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INDIAN ECONOMY
INDIAN ECONOMY MOCK TEST SET 6
January 14, 2016
0

1. The largest percentage of unemployed people in India comes under

1. educated and disguised unemployed
2. educated and seasonal unemployment
3. uneducated and seasonal unemployment
4. None of these

Answer

2

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2. As per a recent estimate, the black money in India is approximately

1. equal to the GNP
2. 40% of our GDP
3. 50% of our GDP
4. double the GDP

Answer

3

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3. As per the recent HDI Report, the country at the top of developmental under is

1. USA
2. Switzerland
3. Luxembourg
4. Canada

Answer

3

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4. The European Union was formed as a result of

1. Maastricht Treaty
2. Marrakesh Conference
3. Uruguay Round
4. Brettenwoods Conference

Answer

1

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5. The biggest contributor to the GDP is

1. agriculture
2. manufacturing
3. agro-indutries
4. the services

Answer

4

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6. The creation of more credit by banks is a part of

1. credit policy
2. fiscal policy
3. monetary policy
4. bank policy

Answer

3

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7. The maximum share of the Central Government revenues comes from

1. excise duties
2. customs duties
3. income tax
4. sales tax

Answer

1

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8. An economic condition combining stagnation and inflation is known as
1. Reflation
2. Reinflation
3. Deflation
4. Stagflation

Answer

4

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9. The Great Depression took place in
1. 1929
2. 1945
3. 1919
4. 1991

Answer

1

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10. The Great Population Divide in India was during
1. 1951-61
2. 1911-21
3. 1971-81
4. 1981-91

Answer

2

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