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 Indian Economy Questions

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Q:

The implementation of Jawahar Rojgar Yojana rests with

A) Gram Panchayat B) District Collector
C) State Government D) Union Government
 
Answer & Explanation Answer: A) Gram Panchayat

Explanation:
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Filed Under: Indian Economy

29 17156
Q:

Consider the following statements:

1. Inflation in India continued to be moderate during 2017-18

2. There was significant reduction in food inflation, particularly pulses and vegetables during the period.


Which of the statements given above is/are correct?

A) 1 only B) 2 only
C) Both 1 and 2 D) Neither 1 nor 2
 
Answer & Explanation Answer: C) Both 1 and 2

Explanation:

According to the Survey, inflation in the country continued to moderate during 2017-18 with the CPI based headline inflation averaging 3.3 per cent during the period --the lowest in the last six financial years

Retail inflation fell to a record low of 2.18% in May as prices of kitchen staples like vegetables and pulses declined sharply although there was a marginal spike in fruit rates.

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Exam Prep: Bank Exams

1 17077
Q:

In India, planned economy is based on

A) Mixed Economy System B) Capitalist System
C) Gandhian System D) Socialist System
 
Answer & Explanation Answer: D) Socialist System

Explanation:

In_India,_planned_economy_is_based_on1556278122.jpg image

 

In India, planned economy is based on Socialist System.

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

30 16594
Q:

The prices at which the government purchases food grains for maintaining the Public Distribution system (PDS) and for building up buffer - stock is known as :

A) minimum support prices B) procurement prices
C) issue prices D) ceiling prices
 
Answer & Explanation Answer: B) procurement prices

Explanation:
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26 16491
Q:

In India, the state known for its sandalwood is

A) Karnataka B) Assam
C) Kerala D) West Bengal
 
Answer & Explanation Answer: A) Karnataka

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35 15878
Q:

When was the first national Forest Policy issued by the Government of India

A) 1940 B) 1952
C) 1942 D) 1999
 
Answer & Explanation Answer: B) 1952

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40 15777
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 15684
Q:

Which amongst the following states/UTs has Not identified tribal community

A) Chhattisgarh B) Haryana
C) Maharashtra D) Karnataka
 
Answer & Explanation Answer: B) Haryana

Explanation:
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29 14989