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. 
Who is called father of Modern Economics?
4. 
Indian Economy is characterised as
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. 
Mixed economy in India means
8. 
For the existence of a market which is indispensable?
9. 
Which one of the following is the major feature of the Indian Economy?
10. 
National Income is the
11. 
Economically, one of the results of the British rule in India in the 19th century was the
12. 
The first measure of India’s National Income was made by
13. 
In India, National Income is computed by which of the following?
14. 
Which of the following is a sign of economic growth?
15. 
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?
16. 
The term National Income represents
17. 
The Indian Economy is a
18. 
The Gandhian economy is based on the principle of
19. 
The most appropriate measure of a country’s economic growth is its
20. 
The national income of a country for a given period is equal to the
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