Indian Economy Practice Question and Answer

Q:

The national income is divided by the per capita income?

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  • 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"

Q:

Which country is the largest consumer of gold in the world?

730 0

  • 1
    Japan
    Correct
    Wrong
  • 2
    India
    Correct
    Wrong
  • 3
    Russia
    Correct
    Wrong
  • 4
    France
    Correct
    Wrong
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Answer : 2. "India"

Q:

A foreign currency which has a tendency to migrate soon is called?

728 0

  • 1
    soft currency
    Correct
    Wrong
  • 2
    Savarna Mudra
    Correct
    Wrong
  • 3
    Hot money
    Correct
    Wrong
  • 4
    Rare currency
    Correct
    Wrong
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Answer : 3. "Hot money"

Q:

When was the Human Rights Commission established?

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  • 1
    1993
    Correct
    Wrong
  • 2
    1994
    Correct
    Wrong
  • 3
    1995
    Correct
    Wrong
  • 4
    2005
    Correct
    Wrong
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Answer : 1. "1993"

Q:

Which one of the following items is in line with the definition of oligopoly?

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  • 1
    Cigarette Industry
    Correct
    Wrong
  • 2
    Barber Shop
    Correct
    Wrong
  • 3
    Gasoline Station
    Correct
    Wrong
  • 4
    Farmers who grow wheat
    Correct
    Wrong
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Answer : 1. "Cigarette Industry"

Q:

Following region contributes most to India's GDP?

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  • 1
    Primary Sector
    Correct
    Wrong
  • 2
    Tertiary sector
    Correct
    Wrong
  • 3
    Secondary sector
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "Tertiary sector"

Q:

Which state has maximum production of large cardamom in India?

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  • 1
    Sikkim
    Correct
    Wrong
  • 2
    Meghalaya
    Correct
    Wrong
  • 3
    Assam
    Correct
    Wrong
  • 4
    Arunachal Pradesh
    Correct
    Wrong
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Answer : 1. "Sikkim"

Q:

Which is the most suitable grain in India?

721 0

  • 1
    Wheat
    Correct
    Wrong
  • 2
    Barley
    Correct
    Wrong
  • 3
    Maize
    Correct
    Wrong
  • 4
    Rice
    Correct
    Wrong
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Answer : 4. "Rice"

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