Indian Economy Questions Practice Question and Answer
8 Q: Which three indicators are used in the Human Development Index (HDI)?
I. Standard of living
II. Education
III. Life expectancy
IV. Condition of environment
2596 15d776efba1321a5b0b596cc4
5d776efba1321a5b0b596cc4- 1Only I, II & IVfalse
- 2Only I, II, & IIItrue
- 3Only I & IIfalse
- 4All of the abovefalse
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Answer : 2. "Only I, II, & III"
Q: What is the tagline of UCO Bank?
2047 05f6c291a884ff270def79ad2
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: Which of the following activities are examples of data gathering? 3321 05b5cc601e4d2b4197774b458
5b5cc601e4d2b4197774b458- 1Counting the votes in an election to determine the next governortrue
- 2Making a pie chart showing the kinds of television sets owned by people in a sample of 1,000false
- 3Finding the mean weight of cancer patients in a studyfalse
- 4Using the results of a mathematical model to predict the next day's weatherfalse
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Answer : 1. "Counting the votes in an election to determine the next governor"
Explanation :
Answer: A) Counting the votes in an election to determine the next governor Explanation: Option A) "Counting the votes in an election to determine the next governor" is the only one where data gathering is done. In all other options, data is already collected and now analyzing of data is going on.
Q: Short-term finance is usually for a period ranging up to
2408 15d42ab8757579c3e8f509307
5d42ab8757579c3e8f509307- 15 monthsfalse
- 210 monthsfalse
- 312 monthstrue
- 48 monthsfalse
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Answer : 3. "12 months "
Q: In a cut motion, when the amount of demand is reduced by Rs 100/- , it is known as
943 05d7b8785268c0f29d590e05d
5d7b8785268c0f29d590e05d- 1Disapproval of policy cutfalse
- 2Economy cutfalse
- 3Vote on Accountfalse
- 4Token cuttrue
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Answer : 4. "Token cut"
Q: How many member is in the GST Council of India?
2758 05e180c5e39d64c451b228e9c
5e180c5e39d64c451b228e9c- 133true
- 234false
- 336false
- 427false
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Answer : 1. "33"
Q: Who is called the forerunner of liberalization of Indian economy?
2561 05f0830ee8e448621429ede2e
5f0830ee8e448621429ede2e- 1P. Chidambaramfalse
- 2Amartya Senfalse
- 3Dr. Manmohan Singhtrue
- 4None of thesefalse
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Answer : 3. "Dr. Manmohan Singh"
Q: In which year fourteen major banks were nationalized in India?
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5f9fc2cea00b420b05d5079d- 11967false
- 21968false
- 31969true
- 41971false
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