Indian Economy MCQ Question Answers

Indian Economy

Q. In India, rural incomes are generally lower than the urban incomes, which of the following reasons account for this? I=A large number of farmers are illiterate and know little about scientific agricultureII=Prices of primary products are lower than those of manufactured products III=Investment in agriculture has been low when compared to investment in industry

A.
I, II
B.
I, II, III
C.
I, III
D.
II, III

Answer

Correct Answer : I, II, III

Discuss

Indian Economy

Q. In India, rural incomes are generally lower than the urban incomes, which of the following reasons account for this? I=A large number of farmers are illiterate and know little about scientific agricultureII=Prices of primary products are lower than those of manufactured products III=Investment in agriculture has been low when compared to investment in industry

A.
I, II
B.
I, III
C.
I, II, III
D.
II, III

Answer

Correct Answer : I, II, III

Discuss

Indian Economy

Q. In India, the first bank of limited liability managed by Indians and founded in 1881 was

A.
Oudh Commercial Bank
B.
Hindustan Commercial Bank
C.
Punjab National Bank
D.
Punjab and Sind Bank

Answer

Correct Answer : Oudh Commercial Bank

Discuss

Indian Economy

Q. In India, the first bank of limited liability managed by Indians and founded in 1881 was

A.
Oudh Commercial Bank
B.
Punjab National Bank
C.
Hindustan Commercial Bank
D.
Punjab and Sind Bank

Answer

Correct Answer : Oudh Commercial Bank

Discuss

Indian Economy

Q. In India, the second largest provider of employment after agriculture is:

A.
Chemical Sector
B.
Textile Sector
C.
Iron and Steel Sector
D.
Telecommunication sector

Answer

Correct Answer : Textile Sector

Discuss

Indian Economy

Q. In India, the second largest provider of employment after agriculture is:

A.
Chemical Sector
B.
Iron and Steel Sector
C.
Textile Sector
D.
Telecommunication sector

Answer

Correct Answer : Textile Sector

Discuss

Indian Economy

Q. In India, the state which has the largest forest cover is:

A.
Arunachal Pradesh
B.
Madhya Pradesh
C.
Chattisgarh
D.
Odisha

Answer

Correct Answer : Madhya Pradesh

Discuss

Indian Economy

Q. In India, the state which has the largest forest cover is:

A.
Arunachal Pradesh
B.
Chattisgarh
C.
Madhya Pradesh
D.
Odisha

Answer

Correct Answer : Madhya Pradesh

Discuss

Indian Economy

Q. In India, which one among the following formulates the fiscal policy?

A.
Ministry of Finance
B.
Planning Commission
C.
Finance Commission
D.
The Reserve Bank of India

Answer

Correct Answer : Ministry of Finance

Discuss

Indian Economy

Q. In India, which one among the following formulates the fiscal policy?

A.
Ministry of Finance
B.
Finance Commission
C.
Planning Commission
D.
The Reserve Bank of India

Answer

Correct Answer : Ministry of Finance

Discuss