Economy Set-1

No. of questions - 20

Time - 10 min

Negative marking : -0.25 mark

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