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2
Q:

Which of the following should always be balanced in the foreign trade of India?

 

 

A) Balance of Trade B) Balance of Paymen
C) Balance of Current Account D) No option is correct

Answer:   B) Balance of Paymen



Explanation:
Subject: Indian Economy
Exam Prep: Bank Exams
Related Questions
Q:

In India ,Hindu Rate of growth is associated with which of the following

A) Birth Rate B) Population
C) Per Capita Income D) National Income
 
Answer & Explanation Answer: D) National Income

Explanation:
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11 10711
Q:

The base year for computation of National Income in India is

A) 1990 - 91 B) 1993 - 94
C) 1999 - 2000 D) 2000 - 01
 
Answer & Explanation Answer: B) 1993 - 94

Explanation:
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21 13597
Q:

The main source of National Income in India is

A) Service Sector B) Agriculture
C) Industrial Sector D) Trade Sector
 
Answer & Explanation Answer: A) Service Sector

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81 30987
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

Explanation:
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1 2897
Q:

National Income estimates in India are prepared by

A) Planning Commission B) Reserve Bank of India
C) Central statistical organisation D) Indian statistical Institute
 
Answer & Explanation Answer: C) Central statistical organisation

Explanation:
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770 119375
Q:

Which sector of Indian Economy contributes largest to the Gross National Product 

A) Primary sector B) Secondary sector
C) Tertiary sector D) Public Sector
 
Answer & Explanation Answer: C) Tertiary sector

Explanation:
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16 15580
Q:

What is the full form of GDP

A) Gross domestic product B) Global domestic Ratio
C) Gross depository revenue D) Global depository receipts
 
Answer & Explanation Answer: A) Gross domestic product

Explanation:

GDP full form is Gross domestic product.

 

It is a measurement of a nation’s overall economic activity. 

GDP is the monetary value of all the finished goods and services produced within a country's borders in a specific time period.

 

gdp_full_form_is1536139309.jpg image

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Job Role: Analyst , Bank Clerk , Bank PO

56 25233
Q:

Which one of the following can be called as a part of the Service Sector

A) Textile Mills B) Banking
C) Coal mines D) Agriculture
 
Answer & Explanation Answer: B) Banking

Explanation:
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