Indian Economy Practice Question and Answer

Q:

How much of India's population is dependent on agricultural industry?

770 0

  • 1
    60%
    Correct
    Wrong
  • 2
    70%
    Correct
    Wrong
  • 3
    58.9%
    Correct
    Wrong
  • 4
    Others
    Correct
    Wrong
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Answer : 3. "58.9%"

Q:

What is the tagline of UCO Bank?

2501 0

  • 1
    Where every individual is committed
    Correct
    Wrong
  • 2
    Faithful and Friendly
    Correct
    Wrong
  • 3
    Honors Your Trust
    Correct
    Wrong
  • 4
    Good people to bank with
    Correct
    Wrong
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Answer : 3. "Honors Your Trust"

Q:

 Where is the headquarters of Bank of Baroda located?

5482 0

  • 1
    Pune
    Correct
    Wrong
  • 2
    Kolkata
    Correct
    Wrong
  • 3
    Vadodara
    Correct
    Wrong
  • 4
    Mumbai
    Correct
    Wrong
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Answer : 3. "Vadodara"

Q:

What is the accounting year period of Reserve Bank of India?

964 0

  • 1
    April to March
    Correct
    Wrong
  • 2
    July to June
    Correct
    Wrong
  • 3
    January to December
    Correct
    Wrong
  • 4
    August to July
    Correct
    Wrong
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Answer : 2. "July to June "

Q:

At present, what kind of unemployment problem remains a very serious problem in the country?

995 0

  • 1
    Rural unemployment
    Correct
    Wrong
  • 2
    Urban unemployment
    Correct
    Wrong
  • 3
    Educated unemployment
    Correct
    Wrong
  • 4
    Open unemployment
    Correct
    Wrong
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Answer : 3. "Educated unemployment "

Q:

Which of the following region contributes most to India's GDP?

883 0

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

Q:

In Economics, buying an asset in one market and simultaneously selling an identical asset in another market at a higher price is termed as ____________.

1145 0

  • 1
    Depreciation
    Correct
    Wrong
  • 2
    Mortgage
    Correct
    Wrong
  • 3
    Devaluation
    Correct
    Wrong
  • 4
    Arbitrage
    Correct
    Wrong
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Answer : 4. "Arbitrage"

Q:

Which curve shows the inverse relationship between unemployment and inflation rates?

1025 0

  • 1
    Phillips curve
    Correct
    Wrong
  • 2
    Indifference curve
    Correct
    Wrong
  • 3
    IS curve
    Correct
    Wrong
  • 4
    Supply curve
    Correct
    Wrong
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Answer : 1. "Phillips curve "

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