Indian Economy Practice Question and Answer

Q:

Which of the following states has more tea plantations?

642 0

  • 1
    Aasam
    Correct
    Wrong
  • 2
    Bihar
    Correct
    Wrong
  • 3
    Meghalaya
    Correct
    Wrong
  • 4
    Manipur
    Correct
    Wrong
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Answer : 1. "Aasam"

Q:

Fiscal policy refers to–

658 0

  • 1
    Government borrowings from abroad
    Correct
    Wrong
  • 2
    Sharing of its revenue by Central Government with States
    Correct
    Wrong
  • 3
    Sale and purchase of securities by RBI
    Correct
    Wrong
  • 4
    Government taxes, expenditure and borrowings
    Correct
    Wrong
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Answer : 4. "Government taxes, expenditure and borrowings"

Q:

UNDP prepares–

926 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
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Answer : 1. "Human Development Index"

Q:

Which one of the following taxes is not a direct tax?

720 0

  • 1
    Sales tax
    Correct
    Wrong
  • 2
    Estate duty
    Correct
    Wrong
  • 3
    Gift tax
    Correct
    Wrong
  • 4
    Wealth tax
    Correct
    Wrong
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Answer : 1. "Sales tax "

Q:

The basic characteristic of a capitalistic economy is–

698 0

  • 1
    absence of monopoly
    Correct
    Wrong
  • 2
    large-scale production in primary industries
    Correct
    Wrong
  • 3
    full employment
    Correct
    Wrong
  • 4
    the private ownership of the means of production
    Correct
    Wrong
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Answer : 4. "the private ownership of the means of production"

Q:

Which state has wet agriculture in India?

900 0

  • 1
    Kerala
    Correct
    Wrong
  • 2
    Assam
    Correct
    Wrong
  • 3
    Bihar
    Correct
    Wrong
  • 4
    Gujarat
    Correct
    Wrong
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Answer : 1. "Kerala"

Q:

Which is the most suitable grain in India?

721 0

  • 1
    Wheat
    Correct
    Wrong
  • 2
    Barley
    Correct
    Wrong
  • 3
    Maize
    Correct
    Wrong
  • 4
    Rice
    Correct
    Wrong
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Answer : 4. "Rice"

Q:

Which state is the largest producer of pepper in India?

901 0

  • 1
    Tamil Nadu
    Correct
    Wrong
  • 2
    Andhra Pradesh
    Correct
    Wrong
  • 3
    Kerala
    Correct
    Wrong
  • 4
    Meghalaya
    Correct
    Wrong
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Answer : 3. "Kerala"

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