Economy Set-1

No. of questions - 20

Time - 10 min

Negative marking : -0.25 mark

1. 
The most appropriate measure of a country’s economic growth is its
2. 
Economically, one of the results of the British rule in India in the 19th century was the
3. 
For the existence of a market which is indispensable?
4. 
Mixed economy in India means
5. 
The Indian Economy is a
6. 
Who among the following had propounded the concept of ‘Trusteeship’?
7. 
Human Development Index (HDI) comprises literacy rates, life expectancy at birth and
8. 
Indian Economy is characterised as
9. 
The national income of a country for a given period is equal to the
10. 
Who is called father of Modern Economics?
11. 
The term National Income represents
12. 
Which one of the following is the correct sequence in the decreasing order of contribution of different sectors to the Gross Domestic Product of India?
13. 
The first measure of India’s National Income was made by
14. 
Which among the following is a characteristic of underdevelopment?
15. 
Which among the following sectors contribute most to GDP of India?
16. 
Which one of the following is the major feature of the Indian Economy?
17. 
In India, National Income is computed by which of the following?
18. 
National Income is the
19. 
The Gandhian economy is based on the principle of
20. 
Which of the following is a sign of economic growth?
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