GovtJobsWorld.Com posted: " share it: Indian Economy Related Important MCQs For RRB Group D Exam : Indian Railway Recruitment Board (RRB) has started the recruitment process for Group D posts. There is a provision to complete this exam in several stages. The first phase of " Govt Jobs World
Indian Economy Related Important MCQs For RRB Group D Exam : Indian Railway Recruitment Board (RRB) has started the recruitment process for Group D posts. There is a provision to complete this exam in several stages. The first phase of Group D examination has ended on August 25 and the second phase examination will start from August 26 and will continue till September 8.
In such a situation, through this article, we have brought some selected questions related to the Indian economy, which can be asked in the upcoming shift. Therefore, candidates must read these questions once before appearing in the examination.
Indian Economy Related Important MCQs For RRB Group D Exam
Question. Gross domestic product is the price.
of all the goods produced in an economy in a year
of all the goods and services produced in an economy in a year
of all final goods produced in an economy in a year
of all final goods and services produced in an economy in a year
Answer: 4
Question. Where does the largest share of India's national income come from?
from primary sector
from secondary sector
from the tertiary sector
none of the above
Answer: 3
Question. Which of the following fishes caught by Indian fisherman in international sea (water) has a GDP? is part of?
Sri Lanka
India and Sri Lanka
India
India and Indonesia
Answer: 3
Question. Which of the following is not included in national income?
Charged rent of houses in the possession of the owner
Government expenditure on construction of new bridges
winning the lottery
commission paid to an agent for the sale of a house
Answer: 3
Question. What is the main function of the Central Statistical Organization?
money supply determination
collecting national income estimates
Gathering detailed employment details
pricing
Answer: 2
Question. In which scheme was the first emphasis on self-reliance?
second plan
fourth plan
third plan
fifth plan
Answer: 4
Question. Which of the following is deducted from NNP to arrive at National Income?
indirect tax
capital consumption exemption
help
Interest
Answer 1
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Question. Which of the following is correct for the period of the Eleventh Five Year Plan?
01.01.2005 to 31 12 2010
01.04 2005 to 31.03.2010
01.01.2006 to 31.12.2011
01.04.2007 to 31.03.2012
Answer: 4
Question. Which of the following pair is not correct?
First Plan (1951 – 1956)
Third Plan (1966 – 1971)
Eleventh Plan (2007 – 2012)
Sixth Plan (1980 – 1985)
Answer: 2
Question. The income of Indians working abroad is:
India's share of household income
share of income earned from abroad
Share of Net Domestic Product of India
India's share of GDP
Answer: 2
Question. What is meant by value-added?
production at factor cost
production at market prices
difference between goods and services and depreciation
difference between cost of goods and services and intermediate goods and services
Answer: 4
Question. Which of the following five year plan is not correct?
First 1951-56
II 1956-61
III 1961-66
IV 1966-71
Answer: 4
Question. On what basis is the economic progress of the country determined?
increase in per capita income of the country
Increase in the price of capital goods produced during the year
Increase in the number of trade unions
Fall in the country's general price level
Answer 1
Question. Select the correct option from service sector contribution in the past to Gross Domestic Product (GDP).
Year 2000-01 (GDP – 65.54%)
Year 1980-81 (GDP – 50.00%)
Year 1950-51 (GDP – 34.63%)
Year 2011-12 (GDP – 57.00%)
Answer: 4
Question. Which five year plan was of only four years?
third
fifth
fourth
seventh
Answer: ?
What would be the correct answer to this question? Do give us your answer in the comment section.
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