Indian Economy Practice Question and Answer

Q:

Externality theory is the basic theory of the following branch of Economics–

754 0

  • 1
    International Economics
    Correct
    Wrong
  • 2
    Environomics
    Correct
    Wrong
  • 3
    Fiscal Economics
    Correct
    Wrong
  • 4
    Macro Economics
    Correct
    Wrong
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Answer : 2. "Environomics"

Q:

Raw materials and money in hand are called _____.

1594 0

  • 1
    Human capital
    Correct
    Wrong
  • 2
    Working capital
    Correct
    Wrong
  • 3
    Factors of production
    Correct
    Wrong
  • 4
    None of the above
    Correct
    Wrong
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Answer : 2. "Working capital"

Q:

___________ unemployment happens when people are not able to find jobs during some months of the year.

1069 1

  • 1
    Disguised
    Correct
    Wrong
  • 2
    Educated
    Correct
    Wrong
  • 3
    Seasonal
    Correct
    Wrong
  • 4
    None of the above
    Correct
    Wrong
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Answer : 3. "Seasonal"

Q:

Which is the third area of economic development?

1923 0

  • 1
    Service Sector
    Correct
    Wrong
  • 2
    Science field
    Correct
    Wrong
  • 3
    Education Sector
    Correct
    Wrong
  • 4
    Agricultural sector
    Correct
    Wrong
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Answer : 1. "Service Sector"

Q:

Which is the most popular means of providing non institutional finance?

1216 0

  • 1
    Country Banker
    Correct
    Wrong
  • 2
    Mahajan
    Correct
    Wrong
  • 3
    Merchant
    Correct
    Wrong
  • 4
    Co-operative bank
    Correct
    Wrong
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Answer : 2. "Mahajan"

Q:

The Cooperative Planning Committee was formed under whose leadership?

1141 0

  • 1
    R. G. Saraiya
    Correct
    Wrong
  • 2
    Meclagan
    Correct
    Wrong
  • 3
    Horesh
    Correct
    Wrong
  • 4
    Chelmsford
    Correct
    Wrong
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Answer : 1. "R. G. Saraiya"

Q:

In which year were the Regional Rural Banks established?

953 0

  • 1
    1985
    Correct
    Wrong
  • 2
    1975
    Correct
    Wrong
  • 3
    1990
    Correct
    Wrong
  • 4
    2011
    Correct
    Wrong
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Answer : 2. "1975"

Q:

Which of the following is popular as plastic currency?

1141 0

  • 1
    A. Tm
    Correct
    Wrong
  • 2
    paper note
    Correct
    Wrong
  • 3
    Check
    Correct
    Wrong
  • 4
    Draft
    Correct
    Wrong
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Answer : 1. "A. Tm"

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