Indian Economy Practice Question and Answer
8 Q: Which two states of India are the leading producers of mineral oil?
754 06037699f9d90e74af72bd5bc
6037699f9d90e74af72bd5bc- 1Rajasthan and Gujaratfalse
- 2Maharashtra and Goafalse
- 3Orissa and Biharfalse
- 4Assam and Gujarattrue
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Answer : 4. "Assam and Gujarat"
Q: Which of the following Economic survey was also famous as Pink Economic survey?
752 061123f9688e0566940a28d1b
61123f9688e0566940a28d1b- 1Economic survey 2015-16false
- 2Economic survey 2016-17false
- 3Economic survey 2017-18true
- 4Economic survey 2019-2020false
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Answer : 3. "Economic survey 2017-18"
Q: As per estimates of the Planning Commission of India the target growth rate of 12th Five-Year Plan is set to
750 0601bc4847c5c886562ae88c5
601bc4847c5c886562ae88c5- 17 to 8%false
- 28.0% to 8.5%true
- 39% to 9.5%false
- 410 to 10.5%false
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Answer : 2. "8.0% to 8.5%"
Explanation :
The Approach Paper has proposed a target of 8 per cent growth for the Twelfth Plan. Health, education and skill development, environment and natural resources, and infrastructure development were the focus areas of the Twelfth Plan.
Q: GNP differs from NNP due to
748 062b2cfa7fbadac125c6b23aa
62b2cfa7fbadac125c6b23aa- 1Interest on public debtfalse
- 2depreciationtrue
- 3net indirect taxesfalse
- 4direct taxesfalse
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Answer : 2. "depreciation "
Q: India's position in the world in terms of bauxide resource is?
747 060d317ec1cefce3a61b2672a
60d317ec1cefce3a61b2672a- 13rdfalse
- 22ndfalse
- 34thfalse
- 45thtrue
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Answer : 4. "5th"
Q: Disguised unemployment is commonly seen in India.
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6052f0f84999e13f2a6bb0b1- 1In the service sectorfalse
- 2In the agricultural sectortrue
- 3Factory areafalse
- 4All thesefalse
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Answer : 2. "In the agricultural sector"
Q: Central bank of our country is
744 06266ce1de1e2a840c334873f
6266ce1de1e2a840c334873f- 1State Bank of Indiafalse
- 2Reserve Bank of Indiatrue
- 3Central Bank of Indiafalse
- 4Bank of Barodafalse
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Answer : 2. "Reserve Bank of India "
Explanation :
1. The central bank of our country is the Reserve Bank of India.
2. It is the supreme bank of India and determines the monetary policy of the country.
3. RBI was established on April 1, 1935 under the Reserve Bank of India Act, 1934.
Q: Which is the financial year from which disinvestment in public enterprises started?
743 061139725f65c04691bf24b56
61139725f65c04691bf24b56- 11970-1971false
- 21991-1992true
- 31994-1995false
- 4none of thesefalse
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