Indian Economy Practice Question and Answer
8 Q: The state is the first state to issue a human development report?
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6052f066a37d522d6c186ebc- 1Keralafalse
- 2Rajasthanfalse
- 3U.P.false
- 4Madhya Pradeshtrue
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Answer : 4. "Madhya Pradesh"
Q: What is considered to be knowledge, technical skill, education etc. in the economy?
587 060d3141f64466567bd75545c
60d3141f64466567bd75545c- 1Tangible physical capitalfalse
- 2Working Capitalfalse
- 3Human Capitaltrue
- 4none of thesefalse
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Answer : 3. "Human Capital"
Q: What is the relationship between the value of money and the price level in an economy?
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60d313871cefce3a61b25c73- 1stablefalse
- 2inversetrue
- 3Anulomfalse
- 4none of thesefalse
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Answer : 2. "inverse"
Q: The Social Accounting system in India is classified into–
569 06336e27130141c336c3a222e
6336e27130141c336c3a222e- 1Assets, Liabilities and Debt Positionfalse
- 2Public sector, Private Sector and Joint Sectorfalse
- 3Income, Product and Expendituretrue
- 4Enterprise, Households and Governmentfalse
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Answer : 3. "Income, Product and Expenditure"
Explanation :
Explain: -The Social Accounting system in India is classified into income, Product and Expenditure Social accounting (also known as social accounting and auditing, social accountability, social and environmental accounting, corporate social reporting, corporate social responsibility reporting, non-financial reporting or accounting) is the process of communicating the social and environmental effects of organizations.
Q: To which of the following sectors of the economy do Basel III norms belong?
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64c23891d3a6d4481eec4b7f- 1Bankingtrue
- 2Capital marketfalse
- 3Automobilefalse
- 4Aviationfalse
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Answer : 1. "Banking"
Explanation :
1. The Basel norms are international banking rules to strengthen the international banking system.
2. It is in the form of an agreement by the Basel Committee on Banking Supervision which mainly focuses on the risks to banks and the financial system.
Q: "National Clean Air Programme" launched in India.
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634e531fe4e07e287e8d4a1e- 12002false
- 22019true
- 32017false
- 42016false
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Answer : 2. "2019"
Q: In a economy “Development Stage” means-
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650aa44d7335765064543b6c- 1Starting of steadily increasing economytrue
- 2Bad economyfalse
- 3Economy is on the verge of destroyingfalse
- 4All tariff to be removed.false
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Answer : 1. "Starting of steadily increasing economy"
Explanation :
Explain: -In economy “development stage” means starting of steadily increasing economy
Q: In which year the concept of Multidimensional Poverty Index was introduced?
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6411793d539cee0fcabda0e9- 12010true
- 22011false
- 32000false
- 42008false
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