Indian Economy Practice Question and Answer

Q:

Which of the following Economic survey was also famous as Pink Economic survey?

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  • 1
    Economic survey 2015-16
    Correct
    Wrong
  • 2
    Economic survey 2016-17
    Correct
    Wrong
  • 3
    Economic survey 2017-18
    Correct
    Wrong
  • 4
    Economic survey 2019-2020
    Correct
    Wrong
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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

732 0

  • 1
    7 to 8%
    Correct
    Wrong
  • 2
    8.0% to 8.5%
    Correct
    Wrong
  • 3
    9% to 9.5%
    Correct
    Wrong
  • 4
    10 to 10.5%
    Correct
    Wrong
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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:

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

732 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:

Disguised unemployment is commonly seen in India.

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  • 1
    In the service sector
    Correct
    Wrong
  • 2
    In the agricultural sector
    Correct
    Wrong
  • 3
    Factory area
    Correct
    Wrong
  • 4
    All these
    Correct
    Wrong
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Answer : 2. "In the agricultural sector"

Q:

Which is the financial year from which disinvestment in public enterprises started?

731 0

  • 1
    1970-1971
    Correct
    Wrong
  • 2
    1991-1992
    Correct
    Wrong
  • 3
    1994-1995
    Correct
    Wrong
  • 4
    none of these
    Correct
    Wrong
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Answer : 2. "1991-1992"

Q:

GNP differs from NNP due to 

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  • 1
    Interest on public debt
    Correct
    Wrong
  • 2
    depreciation
    Correct
    Wrong
  • 3
    net indirect taxes
    Correct
    Wrong
  • 4
    direct taxes
    Correct
    Wrong
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Answer : 2. "depreciation "

Q:

India's position in the world in terms of bauxide resource is?

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

Q:

The national income is divided by the per capita income?

725 0

  • 1
    Area of the country
    Correct
    Wrong
  • 2
    Total population of the country
    Correct
    Wrong
  • 3
    Quantity of capital used
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "Total population of the country"

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