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 Indian Economy Questions

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Q:

Which one of the following is an abiotic and renewable resource

A) Iron ore B) Livestock
C) Water D) Forests
 
Answer & Explanation Answer: C) Water

Explanation:
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Q:

Should the parents inIndia in future be forced to opt for one child against the 2 or many at present?

  1. Yes.This the only way to check the ver increasin population of India
  2. No.This type of pressure tactic is not adopted by any other country in the world

A) Only 1 is true B) Only 2 is true
C) Either 1 or 2 is true D) Neither 1 nor 2 is true
 
Answer & Explanation Answer: A) Only 1 is true

Explanation:

Clearly adoptindg such a policy help to regulate the population gowth,which inturn will facilitate the proper growth of economy and optimum utilization of country resources.

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Q:

According to Census 2001, what is the percentage of male literacy

A) 75.85 B) 70
C) 65 D) 60
 
Answer & Explanation Answer: A) 75.85

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Q:

Per Captain Income of a country derived from

A) National Income B) Population
C) National Income and Population both D) none of these
 
Answer & Explanation Answer: C) National Income and Population both

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Q:

According to the Census 2001, the density of population in India(per square km) is

A) 304 B) 324
C) 344 D) 364
 
Answer & Explanation Answer: B) 324

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Q:

Which of the following represents 'I' in the abbreviation IRDP

A) Integrated B) Indian
C) Insurance D) Internal
 
Answer & Explanation Answer: A) Integrated

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Q:

Excise duty is a tax levied on the

A) Export of goods B) Import of goods
C) sale of goods D) Production of goods
 
Answer & Explanation Answer: D) Production of goods

Explanation:

An excise or excise tax or excise duty is a type of tax charged on goods produced within the country (as opposed to customs duties, charged on goods from outside the country). It is a tax on the production of a good. This tax is now known as the Central Value Added Tax (CENVAT).

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Q:

Which of the following indexes is developed to measure life expectancy, level of literacy, education and standard of living of people in a country?

A) Inflation B) Sensex
C) SLR D) Human Development Index (HDI)
 
Answer & Explanation Answer: D) Human Development Index (HDI)

Explanation:
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