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 Indian Economy Questions

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Q:

As per Census of India 2011, the population density was about

A) 382 people per sq.km B) 353 people per sq.km
C) 402 people per sq.km D) 428 people per sq.km
 
Answer & Explanation Answer: A) 382 people per sq.km

Explanation:
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Q:

The determinants of aggregate demand

A) Consumption expenditure B) Investment expenditure
C) Government expenditure D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

Aggregate demand is the total demand for final goods and services in an economy at a given time.

A.D. = C + I + G + (X-M)

where,

A.D. is Aggregate Demand

C is consumption expenditure

I is Investment expenditure

G is Government expenditure and

(X-M) are Net exports (expenditure on Exports).

 

 

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Q:

Which country was ranked the world's richest in terms of per capita GDP of countries as per latest data released by the International Monetary Fund(IMF) on November 18, 2017?

 

A) UAE B) Qatar
C) Saudi Arabia D) Kuwait
 
Answer & Explanation Answer: B) Qatar

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