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- Question
Who coined the term 'Hindu rate of growth' for Indian economy
Options- A. A.K.Sen
- B. Kirit S.Parikh
- C. Raj Krishna
- D. Montek Singh Ahluwalia
- Correct Answer
- Raj Krishna
- 1. In an economy , the sectors are classified into public and private on the basis of
Options- A. employment conditions
- B. nature of economic activities
- C. ownership of enterprises
- D. use of raw materials Discuss
- 2. What is the name of the group of agriculture exporting countries formed in 1986, that has put agriculture on the multi lateral trade agenda at the WTO?
Options- A. The Cairns Group
- B. ASEAN
- C. SCANA
- D. NAFTA Discuss
- 3. In India, the state known for its sandalwood is
Options- A. Karnataka
- B. Assam
- C. Kerala
- D. West Bengal Discuss
- 4. One of the problems in finding out National Income in India is
Options- A. Non-monetary consumption
- B. Tax evasion
- C. Inflation
- D. Conspicuous consumption Discuss
- 5. The first Census in India during the British period was held during the tenure of
Options- A. Lord Dufferin
- B. Lord Lytton
- C. Lord Mayo
- D. Lord Ripon Discuss
- 6. The Minimum Alternative Tax (MAT) was introduced in the Budget of the Government of India for the year
Options- A. 1991-92
- B. 1992-93
- C. 1995-96
- D. 1996-97 Discuss
- 7. The implementation of Jawahar Rojgar Yojana rests with
Options- A. Gram Panchayat
- B. District Collector
- C. State Government
- D. Union Government Discuss
- 8. In India, planned economy is based on
Options- A. Mixed Economy System
- B. Capitalist System
- C. Gandhian System
- D. Socialist System Discuss
- 9. Which amongst the following states/UTs has Not identified tribal community
Options- A. Chhattisgarh
- B. Haryana
- C. Maharashtra
- D. Karnataka Discuss
- 10. In India national, National Income is calculated by the method which is known as
Options- A. the combined method
- B. the income method
- C. the product method
- D. the expenditure method Discuss
Indian Economy problems
Search Results
Correct Answer: ownership of enterprises
Correct Answer: SCANA
Correct Answer: Karnataka
Correct Answer: Non-monetary consumption
Correct Answer: Lord Mayo
Correct Answer: 1996-97
Correct Answer: Gram Panchayat
Correct Answer: Socialist System
Correct Answer: Haryana
Correct Answer: the combined method
Explanation:
In India, National Income is calculated by the combined method. It combines two methods i.e product or output method and the income method. This is done to overcome the problem of deficiency of statistics. The product method endeavours to find out the net contribution to national income of all producing units. The income method adds up income and payments accruing of factors of production. This method is used in the tertiary sector like government services banking etc and also in the commoity sector if output data is not available.
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