EASY
UPSC CAPF AC Paper - I
IMPORTANT
Earn 100

Consider the following statements
1. Dadabhai Naoroji was the first Indian to estimate the National Income of the country.
2. National Income Committee established in India after getting independence was headed by Professor VKRV Rao.
Which of the statements given above is/are correct?

50% studentsanswered this correctly

Important Questions on Indian Economy

EASY
UPSC CAPF AC Paper - I
IMPORTANT
14000+ Objective Questions General Studies>Chapter 8 - Indian Economy>Exercise 1>Q 18
Which of the following factors is/are accounted in the calculation of Gross Domestic Product of a country in the expenditure method?
EASY
UPSC CAPF AC Paper - I
IMPORTANT
14000+ Objective Questions General Studies>Chapter 8 - Indian Economy>Exercise 1>Q 19

Consider the following specific stages of demographic transition associated with economic development:
1. Low birth rate with low death rate.
2. High birth rate with high death rate.
3. High birth rate with low death rate.

Select the correct order of the above stages using the codes given below:

MEDIUM
UPSC CAPF AC Paper - I
IMPORTANT
14000+ Objective Questions General Studies>Chapter 8 - Indian Economy>Exercise 1>Q 20
National product at factor cost is equal to
EASY
UPSC CAPF AC Paper - I
IMPORTANT
14000+ Objective Questions General Studies>Chapter 8 - Indian Economy>Exercise 1>Q 21
Which one of the following pairs of age is used as the minimum and maximum values of age to determine the life expectancy at the birth by UNDP?
EASY
UPSC CAPF AC Paper - I
IMPORTANT
14000+ Objective Questions General Studies>Chapter 8 - Indian Economy>Exercise 1>Q 22
Consider the following statements.
1. Agricultural sector is continued to be the primary employment providing sector of India.
2. Service sector is the principal source of employment in urban areas in India.
Which of the statements given above is/are correct?
EASY
UPSC CAPF AC Paper - I
IMPORTANT
14000+ Objective Questions General Studies>Chapter 8 - Indian Economy>Exercise 1>Q 23
When two goods are completely interchangeable, they are
EASY
UPSC CAPF AC Paper - I
IMPORTANT
14000+ Objective Questions General Studies>Chapter 8 - Indian Economy>Exercise 1>Q 24
Consider the following
1. Hotels and restaurants
2. Motor transport undertakings
3. Newspaper establishments
4. Private medical institutions
The employees of which of the above can have the 'Social Security coverage under Employees' State Insurance Scheme?
HARD
UPSC CAPF AC Paper - I
IMPORTANT
14000+ Objective Questions General Studies>Chapter 8 - Indian Economy>Exercise 1>Q 26
Which of the following statements is/are false?
1. Wage Boards are tripartite in nature with representatives from workers to employers.
2. Except for the Wage Boards for Journalists and Non-Journalists, all the other wage boards are statutory in nature.
3. Second National Commission on Labour has recommended against the utility of wage boards.
Select the correct answer using the codes given below