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 Indian Economy Questions

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Q:

Where is the Forest Reserve Institute of India located

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

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Q:

Singbhum is famous for 

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

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1 2860
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

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Q:

Which of the following States has Shown highest decadal growth of population during 1991-2001

A) Manipur B) Meghalaya
C) Nagaland D) Sikkim
 
Answer & Explanation Answer: C) Nagaland

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Q:

The 2011 census could be the 

A) 13th census B) 14th census
C) 15th census D) 16th census
 
Answer & Explanation Answer: C) 15th census

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Q:

In the expansion phase of a business cycle

A) economy moves from peak to trough B) economy moves from contraction to peak
C) economy moves from trough to peak D) economy moves from trough to trough
 
Answer & Explanation Answer: C) economy moves from trough to peak

Explanation:

Business cycles are identified as having four distinct phases:

1. Expansion,

2. Peak,

3. Contraction, and

4. Trough.

Expansion is the phase of the business cycle when the economy moves from a trough to a peak. It is a period when the level of business activity surges and gross domestic product (GDP) expands until it reaches a peak. A period of expansion is also known as an economic recovery.

An expansion is characterized by increasing employment, economic growth, and upward pressure on prices.

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1 2828
Q:

Who amongst the following are the most literate in India as per 2001 Census

A) Buddhists B) Christianity
C) Jains D) Sikkims
 
Answer & Explanation Answer: C) Jains

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2 2807
Q:

Many time we read in financial newspaper about the performance of the Core Sector in Economy. Which of the following is NOT included in the core sector of the same

A) Coal B) Cement
C) Steel D) Auto Sector
 
Answer & Explanation Answer: D) Auto Sector

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