Economy Set-1

No. of questions - 20

Time - 10 min

Negative marking : -0.25 mark

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