Indian Economy Questions

Q:

IPR stands for

A) Intellectual Property Rights B) International Property Rights
C) International Postgraduate Research D) Indian Property Rights
 
Answer & Explanation Answer: A) Intellectual Property Rights

Explanation:

IPR's stands for Intellectual Property Rights. Intellectual property is the product of the human intellect including creativity concepts, inventions, industrial models, trademarks, songs, literature, symbols, names, brands,....etc.

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2 2938
Q:

Which of the following is not a prime cost?

A) Supervisor's wages B) Assembly line wages
C) Machine operators wages D) Direct labor wages
 
Answer & Explanation Answer: A) Supervisor's wages

Explanation:

The prime cost calculates the use of raw materials and direct labor, but does not factor in indirect expenses, such as advertising and administrative costs.

Supervisor's wages doesn;t come under prime cost.

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2 2935
Q:

Singbhum is famous for 

A) Coal B) Copper
C) Iron D) Aluminium
 
Answer & Explanation Answer: C) Iron

Explanation:
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1 2932
Q:

The decadal growth in the population of India during 1991-2001 is close to 

A) 13% B) 17%
C) 21% D) 25%
 
Answer & Explanation Answer: C) 21%

Explanation:
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1 2927
Q:

Which one of the following National Highways is the longest

A) NH-2 B) NH-7
C) NH-8 D) NH-15
 
Answer & Explanation Answer: B) NH-7

Explanation:
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4 2909
Q:

Where is the Forest Reserve Institute of India located

A) Bhopal B) Dehradum
C) Lucknow D) Delhi
 
Answer & Explanation Answer: B) Dehradum

Explanation:
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7 2906
Q:

Market imperfections of a country are reflected in___________.

A) price rigidity B) factor immobility
C) lack of specialization D) All options are correct
 
Answer & Explanation Answer: D) All options are correct

Explanation:
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Exam Prep: Bank Exams

1 2888
Q:

In India, in the overall indexe of Industrial Production , the Indices of Eight Core Industries have a combined weight of 37.90%. Which of the following are among those Eight Core Industries?

1.Cement     2. Fertilizers      3.Natural gas     4. Refinery products     5. Textiles

A) 1 and 5 only B) 2, 3 and 4 only
C) 1, 2, 3 and 4 only D) 1, 2, 3, 4 and 5
 
Answer & Explanation Answer: C) 1, 2, 3 and 4 only

Explanation:
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