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IAS Economy Practice Question . 20

Consider the following core industries of India 1. Crude Oil production 2. Electricity generation 3. Coal production Which among the following is the correct decreasing order of their weight in the Index of Industrial Production (IIP)? [A]1, 2, 3 [B]2, 1, 3 [C]3, 1, 2 [D]3, 2, 1 Click for Answer & Explanation Answer: 2, ..

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IAS Economy Practice Question . 19

Which among the following country is known for first use of paper currency notes? [A]United States [B]England [C]China [D]Japan Click for Answer & Explanation Answer: China The first use of paper currency can be traced back to the year 806 AD in China where they were used as “flying currency” because of the usage of ..

IAS Economy Practice Question . 18

Consider the following statements about the Gilt Funds in India: 1. They are a kind of mutual funds 2. They invest in Government securities 3. They are risk free Which among the above is/ are correct? [A]Only 1 [B]Only 1 & 3 [C]Only 1 & 2 [D]Only 2 & 3 Click for Answer & Explanation ..

IAS Economy Practice Question . 17

What are the features of Self Help Groups in India: 1. They are made up of homogenous social and economic backgrounds 2. They are voluntary in participation 3. They are registered as a society in India Choose the correct option: [A]Only 1 [B]1 & 2 [C]2 & 3 [D]1, 2 & 3 Click for Answer ..

IAS Economy Practice Question . 16

In economy, what is generally measured by calculating concentration ratios? [A]Capital [B]Competition [C]Production Capacity [D]Geographical Coverage by suppliers Click for Answer & Explanation Answer: Competition Competition is generally measured by calculating concentration ratios. Concentration ratios indicate whether an industry consists of a few large firms or many small firms. Two of the most commonly used ..

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