Indian Economy Practice Question and Answer
8 Q: The Worldwide great depression happens in which year-
447 0632c49a531300b7ce47330be
632c49a531300b7ce47330be- 11936false
- 21929false
- 31928true
- 41930false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "1928 "
Explanation :
Explain: -The duration of great depression was different for different for different countries, but the starting of depresion was 1929-32. The unemployment of America increase by +607%. Similiarly in Germany by +214% & France by +214%.
Q: Which among the following is not the investment of goods & services?
447 0632c49e7751e5310a5c99b21
632c49e7751e5310a5c99b21- 1Cost of machineryfalse
- 2Increase in cost of raw goodsfalse
- 3Increasing department of companytrue
- 4Cost of buying a house.false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "Increasing department of company "
Explanation :
Explain: -Increasing the department of company is not the matter of investment on goods and services
Q: With which of the following sectors is the agency short-named as CIBIL associated
445 06576efbefd78a97b0a43f28a
6576efbefd78a97b0a43f28a- 1Insurance sectorfalse
- 2Automobile sectorfalse
- 3Banking sectortrue
- 4Sugar sectorfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "Banking sector"
Explanation :
The full name of CIBIL is Credit Information Bureau India Limited. It is a credit information company, which maintains records of all credit related activities of individuals and organizations. Banks, non-banking finance companies and other financial institutions submit customer credit information to the bureaus.
Q: If the interest rate is decreased in an economy, it will
442 062ac7668f5480112e46ca0ae
62ac7668f5480112e46ca0ae- 1increase the investment expenditure in the economytrue
- 2increase the total savings in the economyfalse
- 3increase the total savings in the economyfalse
- 4decrease the consumption expenditure in the economyfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "increase the investment expenditure in the economy"
Q: The term “Micro Economics” and “Macro Economics” was coined by–
442 06336dfd32ff7535af6869591
6336dfd32ff7535af6869591- 1Alfred Marshalfalse
- 2Ragner Nurksefalse
- 3Ragner Frischtrue
- 4J.M. Keynesfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "Ragner Frisch "
Explanation :
Explain: -The difference between micro and macro economics is simple. Microeconomics is the study of economics at an individual, group or company level. Macroeconomics, on the other hand, is the study of a national economy as a whole. Microeconomics focuses on issues that affect individuals and companies
Q: The National Mission for Saffron has been launched as a sub- scheme of which among the following programmes?
442 06411772f539cee0fcabd9ebe
6411772f539cee0fcabd9ebe- 1National Food Security Missionfalse
- 2National Cash Crop Programmefalse
- 3National Horticulture Missionfalse
- 4Rashtriya Krishi Vikas Yojanatrue
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "Rashtriya Krishi Vikas Yojana"
Q: The Relationship between the rate of interest and consumption level was firstly estimated by–
433 06336e40b30141c336c3a28bd
6336e40b30141c336c3a28bd- 1Amartya Senfalse
- 2Milton Freedmantrue
- 3Irwing Fischerfalse
- 4James Duezan Berryfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "Milton Freedman"
Q: In an economy “Development Stage” means-
420 0632c6543751e5310a5ca6520
632c6543751e5310a5ca6520- 1Starting of steadily increasing economytrue
- 2Bad economyfalse
- 3Economy is on the verge of destroyingfalse
- 4All tariff to be removed.false
- Show AnswerHide Answer
- Workspace
- SingleChoice