Indian Economy Practice Question and Answer
3 4 Q:
64a68c3bc4e3d04ca166ea6e Answer : 2. "2 December 2011 "
4 Q:
650a9a3f761b44505ec99916 Answer : 4. "Happens in firms when they expand their product"
4 Q:
650aa004761b44505ec9aa32 Answer : 1. "Cooperation between developing countries"
Q: The Reserve Bank of India introduced a comprehensive regulatory framework for NBFC-MFI on __________.
380 064a68c3bc4e3d04ca166ea6e
64a68c3bc4e3d04ca166ea6e- 110 December 2015false
- 22 December 2011true
- 38 December 2013false
- 45 December 2012false
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Answer : 2. "2 December 2011 "
Explanation :
1. The Reserve Bank of India introduced a comprehensive regulatory framework for NBFC-MFIs on 2 December 2011.
Q: Internal profit–
316 0650a9a3f761b44505ec99916
650a9a3f761b44505ec99916- 1Happens when internal trade expandsfalse
- 2Happens when business expandsfalse
- 3Happens in economy when they increasefalse
- 4Happens in firms when they expand their producttrue
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Answer : 4. "Happens in firms when they expand their product"
Explanation :
Explain: -Internal profit are made to firms when they expand their products. High level productivity, labour-division and modern equipments when used in better way, then internal profit is made. They are called as internal because firms increase their quality & quantity of production then only they gain internal profit.
Q: Which of the following is related to South-South debate?
315 0650aa004761b44505ec9aa32
650aa004761b44505ec9aa32- 1Cooperation between developing countriestrue
- 2Defence Organisationfalse
- 3Sitting between developed & developing countriesfalse
- 4All of the above.false
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Answer : 1. "Cooperation between developing countries"
Explanation :
Explain: -South-South organization was held from 14-16 December 1978 in Tanzania. Its aim was to put focus for “new international economic view.”
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