Indian Economy and Business

Description: Test your knowledge about Indian Economy and Business.
Number of Questions: 15
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Tags: indian economy business trade finance
Attempted 0/15 Correct 0 Score 0

What is the currency of India?

  1. Rupee

  2. Dollar

  3. Euro

  4. Pound


Correct Option: A
Explanation:

The Indian Rupee is the official currency of India.

Which is the central bank of India?

  1. Reserve Bank of India

  2. State Bank of India

  3. Bank of India

  4. Punjab National Bank


Correct Option: A
Explanation:

The Reserve Bank of India is the central bank of India.

What is the Gross Domestic Product (GDP) of India?

  1. $2.9 trillion

  2. $3.5 trillion

  3. $4.1 trillion

  4. $4.7 trillion


Correct Option: A
Explanation:

The GDP of India is approximately $2.9 trillion.

Which sector contributes the most to India's GDP?

  1. Agriculture

  2. Industry

  3. Services

  4. Mining


Correct Option: C
Explanation:

The services sector contributes the most to India's GDP.

What is the main agricultural product of India?

  1. Rice

  2. Wheat

  3. Sugarcane

  4. Cotton


Correct Option: A
Explanation:

Rice is the main agricultural product of India.

Which is the largest industry in India?

  1. Textiles

  2. Automobiles

  3. Pharmaceuticals

  4. Information Technology


Correct Option: A
Explanation:

The textiles industry is the largest industry in India.

Which is the largest service sector industry in India?

  1. Banking and Finance

  2. Information Technology

  3. Tourism

  4. Retail


Correct Option: A
Explanation:

The banking and finance sector is the largest service sector industry in India.

What is the main export of India?

  1. Textiles

  2. Gems and Jewelry

  3. Petroleum Products

  4. Machinery


Correct Option: A
Explanation:

Textiles are the main export of India.

What is the main import of India?

  1. Petroleum

  2. Machinery

  3. Chemicals

  4. Electronics


Correct Option: A
Explanation:

Petroleum is the main import of India.

Which country is India's largest trading partner?

  1. China

  2. United States

  3. United Arab Emirates

  4. Saudi Arabia


Correct Option: A
Explanation:

China is India's largest trading partner.

What is the main stock exchange in India?

  1. Bombay Stock Exchange

  2. National Stock Exchange of India

  3. Calcutta Stock Exchange

  4. Madras Stock Exchange


Correct Option: A
Explanation:

The Bombay Stock Exchange is the main stock exchange in India.

Which is the largest private sector bank in India?

  1. HDFC Bank

  2. ICICI Bank

  3. Axis Bank

  4. Kotak Mahindra Bank


Correct Option: A
Explanation:

HDFC Bank is the largest private sector bank in India.

Which is the largest public sector bank in India?

  1. State Bank of India

  2. Bank of Baroda

  3. Punjab National Bank

  4. Canara Bank


Correct Option: A
Explanation:

State Bank of India is the largest public sector bank in India.

What is the inflation rate in India?

  1. 4%

  2. 5%

  3. 6%

  4. 7%


Correct Option: B
Explanation:

The inflation rate in India is approximately 5%.

What is the unemployment rate in India?

  1. 6%

  2. 7%

  3. 8%

  4. 9%


Correct Option: C
Explanation:

The unemployment rate in India is approximately 8%.

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