Online Quiz in Fundamental Concept of Indian Economy, General Knowledge for Competitive exams like IBPS BANK PO/Clerical,SBI,RRB,SSC,LIC,UPSC-CSAT,SCRA.MAT,CMAT,MBA,SNAP,CAT,NTSE,CLAT
Fundamental Concept of Indian Economy-Test 1
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Subject :- General Knowledge
Chapter :- Fundamental Concept of Indian Economy-Test 1
Questions :- 25
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Concider the following statements about post-cold war directional changes in the Indian Foreign Policy
By the mid 1990s,Indian Foreign Policy summited itself to a process of adaptive learning to boost its status and influnce in the global pecking order.
Indian Foreign Policy has shifted from an overemphasis on idealisim during cold war era to pragmatic realism in the post-cold war era.
Indian Foreign Policy is geared to establish tangible economic and security partnership with major religions and countries of the world. Which of the statement given above is/are correct?
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Question 2 of 25
2. Question
1 points
In which of the following types of economy are the factors of production owned individually?
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Question 3 of 25
3. Question
1 points
The value of final goods and services produced by the normal resident of a country and their property, whether operating within the domestic territory of the country or outside in a year is termed as
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Question 4 of 25
4. Question
1 points
A higher GDP per capita may not mean that the quality of life has really improved because
1.It shows about the gross income of the people just as an average and does not mean the same translating at the micro level.
2.The concept of per capita income lacks the element of inclusiveness.
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Question 5 of 25
5. Question
1 points
India is regarded as country with Demographic Dividend. This is due to
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Question 6 of 25
6. Question
1 points
To obtain full benifits of demographic dividend, what should India do?
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Question 7 of 25
7. Question
1 points
The most appropriate measures of a country’s economic growth is its
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Question 8 of 25
8. Question
1 points
Which of the following are signs of an open economy/
Share of trade in GDP is high
II.GDP and GNP are almost the same.
III. Exchange rate is determined by markets.
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Question 9 of 25
9. Question
1 points
Which committee was set by the review the concept of the poverty line?
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Question 10 of 25
10. Question
1 points
To derive Net National Product at Factor cost from Gross National Product at Factor cost we need to
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Question 11 of 25
11. Question
1 points
Net National Product (NNP) of a country is
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Question 12 of 25
12. Question
1 points
In India, the National income is measured on the basis of
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Question 13 of 25
13. Question
1 points
Global capital flows to developing countries increased significantly during the nineties. In view of the East Asian financial crisis and Latin America experience, which type of inflow is good for the host country?
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Question 14 of 25
14. Question
1 points
Which of the following came close to the meaning of Green GDP, a measure that was introduced in China a few years ago?
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Question 15 of 25
15. Question
1 points
When the growth of GDP in a country slows down suddenly, people start losing their jobs and the situation continues for several weeks what name is given to this state of economy (A big country was in this state recently)?
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Question 16 of 25
16. Question
1 points
In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?
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Question 17 of 25
17. Question
1 points
Economic liberalisation in India started with
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Question 18 of 25
18. Question
1 points
What is a green index?
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Question 19 of 25
19. Question
1 points
Since Independence, both development and non-development expenditure have increased, the increase in the former being little more than in the other non-development expenditure involves
interest payments II. Subsides
III . defence IV. Irrigation
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Question 20 of 25
20. Question
1 points
Which of the following is one of the measures of economic growth of a country?
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Question 21 of 25
21. Question
1 points
Which of the following is the most appropriate because of export surplus?
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Question 22 of 25
22. Question
1 points
The State Financial Corporations have given assistance mainle to develop
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Question 23 of 25
23. Question
1 points
New Economic Policy aims at
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Question 24 of 25
24. Question
1 points
when and under whose prime ministership was the Economic Policy first divised and implemented in India?
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Question 25 of 25
25. Question
1 points
. Which of the following is/are the components of Gross Domestic Capital Formation(GDCF)?