Indian Economy Questions Practice Question and Answer
8 4 Q:
5f35fd8aba71a36b207d5f27 4 Answer : 4. "explicit and implicit costs."
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5d7f1667e6db8b0af6526c72 4 Q:
5ef4348081a47f2e7aeff7da 4 Q:
5f571e37f13b91397f395f04 4 Q:
5f48ce9ae7f09063e6307182 4 Q:
5f4cb8bf82369c1d610dc8b5 4 Q:
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Q: Purchasing Power Parity theory is related with
1167 05f35fd8aba71a36b207d5f27
5f35fd8aba71a36b207d5f27- 1Wage ratefalse
- 2Exchange ratetrue
- 3Interest ratefalse
- 4Bank ratefalse
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Answer : 2. "Exchange rate "
Q: To the economist, total cost includes 1134 05b5cc604e4d2b4197774b4c4
5b5cc604e4d2b4197774b4c4- 1neither implicit nor explicit costs.false
- 2implicit, but not explicit, costs.false
- 3explicit, but not implicit, cost.false
- 4explicit and implicit costs.true
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Answer : 4. "explicit and implicit costs."
Explanation :
Answer: D) explicit and implicit costs. Explanation:
Q: If Reserve Bank of India reduces the cash reserve ratio, it will :
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5d7f1667e6db8b0af6526c72- 1increase credit creationtrue
- 2decrease credit creationfalse
- 3have no impact on credit creationfalse
- 4have no definite impact on credit creationfalse
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Answer : 1. "increase credit creation"
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: An area which supports the economy and export trade of a sea port is called its ______.
1056 05f571e37f13b91397f395f04
5f571e37f13b91397f395f04- 1Trade landfalse
- 2Hinter landtrue
- 3Import landfalse
- 4Export landfalse
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Answer : 2. "Hinter land"
Q: Unemployment that arises when there is a general downturn in business activity is known as
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5f48ce9ae7f09063e6307182- 1Structural unemploymentfalse
- 2Frictional unemploymentfalse
- 3Cyclical unemploymenttrue
- 4Disguised unemploymentfalse
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Answer : 3. "Cyclical unemployment "
Q: What does the Lorenz Curve indicate?
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5f4cb8bf82369c1d610dc8b5- 1Relationship between the price of a certain commodity and its demandfalse
- 2Income distributiontrue
- 3Rate of employmentfalse
- 4Taxable income elasticityfalse
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Answer : 2. "Income distribution"
Q: When was the first National Population Policy implemented in India?
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5ef979abef2488485ce5b83e- 11952false
- 21976true
- 31987false
- 41950false
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Answer : 2. "1976"
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