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Q:

The Planning Commission of India is

A) A Constitutional body B) An Independent and Autonomous body
C) A Statutory body D) A non Statutory body
 
Answer & Explanation Answer: D) A non Statutory body

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Filed Under: Indian Economy

Q:

Under which plan did the Government Introduce an agricultural strategy which gave rise to Green Rrevolution

A) Second five year plan B) Third five year plan
C) Fourth five year plan D) Sixth five year plan
 
Answer & Explanation Answer: B) Third five year plan

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Filed Under: Indian Economy

Q:

Which one of the following is a development expenditure

A) Irrigation expenditure B) Civil administration
C) Debt services D) Grant in Aid
 
Answer & Explanation Answer: A) Irrigation expenditure

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Filed Under: Indian Economy

Q:

Per Capita Income is Obtained by dividing National Income by

A) Total population of the country B) Total working population
C) Area of the country D) Volume of the capital used
 
Answer & Explanation Answer: A) Total population of the country

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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:

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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Q:

Which is not include in the private income arising in a country

A) Factor income from net domestic product B) Net factor income from abroad
C) Current transfers from Government D) Current Payment on foreign loans
 
Answer & Explanation Answer: D) Current Payment on foreign loans

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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