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 Indian Economy Questions

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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

Explanation:
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21 8981
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 8894
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 8864
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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Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

9 8850
Q:

An objective of the National Food Security Mission is to increase the production of certain crops through area expansion and productivity enhancement in a sustainable manner in the identified districts of the country. What are those crops?

A) Rice and Wheat only B) Rice, Wheat and pulses only
C) Rice, Wheat, Pulses and oil seeds only D) Rice, Wheat, Pulses, oil seeds and vegetables
 
Answer & Explanation Answer: B) Rice, Wheat and pulses only

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8 8714
Q:

The largest river of Penisular India is

A) Narmada B) Godavari
C) Mahanadi D) Cauvery
 
Answer & Explanation Answer: B) Godavari

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5 8426
Q:

Which company has overtaken Oil and Natural Gas Corp (ONGC) to become India’s most profitable state-owned company  ?

A) Indian Oil Corporation B) SAIL
C) Hindustan Petroleum D) GAIL
 
Answer & Explanation Answer: A) Indian Oil Corporation

Explanation:

Indian Oil Corp (IOC) has overtaken Oil and Natural Gas Corp (ONGC) to become India’s most profitable state-owned company. IOC, which has for decades been India’s biggest company by turnover, posted a 70 per cent jump in net profit to Rs 19,106.40 crore in the financial year ended March 31, 2017.

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

15 8331
Q:

Which of the following produces maximum crude petroleum in India at present

A) Assam B) Gujarat
C) Off shore Bombay High D) Coastal Tamil Nadu
 
Answer & Explanation Answer: C) Off shore Bombay High

Explanation:
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