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 Indian Economy Questions

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Q:

If demand curve for radial car tyres is D = 230000 ­ 19P and supply curve is S = 180000 + 6P, find the equilibrium Quantity?

A) 19200 units B) 291000 units
C) 29100 units D) 192000 units
 
Answer & Explanation Answer: D) 192000 units

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Exam Prep: Bank Exams

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Q:

Tax on inheritance is called __________

A) Excise duty B) Estate duty
C) Gift tax D) Sales tax
 
Answer & Explanation Answer: B) Estate duty

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Q:

SEBI is ___________.

A) Constitutional body B) advisory body
C) statutory body D) non-statutory body
 
Answer & Explanation Answer: C) statutory body

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Exam Prep: Bank Exams , CAT

0 1033
Q:

Find the similarity among the following: Makar Sankranthi, Pongal, Lohri, Baisakhi

A) All are festivals of North India B) All are names of harvest festivals
C) All are festivals celebrated in the month of January D) There is no similarity at all
 
Answer & Explanation Answer: B) All are names of harvest festivals

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Q:

The best solution for overcoming the evil effects of small and uneconomic holdings is: ___________.

A) urbanization of rural population B) using capital intensive technology
C) co-operative farming D) rapid industrialization
 
Answer & Explanation Answer: C) co-operative farming

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Exam Prep: Bank Exams

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Q:

Which among the following is the difference in valuebetween a countrys imports and exports?

A) Balance of Trade B) Balance of Payment
C) Balance of power D) Credit Balance
 
Answer & Explanation Answer: A) Balance of Trade

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Q:

Unemployment resulting from industrial reorganization, typically due to technological change, rather than fluctuations in supply or demand is called

A) Structural unemployment B) Frictional unemployment
C) Seasonal unemployment D) Cyclical unemployment
 
Answer & Explanation Answer: A) Structural unemployment

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Exam Prep: Bank Exams

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Q:

Economic planning in India is in____

A) Union List B) State list
C) Concurrent List D) None
 
Answer & Explanation Answer: C) Concurrent List

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