Indian Economy Practice Question and Answer
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Q: The Abid Hussain Committee was formed by which ministry?
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5efbf9930a52267797b6b01f- 1Planning Commissionfalse
- 2Ministry of Industrytrue
- 3Ministry of Defensefalse
- 4Ministry of Financefalse
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Answer : 2. "Ministry of Industry"
Q: Foreign currency which has a tendency of quick migration is called -
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5f4cd44482369c1d610e70bb- 1Gold currencyfalse
- 2Hot currencytrue
- 3Scarce currencyfalse
- 4Soft currencyfalse
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Answer : 2. "Hot currency "
Q: Which is the first state in India to enact the Food Security Act?
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5fa112d3c21c860b9724d3dd- 1Chhattisgarhtrue
- 2Gujaratfalse
- 3Biharfalse
- 4Tamil Nadufalse
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Answer : 1. "Chhattisgarh"
Q: What is the tagline of UCO Bank?
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5f6c291a884ff270def79ad2- 1Where every individual is committedfalse
- 2Faithful and Friendlyfalse
- 3Honors Your Trusttrue
- 4Good people to bank withfalse
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Answer : 3. "Honors Your Trust"
Q: Knowledge, technical skill, education etc. in economics, are regarded as
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5f3685f4a27d450be2f51a75- 1tangible physical capitalfalse
- 2working capitalfalse
- 3social-overhead capitalfalse
- 4human capitaltrue
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Answer : 4. "human capital "
Q: The study of factor pricing is alternatively called the theory of
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5dc15b8fee5d9e2ea2b32a9e- 1functional distributiontrue
- 2personal distributionfalse
- 3Income distributionfalse
- 4wealth distributionfalse
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Answer : 1. "functional distribution "
Q: In which the following is not directly controlled by RBI?
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5f914529d6785c0fc0d9ad48- 1Bank ratefalse
- 2Repo ratefalse
- 3Base ratetrue
- 4Cash Reserve Ratiofalse
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Answer : 3. "Base rate "
Q: Excise duty on a commodity is payable with reference to its
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5f3684b85ea8a017a5b644f1- 1production , transportation and salefalse
- 2productiontrue
- 3production and salefalse
- 4production and transportationfalse
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Answer : 2. "production "
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