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NATURE OF INDIAN ECONOMY QUESTIONS

Exam NameNATURE OF INDIAN ECONOMY QUESTIONS
DescriptionNATURE OF INDIAN ECONOMY QUESTIONS and Answers exams contains the questions from various competitive exams.These questions are the part of previous year paper.These kind of questions would be helpful in preparing for exams like IAS, PCS, UPSC, NDA, CDS SSC, RRB, PSC, IBPS
Exam TypeMASTER EXAM
Authenticity9988
creatorAnirudh(39270)

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Question: If two commodities are complements then their cross price elasticity is :

Answer:Negative


Question: Opportunity cost of production of a commodity is :

Answer:The next best alternative output sacrificed


Question: Surplus earned by a factor other than land in the short period is referred to as :

Answer:quasi-rent


Question: Which from the following is NOT true when the interest rate in the economy goes up ?

Answer:Return on capital increases


Question: The basis of determining dearness allowance to employees in India is ____?

Answer:Consumer Price Index


Question: 2.      NABARD is _____?

Answer:A bank (ANS)


Question: The most densely populated country in South Asia is ___?

Answer: Maldives


Question:     Interest Rate Policy is a part of ____?

Answer:Monetary Policy


Question: Indian Green Revolution is the most successful in ____?


Answer:Wheat and Rice


Question: Public Sector" means ____?


Answer:Government ownership on commerce and trade


Question: The largest source of National Income in India is _____?


Answer:Service Sector


Question: Inside Trading is related to _____?


Answer:Share Market


Question: The main objective of TRYSEM was ______?


Answer:To train rural youth for self employment


Question:  Which bank in India performs duties of Central Bank?

Answer:Reserve Bank of India


Question: Which of the following is a better measure of economic development?

Answer:National Income


Question: The cause of deflation is ____?

Answer:Lack of money supply as compared to supply of goods and services


Question: The working of SEBI includes ___?

Answer:All of these


Question: CAPART is related with ___?

Answer:Assisting and evaluating rural welfare programmes


Question: Kutir Jyoti scheme is associated with ___?

Answer:Providing electricity to rural families living below the poverty line


Question:  VAT is imposed ____?

Answer:On all stages between production and final sale