Economy Set-1

No. of questions - 20

Time - 10 min

Negative marking : -0.25 mark

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