Indian Economy Questions Practice Question and Answer
8 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: If the RBI adopts an expansionist open market operations policy, this means that it will
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5d42aeeb29741f37c2549fa7- 1buy securities from non-government holdersfalse
- 2sell securities in the open marketfalse
- 3offer commercial banks more credit in the open markettrue
- 4openly announce to the market that it intends to expand creditfalse
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Answer : 3. " offer commercial banks more credit in the open market"
Q: Economic survey is published by
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5ec37b5e980ff60a66bdf329- 1Ministry of Financetrue
- 2Planning commissionfalse
- 3Government of Indiafalse
- 4Indian Statistical Institutefalse
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Answer : 1. "Ministry of Finance "
Q: Which of the following activities are examples of data gathering? 3320 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
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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
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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?
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5e180c5e39d64c451b228e9c- 133true
- 234false
- 336false
- 427false
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Answer : 1. "33"
Q: Who is called the forerunner of liberalization of Indian economy?
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5f0830ee8e448621429ede2e- 1P. Chidambaramfalse
- 2Amartya Senfalse
- 3Dr. Manmohan Singhtrue
- 4None of thesefalse
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