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Economics Awareness Practice Economics Awareness Study Material

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Business & Economy

Name the Indian State having the highest per capita income?

a) Punjab
b) Haryana
c) Maharashtra
d) Kerala

✔Answer

Correct Answer Is : Punjab

Solution Is :

The economy of India is the __________-largest economy in the world measured by nominal GDP

a) Fifth
b) Sixth
c) Seventh
d) Eighth

✔Answer

Correct Answer Is : Seventh

Solution Is :

The economy of India is the _______-largest by purchasing power parity

a) Sixth
b) Fifth
c) Fourth
d) Third

✔Answer

Correct Answer Is : Third

Solution Is :

Employment elasticity of growth is measured as?

a) Employment growth rate/Unemployment growth rate
b) Employment growth rate/Population growth rate
c) Employment growth rate/Per capita income growth rate
d) Employment growth rate / GDP growth rate

✔Answer

Correct Answer Is : Employment growth rate / GDP growth rate

Solution Is :

The concept of PQLI was developed by

a) UNO
b) Morris D Morris
c) World Bank
d) UNDP

✔Answer

Correct Answer Is : Morris D Morris

Solution Is :

India opted for `Mixed Economy` in?

a) Framing of the Constitution
b) Industrial Policy of 1948
c) First Five Year Plan
d) Second Five Year Plan

✔Answer

Correct Answer Is : Industrial Policy of 1948

Solution Is :

In which year first Industrial Policy of free India was announced ?

a) 1950
b) 1948
c) 1947
d) 1949

✔Answer

Correct Answer Is : 1948

Solution Is :

Rate of Growth of___________ refer to hindu rate of growth?

a) Indian Population
b) Hindu Population in india
c) GDP
d) None of these

✔Answer

Correct Answer Is : GDP

Solution Is :

Major indication of the state of economy of a country is _________

a) Inflation
b) Agriculture sector
c) GDP
d) Per capita income

✔Answer

Correct Answer Is : GDP

Solution Is :

Indian Sugarcane Research Institute situated in ___________

a) Delhi
b) Bihar
c) Lucknow
d) Mumbai

✔Answer

Correct Answer Is : Lucknow

Solution Is :

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Economics Awareness Practice Economics Awareness Study Material

Business & Economy

Name the Indian State having the highest per capita income?

Correct Answer Is : Punjab

Solution Is :

The economy of India is the __________-largest economy in the world measured by nominal GDP

Correct Answer Is : Seventh

Solution Is :

The economy of India is the _______-largest by purchasing power parity

Correct Answer Is : Third

Solution Is :

Employment elasticity of growth is measured as?

Correct Answer Is : Employment growth rate / GDP growth rate

Solution Is :

The concept of PQLI was developed by

Correct Answer Is : Morris D Morris

Solution Is :

India opted for `Mixed Economy` in?

Correct Answer Is : Industrial Policy of 1948

Solution Is :

In which year first Industrial Policy of free India was announced ?

Correct Answer Is : 1948

Solution Is :

Rate of Growth of___________ refer to hindu rate of growth?

Correct Answer Is : GDP

Solution Is :

Major indication of the state of economy of a country is _________

Correct Answer Is : GDP

Solution Is :

Indian Sugarcane Research Institute situated in ___________

Correct Answer Is : Lucknow

Solution Is :

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