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Economics - Questions and Answers

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561. Which of the following is wrongly matched ?
A. Share market - Stock Exchange
B. Income Tax - Monetary Policy
C. Export Subsidy - Fiscal Policy
D. General Price Index - Inflation
Explanation:
562. The Planning Commission in India was set up in
A. 1947
B. 1950
C. 1951
D. 1952
Explanation:
563. The main source of Indias national income is
A. Industry
B. Agriculture
C. Forestry
D. None of these
Explanation:
564. Given below are two statements labelled as Assertion (A) and Reason (R) in the context of the statements, which of the following is correct ?Assertion (A) : The growth rate of agricultural production during the First Plan was five percent.Reason (E) : Failure of monsoons is one reason.
A. Both A and R are true and R is the correct explanation of A.
B. Both A and R are true but R is the not the correct explanation of A.
C. A is true but R is false.
D. A is false but R is true.
Explanation:
565. Given below are two statements labelled as Assertion (A) and Reason (R) in the context of the statements, which of the following is correct ?Assertion (A) : In India, the budgets of the Government have shown sharp increase over the years.Reason (R) : India has sharply increased ists expenditure on defence every year.
A. Both A and R are true and R is the correct explanation of A.
B. Both A and R are true but R is the not the correct explanation of A.
C. A is true but R is false.
D. A is false but R is true.
Explanation:
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