Indian Economy Practice Question and Answer

Q:

Bokaro Steel Plant has been established with the help of which country?

802 0

  • 1
    Great Britain
    Correct
    Wrong
  • 2
    France
    Correct
    Wrong
  • 3
    Russia
    Correct
    Wrong
  • 4
    none of these
    Correct
    Wrong
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Answer : 3. "Russia"

Q:

When was the Industrial Finance Corporation of India established?

718 0

  • 1
    1945
    Correct
    Wrong
  • 2
    1948
    Correct
    Wrong
  • 3
    1953
    Correct
    Wrong
  • 4
    1990
    Correct
    Wrong
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Answer : 2. "1948"

Q:

Which of the following organization provides long term finance to industries?

812 0

  • 1
    L.I.C
    Correct
    Wrong
  • 2
    G.I.C
    Correct
    Wrong
  • 3
    U.T.I
    Correct
    Wrong
  • 4
    All these
    Correct
    Wrong
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Answer : 4. "All these"

Q:

The apex organization of industrial finance in India is?

945 0

  • 1
    I.C.I.C.I
    Correct
    Wrong
  • 2
    R.B.I
    Correct
    Wrong
  • 3
    I.F.C.I
    Correct
    Wrong
  • 4
    I.D.B.I
    Correct
    Wrong
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Answer : 4. "I.D.B.I"

Q:

When was the Industrial and Financial Exchange Board established?

642 0

  • 1
    1945
    Correct
    Wrong
  • 2
    1955
    Correct
    Wrong
  • 3
    1992
    Correct
    Wrong
  • 4
    1995
    Correct
    Wrong
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Answer : 3. "1992"

Q:

In view of which of the following are cottage and small scale industries necessary in the Indian economy?

620 0

  • 1
    employment generation
    Correct
    Wrong
  • 2
    Income Generation
    Correct
    Wrong
  • 3
    low cost
    Correct
    Wrong
  • 4
    none of these
    Correct
    Wrong
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Answer : 1. "employment generation"

Q:

Which of the following is the most dynamic factor of production?

779 0

  • 1
    Capital
    Correct
    Wrong
  • 2
    Organization
    Correct
    Wrong
  • 3
    land
    Correct
    Wrong
  • 4
    Labor
    Correct
    Wrong
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Answer : 1. "Capital"

Q:

What is considered to be knowledge, technical skill, education etc. in the economy?

587 0

  • 1
    Tangible physical capital
    Correct
    Wrong
  • 2
    Working Capital
    Correct
    Wrong
  • 3
    Human Capital
    Correct
    Wrong
  • 4
    none of these
    Correct
    Wrong
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Answer : 3. "Human Capital"

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