Indian Economy Practice Question and Answer

Q:

In which account will the expenditure on the installation of new machinery be disbursed?

901 0

  • 1
    Cash account
    Correct
    Wrong
  • 2
    Machinery Account
    Correct
    Wrong
  • 3
    Profit or loss
    Correct
    Wrong
  • 4
    Installation expense account
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "Machinery Account"

Q:

UNDP prepares–

898 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
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "Human Development Index"

Q:

Which state is the largest producer of pepper in India?

895 0

  • 1
    Tamil Nadu
    Correct
    Wrong
  • 2
    Andhra Pradesh
    Correct
    Wrong
  • 3
    Kerala
    Correct
    Wrong
  • 4
    Meghalaya
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "Kerala"

Q:

Who among the following formulates the monetary policy in India?

895 0

  • 1
    Finance Commission of India
    Correct
    Wrong
  • 2
    Reserve Bank of India
    Correct
    Wrong
  • 3
    NITI Aayog
    Correct
    Wrong
  • 4
    The Ministry of Statistics and Programme Implementation
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "Reserve Bank of India "

Q:

FEMA (Foreign Exchange Management Act) was finally implemented in the year_____.

889 0

  • 1
    1991
    Correct
    Wrong
  • 2
    1997
    Correct
    Wrong
  • 3
    2002
    Correct
    Wrong
  • 4
    2007
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "2002"
Explanation :

Foreign Exchange Management Act, 1999 (FEMA) came into force by an act of Parliament. It was enacted on 29 December 1999.

Q:

Which state has wet agriculture in India?

886 0

  • 1
    Kerala
    Correct
    Wrong
  • 2
    Assam
    Correct
    Wrong
  • 3
    Bihar
    Correct
    Wrong
  • 4
    Gujarat
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "Kerala"

Q:

Which of the following is not investment  expenditure in good and servies?

885 0

  • 1
    Purchase of a house
    Correct
    Wrong
  • 2
    Purchase of a machinery
    Correct
    Wrong
  • 3
    Expansion of the main plant of a company
    Correct
    Wrong
  • 4
    An increases in business inventories
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "Purchase of a house"

Q:

Rainbow revolution is related to?

884 0

  • 1
    Blue Revolution
    Correct
    Wrong
  • 2
    Green Revolution
    Correct
    Wrong
  • 3
    White Revolution
    Correct
    Wrong
  • 4
    all of these
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "all of these"

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully