31. Which among the following comes under primary sector of Indian Economy?

1. Sugar Industry
2. Dairy
3. Banking
4. Transport of Goods

Option “B” is correct
Indian economy is classified into three sectors viz, Primary sector, Secondary sector and Tertiary sector. Agriculture,Dairy, forestry, pasturing, mining, fishing are in the primary sector.
32. What is the full form of FDI?

1. Foreign Direct Input
2. Foreign Direct Investment
3. Fiscal Direct Investment
4. Fiscal Direct Input

Option “B” is correct
FDI is an investment in a country by a company located in another country. The investment is called direct because the investor, is a foreign entity try to control or manage things of another country.
33. In which situation, wages and prices chase each other at a very quick speed?

1. Disinflation
2. Reflation
3. Stagflation
4. Hyper-inflation

Option “D” is correct
Hyperinflation is an extremely rapid period of inflation, usually caused by a rapid increase in the money supply.
34. Banking comes under which of the following sector?

1. Primary sector
2. Secondary sector
3. Tertiary sector
4. Both Secondary and Tertiary sectors

Option “C” is correct
Service sector also known as tertiary sector includes all branches of human activity whose core is to provide services.Banking ,transportation,fianancial service etc come in the category of service sector.
35. Which of the following is a basic characteristic of ‘Oligopoly’?

1. Many sellers, many buyers
2. Few sellers, few buyers
3. Few sellers, many buyers
4. Many sellers, few buyers

Option “C” is correct
An oligopoly is a market structure in which a few firms dominate. When a market is shared between a few firms and many buyers .
36. What was the main objective of the 5th Five Year Plan?

1. Removal of poverty and achievement of self-reliance
2. Faster, more inclusive and sustainable growth
3. Inclusive growth
4. None of these

Option “A” is correct
The 5th Five Year Plan (1974-79) objective was to increase the level of employment, reduce poverty and to attain self sufficiency in agriculture.
37. In Indian economy, the sectors are divided into Private and Public on what basis?

1. Ownership of enterprises
2. Usage of raw materials
3. Nature of economic activities
4. Employment policies

Option “A” is correct
Indian economy, the sectors are divided on the ownership. Privately companies is that in which company is owned by the company’s founders, management or a group of private investors while public company is that portion of an economic system that is controlled by national, state or provincial, and local governments.
38. What is moderate degree of controlled inflation called as?

1. Reflation
2. Stagflation
3. Hyper-inflation
4. Disinflation

Option “A” is correct
Reflation is the act of stimulating the economy by increasing the money supply or by reducing taxes, seeking to bring the economy.It is moderate way to control of inflation.
39. What is the full form of ‘CARE’, the third credit rating agency in India?

1. Credit Analysis and Rating Enterprise
2. Credit Agency of Rating Equities
3. Credit Agency of Rating Enterprise
4. Credit Analysis and Research

Option “D” is correct
Credit Analysis and Research Ltd. (CARE) is the first credit rating agency recognized by the Capital Markets Development Autority (CMDA),
40. What is difference of Revenue expenditure and Revenue receipts called as?

1. Revenue
2. Total expenditure
3. Revenue Deficit
4. Total revenue

Option “C” is correct
Revenue Deficit= Revenue expenditure – Revenue receipts
Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25

11 thoughts on “Indian Economy”

  7. Bruceagoxy

    На данном ресурсе можно приобрести модные сумки Balenciaga по привлекательной стоимости. Большой выбор позволяет найти сумку на любой вкус для каждого. Приобретайте фирменные товары Balenciaga легко и удобно.
    https://bags.balenciager.ru/

  8. Yasuko

    Hi! Do you know if they make any plugins to help with SEO?
    I’m trying to get my blog to rank for some targeted keywords but I’m not seeing very good results.

    If you know of any please share. Appreciate it! You can read similar blog
    here: Warm blankets

  9. Janhvi

    Very helpful for me this
    I thankful to that person make this
    This is helpful for every competitive exam preparation students
    Who belongs to poor family ❤️
    Not effort books they can learn and practice from there
    Thanks

  10. Rolandbar

    На этом сайте вы сможете найти подробную информацию о терапии депрессии у людей преклонного возраста. Также здесь представлены методах профилактики, актуальных подходах и советах экспертов.
    http://forum.selbstmord.com/viewtopic.php?p=81746

  11. BennyHam

    На этом сайте вы сможете найти подробную информацию о терапии депрессии у людей преклонного возраста. Также здесь представлены методах профилактики, современных подходах и советах экспертов.
    http://cascaderpark.pl/witaj-swiecie/comment-page-5109/

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top