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 Indian Economy Questions

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Q:

Nuclear energy is a mineral based source, it is derived from

A) Uranium B) Thorium
C) Plutonium D) All of these
 
Answer & Explanation Answer: D) All of these

Explanation:
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7 6011
Q:

Second Nationalization of Commercial Banks in India took place in ?

A) 1890 B) 1969
C) 1972 D) 1980
 
Answer & Explanation Answer: D) 1980

Explanation:

First nationalisation of commercial banks in India took place in 1969 and second time in 1980.

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Exam Prep: Bank Exams , CAT
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15 5987
Q:

In budget 2017-18, the fund allocation for Deen Dayal Upadhyay Gram Jyoti Yojana Scheme ?

A) Rs. 6815 Crores B) Rs. 5550 Crores
C) Rs. 4814 Crores D) Rs. 2115 Crores
 
Answer & Explanation Answer: C) Rs. 4814 Crores

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13 5956
Q:

Which of the following sectors is NOT considered ' Infrastructure Sector '

A) Software B) Cement
C) Petroleum D) Steel
 
Answer & Explanation Answer: A) Software

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6 5939
Q:

What is the longest irrigation canal India called

A) Yamuna Canal B) Sirhind canal
C) Indira Gandhi canal D) Upper Bari Doab Canal
 
Answer & Explanation Answer: C) Indira Gandhi canal

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8 5879
Q:

Gold Mines in India are located mainly at

A) Kolar B) Raniganj
C) Jadugoda D) Veeranam
 
Answer & Explanation Answer: A) Kolar

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8 5701
Q:

GDP can be calculated by summing

A) Consumption, investment, government purchases, and net exports B) Consumption, investment, government spending, and imports
C) Consumption, investment, government purchases, and imports D) Consumption, investment, wages, and rent
 
Answer & Explanation Answer: A) Consumption, investment, government purchases, and net exports

Explanation:

Gross domestic product (GDP) is the monetary value of all the finished goods and services produced within a country's borders in a specific time period.

Simply, GDP is a broad measurement of a nation’s overall economic activity. 

It is calculated by summation of Consumption, investment, government purchases, and net exports.

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5 5547
Q:

Who propounded the Market law?

A) J. B. Say B) T. R. Malthus
C) Adam Smith D) David Ricardo
 
Answer & Explanation Answer: A) J. B. Say

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