Economy One-Liners for various competitive examinations

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Here are some important Economy one-liners for students competing for various exams

Watch some of the important Economy Bits below.

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1-In the elementary education system, India stands at

1-First place.
2-Second place.
3-Third place.
4-Fourth place.

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2-The country with the highest adult literacy-

1-China.
2-Korea.
3-India.
4-Pakistan

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3-The economist who first distinguished between involuntary and voluntary employment is-

1-Dadabhai Nauroji.
2-D Mathur.
3-J.M. Keynes.
4-D.R Gadgil

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4-Under which employment, marginal productivity is zero?

1-Involuntary unemployment.
2-Disguised unemployment.
3-Voluntary unemployment.
4- Under-employment.

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5-Regional Development Plans in Rayalaseema and Telangana were adopted in the year.

1-1990.
2-1985.
3-1970.
4-1966.

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6-The following service does not come under-

1-Irrigation.
2-Fisheries.
3-Health.
4-Education.

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7-Lira is the currency of

1-Russia.
2-Switzerland.
3-France.
4-Italy.

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8-If agriculture is considered as the indicator of growth, the state that ranks first-

1- Maharashtra.
2-Tamilnadu.
3-Punjab.
4-Andhra Pradesh.

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9-Indira Awas Yojana

1-Water plan.
2-Economic plan.
3-Health Plan.
4-Housing Needs.

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10-Average life expectancy in India

1-60.8 years.
2-65.8 years.
3-50.8 years.
4-55.8 years.

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11-The disguised unemployment is seen in

1-Industries.
2-Trade and commerce.
3-Agriculture.
4-Electricity

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12- The Health for All changed as

1-Health Centres.
2-Health for under-privileged.
3-Health.
4-Health for Land Lords.

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13-Indian Economy is

1-Mixed Economic system.
2-Capitalist Economic System.
3-Socialist economic system.
4-None of the three economic systems.

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14-China and East European economies fall into the category

1-Socialist economy.
2-Capitalist economy.
3-Mixed economy.
4-None of these.

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15- The country that enjoys the socialist economic system

1-U.K.
2-China.
3-U.S.A.
4-India.

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ANSWERS

1-Second place.
2-Korea.
3-J.M. Keynes.
4-Disguised unemployment.
5-1970.
6-Fisheries.
7-Italy
8-Punjab.
9-Housing Needs.
10-60.8 years.
11-Agriculture.
12-Health for under-privileged.
13-Mixed Economic system.
14-Socialist economy.
15-China.

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