Indian Economy Practice Question and Answer
8 Q: What is the Hindu growth rate related to?
918 06052f333a37d522d6c187861
6052f333a37d522d6c187861- 1Populationfalse
- 2Literacyfalse
- 3per capita incomefalse
- 4National incometrue
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Answer : 4. "National income"
Q: Rainbow revolution is related to?
908 06142dea456320f13fbcbbfe6
6142dea456320f13fbcbbfe6- 1Blue Revolutionfalse
- 2Green Revolutionfalse
- 3White Revolutionfalse
- 4all of thesetrue
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Answer : 4. "all of these"
Q: In which account will the expenditure on the installation of new machinery be disbursed?
908 05fb7b371e7381019a0b886e8
5fb7b371e7381019a0b886e8- 1Cash accountfalse
- 2Machinery Accounttrue
- 3Profit or lossfalse
- 4Installation expense accountfalse
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Answer : 2. "Machinery Account"
Q: Who among the following formulates the monetary policy in India?
906 060939266b8018e6486aedf6b
60939266b8018e6486aedf6b- 1Finance Commission of Indiafalse
- 2Reserve Bank of Indiatrue
- 3NITI Aayogfalse
- 4The Ministry of Statistics and Programme Implementationfalse
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Answer : 2. "Reserve Bank of India "
Q: FEMA (Foreign Exchange Management Act) was finally implemented in the year_____.
905 0611245fd88e0566940a2af54
611245fd88e0566940a2af54- 11991false
- 21997false
- 32002true
- 42007false
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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 of the following is not investment expenditure in good and servies?
904 05f02a55d7a5a806340b11306
5f02a55d7a5a806340b11306- 1Purchase of a housetrue
- 2Purchase of a machineryfalse
- 3Expansion of the main plant of a companyfalse
- 4An increases in business inventoriesfalse
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Answer : 1. "Purchase of a house"
Q: The Micro, Small and Medium Enterprises Development Act was passed in the year ____.
903 15fe2e3034c864b4aa0e43f83
5fe2e3034c864b4aa0e43f83- 12002false
- 22006true
- 32004false
- 42008false
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Answer : 2. "2006"
Explanation :
Notification for enforcement of MSME Act, 2006, The Provisions of the Micro, Small and Medium Enterprises Development Act, 2006 (27 of 2006) shall come into force from 2nd October, 2006.
Q: Which state is the largest producer of pepper in India?
901 060376a93cd43d04a8f4b7190
60376a93cd43d04a8f4b7190- 1Tamil Nadufalse
- 2Andhra Pradeshfalse
- 3Keralatrue
- 4Meghalayafalse
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