introduction to indian economy section 14 Practice Questions Answers Test with Solutions & More Shortcuts
Introduction to Indian Economy PRACTICE TEST [14 - EXERCISES]
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introduction to indian economy section 14
Question : 41
Human Development Index comprises literacy rates, life expectancy at birth and
a) GDP per head at real purchasing power.
b) GNP in US dollars
c) GDP per head in the US dollars.
d) National Income per head in US dollars.
Answer »Answer: (d)
Human Development Report the HDI combines three dimensions:
- A long and healthy life: Life expectancy at birth,
- Education Index: Mean years of schooling and
- Expected years of schooling and A decent standard of living: GNI per capita (PPP US$).
Question : 42 [SSC CGL 2016]
The Kaushal Kendra (skilling center) under the Pradhan Mantri Mudra Yojana has been inaugurated in the city of ___
a) Kolkata
b) Noida
c) Mumbai
d) Hyderabad
Answer »Answer: (b)
Prime Minister Narendra Modi, on 5 April 2016, launched the Stand Up India Scheme to promote entrepreneurship among Scheduled Caste/Scheduled Tribes and Women entrepreneurs.
On this occasion, the Prime Minister also inaugurated a Kaushal Kendra (Skilling Center) under Pradhan Mantri Mudra Yojna in Noida, Uttar Pradesh.
Question : 43
Which indicators are used to calculate the Human Development Index (HDI)?
a) Life expectancy, educational attainment, per capita GDP
b) Population growth, per capita GDP, life expectancy
c) Population growth, infant rate, malnutrition
d) Current account balance, infant mortality rate, educational attainment.
Answer »Answer: (b)
Question : 44 [SSC IT 2004]
Which one of the following currencies has the highest value in terms of rupee ?
a) Dollar
b) Pound
c) Euro
d) Saudi Rial
Answer »Answer: (b)
1 British pound sterling = 86.9932 Indian rupees;
1 US dollar = 54.3300 Indian rupees;
1 euro = 69.7163 Indian rupees; and
1 Saudi riyal = 14.4872 Indian rupees.
Question : 45 [SSC CML 2001]
The Reserve Bank of India
a) provides finance to primary cooperative societies
b) provides direct fiancee to agriculture
c) provides finance to state cooperative banks
d) does not provide finance to agriculture
Answer »Answer: (d)
The agricultural policy of the Government of India envisages substantial credit flow to increase agricultural production and productivity.
Banks provide term finance to farmers for development purposes and short term loans for production purposes. Besides, NABARD provides its refinance for the promotion of agriculture in India.
IMPORTANT indian economy mcq EXERCISES
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Introduction to Indian Economy Shortcuts »
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indian economy MCQ CATEGORIES
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» Introduction to Indian Economy
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» Planning, Economic Development & Five year Plans
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» National Income & Human Development Index
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» Agriculture Sector, Subsidy and Food Processing
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» Industries, Manufacturing & Service Sectors
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» Inclusive growth, Sustainable development and employment
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» Poverty & Unemployment
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» Introduction to Micro Economics
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» Introduction to Macro Economics
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» Macro fundamentals, GDP, Investment, Growth
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» Demand & Supply, Profit Loss, Inflation & Price Index
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» Fiscal Policy, Public Finance and Monetary Policy
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» Money Supply, Banking and Financial Institutions
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» Taxes Types, Methods & Budgeting Process
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» Banking, Security Market & Insurance
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