Economy

Indian Economy Question and Answer – Economic and commercial developments for competitive examinations are an important subject, especially for examinations like banks, UPSC and IAS. There are a number of questions based on Indian Economy, Monetary Policy, Agriculture, Five Year Plan, Mixed Economy, Latest Economy Current Affairs, which are here to keep you updated and get success in the interview.

1. What is the meaning of transfer pricing?
Question Asked : Bihar Police Sub Inspector Prelims Exam 2018

(A) Pricing of generic drugs
(B) Government budgeting
(C) Taxation and accounting
(D) Transferring of funds from one account to another

2. What is price of a commodity?
Question Asked : Bihar Police Sub Inspector Prelims Exam 2018

(A) rise in the value of currency only
(B) fall in the value of currency only
(C) rise in the value of commodity only
(D) fall in the value of currency and rise in the value of commodity

3. Will petrol cars be banned in 2040?
Question Asked : Bihar Police Sub Inspector Prelims Exam 2018

(A) America
(B) Britain
(C) France
(D) Japan

4. Where does the Brahmaputra river start and end?
Question Asked : Bihar Police Sub Inspector Prelims Exam 2018

(A) Tibet, China and Myanmar
(B) Bhutan, Nepal and India
(C) China, India and Bangladesh
(D) India, Bangladesh and Myanmar

5. What does real GDP mean?
Question Asked : Bihar Police Sub Inspector Prelims Exam 2018

(A) final goods and services produced in an economy in a year
(B) goods and services produced in an economy in a year
(C) final goods produced in an economy in a year
(D) goods produced in an economy in a year

6. What are Blue Chip companies?
Question Asked : Bihar Police Sub Inspector Prelims Exam 2018

(A) Companies which business in fisheries sectors.
(B) A Blue Chip Company, is very strong financially
(C) High-risk start-ups.
(D) A company manufacturing memory card.

7. Which Indian state has the largest area irrigated by tube wells?
Question Asked : Bihar Police Sub Inspector Prelims Exam 2018

(A) Madhya Pradesh
(B) Bihar
(C) Uttar Pradesh
(D) Rajasthan

8. Who launched the YUVA Skill Development Programme
Question Asked : Bihar Police Sub Inspector Prelims Exam 2018

(A) National Skill Development Corporation
(B) Confederation of Indian Industry
(C) Home Ministry
(D) Delhi Police

9. Nangal is known for which industry
Question Asked : Bihar Police Sub Inspector Prelims Exam 2018

(A) copper
(B) oil Refinery
(C) fertilizers
(D) penicillin Industry

10. What is ‘Tez’?
Question Asked : Bihar Police Sub Inspector Prelims Exam 2018

(A) Ticket Booking App
(B) Digital Payment App
(C) Train Status tracking App
(D) Indian Post App