Indian Economy Practice Question and Answer

Q:

In which year the new currency Euro was introduced?

773 0

  • 1
    1997
    Correct
    Wrong
  • 2
    1998
    Correct
    Wrong
  • 3
    1999
    Correct
    Wrong
  • 4
    2001
    Correct
    Wrong
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Answer : 3. "1999"

Q:

When is National Consumer Day celebrated in India?

772 0

  • 1
    24 December
    Correct
    Wrong
  • 2
    1 March
    Correct
    Wrong
  • 3
    10 April
    Correct
    Wrong
  • 4
    10 December
    Correct
    Wrong
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Answer : 1. "24 December"

Q:

Demand for labour is–

766 1

  • 1
    Composite demand
    Correct
    Wrong
  • 2
    Competitive demand
    Correct
    Wrong
  • 3
    Derived demand
    Correct
    Wrong
  • 4
    Joint demand
    Correct
    Wrong
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Answer : 3. "Derived demand "

Q:

Out of the gross area of crops in India, the area of food grains is?

766 0

  • 1
    60-65%
    Correct
    Wrong
  • 2
    more than 70%
    Correct
    Wrong
  • 3
    more than 50%
    Correct
    Wrong
  • 4
    58%
    Correct
    Wrong
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Answer : 2. "more than 70%"

Q:

When was the Life Insurance Corporation of India established?

764 0

  • 1
    1960
    Correct
    Wrong
  • 2
    1980
    Correct
    Wrong
  • 3
    1956
    Correct
    Wrong
  • 4
    1975
    Correct
    Wrong
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Answer : 3. "1956"

Q:

Which Bank has launched its Multi Option Payment Acceptance Device (MOPAD) for digital payments?

764 1

  • 1
    PNB
    Correct
    Wrong
  • 2
    SBI
    Correct
    Wrong
  • 3
    HDFC
    Correct
    Wrong
  • 4
    Yes Bank
    Correct
    Wrong
  • 5
    ICICI
    Correct
    Wrong
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Answer : 2. "SBI"

Q:

Which of the following ministry has Launched Mobile Application “ Jan Dhan Darshak” as A Part of Financial Inclusion?

763 0

  • 1
    Finance Ministry
    Correct
    Wrong
  • 2
    Ministry of Consumer Affairs, Food and Public Distribution
    Correct
    Wrong
  • 3
    Ministry of Human Resource Development
    Correct
    Wrong
  • 4
    Ministry of Parliamentary Affairs
    Correct
    Wrong
  • 5
    Ministry of Commerce and Industry
    Correct
    Wrong
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Answer : 1. "Finance Ministry"
Explanation :

Department of Financial Services (DFS), Ministry of Finance and National Informatics Centre (NIC) has jointly developed a mobile app called Jan Dhan Darshak as a part of financial inclusion (FI) initiative .

Q:

Small farmers are defined in the country as those farmers who have holding area-

763 0

  • 1
    Less than one hectare
    Correct
    Wrong
  • 2
    One to two hectares
    Correct
    Wrong
  • 3
    two to three hectares
    Correct
    Wrong
  • 4
    three to four hectares
    Correct
    Wrong
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Answer : 2. "One to two hectares"

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