Agniveer Army Introduction to Microeconomics — practice questions

Explore 2 free Introduction to Microeconomics questions in Agniveer Army Economics. Open each question or exercise to read its content, reference answers and available explanation.

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Introduction to Microeconomics questions and exercises with answers

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Which one of the following is the primary source of energy in India?Read the answer and worked solution →Estimates of National Income in India are prepared by:Read the answer and worked solution →

Worked practice questions

Which one of the following is the primary source of energy in India?

Coal
Hydro power
Natural gas
Naphtha

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Correct answer: A. Coal

1. India's electricity and industry rely heavily on thermal generation. 2. The bulk of that thermal power is produced by burning coal. 3. Therefore coal is the primary source of energy in India. _Source: RRB Group D (RRC) PYQ, held 27-10-2013, Q.31._

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Estimates of National Income in India are prepared by:

The Central Statistical Organization
The Indian Planning Commission
The Union Ministry of Finance
The Reserve Bank of India (RBI)

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Correct answer: A. The Central Statistical Organization

1. National income estimation requires collecting and compiling economic statistics. 2. In India this task is handled by the Central Statistical Organization (CSO). 3. Hence national income estimates are prepared by the CSO. _Source: RRB Group D (RRC) PYQ, held 27-10-2013, Q.62._

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