macro fundamentals, GDP, investment & growth section 2 MCQ Questions & Answers Detailed Explanation
MOST IMPORTANT indian economy mcq - 4 EXERCISES
The following question based on Macro fundamentals, GDP, Investment, Growth topic of indian economy mcq
- Real GDP is increasing
- Nominal GDP is increasing
- Rate of growth of real GDP is increasing
- Rate of growth of nominal GDP is increasing
(a) (i) & (iii) only
(b) (i) & (ii) only
(c) (i) only
(d) (i) & (iv) only
The correct answers to the above question in:
Answer: (c)
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Question : 1
Green revolution was the result of adaption of New Agricultural strategy which was introduced in 20th Century during decades of
a) Sixties
b) Fifties
c) Eighties
d) Seventies
Answer »Answer: (a)
Question : 2
Since 1997-98 which statement is correct regarding Minimum Support Price (MSP)?
a) MSP > C2 costs
b) MSP = C2 costs
c) MSP is independent to C2 cost
d) MSP < C2 costs
Answer »Answer: (a)
Question : 3
Public Distribution System is aimed at
a) to prevent hoarding and black marketing
b) providing food security to the poor
c) All of the above
d) to prevent overcharging by traders
Answer »Answer: (c)
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macro fundamentals, GDP, investment & growth section 1
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