Quiz 200: Indian Economy for All Examinations

1. Which among the following is not a character of a underdeveloped economy?
[A] low per capita income
[B] low rate of capital formation
[C] working force largely in the tertiary sector
[D] All are characteristics of underdeveloped economy

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2. Which among the following is not an indicator of Human Development Index?
[A] national income
[B] life expectancy
[C] educational level
[D] All are indicators of HDI

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3. India is an underdeveloped economy. Which among the following is not a direct reason for this?
[A] Coexistence of pvt and public sector
[B] large-scale poverty
[C] poor techniques of production
[D] none of the above

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4. Which among the following is not an objective of long term planning in India?
[A] Self Reliance
[B] Growth in Infrastructure
[C] productive employment generation
[D] None of the above

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5. Among the Environment protection, flood control, fertilizers and diesel which can be classified as “merit goods’ for the purpose of subsidies?
[A] Environment protection, flood control and fertilizers only
[B] environment protection and flood control only
[C] flood control only
[D] environment protection only

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6. Which among the following is a clear indicator of inflation?
[A] falling prices
[B] slower growth of prices than before
[C] increase in the food supply
[D] decrease in the flood supply

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7. Which among the following is not a feature of India’s small scale industries in general?
[A] large employment potential
[B] great export potential
[C] great import potential
[D] efficient marketing system

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8. Which among the following is not a reason of low agricultural productivity in India on the basis of per worker and per hectare of land?
[A] pressure of population on land
[B] large landholdings in few hands
[C] maximum capital base
[D] none of the above

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9. Which among the following is not a quantitative credit control measure by Reserve Bank of India ?
[A] Varying cash reserve ratio
[B] Sales & purchase of government securities
[C] discriminatory rates of interest on certain advances
[D] none of the above

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10. Which among the following is not a liability of a bank?
[A] time deposits
[B] demand deposits
[C] security holdings
[D] All are liabilities of a bank

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Comments

  • Anonymous
    Reply

    its good

  • Ricky
    Reply

    I don't understand answer of Q-14.Plz help.

  • indian
    Reply

    I have my doubts about the 6th question.. Shouldn't prices be increasing at a faster rate than before during inflation? Please do clarify..

    Thanks a million for this.

  • Anonymous
    Reply

    good sir!!

  • Anonymous
    Reply

    to ricky

    Intermediate goods or producer goods are goods used as inputs in the production of other goods

  • pooja
    Reply

    its good

  • shivling
    Reply

    very nice