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 Indian Economy Questions

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Q:

Which of following sectors does NOT come under tertiary sector?

 

A) Electricity B) Business Services
C) Transport D) Trade
 
Answer & Explanation Answer: A) Electricity

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Q:

Which of the following is NOT a measure of Human Development Index?

 

A) Life expectancy B) Sex ratio
C) Literacy rate D) Gross enrolment
 
Answer & Explanation Answer: B) Sex ratio

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Q:

What information does a supply schedule provide

 

A) It shows the supply for a product at various prices B) It shows the supply for different products at different prices
C) It shows the supply for a product at a single price point D) None of the above
 
Answer & Explanation Answer: A) It shows the supply for a product at various prices

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Q:

"Gilt-edged" means ___________.

 

A) bullion market   B) market of government securities  
C) market of guns D) market of pure metals
 
Answer & Explanation Answer: B) market of government securities  

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Q:

In an economy , the sectors are classified into public and private on the basis of

A) employment conditions B) nature of economic activities
C) ownership of enterprises D) use of raw materials
 
Answer & Explanation Answer: C) ownership of enterprises

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Q:

The first Census in India during the British period was held during the tenure of

A) Lord Dufferin B) Lord Lytton
C) Lord Mayo D) Lord Ripon
 
Answer & Explanation Answer: C) Lord Mayo

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37 17579
Q:

For an inferior good demand falls when _________.

 

A) Piece rise   B) Price falls  
C) Income rise   D) Income falls  
 
Answer & Explanation Answer: C) Income rise  

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Q:

Who coined the term 'Hindu rate of growth' for Indian economy

A) A.K.Sen B) Kirit S.Parikh
C) Raj Krishna D) Montek Singh Ahluwalia
 
Answer & Explanation Answer: C) Raj Krishna

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