Indian Economy Practice Question and Answer
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Q: National Income estimates in India are prepared by
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5ef4366e81a47f2e7aeffac1- 1Planning Commissionfalse
- 2Reserve Bank of Indiafalse
- 3Central statistical organizationtrue
- 4Indian Statistical Institutefalse
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Answer : 3. "Central statistical organization"
Q: Which state in India is the major producer of mulberry silk?
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5ef4348081a47f2e7aeff7da- 1Karnatakatrue
- 2Keralafalse
- 3Hyderabadfalse
- 4Chennaifalse
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Answer : 1. "Karnataka"
Q: What is the base year to calculate the National income in India?
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5ef433ca7c1ec61320b5d20d- 12004-05false
- 22010-11false
- 32014-15false
- 42011-12true
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Answer : 4. "2011-12"
Q: The purchase of shares and bonds of Indian companies by Foreign Institutional Investors is called? 1214 05ee874cd109b5d6e015ec306
5ee874cd109b5d6e015ec306- 1FDIfalse
- 2Portfolio Investmentfalse
- 3NRI Investmentfalse
- 4Foreign Indirect Investmenttrue
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Answer : 4. "Foreign Indirect Investment"
Q: Economic survey is published by
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5ec37b5e980ff60a66bdf329- 1Ministry of Financetrue
- 2Planning commissionfalse
- 3Government of Indiafalse
- 4Indian Statistical Institutefalse
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Answer : 1. "Ministry of Finance "
Q: Which among the following formulates fiscal policy?
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5ec37a128463ff0219fff578- 1RBItrue
- 2Finance Ministryfalse
- 3SEBIfalse
- 4Planning Commissionfalse
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Answer : 1. "RBI "
Q: Deficit financing means the government borrows money from the –
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5e857ba65dddbb6ef018e63f- 1International Monetary Fundfalse
- 2Ministry of Financefalse
- 3Reserve Bank of Indiatrue
- 4World Trade Organizationfalse
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Answer : 3. "Reserve Bank of India "
Q: What kind of economy is there in India?
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5e37d5dfad02e21163c6353c- 1socialistfalse
- 2Mixedtrue
- 3Freefalse
- 4Gandhianfalse
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Answer : 2. "Mixed"
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