Indian Economy Practice Question and Answer

Q:

Which one of the following taxes is not a direct tax?

720 0

  • 1
    Sales tax
    Correct
    Wrong
  • 2
    Estate duty
    Correct
    Wrong
  • 3
    Gift tax
    Correct
    Wrong
  • 4
    Wealth tax
    Correct
    Wrong
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Answer : 1. "Sales tax "

Q:

National Insurance Awareness Day was observed on which day?

719 0

  • 1
    26 June
    Correct
    Wrong
  • 2
    27 June
    Correct
    Wrong
  • 3
    28 June
    Correct
    Wrong
  • 4
    29 June
    Correct
    Wrong
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Answer : 3. "28 June"

Q:

Benefit from inflation?

718 0

  • 1
    debtor
    Correct
    Wrong
  • 2
    Lender
    Correct
    Wrong
  • 3
    Saver
    Correct
    Wrong
  • 4
    Pension Recipients
    Correct
    Wrong
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Answer : 1. "debtor"

Q:

Issues currency notes in India?

716 0

  • 1
    Urban Co-operative Bank
    Correct
    Wrong
  • 2
    Reserve Bank of India
    Correct
    Wrong
  • 3
    Ministry of Finance
    Correct
    Wrong
  • 4
    Finance Secretary
    Correct
    Wrong
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Answer : 2. "Reserve Bank of India"

Q:

The largest producer of cellphones in the world is the country?

716 0

  • 1
    China
    Correct
    Wrong
  • 2
    America
    Correct
    Wrong
  • 3
    France
    Correct
    Wrong
  • 4
    India
    Correct
    Wrong
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Answer : 1. "China"

Q:

Whose annual publication is the World Development Report?

712 0

  • 1
    I.M.F.
    Correct
    Wrong
  • 2
    W.T.O.
    Correct
    Wrong
  • 3
    I.B.R.D
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 3. "I.B.R.D"

Q:

What is the rank of India in the world in fish production?

702 0

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

Q:

What percentage of GDP of agriculture sector in India is spent on agricultural research?

701 0

  • 1
    5 %
    Correct
    Wrong
  • 2
    0.5 %
    Correct
    Wrong
  • 3
    0.3%
    Correct
    Wrong
  • 4
    3 %
    Correct
    Wrong
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Answer : 3. "0.3%"

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