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Indian economy quiz 1

Indian economy quiz 1

The economy of India is characterised as a middle income developing market economy. It is the world\\\\\\\'s sixth-largest economy by nominal GDP and the third-largest by purchasing power parity. According to the International Monetary Fund, on a per capita income basis, India ranked 145th by GDP and 122th by GDP.

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Quiz Questions And Answers

Net factor income from abroad added to GDP gives


Land reforms provide

finance for irrigation and good seeds for land holdings
Land reforms provide
encouragement to actual fillers

The concept of mixed economy envisages

integrated and balanced economic development
co-existence of public and private sectors
balanced development of agriculture and industry

The seventh plan gave maximum weightage to the sector of

science and technology

Durgapur, Bhilai and Rourkela plants were set up during the plan.


A very rapid growth in prices in which money loses to the point where even barter may be preferable is known as


The 'year of Great Divide' refers to

the declining sex ratio after 1921
rapid growth rate in population after 1921
the slow down in death rate after 1921

The birth rate measures the number of births during the year per

one of area
1000 of population
1000 of area

A serious effort to tackle the problem of poverty began with

Fourth plan
Sixth plan
Third plan

Which one of the following is a revamp of the Integrated Rural Development Programme?

National Social Assistance Programme
Jawahar Gram Samridhi Yojana
Swarnajayanti Gram Swarozgar Yojana

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