Indian Economy Questions

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:

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 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)

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Q:

In India, the Community Development Programme was started on

A) October 2, 1952 B) October 2, 1957
C) October 2, 1959 D) October 2, 1961
 
Answer & Explanation Answer: A) October 2, 1952

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Q:

A rise in general level of prices may be caused by

A) an increase in the money supply B) an increase in the effective demand
C) a decrease in the aggregate level of output D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

All the three statements lead to either increase in demand of goods and services or decrease in the supply. This leads to increase in general level of prices.

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Q:

According to Nomura's Report, India’s GDP growth rate is expected to be around _________ in the financial year 2017-18.

A) 7.6% B) 7.3%
C) 7.8% D) 7.1%
 
Answer & Explanation Answer: D) 7.1%

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Q:

As per the Census of 2001, the least urbanised State of India is

A) Arunachal Pradesh B) Assam
C) Himachal Pradesh D) Uttar Pradesh
 
Answer & Explanation Answer: C) Himachal Pradesh

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Q:

Which of the following Schemes was launched to promote basic education in India and attract children in School going age to attend the classes?

A) Pulse Polio Abhiyan B) Operation Flood
C) Mid-Day Meal Schema D) Operation Black Board
 
Answer & Explanation Answer: C) Mid-Day Meal Schema

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