Indian Economy Practice Question and Answer
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Q: Which country is the largest producer of coarse grains in the world?
3060 05efbfd54d7fe817321ad3a05
5efbfd54d7fe817321ad3a05- 1Indiatrue
- 2Japanfalse
- 3Russiafalse
- 4Chinafalse
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Answer : 1. "India"
Q: How many member is in the GST Council of India?
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5e180c5e39d64c451b228e9c- 133true
- 234false
- 336false
- 427false
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Answer : 1. "33"
Q: Who said that debt is child of deposit and deposit is child of debt?
2958 05fc219f596415e6951aeff6a
5fc219f596415e6951aeff6a- 1Cannestrue
- 2Marshallfalse
- 3Piguefalse
- 4Crowtherfalse
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Answer : 1. "Cannes"
Q: ‘L. K. Which tax was suggested by the Jha Committee?
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5efbfa38d7fe817321ad3579- 1D. M.A.T.false
- 2V.A.T.false
- 3M.O.D.V.A.T.false
- 4M.A.N.V.A.T.true
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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
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5d776efba1321a5b0b596cc4- 1Only I, II & IVfalse
- 2Only I, II, & IIItrue
- 3Only I & IIfalse
- 4All of the abovefalse
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Answer : 2. "Only I, II, & III"
Q: Short-term finance is usually for a period ranging up to
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5d42ab8757579c3e8f509307- 15 monthsfalse
- 210 monthsfalse
- 312 monthstrue
- 48 monthsfalse
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Answer : 3. "12 months "
Q: Who is called the forerunner of liberalization of Indian economy?
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5f0830ee8e448621429ede2e- 1P. Chidambaramfalse
- 2Amartya Senfalse
- 3Dr. Manmohan Singhtrue
- 4None of thesefalse
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Answer : 3. "Dr. Manmohan Singh"
Q: Which of these reports is not released by International Monetary Fund?
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5f02b17cf75c916d6120e15c- 1human Development Reporttrue
- 2Global Financial Stability Reportfalse
- 3World Economic Outlookfalse
- 4External Sector Reportfalse
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Answer : 1. "human Development Report"
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