Indian Economy Questions

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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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:

Who had estimate National Income in India first

A) Dadabhai Naoroji B) R.C. Dutt
C) V.K.R.V.Rao D) D.R.Gadgil
 
Answer & Explanation Answer: A) Dadabhai Naoroji

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Q:

Which kind of power accounts for the largest share of power generation in India

A) Hydro - electricity B) Thermal
C) Nuclear D) Solar
 
Answer & Explanation Answer: B) Thermal

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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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