Economy Set-1

No. of questions - 20

Time - 7 min

1. 
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?

2. 
The national income of a country for a given period is equal to the

3. 
In India, National Income is computed by which of the following?

4. 
The Gandhian economy is based on the principle of

5. 
The most appropriate measure of a country’s economic growth is its

6. 
Who is called father of Modern Economics?

7. 
The Indian Economy is a

8. 
Which one of the following is the major feature of the Indian Economy?

9. 
National Income is the

10. 
The term National Income represents

11. 
Which among the following is a characteristic of underdevelopment?

12. 
Which among the following sectors contribute most to GDP of India?

13. 
Human Development Index (HDI) comprises literacy rates, life expectancy at birth and

14. 
Which of the following is a sign of economic growth?

15. 
Mixed economy in India means

16. 
Who among the following had propounded the concept of ‘Trusteeship’?

17. 
Indian Economy is characterised as

18. 
Economically, one of the results of the British rule in India in the 19th century was the

19. 
The first measure of India’s National Income was made by

20. 
For the existence of a market which is indispensable?

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