Indian Economy Practice Question and Answer
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Q: Whose Arthashastra was composed?
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5fc217014f2f6c622bf3a11a- 1Chandraguptafalse
- 2Maurya Alexanderfalse
- 3Chanakyatrue
- 4None of thesefalse
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Answer : 3. "Chanakya"
Q: Who suggested to recover from the terrible economic slowdown of Teesa?
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5fc215284f2f6c622bf395f9- 1Prof. Cannestrue
- 2Malthusfalse
- 3Amartya Senfalse
- 4Dada Bhai Naorojifalse
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Answer : 1. "Prof. Cannes"
Q: In which account will the expenditure on the installation of new machinery be disbursed?
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5fb7b371e7381019a0b886e8- 1Cash accountfalse
- 2Machinery Accounttrue
- 3Profit or lossfalse
- 4Installation expense accountfalse
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Answer : 2. "Machinery Account"
Q: A discount given for the purpose of increasing sales is called-
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5fb7b2d0e7381019a0b88695- 1Commercial leavetrue
- 2Cash discountfalse
- 3Discount receivedfalse
- 4None of thesefalse
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Answer : 1. "Commercial leave"
Q: What is the name of the amount from which the business is started?
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5fb7b1ab874fcb1994ba6a1a- 1Cashfalse
- 2Capitaltrue
- 3Propertyfalse
- 4None of thesefalse
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Answer : 2. "Capital"
Q: Where is the national center of organic Fertilizer production?
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5fb37b2406649f682b8ffb28- 1Hyderabadfalse
- 2Ghaziabadtrue
- 3Nellorefalse
- 4Dehradunfalse
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Answer : 2. "Ghaziabad"
Q: Which is the first state in India to enact the Food Security Act?
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5fa112d3c21c860b9724d3dd- 1Chhattisgarhtrue
- 2Gujaratfalse
- 3Biharfalse
- 4Tamil Nadufalse
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Answer : 1. "Chhattisgarh"
Q: Indian economy has a 'loose period'
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5fa1126833d1d86b9ab7247f- 1March – Aprilfalse
- 2September – Decemberfalse
- 3January – Junetrue
- 4February – Aprilfalse
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Answer : 3. "January – June"
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