national income & human development index section 3 Practice Questions Answers Test with Solutions & More Shortcuts
National Income & Human Development Index PRACTICE TEST [5 - EXERCISES]
national income & human development index section 1
national income & human development index section 2
national income & human development index section 3
national income & human development index section 4
national income & human development index section 5
Question : 26
Market Based economic climate means:
a) Some financial choice are taken by authorities and different are left to market forces
b) All financial determinations are taken based mostly on the demand and provide forces
c) Government has full handle over the exclusive sector
d) Economic judgements are taken after maintaining in view the social welfare
Answer »Answer: (b)
Market-based economic climate refers back to the financial system the place all financial judgements are taken based mostly on the demand and provide circumstances prevailing out there.
Government has minimal interference in financial actions. Private gamers are free to supply the items and expertise based mostly on the demand and provides alerts out.
Question : 27
Which one of the following is not included in the Agriculture and Allied Services of Indian Economy?
a) Forestry
b) Fishing
c) Logging
d) Food Processing
Answer »Answer: (d)
Agriculture (crops) and allied sectors are like forestry, logging and fishing. Food processing is not included in the Agriculture and allied services of Indian Economy.
Question : 28 [UPPCS (Pre) 2012]
Which of the following statements is not true of the Indian Economy?
a) The share of service sector in India’s GDP is only 25%
b) Its share of world population is only 16%, but its share of world GDP is 1.6%
c) India occupies only 2.4% of the world’s geographical area
d) 58% of its working population is engaged in agriculture, but the contribution of agriculture to the national income is 22%
Answer »Answer: (a)
IMPORTANT indian economy mcq EXERCISES
National Income & Human Development Index 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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