Indian Economy Practice Question and Answer

Q:

'Gresham's law' is related to which of the following?

803 0

  • 1
    circulation of currency
    Correct
    Wrong
  • 2
    Supply and demand
    Correct
    Wrong
  • 3
    deficit economy
    Correct
    Wrong
  • 4
    circulation of currency
    Correct
    Wrong
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Answer : 4. "circulation of currency"

Q:

Who introduced this definition of Mudra itself which creates Mudra?

866 0

  • 1
    Marshal
    Correct
    Wrong
  • 2
    Hanson
    Correct
    Wrong
  • 3
    Crowther
    Correct
    Wrong
  • 4
    Crowmer
    Correct
    Wrong
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Answer : 4. "Crowmer"

Q:

Following region contributes most to India's GDP?

723 0

  • 1
    Primary Sector
    Correct
    Wrong
  • 2
    Tertiary sector
    Correct
    Wrong
  • 3
    Secondary sector
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "Tertiary sector"

Q:

The national income is divided by the per capita income?

734 0

  • 1
    Area of the country
    Correct
    Wrong
  • 2
    Total population of the country
    Correct
    Wrong
  • 3
    Quantity of capital used
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "Total population of the country"

Q:

Who assesses the national income numbers in India?

660 0

  • 1
    Planning Commission Ministry of Finance
    Correct
    Wrong
  • 2
    Central Statistical Organization
    Correct
    Wrong
  • 3
    Reserve Bank of India
    Correct
    Wrong
  • 4
    Reserve Bank of India
    Correct
    Wrong
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Answer : 2. "Central Statistical Organization"

Q:

What is the Hindu growth rate related to?

918 0

  • 1
    Population
    Correct
    Wrong
  • 2
    Literacy
    Correct
    Wrong
  • 3
    per capita income
    Correct
    Wrong
  • 4
    National income
    Correct
    Wrong
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Answer : 4. "National income"

Q:

Which state has the highest per capita income?

606 0

  • 1
    Gujarat
    Correct
    Wrong
  • 2
    Maharashtra
    Correct
    Wrong
  • 3
    Goa
    Correct
    Wrong
  • 4
    Punjab
    Correct
    Wrong
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Answer : 3. "Goa"

Q:

When was the National Nyadarshan established in the country?

1002 0

  • 1
    1955
    Correct
    Wrong
  • 2
    1965
    Correct
    Wrong
  • 3
    1950
    Correct
    Wrong
  • 4
    1952
    Correct
    Wrong
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Answer : 3. "1950"

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