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Indian Economy
16.
We have all heard of a venture capitalist in the IT industry. Who or what is an angel investor?
- [A]Someone who puts money in the beginning of the project and usually does not expect returns on the investment
- [B]Someone who puts money in an internet company that is running into losses
- [C]Someone who gives only technical consultancy for the project.
- [D]None of the above
- Answer
- Report
Answer : [B]
17.
'Silviculture' is related to -
- [A]Flower Production
- [C]Forest Development
- [B]Silk Worm Rearing
- [D]Grape Production
- Answer
- Report
Answer : [C]
18.
The total sum of the goods and services proŽduced within a country in a year minus depreciation is called the -
- [A]Gross National Product
- [C]Gross Domestic Product
- [B]Net National Product
- [D]Net Domestic Product
- Answer
- Report
Answer : [D]
19.
Which country is the largest producer of coffee in the world?
- [A]China
- [C]Mexico
- [B]India
- [D]Brazil
- Answer
- Report
Answer : [D]
20.
'Dumping' in the context of international trade refers to -
- [A]Exporting goods at prices below the actual cost of production
- [B]Exporting goods without paying the appropriate taxes in the receiving country
- [C]Exporting goods of inferior quality
- [D]Exporting goods only to re-import them at cheaper rates
- Answer
- Report
Answer : [A]
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