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 Indian Economy Questions

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Q:

As per Census 2001, among the following hill states of India, which one has the highest literacy rate

A) Arunachal Pradesh B) Himachal Pradesh
C) Sikkim D) Uttarakhand
 
Answer & Explanation Answer: B) Himachal Pradesh

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1 3158
Q:

What is the total population of India in crores according to 2001 Census

A) 68 B) 84
C) 94 D) 102.70
 
Answer & Explanation Answer: D) 102.70

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1 3127
Q:

According to Census 2001, what is the percentage of male literacy

A) 75.85 B) 70
C) 65 D) 60
 
Answer & Explanation Answer: A) 75.85

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1 3117
Q:

Per Captain Income of a country derived from

A) National Income B) Population
C) National Income and Population both D) none of these
 
Answer & Explanation Answer: C) National Income and Population both

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1 3102
Q:

Gas authority of India Ltd.(GAIL) is likely to bag equity participation in a transational pipeline project from the Caspian Sea to Central Europe. What is the name of this 3,300 km pipeline project?

A) Natural Gas Transmission Company B) SNTGN Transgar SA
C) O M V Aktiengesellschaft D) Nabucco Natural Gas Pipeline Project
 
Answer & Explanation Answer: D) Nabucco Natural Gas Pipeline Project

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6 3101
Q:

Which of the following is not a Fixed Cost?

A) Insurance B) Salaries
C) Depreciation D) Direct Materials
 
Answer & Explanation Answer: D) Direct Materials

Explanation:

Direct Materials doesn't come under Fixed Cost because it vary with changes in the activity level of a business.

Fixed Cost :

A fixed cost is a cost that does not change over the short-term, even if a business experiences changes in its sales volume or other activity levels.

It is of some importance to understand the extent and nature of the fixed costs in a business, since a high fixed-cost level requires a business to maintain a high revenue level in order to avoid generating losses.

Examples of Fixed Cost are:

Insurance, Salaries, Rent, Property Taxes,...

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6 3079
Q:

As per the news reports, MTNL recently launched its 3G service and became the first telecome operator to launch the same in India. What is the full form of 'G' in 3G

A) Global B) Generation
C) Growth D) Gravity
 
Answer & Explanation Answer: B) Generation

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1 3054
Q:

Which of the following represents 'I' in the abbreviation IRDP

A) Integrated B) Indian
C) Insurance D) Internal
 
Answer & Explanation Answer: A) Integrated

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