This quiz works best with JavaScript enabled. Home > General Knowledge > Indian Economy > Overview > Indian Economy – Quiz 5 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Indian Economy Quiz 5 (14 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Assertion (A):Service sector covers activities in which natural products are changed into other forms through ways of manufacturing that we associated with. A) Both A and R are true and R is the correct explanation of A. B) Both A and R are true but R is not the correct explanation of A. C) A is true but R is false. D) A is false but R is true. Show Answer Correct Answer: D) A is false but R is true. 2. How much public sector was exist in 1951? A) 5. B) 14. C) 10. D) 29. Show Answer Correct Answer: A) 5. 3. POPULATION OF INDIA IN 2011 CENSUS A) 120.00. B) 121.08. C) 130.87. D) 130.87. Show Answer Correct Answer: B) 121.08. 4. Which one of the following has a lower Nominal GDP per capita more than India? A) Gabon. B) Madagascar. C) Kosovo. D) Estwani. Show Answer Correct Answer: B) Madagascar. 5. Scarcity is the root of A) Social problems. B) All economic problems. C) Political problems. D) All problems. Show Answer Correct Answer: B) All economic problems. 6. The one rupee note nears the signature of: A) President of India. B) Finance Secretary. C) RBI Governor. D) Finance Minister. Show Answer Correct Answer: B) Finance Secretary. 7. Which one of the following means of transport is used for carrying solids in a slurry form? A) Railway. B) Pipeline. C) Ships. D) Truck. Show Answer Correct Answer: B) Pipeline. 8. Which of the following best describes horizontal foreign direct investment? A) FDI in the same Industry abroad as the foreign investor for firm. B) Long-term lending to the foreign enterprises. C) FDI into industry that provides inputs to the firm. D) FDI into industry that uses the firms output. Show Answer Correct Answer: A) FDI in the same Industry abroad as the foreign investor for firm. 9. What is the growth rate percapita income on the eve of Independence? A) 4%. B) 1/2 %. C) 2.5%. D) None of the above. Show Answer Correct Answer: B) 1/2 %. 10. THE SECTORS ARE CLASSIFIED INTO PUBLIC & PRIVATE SECTOR ON THE BASIS OF- A) OWNERSHIP OF ENTERPRISES. B) THE NATURE OF ECONOMIC ACTIVITIES. C) NUMBER OF WORKERS EMPLOYED. D) EMPLOYMENT CONDITIONS. Show Answer Correct Answer: A) OWNERSHIP OF ENTERPRISES. 11. Which of the following was not a part of FDI policy 2017? A) Strengthening of FIPB. B) Introduction of foreign investment facilitation portal. C) Introduction of standard operating procedure. D) Issue of convertible notes by start ups. Show Answer Correct Answer: A) Strengthening of FIPB. 12. The Industrial Policy Resolution was adopted in ..... A) 1952. B) 1958. C) 1954. D) 1956. Show Answer Correct Answer: D) 1956. 13. Which of the following is a capital resource? A) Sewing machine. B) Money. C) Scissors. D) All of the above. Show Answer Correct Answer: D) All of the above. 14. Tha number of Banks nationalised since 1969 is A) 8. B) 12. C) 20. D) 14. Show Answer Correct Answer: C) 20. ← PreviousRelated QuizzesIndian Economy QuizzesGeneral Knowledge QuizzesIndian Economy Quiz 1Indian Economy Quiz 2Indian Economy Quiz 3Indian Economy Quiz 4 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books