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 Indian Economy Questions

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Q:

Among the following rivers which one is the largest

A) Godavari B) Kaveri
C) Yamuna D) Krishna
 
Answer & Explanation Answer: A) Godavari

Explanation:
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Q:

Which state of India has recorded the highest rate of population growth in the last Census 2001

A) Gujarat B) Manipur
C) Nagaland D) Haryana
 
Answer & Explanation Answer: C) Nagaland

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2 3656
Q:

Which one of the following is NOT amethod of measurement of National Income

A) Value added method B) Income method
C) Expenditure method D) Investment method
 
Answer & Explanation Answer: D) Investment method

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3 3626
Q:

Which of the following is an example of representative money?

A) Salt B) A tract of land
C) Gold D) A check
 
Answer & Explanation Answer: D) A check

Explanation:

Representative money is an item such as a token or piece of paper that has no intrinsic value but can be exchanged on demand for a commodity that does have intrinsic value, such as gold, silver, copper,...

 

Hence, a Check is an example of representative money.

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Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

9 3605
Q:

Which statement describes the term salary?

A) Salary refers to the fixed amount paid on a daily basis. B) Salary refers to the varying amount paid on a daily basis.
C) Salary refers to the fixed amount paid on a weekly, bi-weekly, or monthly basis. D) None of the above
 
Answer & Explanation Answer: C) Salary refers to the fixed amount paid on a weekly, bi-weekly, or monthly basis.

Explanation:

A salary is best described as a fixed amount of income that is paid to an individual on a weekly, bi-weekly or monthly basis.

 

A salary can also be described as the annual earnings paid out over a year.

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2 3532
Q:

What is CPC  ?

A) Central Person scheme B) Central Pay commission
C) Central Paid determination D) Central Pay scheme
 
Answer & Explanation Answer: B) Central Pay commission

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6 3515
Q:

Which of the following is the scheme for which entire premium of the assured person is paid by the Central Government

A) Jawahar Bhima Yojana B) Shiksha Sahyog Yojana
C) Swarnajayanti Shahari Rozagar Yojana D) None of these
 
Answer & Explanation Answer: B) Shiksha Sahyog Yojana

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Q:

The exercise of converting the financial outlays into physical outcomes, with fixed quarterly measurable and monitorable target is called

A) Outcome budget B) Estimated budget
C) Expenditure estimate D) None of these
 
Answer & Explanation Answer: A) Outcome budget

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