Indian Economy Practice Question and Answer
8 Q: In which year the concept of Multidimensional Poverty Index was introduced?
563 06411793d539cee0fcabda0e9
6411793d539cee0fcabda0e9- 12010true
- 22011false
- 32000false
- 42008false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "2010"
Q: The Views of eminent economist Robert Malthus on Population is–
562 06336e6382ff7535af686daa3
6336e6382ff7535af686daa3- 1Pessimistictrue
- 2Optimisticfalse
- 3Both (a) and (b)false
- 4None of the abovefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "Pessimistic "
Explanation :
The Malthusian theory explained that the human population grows more rapidly than the food supply until famines, war or disease reduces the population. He believed that the human population has risen over the past three centuries.
Q: Who wrote the book 'Planned Economy for India'?
561 0641177d1a37bb1a5e180f615
641177d1a37bb1a5e180f615- 1M. Visvesvarayatrue
- 2Pt. Jawahar Lal Nehrufalse
- 3Mahatma Gandhifalse
- 4Man Mohan Singhfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "M. Visvesvaraya "
Q: “Micro” and “Macro” words was firstly used by–
556 06336e02993021d4ee41ad5b8
6336e02993021d4ee41ad5b8- 1Ragnar Frischtrue
- 2I. Fischerfalse
- 3James Tobinfalse
- 4Garlefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "Ragnar Frisch "
Explanation :
Explain: -In 1933, Ragnar Frisch firstly used the words “Micro” and “Macro”
Q: Rural Employment Generation Programme (REGP) was launched in _____.
545 0641960a72b960e1a416a8c40
641960a72b960e1a416a8c40- 11995true
- 21990false
- 31999false
- 41992false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "1995 "
Q: Which of the following is NOT a public sector insurance company?
544 064c24509bd3d25480680f920
64c24509bd3d25480680f920- 1United India Insurance Company Limitedfalse
- 2The New India Assurance Company Limitedfalse
- 3SBI Life Insurancetrue
- 4General Insurance Corporation of Indiafalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "SBI Life Insurance"
Explanation :
There are public sector insurance companies.
1. United India Insurance Company Limited
2. The New India Assurance Company Limited
3. General Insurance Corporation of India
Q: Rent is a cost paid for–
541 06336e30b5c208a6bf71b48c9
6336e30b5c208a6bf71b48c9- 1Landtrue
- 2Restaurantfalse
- 3Buildingfalse
- 4Factoryfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "Land "
Explanation :
Explain: -Rent is a cost paid for land as wages and interest are paid for labour and capital respectively.
Q: The best Example of capital intensive industry in India is-
538 0632c4aff1656651c9ea35b9e
632c4aff1656651c9ea35b9e- 1Textile industryfalse
- 2Steel industrytrue
- 3Tourism industryfalse
- 4Spare goods industry.false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "Steel industry "
Explanation :
Explain: -Intensive industry are those industries which need large amount of capital for investment.