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Q:

GDP at factor cost is

A) GDP minus indirect taxes plus subsidies B) GNP minus depreciation allowances
C) NNP plus depreciation allowances D) GDP minus subsidies plus indirect taxes
 
Answer & Explanation Answer: A) GDP minus indirect taxes plus subsidies

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Filed Under: Indian Economy

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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Filed Under: Indian Economy

Q:

When development in economy takes place, the share of tertiary sector in National Income

A) first falls and the rises B) first rises and then falls
C) keeps on increasing D) remains constant
 
Answer & Explanation Answer: C) keeps on increasing

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Filed Under: Indian Economy

Q:

Which sector of Indian Economy has shown remarkable expansion during the last decade

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

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Filed Under: Indian Economy

Q:

In an economy , the sectors are classified into public and private on the basis of

A) employment conditions B) nature of economic activities
C) ownership of enterprises D) use of raw materials
 
Answer & Explanation Answer: C) ownership of enterprises

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Filed Under: Indian Economy

Q:

The idea of including the Emergency provisions in the Constitution of India has been borrowed from the

A) Constitution of Canada B) Weimar Constitution of Germany
C) Constitution of Ireland D) Constitution of USA
 
Answer & Explanation Answer: B) Weimar Constitution of Germany

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Filed Under: Indian Politics

Q:

'The Federal System with strong centre' has been borrowed by the Indian Constitution from

A) USA B) Canada
C) UK D) France
 
Answer & Explanation Answer: B) Canada

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Filed Under: Indian Politics

Q:

The Constitution of India borrowed the scheme of Indian Federation from the constitution of

A) USA B) Canada
C) United Kingdom D) Ireland
 
Answer & Explanation Answer: B) Canada

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Filed Under: Indian Politics