Indian Economy Questions

Q:

Which of the following is a tertiary activity?

A) Farming B) Manufacturing
C) Dairying D) Trading
 
Answer & Explanation Answer: D) Trading

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 726
Q:

If tea companies start using mechanised tea leave pickers

A) more people would want to work as tea leave pickers B) unemployment of tea leave pickers will decrease
C) more tea will be produced per acre D) then wages for manual tea leave pickers will fall
 
Answer & Explanation Answer: D) then wages for manual tea leave pickers will fall

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 723
Q:

Which level does macroeconomics focus on?

A) Government B) Business
C) Personal D) None
 
Answer & Explanation Answer: A) Government

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 722
Q:

In a period when an economy is facing price rise, and along with that there is slowing down of economy activities, this is case of _________.

A) Deflation B) Stagflation
C) Recession D) Depression
 
Answer & Explanation Answer: B) Stagflation

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 721
Q:

Which Indian stock exchange is planning to launch its own Initial Public Offering (IPO)?

A) Saurashtra Kutch Stock Exchange (SKSE) B) National Stock Exchange (NSE)
C) Cochin Stock Exchange (CoSE) D) Bombay Stock Exchange (BSE)
 
Answer & Explanation Answer: B) National Stock Exchange (NSE)

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 721
Q:

If quantity of good X demanded increases from 4000 units to 5000 units when price of good Y increases from Rs 75 to Rs 90, find Arc Cross elasticity of demand?

A) 0.55 B) 1.66
C) 0.25 D) 1.22
 
Answer & Explanation Answer: D) 1.22

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 720
Q:

Which of the following is NOT included in general methodology while assessing the national income?

A) Pension B) Investment Expenditure
C) Value added D) Consumption Expenditure
 
Answer & Explanation Answer: A) Pension

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 720
Q:

Under GST regime, in ‘Composition Scheme’, taxpayers have to fill returns ______.

A) Monthly B) Half-yearly
C) Quarterly D) Bi-Monthly
 
Answer & Explanation Answer: C) Quarterly

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 719