • 3
    Index Number of Price Level
    Correct
    Wrong
  • 4
    Physical Quality Index
    Correct
    Wrong
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Answer : 1. "Human Development Index"

Q:

Who was the first to assess national income in India?

924 0

  • 1
    Dada Bhai Naoroji
    Correct
    Wrong
  • 2
    R.C.V Rao
    Correct
    Wrong
  • 3
    V.K.R.V Rao
    Correct
    Wrong
  • 4
    D .R. Gadanil
    Correct
    Wrong
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Answer : 1. "Dada Bhai Naoroji"

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