Indian Economy Practice Question and Answer

Q:

Which country is the largest producer of coarse grains in the world?

3060 0

  • 1
    India
    Correct
    Wrong
  • 2
    Japan
    Correct
    Wrong
  • 3
    Russia
    Correct
    Wrong
  • 4
    China
    Correct
    Wrong
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Answer : 1. "India"

Q:

How many member is in the GST Council of India?

2989 0

  • 1
    33
    Correct
    Wrong
  • 2
    34
    Correct
    Wrong
  • 3
    36
    Correct
    Wrong
  • 4
    27
    Correct
    Wrong
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Answer : 1. "33"

Q:

Who said that debt is child of deposit and deposit is child of debt?

2958 0

  • 1
    Cannes
    Correct
    Wrong
  • 2
    Marshall
    Correct
    Wrong
  • 3
    Pigue
    Correct
    Wrong
  • 4
    Crowther
    Correct
    Wrong
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Answer : 1. "Cannes"

Q:

‘L. K. Which tax was suggested by the Jha Committee?

2939 0

  • 1
    D. M.A.T.
    Correct
    Wrong
  • 2
    V.A.T.
    Correct
    Wrong
  • 3
    M.O.D.V.A.T.
    Correct
    Wrong
  • 4
    M.A.N.V.A.T.
    Correct
    Wrong
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Answer : 4. "M.A.N.V.A.T."

Q:

Which three indicators are used in the Human Development Index (HDI)?

I. Standard of living

II. Education

III. Life expectancy

IV. Condition of environment


2921 1

  • 1
    Only I, II & IV
    Correct
    Wrong
  • 2
    Only I, II, & III
    Correct
    Wrong
  • 3
    Only I & II
    Correct
    Wrong
  • 4
    All of the above
    Correct
    Wrong
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Answer : 2. "Only I, II, & III"

Q:

Short-term finance is usually for a period ranging up to

2888 1

  • 1
    5 months
    Correct
    Wrong
  • 2
    10 months
    Correct
    Wrong
  • 3
    12 months
    Correct
    Wrong
  • 4
    8 months
    Correct
    Wrong
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Answer : 3. "12 months "

Q:

Who is called the forerunner of liberalization of Indian economy?

2843 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?

2642 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"

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