Indian Economy Practice Question and Answer

Q:

Which method is used in calculating national income in India?

837 0

  • 1
    Origin calculation method
    Correct
    Wrong
  • 2
    Income Law
    Correct
    Wrong
  • 3
    both of the above
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 3. "both of the above"

Q:

Which of the following is not included in the national income?

4779 0

  • 1
    win the lottery
    Correct
    Wrong
  • 2
    Government expenditure incurred on construction of new bridges
    Correct
    Wrong
  • 3
    Charged rent of houses in owner's possession
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 1. "win the lottery"

Q:

Is the government agency responsible for estimating national income in India?

1478 0

  • 1
    Indian Statistical Organization
    Correct
    Wrong
  • 2
    Central Statistical Organization
    Correct
    Wrong
  • 3
    Organization Indian Reserve Bank
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "Central Statistical Organization"

Q:

Which region has the least contribution to India's national income?

1746 0

  • 1
    Primary Sector
    Correct
    Wrong
  • 2
    Secondary Sector
    Correct
    Wrong
  • 3
    Tertiary sector
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "Secondary Sector"

Q:

Who contributes most to India's national income?

1210 0

  • 1
    Primary Sector
    Correct
    Wrong
  • 2
    Secondary sector
    Correct
    Wrong
  • 3
    Tertiary sector
    Correct
    Wrong
  • 4
    All equal
    Correct
    Wrong
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Answer : 3. "Tertiary sector"

Q:

When was the Commission for Agricultural Costs and Commission established?

1086 0

  • 1
    1960
    Correct
    Wrong
  • 2
    1965
    Correct
    Wrong
  • 3
    1966
    Correct
    Wrong
  • 4
    1969
    Correct
    Wrong
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Answer : 2. "1965 "

Q:

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

3063 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:

Under which crop is the maximum agricultural land in India?

1220 0

  • 1
    Rice
    Correct
    Wrong
  • 2
    Cotton
    Correct
    Wrong
  • 3
    Maize
    Correct
    Wrong
  • 4
    Wheat
    Correct
    Wrong
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Answer : 1. "Rice"

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