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 Indian Economy Questions

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Q:

STEP is the abbreviated name of the welfare programme to help

A) Children B) Woman
C) Farmers D) Senior citizens
 
Answer & Explanation Answer: B) Woman

Explanation:
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15 6649
Q:

GDP can be calculated by summing

A) Consumption, investment, government purchases, and net exports B) Consumption, investment, government spending, and imports
C) Consumption, investment, government purchases, and imports D) Consumption, investment, wages, and rent
 
Answer & Explanation Answer: A) Consumption, investment, government purchases, and net exports

Explanation:

Gross domestic product (GDP) is the monetary value of all the finished goods and services produced within a country's borders in a specific time period.

Simply, GDP is a broad measurement of a nation’s overall economic activity. 

It is calculated by summation of Consumption, investment, government purchases, and net exports.

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Exam Prep: CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk , Analyst

5 6529
Q:

The State having the highest density of population is 

A) Kerala B) Tamil Nadu
C) West Bengal D) Uttar Pradesh
 
Answer & Explanation Answer: C) West Bengal

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7 6460
Q:

Which of the following sectors is NOT considered ' Infrastructure Sector '

A) Software B) Cement
C) Petroleum D) Steel
 
Answer & Explanation Answer: A) Software

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6 6401
Q:

Nuclear energy is a mineral based source, it is derived from

A) Uranium B) Thorium
C) Plutonium D) All of these
 
Answer & Explanation Answer: D) All of these

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7 6359
Q:

What is the longest irrigation canal India called

A) Yamuna Canal B) Sirhind canal
C) Indira Gandhi canal D) Upper Bari Doab Canal
 
Answer & Explanation Answer: C) Indira Gandhi canal

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8 6207
Q:

Full convertibility of a rupee means ?

A) Determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply B) Repayment of loans in terms of rupees
C) Payment for imports in terms of rupees D) Purchase of foreign exchange for rupees freely
 
Answer & Explanation Answer: A) Determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

5 6188
Q:

Which of the following is most urbanised State of India

A) Maharashtra B) Mizoram
C) Goa D) Tamil Nadu
 
Answer & Explanation Answer: C) Goa

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5 6177