Indian Economy Practice Question and Answer

Q:

What percentage of the total central employees are employed in Indian Railways?

1552 0

  • 1
    50 %
    Correct
    Wrong
  • 2
    40 %
    Correct
    Wrong
  • 3
    45 %
    Correct
    Wrong
  • 4
    35 %
    Correct
    Wrong
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Answer : 2. " 40 %"

Q:

Bank rate is the rate at which—

1424 0

  • 1
    A bank lends to the public.
    Correct
    Wrong
  • 2
    RBI lends to the public.
    Correct
    Wrong
  • 3
    RBI lends to commercial banks.
    Correct
    Wrong
  • 4
    Government of India lends to other countries.
    Correct
    Wrong
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Answer : 3. "RBI lends to commercial banks."

Q:

When was the Bombay Stock Exchange established?

1187 0

  • 1
    1890 A.D.
    Correct
    Wrong
  • 2
    1865 A.D.
    Correct
    Wrong
  • 3
    1875 A.D.
    Correct
    Wrong
  • 4
    1881 A.D.
    Correct
    Wrong
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Answer : 3. "1875 A.D."

Q:

Who is called the forerunner of liberalization of Indian economy?

2862 0

  • 1
    P. Chidambaram
    Correct
    Wrong
  • 2
    Amartya Sen
    Correct
    Wrong
  • 3
    Dr. Manmohan Singh
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 3. "Dr. Manmohan Singh"

Q:

Which of these reports is not released by International Monetary Fund?

2660 0

  • 1
    human Development Report
    Correct
    Wrong
  • 2
    Global Financial Stability Report
    Correct
    Wrong
  • 3
    World Economic Outlook
    Correct
    Wrong
  • 4
    External Sector Report
    Correct
    Wrong
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Answer : 1. "human Development Report"

Q:

Which of the following is not investment  expenditure in good and servies?

904 0

  • 1
    Purchase of a house
    Correct
    Wrong
  • 2
    Purchase of a machinery
    Correct
    Wrong
  • 3
    Expansion of the main plant of a company
    Correct
    Wrong
  • 4
    An increases in business inventories
    Correct
    Wrong
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Answer : 1. "Purchase of a house"

Q:

By whom is the truck named Ashok Leyland produced?

1349 0

  • 1
    Tata
    Correct
    Wrong
  • 2
    Hinduja
    Correct
    Wrong
  • 3
    Birla
    Correct
    Wrong
  • 4
    Godrej
    Correct
    Wrong
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Answer : 2. "Hinduja"

Q:

Who was the first to assess national income in India?

924 0

  • 1
    Dada Bhai Naoroji
    Correct
    Wrong
  • 2
    R.C.V Rao
    Correct
    Wrong
  • 3
    V.K.R.V Rao
    Correct
    Wrong
  • 4
    D .R. Gadanil
    Correct
    Wrong
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Answer : 1. "Dada Bhai Naoroji"

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