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 Indian Economy Questions

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Q:

Who said 'Supply creates its own demand' ?

A) Marshall B) Ricardo
C) Adam Smith D) J. B. Say
 
Answer & Explanation Answer: D) J. B. Say

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT
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15 9127
Q:

Nature of unemployment in agriculture in India is

A) Seasonal B) Disguised
C) both ' a ' and ' b ' D) None of these
 
Answer & Explanation Answer: C) both ' a ' and ' b '

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9 9109
Q:

Which sector of Indian Economy has shown remarkable expansion during the last decade

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

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5 9085
Q:

The purchase of shares and bonds of Indian companies by Foreign Institutional Investors is called ?

A) FDI B) NRI Investment
C) Portfolio Investment D) Foreign Indirect Investment
 
Answer & Explanation Answer: D) Foreign Indirect Investment

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Exam Prep: CAT
Job Role: Bank Clerk , Bank PO

14 9025
Q:

As the economy develops, the share of the tertiary sector in the GDP

A) Decrease B) Decrease than Increase
C) Increases D) Remain Constant
 
Answer & Explanation Answer: C) Increases

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21 8880
Q:

In the history of Indian population, Which duration period is referred to as ' a great leap forward '

A) 1921 - 1931 B) 1941 - 1951
C) 1951 - 1961 D) 1971 - 1981
 
Answer & Explanation Answer: C) 1951 - 1961

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16 8768
Q:

ANBC full form is?

Answer

ANBC Full Form is Adjusted Net Bank Credit.


ANBC refers to Adjusted Net Bank Credit, is Net Bank Credit added to investments made by banks in non-SLR bonds (in held-to-maturity) or it is the credit equivalent of off-balance - sheet exposures, whichever is higher.


 


Net Bank Credit = Outstanding bank credits in India (-) Bills rediscounted with RBI/approved financial institutions.

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Subject: Indian Economy Exam Prep: GATE , CAT , Bank Exams
Job Role: Bank PO , Bank Clerk

17 8697
Q:

Take Off Stage in an economy means

A) All controls are removed B) Economy is stagnant
C) Steady growth begins D) Economy is about to collapse
 
Answer & Explanation Answer: C) Steady growth begins

Explanation:

"Take Off Stage" in an economy means Steady growth begins.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
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9 8597