Indian Economy Practice Question and Answer

Q:

Which economist prepared the first human development index?

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  • 1
    Prof. Amartya Sen
    Correct
    Wrong
  • 2
    Mehboob-ul-Haq
    Correct
    Wrong
  • 3
    Dr. Manmohan Singh
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "Mehboob-ul-Haq"

Q:

What is India's position in the Human Development Index?

887 0

  • 1
    126
    Correct
    Wrong
  • 2
    127
    Correct
    Wrong
  • 3
    129
    Correct
    Wrong
  • 4
    128
    Correct
    Wrong
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Answer : 1. "126"

Q:

What are the different grounds for explaining economic development?

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  • 1
    Gross National Product
    Correct
    Wrong
  • 2
    per capita income
    Correct
    Wrong
  • 3
    Basis of economic welfare
    Correct
    Wrong
  • 4
    All of these
    Correct
    Wrong
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Answer : 4. "All of these"

Q:

The speed of economic growth from population growth?

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  • 1
    normal
    Correct
    Wrong
  • 2
    intensifies
    Correct
    Wrong
  • 3
    slows down
    Correct
    Wrong
  • 4
    nothing happens
    Correct
    Wrong
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Answer : 3. "slows down"

Q:

What is the purpose of economic activities? Both

886 0

  • 1
    Livelihood
    Correct
    Wrong
  • 2
    Entertainment
    Correct
    Wrong
  • 3
    A) and (B)
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 1. "Livelihood"

Q:

Which of the following countries has a mixed economy?

1394 0

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

Q:

India is ranked on the basis of ppp (Purchasing Power Parity)?

1010 0

  • 1
    4
    Correct
    Wrong
  • 2
    9
    Correct
    Wrong
  • 3
    7
    Correct
    Wrong
  • 4
    3
    Correct
    Wrong
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Answer : 4. "3"

Q:

India is ranked on the basis of GDP?

826 0

  • 1
    5
    Correct
    Wrong
  • 2
    3
    Correct
    Wrong
  • 3
    7
    Correct
    Wrong
  • 4
    13
    Correct
    Wrong
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Answer : 3. "7"

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