Indian Economy Practice Question and Answer

Q:

What is the name of the amount from which the business is started?

804 0

  • 1
    Cash
    Correct
    Wrong
  • 2
    Capital
    Correct
    Wrong
  • 3
    Property
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "Capital"

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:

Which of the following committee is not associated to the estimation of poverty in India?

802 0

  • 1
    V.K. Alagh Committee
    Correct
    Wrong
  • 2
    Suresh Tendulkar Committee
    Correct
    Wrong
  • 3
    Rangarajan Committee
    Correct
    Wrong
  • 4
    Vijay Kelkar Committee
    Correct
    Wrong
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Answer : 4. "Vijay Kelkar Committee"
Explanation :

It is related to the assessment of poverty in India.

(A) V.K. Alagh Committee

(B) Suresh Tendulkar Committee

(C) Rangarajan Committee

Q:

What is the rank of India in the world in terms of rice export?

802 0

  • 1
    2nd
    Correct
    Wrong
  • 2
    3rd
    Correct
    Wrong
  • 3
    4th
    Correct
    Wrong
  • 4
    5th
    Correct
    Wrong
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Answer : 1. "2nd"

Q:

Which state of India has the highest percentage of poor?

798 0

  • 1
    Orissa
    Correct
    Wrong
  • 2
    Vihar
    Correct
    Wrong
  • 3
    Jharkhand
    Correct
    Wrong
  • 4
    Chhattisgarh
    Correct
    Wrong
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Answer : 3. "Jharkhand"

Q:

Who is the body regulating stock exchanges in India?

797 0

  • 1
    N.S.E
    Correct
    Wrong
  • 2
    S.E.B.I
    Correct
    Wrong
  • 3
    R.B.I.
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "S.E.B.I"

Q:

The state which stands first in per capita income is

796 0

  • 1
    Bihar
    Correct
    Wrong
  • 2
    Maharashtra
    Correct
    Wrong
  • 3
    Punjab
    Correct
    Wrong
  • 4
    Kerala
    Correct
    Wrong
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Answer : 2. "Maharashtra "

Q:

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

793 0

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

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