Indian Economy Questions

Q:

Total Output is a synonym for

A) aggregate demand B) gross domestic product
C) aggregate supply D) equilibrium
 
Answer & Explanation Answer: C) aggregate supply

Explanation:

Total Output is a synonym for Aggregate supply or Initial production.

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Q:

Which among the following is NOT a function of RBI? 

A) Serve as debt manager to other banks B) To work as monetary authority and implement its Monetary Policy
C) Serve as banker to central and state governments D) To serve as issuer of bank notes
 
Answer & Explanation Answer: A) Serve as debt manager to other banks

Explanation:

Serve as debt manager to other banks is not a function of RBI Bank.

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Q:

Which of the following is a programme under which electric connection is given to people  below poverty line

A) MPLADS B) Kutir Jyoti
C) Ganga Kalyan Yojana D) Sangam Yojana
 
Answer & Explanation Answer: B) Kutir Jyoti

Explanation:
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Q:

Which one of the following years is known as the 'Year of the Great Divide' with regard to population, after which there has been a continuous and rapid growth in India's population?

A) 1911 B) 1921
C) 1941 D) 1951
 
Answer & Explanation Answer: B) 1921

Explanation:
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Q:

In which State of India,the sex ration is more than 1000

A) Andhra Pradesh B) Karnataka
C) Kerala D) Tamil Nadu
 
Answer & Explanation Answer: C) Kerala

Explanation:
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Q:

Which property classification would include tools?

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Subject: Indian Economy Exam Prep: CAT , Bank Exams , AIEEE
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2 3067
Q:

The percentage of Urban population to total population in India is 

A) 20.28 B) 22.52
C) 25.72 D) 27.80
 
Answer & Explanation Answer: D) 27.80

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Q:

Which one is not the main objective of fiscal policy in India?

A) To increase liquidity in the economy B) To promote price stability
C) To minimize the inequalities of income & wealth D) To promote employment opportunity
 
Answer & Explanation Answer: A) To increase liquidity in the economy

Explanation:
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Exam Prep: Bank Exams

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