Economics Questions and Answers – Part5

81. Which is the apec bank for industrial finance in India?
IDBI

82. Which is the oldest industry in India?
Cotton textile Industry

83. In which industry the largest number of workers are employed in India?
Cotton textile Industry

84. What is the name given to the trade by exchanging one commodity for another?
Barter

85. What is the name given to the money accumulated by way of illegal transactions without declaring it for tax purposes?
Black Money

86. What is the name given to the condition when talented men leaving their own country for lack of opportunities and facilities and going to other countries for better conditions?
Brain drain

87. What is the name given to the talk between rich countries and poor countries?
North South Dialogue

88. Why the talk between rich countries and poor countries called ‘North-South Dialogue’?
Because, most of the rich countries are in the northern hemisphere and poor countries in the southern hemisphere of the globe

89. What is the name given to the profit from shares?
Dividened

90. What is the name given to the profit from debenture?
Interest

91. What is the name given to the sale of product below the cost price to get control of the market when there is strong competition?
Dumping.

92. What is the name given to the sudden increase of agriculture output?
Green Revolution

93. Who is the father of Indian agriculture?
Normen Borlang

94. To whom Borlang award is given in India?
Agricultural Scientist

95. What is the aim of the White Revolution?
Increase of Milk production

96. What is the popular name of White Revolution?
Operation flood

97. What is the aim of the Blue Revolution?
Increasing Fish Cultivation

98. What is the name given to the fish cultivation?
Pisciculture

99. What is the branch dealing with flower cultivation?
Horticulture

100. What is the branch dealing with silkworm production?
Sericulture

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