Economy Set-1

No. of questions - 20

Time - 10 min

Negative marking : -0.25 mark

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