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Indian Economy
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Question
The Planning Commission of India is
Options
A. A Constitutional body
B. An Independent and Autonomous body
C. A Statutory body
D. A non Statutory body
Correct Answer
A non Statutory body
Indian Economy problems
Search Results
1. Which one of the following is a development expenditure
Options
A. Irrigation expenditure
B. Civil administration
C. Debt services
D. Grant in Aid
Show Answer
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Discuss
Correct Answer: Irrigation expenditure
2. ___________ is an alternative way of representing the production function.
Options
A. The Short Run
B. The Long Run
C. Isoquant
D. Average product
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Correct Answer: Isoquant
3. Which of the following will cause an increase in demand for a good?
Options
A. an increase in income if the good is an inferior goods
B. a decrease in the price of the goods
C. a decrease in income if the good is a normal goods
D. an increase in the price of its substitute goods
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Correct Answer: an increase in the price of its substitute goods
4. IMF has predicted that the global economy would grow at _______ % in 2017.
Options
A. 5.5
B. 4.5
C. 3.5
D. 2.5
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Correct Answer: 3.5
5. The change in the optimal quantity of a good when its price changes and the consumer?s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?
Options
A. Law of demand
B. Substitution effect
C. Problem of choice
D. Optimal choice
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Correct Answer: Substitution effect
6. According to Census 2001, what is the percentage of male literacy
Options
A. 75.85
B. 70
C. 65
D. 60
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Correct Answer: 75.85
7. Which state of India has recorded the highest rate of population growth in the last Census 2001
Options
A. Gujarat
B. Manipur
C. Nagaland
D. Haryana
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Correct Answer: Nagaland
8. Per Captain Income of a country derived from
Options
A. National Income
B. Population
C. National Income and Population both
D. none of these
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Correct Answer: National Income and Population both
9. Which one of the following is NOT an example of economic overheads
Options
A. Schools
B. Sanitary Facilities
C. Roads and Rrailways
D. Coal Mines
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Correct Answer: Coal Mines
10. The National Income of a country is
Options
A. The annual revenue of the Governament
B. Sum total of factor incomes
C. Surplus of public sector Undertaking
D. Export minus Imports
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Correct Answer: Sum total of factor incomes
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