Economy Set-1

No. of questions - 20

Time - 10 min

Negative marking : -0.25 mark

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