Indian Economy Practice Question and Answer
8 Q: The Human Development Index is attributed to which economist?
609 06052f01ca37d522d6c186d89
6052f01ca37d522d6c186d89- 1Mehboob-ul-Haqtrue
- 2Amartya Senfalse
- 3Johnsonfalse
- 4None of thesefalse
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Answer : 1. "Mehboob-ul-Haq"
Q: Who is known as the father of Blue Revolution in India?
607 064390a612b960e1a41b0c8f8
64390a612b960e1a41b0c8f8- 1Verghese Kurienfalse
- 2Sam Pitrodafalse
- 3Hiralal Chaudhuritrue
- 4M.S. Swaminathanfalse
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Answer : 3. "Hiralal Chaudhuri"
Explanation :
Hiralal Chaudhuri and Dr. Arun Krishnsnan are known as Father of Blue revolution. The Blue Revolution in India was launched during the 7th Five Year Plan (1985-1990) during the sponsorship of the Fish Farmers Development Agency (FFDA) by the Central Government of India.
Q: Where is the National Institute of Rural Development located?
607 06052ef2da01bc44789ad1711
6052ef2da01bc44789ad1711- 1Hyderabadtrue
- 2Patnafalse
- 3New Delhifalse
- 4Shimlafalse
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Answer : 1. "Hyderabad"
Q: Which of the following is not a function of currency?
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6088f5d5bdba7253ca28762e- 1Measurement of valuefalse
- 2accumulation of valuefalse
- 3transfer of valuefalse
- 4stabilization of pricetrue
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Answer : 4. "stabilization of price"
Q: What do you understand by closed economy?
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6052f0aea01bc44789ad1a4b- 1Import offfalse
- 2Export stoppedfalse
- 3controlled capitalfalse
- 4Stop Import-Exporttrue
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Answer : 4. "Stop Import-Export"
Q: Which state has the highest per capita income?
599 06052f2964999e13f2a6bb577
6052f2964999e13f2a6bb577- 1Gujaratfalse
- 2Maharashtrafalse
- 3Goatrue
- 4Punjabfalse
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Answer : 3. "Goa"
Q: Labour Intensive Technique would get chosen in a–
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6336e53793021d4ee41b0a34- 1Labour Surplus Economytrue
- 2Capital Surplus Economyfalse
- 3Developed Economyfalse
- 4Developing Economyfalse
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Answer : 1. "Labour Surplus Economy"
Explanation :
Expl:- Labour Intensive Technique will be chosen in Labour Surplus Economy because in such economy labour cost is low.
Q: Round Revolution in India was related to -
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637f3e2d49a42a5ac162936c- 1Potatotrue
- 2Onionfalse
- 3Oil seedsfalse
- 4Tomatofalse
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