What is meant by Mix Economy?
|A.||co-existence of public sector along with private sector|
|B.||Equal promotion of agriculture and industry.|
|C.||It is controlled only by heavy industry|
|D.||It is controlled by military as well as civilian|
|Answer» A. co-existence of public sector along with private sector|
The economy planning of India cannot be said to be _______.
|Answer» A. Imperative|
The task of Planning Commission of India is _________.
|A.||Backing up the plan|
|B.||Preparation of the plan|
|C.||monetisation the plan|
|D.||None of the above|
|Answer» B. Preparation of the plan|
The book ‘Planned Economy for India‘ was written by which of the following author?
|Answer» C. M Visvesvarya|
How agriculture contributing to the India economy?
|A.||It helps Increasing|
|B.||It helps decreasing|
|C.||It has no contribution|
|D.||None of the above|
|Answer» A. It helps Increasing|
In which year National Development Council was set up?
|Answer» D. 1952|
Which of the following option regarding Indian economy is correct?
|A.||It is a subject in the Union List.|
|B.||It is a subject in the Concurrent List.|
|C.||It is a subject in the State List.|
|D.||It is not specified in any special list.|
|Answer» A. It is a subject in the Union List.|
What is the factor that government depends on for financing the Five Year Plan?
|D.||both public borrowing and deficit|
|Answer» A. Only taxation|
From which of the following commission The National Development Commission get its administrative support?
|C.||Competition Commission of India|
|Answer» B. Planning Commission|
How the Five Year Plan of India intend to develop the country’s industrially?
|A.||Through the public sector|
|B.||Through the private sector|
|C.||through the collaboration with Non-resident Indian.|
|D.||Through public, private, joint and Cooperative sectors|
|Answer» D. Through public, private, joint and Cooperative sectors|
What is meant by ‘Take off stage‘ in an economy?
|A.||It means steady growth begins.|
|B.||it means economy is stagnant|
|C.||It means all controls are remov|
|Answer» A. It means steady growth begins.|
Who publish the Economy Survey of India?
|A.||Minister of Finance.|
|B.||Minister of External Affairs|
|C.||Minister of Home Affairs|
|D.||Minister Of Commerce and Industry|
|Answer» A. Minister of Finance.|
What percentage of population of India are engaged in primary sector?
|Answer» C. 70%|
What is the definition of sex ratio?
|A.||Number of deaths per 1,000 live births of children|
|B.||Number of women per 1000 men|
|C.||Number of women per 100000 men|
|D.||Number of men per 1000 women|
|Answer» B. Number of women per 1000 men|
Which age group is included to calculate Child Sex Ratio?
|D.||0- 6 months|
|Answer» C. 0-6 years|
According to the latest data released by the NITI Aayog in 2016; What is the Infant Mortality Rate in India in 2016?
|A.||42 per 1000 live births|
|B.||34 per 1000 live births|
|C.||29 per 1000 live births|
|D.||54 per 1000 live births|
|Answer» B. 34 per 1000 live births|
Which of the following characteristics are most likely found in developing countries?
|A.||high population growth rates.|
|B.||large number of people living in poverty.|
|C.||very traditional methods of agricultural production.|
|D.||all of the above|
|Answer» D. all of the above|
Which of the following could not be considered a major economic system?
|D.||physical quality of life index.|
|Answer» D. physical quality of life index.|
Which of the following did Mahatma Gandhi, non-violent politician and leader of India’s nationalist movement, not advocate?
|A.||village economic development.|
|B.||handicraft production and labor-intensive technology.|
|C.||centralized decision making.|
|D.||reduction of material wants.|
|Answer» C. centralized decision making.|
Which of the following statement is not true about LDCs?
|A.||Most LDCs have less than 1/10 the per capita GNP of the U.S.|
|B.||A greater share of GNP would have to be devoted to education to attain the same primary enrollment rates as in the U.S.|
|C.||Setting up western labor standard and minimum wages in labor-abundant LDCs is sensible.|
|D.||Most LDCs have a greater shortage of qualified teachers than the U.S. does.|
|Answer» C. Setting up western labor standard and minimum wages in labor-abundant LDCs is sensible.|
Which of the following is not one of the Newly Industrialized Countries (NICs)?
|Answer» A. Japan|
Longevity is a proxy for ___________ in the Human Development Index
|A.||health and nutrition.|
|D.||Purchasing Power Parity|
|Answer» A. health and nutrition.|
The Human Development Index (HDI) summarizes a great deal of social performance in a single composite index, combining
|A.||disparity reduction rate, human resource development rate and the composite index.|
|B.||longevity, education and living standard.|
|C.||minimum schooling, adult literacy and tertiary educational attainment.|
|D.||human resource training, development and R&D.|
|Answer» A. disparity reduction rate, human resource development rate and the composite index.|
|A.||is defined as the annual number of deaths of infant under 1 year old per 1,000 live births.|
|B.||reflects the availability of primary education, the rights of employment and social security.|
|C.||is life expectancy up to age 3.|
|D.||reflects the availability of hospitals and childcare facilities, and the parents’ wealth.|
|Answer» A. is defined as the annual number of deaths of infant under 1 year old per 1,000 live births.|
Which of the following is not a problem in comparing developed and developing countries’ GNP?
|A.||GNP is understated for developed countries, since a number of items included in their national incomes are intermediate goods|
|B.||The economic contribution of a housewife in a peasant family may not be measured in GNP in poor country.|
|C.||GNP is understated for developing countries since many of their labor-intensive good have no impact on exchange rate since they are not trad|
|Answer» A. GNP is understated for developed countries, since a number of items included in their national incomes are intermediate goods|