Indian Economy Questions Practice Question and Answer

Q:

What is the base year to calculate the National income in India?

848 0

  • 1
    2004-05
    Correct
    Wrong
  • 2
    2010-11
    Correct
    Wrong
  • 3
    2014-15
    Correct
    Wrong
  • 4
    2011-12
    Correct
    Wrong
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Answer : 4. "2011-12"

Q:

‘COPRA’   is a_______

829 0

  • 1
    Credit Rationing Scheme
    Correct
    Wrong
  • 2
    Mega city scheme
    Correct
    Wrong
  • 3
    Consumer protection Act
    Correct
    Wrong
  • 4
    Domestic Trade protection measure
    Correct
    Wrong
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Answer : 3. "Consumer protection Act "

Q:

PSW stands for

823 0

  • 1
    Process status word
    Correct
    Wrong
  • 2
    Processor status word
    Correct
    Wrong
  • 3
    Program status word
    Correct
    Wrong
  • 4
    Primitive status word
    Correct
    Wrong
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Answer : 3. "Program status word"

Q:

___________ unemployment happens when people are not able to find jobs during some months of the year.

807 1

  • 1
    Disguised
    Correct
    Wrong
  • 2
    Educated
    Correct
    Wrong
  • 3
    Seasonal
    Correct
    Wrong
  • 4
    None of the above
    Correct
    Wrong
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Answer : 3. "Seasonal"

Q:

A discount given for the purpose of increasing sales is called-

786 0

  • 1
    Commercial leave
    Correct
    Wrong
  • 2
    Cash discount
    Correct
    Wrong
  • 3
    Discount received
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 1. "Commercial leave"

Q:

Which curve shows the inverse relationship between unemployment and inflation rates?

760 0

  • 1
    Phillips curve
    Correct
    Wrong
  • 2
    Indifference curve
    Correct
    Wrong
  • 3
    IS curve
    Correct
    Wrong
  • 4
    Supply curve
    Correct
    Wrong
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Answer : 1. "Phillips curve "

Q:

'Mumbai High' is related to?

759 0

  • 1
    Steel
    Correct
    Wrong
  • 2
    Petroleum
    Correct
    Wrong
  • 3
    Tomb
    Correct
    Wrong
  • 4
    Jute
    Correct
    Wrong
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Answer : 2. "Petroleum"

Q: The purchase of shares and bonds of Indian companies by Foreign Institutional Investors is called? 756 0

  • 1
    FDI
    Correct
    Wrong
  • 2
    Portfolio Investment
    Correct
    Wrong
  • 3
    NRI Investment
    Correct
    Wrong
  • 4
    Foreign Indirect Investment
    Correct
    Wrong
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Answer : 4. "Foreign Indirect Investment"

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