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Section:  Indian Economics  -- Multiple Choice,Objective Type

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Q(1).In which of the following types of economy are the factors of production owned individually?
A.Capitalist
B.Socialist
C.Mixed
D.Both A and B

Q(2).Poverty in less developed countries is largely due to
A.voluntary idleness
B.income inequality
C.lack of cultural activities
D.lack of intelligence of the people

Q(3).The most appropriate measure of a country's economic growth is its
A.Gross Domestic Product
B.Net Domestic Product
C.Net National Product
D.Per Capita Real Income

Q(4).Which of the following committees examined and suggested financial sector reforms?
A.Abid Hussain Committee
B.Bhagwati Committee
C.Chelliah Committee
D.Narasimham Committee

Q(5).Which of the following contributes the maximum earnings in Indian Railways?
A.Passenger Earning
B.Goods Traffic Earning
C.Sundry Earning
D.Other Coach Earning
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