Indian Economy Questions

Q:

Which of the following policies of the financial sectors is basically designed to transfer local financial assets into foreign financial assets freely and at market determined exchange rates?

A) Capital Account Convertibility B) Financial Deficit Management
C) Mimimum Support Price D) Restrictive Trade Practices
 
Answer & Explanation Answer: A) Capital Account Convertibility

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Q:

National Income estimates in India are prepared by

A) Planning Commission B) Reserve Bank of India
C) Central statistical organisation D) Indian statistical Institute
 
Answer & Explanation Answer: C) Central statistical organisation

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20 8941
Q:

The minimum forest cover to maintain ecological balance in the plains is

A) 25% B) 33%
C) 40% D) 50%
 
Answer & Explanation Answer: B) 33%

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18 5709
Q:

Where was electricity supply first introduced in India

A) Kolkata B) Mumbai
C) Darjeeling D) Chennai
 
Answer & Explanation Answer: C) Darjeeling

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24 5410
Q:

In India, Agriculture income is calculated by

A) Output method B) Input method
C) Expenditure method D) Commodity flow method
 
Answer & Explanation Answer: A) Output method

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