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 Indian Economy Questions

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Q:

Who coined the term 'Hindu rate of growth' for Indian economy

A) A.K.Sen B) Kirit S.Parikh
C) Raj Krishna D) Montek Singh Ahluwalia
 
Answer & Explanation Answer: C) Raj Krishna

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32 16767
Q:

The implementation of Jawahar Rojgar Yojana rests with

A) Gram Panchayat B) District Collector
C) State Government D) Union Government
 
Answer & Explanation Answer: A) Gram Panchayat

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29 16612
Q:

The prices at which the government purchases food grains for maintaining the Public Distribution system (PDS) and for building up buffer - stock is known as :

A) minimum support prices B) procurement prices
C) issue prices D) ceiling prices
 
Answer & Explanation Answer: B) procurement prices

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26 15995
Q:

In the 'Index of Eight core Industries'

which one of the following is given the highest weight?

A) Coal Produciton B) Electricity Generation
C) Fertilizer Production D) Steel Production
 
Answer & Explanation Answer: B) Electricity Generation

Explanation:

The Eight Core Industries comprise nearly 38 % of the weight of items included in the Index of Industrial Production (IIP).  Electricity generation (weight: 10.32%)

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8 15921
Q:

In India, planned economy is based on

A) Mixed Economy System B) Capitalist System
C) Gandhian System D) Socialist System
 
Answer & Explanation Answer: D) Socialist System

Explanation:

In_India,_planned_economy_is_based_on1556278122.jpg image

 

In India, planned economy is based on Socialist System.

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30 15793
Q:

In India, the state known for its sandalwood is

A) Karnataka B) Assam
C) Kerala D) West Bengal
 
Answer & Explanation Answer: A) Karnataka

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35 15378
Q:

When was the first national Forest Policy issued by the Government of India

A) 1940 B) 1952
C) 1942 D) 1999
 
Answer & Explanation Answer: B) 1952

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40 15196
Q:

Which sector of Indian Economy contributes largest to the Gross National Product 

A) Primary sector B) Secondary sector
C) Tertiary sector D) Public Sector
 
Answer & Explanation Answer: C) Tertiary sector

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