Q81. A high growth rate of population is characterised by
[A] High birth and low death rate
[B] Low birth and high death rate
[C] High birth and high death rate
[D] Low birth and low death rate
Q82. What is the rank of Bihar in view of population in India?
[A] 4th
[B] 11th
[C] 3rd
[D] 5th
Q83. Take Off Stage in an economy means
[A] Economy is stagnant
[B] Steady growth begins
[C] Economy is about to collapse
[D] All controls are removed
Q84. What is Rank of India in World business optimism ranking?
[A] 5th
[B] 7th
[C] 4th
[D] 6th
600+ Indian Economy Quiz Questions & Answers
Q85. A market place in which a final good or service is bought and sold is called
[A] Product Market
[B] Equity Market
[C] Commodity Market
[D] Factor Market
Q86. In India ,Hindu Rate of growth is associated with which of the following
[A] Per Capita Income
[B] Population
[C] National Income
[D] Birth Rate
Q87. One of the problems in finding out National Income in India is
[A] Tax evasion
[B] Conspicuous consumption
[C] Non-monetary consumption
[D] Inflation
Q88. Which tax on crude Palm oil was recently reduced to 10 percent?
[A] Excise Duty
[B] Customs Duty
[C] Goods and Services Tax
[D] None of the above
Q89. All the tangible resources like raw materials and labor used in production process are called
[A] Fixed cost
[B] Variable cost
[C] Real cost
[D] Opportunity cost
Q90. In economic terms what do we mean by ‘intermediate goods’?
[A] Price of goods without GST
[B] Fixed assets used by manufacturers
[C] Goods sold between industries for the resale or production of other goods
[D] Goods in transit before reaching the consumers