Indian Economy Practice Question and Answer
8 4 Q:
60125f788f4dda4a277cf829 Answer : 3. "Providing financial support to the countries having deficit balance of payments"
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Q: Which one of the following is not a clause of the World Trade Organisation?
777 160125f788f4dda4a277cf829
60125f788f4dda4a277cf829- 1Lowering trade barriers with negotiationsfalse
- 2Most favoured nation treatmentfalse
- 3Providing financial support to the countries having deficit balance of paymentstrue
- 4Discouraging unfair trade practices such as anti-dumping and export subsidiesfalse
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Answer : 3. "Providing financial support to the countries having deficit balance of payments"
Explanation :
Providing financial support to the countries having deficit balance of payments.
Q: Stagflation condition is?
773 0611390eb88e0566940a6c9e5
611390eb88e0566940a6c9e5- 1deadlock and recessionfalse
- 2stagnation and inflationtrue
- 3deadlock and deflationfalse
- 4none of thesefalse
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Answer : 2. "stagnation and inflation"
Q: How much of India's population is dependent on agricultural industry?
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5f7d4e1590b25c12b1ef7384- 160%false
- 270%false
- 358.9%true
- 4Othersfalse
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Answer : 3. "58.9%"
Q: _____ is the primary sector of the Indian economy.
769 060f7b99416158a5eeda86c64
60f7b99416158a5eeda86c64- 1Bankingfalse
- 2Information and Technologyfalse
- 3Agriculturetrue
- 4Judiciaryfalse
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Answer : 3. "Agriculture"
Q: In which year the new currency Euro was introduced?
764 060d312c764466567bd754d67
60d312c764466567bd754d67- 11997false
- 21998false
- 31999true
- 42001false
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Answer : 3. "1999"
Q: The Bombay Stock Exchange established was?
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6088fdf70ac1df7d9f7ff429- 11890false
- 21865false
- 31875true
- 41881false
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Answer : 3. "1875 "
Q: When is National Consumer Day celebrated in India?
760 0603768969792c13b2858a0d7
603768969792c13b2858a0d7- 124 Decembertrue
- 21 Marchfalse
- 310 Aprilfalse
- 410 Decemberfalse
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Answer : 1. "24 December"
Q: What are the different grounds for explaining economic development?
760 05f7d50d01e5cb657ce31e32b
5f7d50d01e5cb657ce31e32b- 1Gross National Productfalse
- 2per capita incomefalse
- 3Basis of economic welfarefalse
- 4All of thesetrue
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Answer : 4. "All of these"
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