Indian Economy Practice Question and Answer

Q:

Whose Arthashastra was composed?

1045 0

  • 1
    Chandragupta
    Correct
    Wrong
  • 2
    Maurya Alexander
    Correct
    Wrong
  • 3
    Chanakya
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 3. "Chanakya"

Q:

Who suggested to recover from the terrible economic slowdown of Teesa?

1173 0

  • 1
    Prof. Cannes
    Correct
    Wrong
  • 2
    Malthus
    Correct
    Wrong
  • 3
    Amartya Sen
    Correct
    Wrong
  • 4
    Dada Bhai Naoroji
    Correct
    Wrong
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Answer : 1. "Prof. Cannes"

Q:

In which account will the expenditure on the installation of new machinery be disbursed?

901 0

  • 1
    Cash account
    Correct
    Wrong
  • 2
    Machinery Account
    Correct
    Wrong
  • 3
    Profit or loss
    Correct
    Wrong
  • 4
    Installation expense account
    Correct
    Wrong
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Answer : 2. "Machinery Account"

Q:

A discount given for the purpose of increasing sales is called-

1119 0

  • 1
    Commercial leave
    Correct
    Wrong
  • 2
    Cash discount
    Correct
    Wrong
  • 3
    Discount received
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 1. "Commercial leave"

Q:

What is the name of the amount from which the business is started?

792 0

  • 1
    Cash
    Correct
    Wrong
  • 2
    Capital
    Correct
    Wrong
  • 3
    Property
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "Capital"

Q:

Where is the national center of organic Fertilizer production?

874 0

  • 1
    Hyderabad
    Correct
    Wrong
  • 2
    Ghaziabad
    Correct
    Wrong
  • 3
    Nellore
    Correct
    Wrong
  • 4
    Dehradun
    Correct
    Wrong
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Answer : 2. "Ghaziabad"

Q:

Which is the first state in India to enact the Food Security Act?

2499 0

  • 1
    Chhattisgarh
    Correct
    Wrong
  • 2
    Gujarat
    Correct
    Wrong
  • 3
    Bihar
    Correct
    Wrong
  • 4
    Tamil Nadu
    Correct
    Wrong
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Answer : 1. "Chhattisgarh"

Q:

Indian economy has a 'loose period'

3740 0

  • 1
    March – April
    Correct
    Wrong
  • 2
    September – December
    Correct
    Wrong
  • 3
    January – June
    Correct
    Wrong
  • 4
    February – April
    Correct
    Wrong
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Answer : 3. "January – June"

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