Discussion
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- Question
In India, planned economy is based on
Options- A. Mixed Economy System
- B. Capitalist System
- C. Gandhian System
- D. Socialist System
- Correct Answer
- Socialist System
- 1. The implementation of Jawahar Rojgar Yojana rests with
Options- A. Gram Panchayat
- B. District Collector
- C. State Government
- D. Union Government Discuss
- 2. 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
- 3. 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 Discuss
- 4. 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
- 5. 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
- 6. Which amongst the following states/UTs has Not identified tribal community
Options- A. Chhattisgarh
- B. Haryana
- C. Maharashtra
- D. Karnataka Discuss
- 7. 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
- 8. The prices at which the government purchases food grains for maintaining the Public Distribution system (PDS) and for building up buffer - stock is known as :
Options- A. minimum support prices
- B. procurement prices
- C. issue prices
- D. ceiling prices Discuss
- 9. The train service Thar Express between India and Pakistan, originates in India from
Options- A. Jaisalmer
- B. Jodhpur
- C. Bikaner
- D. Barmer Discuss
- 10. Which plan gave emphasis on removal of poverty for the first time
Options- A. Fourth
- B. Fifth
- C. Sixth
- D. Seventh Discuss
Indian Economy problems
Search Results
Correct Answer: Gram Panchayat
Correct Answer: 1996-97
Correct Answer: Raj Krishna
Correct Answer: ownership of enterprises
Correct Answer: SCANA
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.
Correct Answer: procurement prices
Correct Answer: Barmer
Correct Answer: Fifth
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