1000 Best Indian Economy MCQs
Q17). Which crop variety is ARABICA?
a).Tea
b).Coffee
c).Maize
d).Cotton
Correct Answer:
Coffee
Explanation:
Q18). Which is the largest food grain producing state in India?
a).Madhya Pradesh
b).Uttar Pradesh
c).Punjab
d).Haryana
Correct Answer:
Uttar Pradesh
Explanation:
Q19). What is the value of oil seeds among the total value of agricultural commodities?
a).0.2
b).0.4
c).0.3
d).0.1
Correct Answer:
0.1
Explanation:
Q20). Which among the following is the contribution of livestock? 1.Production of wool 2.Production of leather 3.Contribution to food security Choose the correct option from the codes given below:
a).1 only
b).2 only
c).1 and 3 only
d).1,2 and 3 only
Correct Answer:
1,2 and 3 only
Explanation:
Q21). When a person has a saving account in the bank , the bank assumes the position of ___?
a).Debtor
b).Creditor
c).Agency
d).Depositor
Correct Answer:
Debtor
Explanation:
Q22). At which of the following place in India is coming up a National Maritime Complex to showcase various facets of Indian Maritime Industry?
a).Mumbai
b).Kochi
c).Chennai
d).Bhubneshwar
Correct Answer:
Chennai
Explanation:
Q23). What will be the ultimate impact on the poor and landless farmers if all of a sudden, government decides to raise the Minimum Support Prices of rice & food grains inexorably or excessively?
a).The poor farmers become rich
b).The markets will crash
c).The poor farmers become more poor
d).This will encourage the exports of rice and food grains
Correct Answer:
The poor farmers become more poor
Explanation:
Q24). Which among the following works as central processing agent in RTGS?
a).Reserve Bank of India
b).Institute for Development & Research in Banking Technology
c).Indian Financial Network
d).Indian Banks Association
Correct Answer:
Institute for Development & Research in Banking Technology
Explanation: