McqMate
Chapters
1. |
India is a: |
A. | developed country |
B. | under developed country |
C. | developing country |
D. | none |
Answer» C. developing country |
2. |
The growth rate of Indian economy in 2012-13is: |
A. | 5% |
B. | 9% |
C. | 6.5% |
D. | 8.2% |
Answer» A. 5% |
3. |
Among the following states which has the highest PCI ? |
A. | goa |
B. | punjab |
C. | kerala |
D. | maharashtra |
Answer» A. goa |
4. |
The Gross Domestic Saving as percent of GDP in 2011-12 in Indian economy is: |
A. | 32.3% |
B. | 35.1% |
C. | 34.5% |
D. | 30.8% |
Answer» D. 30.8% |
5. |
Which sector is considered as the work horse of Indian economy? |
A. | primary |
B. | secondary |
C. | tertiary |
D. | none |
Answer» C. tertiary |
6. |
According to 2011 census the rate of urbanisation in India is: |
A. | 72.2% |
B. | 31.16% |
C. | 32.5% |
D. | 45.2% |
Answer» B. 31.16% |
7. |
Among the Indian states which has the highest density? |
A. | bengal |
B. | punjab |
C. | kerala |
D. | bihar |
Answer» D. bihar |
8. |
The crude literacy rate in India according to 2011 census is: |
A. | 64.83% |
B. | 82.14% |
C. | 65.46% |
D. | 74.04% |
Answer» D. 74.04% |
9. |
Relative poverty is basically related with |
A. | poor |
B. | rich |
C. | both |
D. | none |
Answer» B. rich |
10. |
In 2008 Planning commission appointed a committee to estimate the poverty in India under: |
A. | jain |
B. | sengupta |
C. | saxena |
D. | tendulkar |
Answer» D. tendulkar |
11. |
Which is the Year of Great Divide? |
A. | 1991 |
B. | 1947 |
C. | 1951 |
D. | 1921 |
Answer» D. 1921 |
12. |
According to Mixed Recall period India’s Poverty in 2009-10 is |
A. | 36% |
B. | 27.5% |
C. | 29.8% |
D. | none |
Answer» C. 29.8% |
13. |
The sex ratio of Kerala in 2011is: |
A. | 1084 |
B. | 1080 |
C. | 1040 |
D. | 1041 |
Answer» A. 1084 |
14. |
The sex ratio of India in 2011 is: |
A. | 961 |
B. | 940 |
C. | 980 |
D. | none |
Answer» B. 940 |
15. |
The child sex ratio of India in 2011 is: |
A. | 913 |
B. | 940 |
C. | 961 |
D. | none |
Answer» A. 913 |
16. |
TRYSEM was started in |
A. | 1996 |
B. | 1990 |
C. | 1980 |
D. | 1979 |
Answer» D. 1979 |
17. |
For a rural person the minimum calorie needed to reach above poverty line is: |
A. | 2400 calorie |
B. | 2100 calorie |
C. | 1995 calorie |
D. | 2011 calorie |
Answer» A. 2400 calorie |
18. |
Which is an urban poverty eradication Programme? |
A. | jry |
B. | nregp |
C. | rlegp |
D. | nry |
Answer» D. nry |
19. |
Which of the following is an urban employment generation programme? |
A. | mgnregs |
B. | sgsy |
C. | sjsry |
D. | pmgsy |
Answer» C. sjsry |
20. |
The type unemployment more prominent in India is: |
A. | seasonal |
B. | cyclical |
C. | structural |
D. | open |
Answer» C. structural |
21. |
India’s unemployment is estimated by the agency: |
A. | nsso |
B. | rbi |
C. | finance ministry |
D. | both (a)&(b) |
Answer» A. nsso |
22. |
The long term unemployment is measured by |
A. | usual status |
B. | current weekly status |
C. | current daily status |
D. | none |
Answer» A. usual status |
23. |
The most faithful measure of unemployment is: |
A. | usual status |
B. | current weekly status |
C. | current daily status |
D. | none |
Answer» C. current daily status |
24. |
The ratio of unemployment in India in 2009-10 is: |
A. | 5.8 |
B. | 6.6 |
C. | 8.2 |
D. | none |
Answer» B. 6.6 |
25. |
India’s rank according to HDI in 2012 is |
A. | 127 |
B. | 134 |
C. | 136 |
D. | 124 |
Answer» C. 136 |
26. |
The Gini coefficient of India in 2011is: |
A. | 36.8 |
B. | 33.4 |
C. | 32.10 |
D. | 38.1 |
Answer» A. 36.8 |
27. |
The average MPCE of rural people in India according to 68 th round of NSSO is: |
A. | rs.1281.45 |
B. | rs.2401.68 |
C. | rs.2105 |
D. | rs.455 |
Answer» A. rs.1281.45 |
28. |
Among the following states which has the highest HDI value? |
A. | goa |
B. | punjab |
C. | kerala |
D. | tamil nadu |
Answer» C. kerala |
29. |
The annual growth rate of India’s population according to 2011census is: |
A. | 1.9% |
B. | 1.76% |
C. | 2% |
D. | none |
Answer» B. 1.76% |
30. |
What is the percentage of agricultural population in India in 2012. |
A. | 66 per cent |
B. | 35 percent |
C. | 70 percent |
D. | 90 percent |
Answer» A. 66 per cent |
31. |
What was the contribution of the primary sector to net domestic product of India in 2011. |
A. | 80% |
B. | 18% |
C. | 53% |
D. | 25% |
Answer» B. 18% |
32. |
In which year New Agricultural strategy was introduced in India. |
A. | 1960 |
B. | 1950 |
C. | 1966 |
D. | 1991 |
Answer» C. 1966 |
33. |
Which state of India has derived the maximum benefit from Green Revolution. |
A. | kerala |
B. | maharashtra |
C. | u.p |
D. | punjab |
Answer» D. punjab |
34. |
Land reform includes: |
A. | new idea of irrigation |
B. | fertilizers |
C. | new seeds |
D. | all of the above |
Answer» D. all of the above |
35. |
Which are kharif crop(s) |
A. | maize |
B. | cotton |
C. | sugar cane |
D. | all of these |
Answer» D. all of these |
36. |
Which is the main wheat production State of India |
A. | punjab |
B. | orissa |
C. | goa |
D. | none of there |
Answer» A. punjab |
37. |
Which is the Commercial crop |
A. | tea |
B. | rice |
C. | wheat |
D. | none of there |
Answer» A. tea |
38. |
Tenancy reform is related to. |
A. | regulation of rent |
B. | security of tenure |
C. | conferment of ownership rights |
D. | all of the above |
Answer» D. all of the above |
39. |
PDS Stands for: |
A. | public distribution system |
B. | public division system |
C. | price distribution system |
D. | all of these |
Answer» A. public distribution system |
40. |
Agricultural Credit is given by. |
A. | co-operatives |
B. | rrbs |
C. | nabard |
D. | all of the above |
Answer» D. all of the above |
41. |
India’s Green revolution was most successful in …………Production: |
A. | wheat |
B. | rice |
C. | maize |
D. | cotton |
Answer» A. wheat |
42. |
Regional Rural Bank were started in ……………….. |
A. | 1969 |
B. | 1972 |
C. | 1975 |
D. | 1991 |
Answer» C. 1975 |
43. |
The worst form of land tenurs system was……………………. |
A. | zamindary |
B. | riotwary |
C. | mahalwari |
D. | malguzari |
Answer» A. zamindary |
44. |
When the first industrial policy was introduced ? |
A. | 1951. |
B. | 1991. |
C. | 1948. |
D. | 1956 |
Answer» C. 1948. |
45. |
How many industries are reserved for the public sector in the new Industrial policy 1991. |
A. | 60 |
B. | 8 |
C. | 10 |
D. | 12 |
Answer» B. 8 |
46. |
SSI stands for |
A. | small scale industries , |
B. | small saving interest , |
C. | saving social of india , |
D. | all the three |
Answer» A. small scale industries , |
47. |
SAIL was set up in |
A. | 1980. |
B. | 1970 . |
C. | 1974. |
D. | 1989. |
Answer» C. 1974. |
48. |
IISCO came under the control of : |
A. | rbi |
B. | sail |
C. | uti |
D. | pnb |
Answer» B. sail |
49. |
MARTP Act is related to ……………. |
A. | industry |
B. | service |
C. | bank |
D. | shipping |
Answer» A. industry |
50. |
Small –scale industries contributed …………% towards total production of manufacturing : |
A. | 20.43 |
B. | 5.83 |
C. | 10.3 |
D. | 16.79 |
Answer» B. 5.83 |
51. |
Indian Iron and Steel company was established in …………… |
A. | 1919 |
B. | 1909 |
C. | 1976 |
D. | 1090 |
Answer» B. 1909 |
52. |
…………… is known as the father of Iron and Steel company in India. |
A. | jamshedji tata |
B. | ratan tata |
C. | ambani |
D. | mittal |
Answer» A. jamshedji tata |
53. |
Bockaro Steel plant was started during ……………. plan . |
A. | first |
B. | second |
C. | third |
D. | fourth |
Answer» D. fourth |
54. |
WTO prescribes export subsidies as: |
A. | competition |
B. | unfair competition |
C. | monopolistic competition |
D. | exploitation |
Answer» B. unfair competition |
55. |
Export promotion is an: |
A. | inward looking strategy |
B. | outward looking strategy |
C. | fiscal strategy |
D. | political strategy |
Answer» B. outward looking strategy |
56. |
Since March 1973, the world, more or less, had a: |
A. | free floating exchange rate system |
B. | fixed exchange rate system |
C. | managed floating exchange rate system |
D. | adjustable peg system |
Answer» C. managed floating exchange rate system |
57. |
Net National gains from trade is measurable function of: |
A. | volume of trade |
B. | relative prices in two countries |
C. | factor cost of commodities traded |
D. | volume of trade credited and change in prices caused by trade |
Answer» D. volume of trade credited and change in prices caused by trade |
58. |
Outward looking development policies are not associated with: |
A. | open system of communications |
B. | free movement of capital |
C. | multinational enterprises |
D. | learning by doing |
Answer» D. learning by doing |
59. |
Import quota is : |
A. | tariff |
B. | non-tariff trade barrier |
C. | concession |
D. | international obligation |
Answer» B. non-tariff trade barrier |
60. |
Balance of payments must always balance because: |
A. | trade deficit is cancelled by invisible credits |
B. | import always equals exports |
C. | of an accounting connection |
D. | what a country gets, it must either pay or save |
Answer» C. of an accounting connection |
61. |
Trade Policy measures for correction of balance of payments disequilibrium include of export promotion: |
A. | export promotion |
B. | import control |
C. | both a & b |
D. | import substitution |
Answer» C. both a & b |
62. |
In calculating India’s balance of payments position, we must: |
A. | omit invisible items |
B. | omit exports and imports of gold |
C. | include expenditure by foreign tourists as imports |
D. | include long term loans abroad as debit |
Answer» B. omit exports and imports of gold |
63. |
The convertibility of dollar was formally abandoned in: |
A. | 1971 |
B. | 1966 |
C. | 1973 |
D. | 1962 |
Answer» A. 1971 |
64. |
Each member of IMF is assigned a quota expressed in: |
A. | member country’s currency |
B. | dollar |
C. | special drawing rights |
D. | none of the above |
Answer» C. special drawing rights |
65. |
The international monetary system that existed from 1947 to 1971 is generally known as: |
A. | par value system |
B. | pegged exchange rate system |
C. | bothe a & b |
D. | fewer rupees in the spot market than in the home market |
Answer» A. par value system |
66. |
The fundamental cause for the collapse of the Bretton woods system was: |
A. | liquidity problem |
B. | the adjustment problem |
C. | the confidence problem |
D. | all of the above |
Answer» D. all of the above |
67. |
The direction of trade indicates: |
A. | the nature of goods that are exported and imported |
B. | the value of goods that are exported and imported |
C. | the countries to which commodities are exported and the countries from which commodities are imported |
D. | the terms at which exports exchanges for imports school of distance education indian economy |
Answer» C. the countries to which commodities are exported and the countries from which commodities are imported |
68. |
The important component of foreign trade: |
A. | terms of trade, balance of trade and balance of payment |
B. | the volume of trade, the composition of trade and direction of trade |
C. | terms of trade and volume of trade |
D. | terms of trade and direction of trade |
Answer» B. the volume of trade, the composition of trade and direction of trade |
69. |
The balance of payment in unfavorable: |
A. | when value of export is greater than import |
B. | when value of import is greater than export |
C. | when value of imports and exports are equal |
D. | only when there is much greater difference between exports and imports |
Answer» B. when value of import is greater than export |
70. |
In which of the plan period, the Balance of payment position had surplus: |
A. | first plan |
B. | second plan |
C. | third plan |
D. | fifth plan |
Answer» D. fifth plan |
71. |
The Mudaliar Committee was related to: |
A. | export-import policy |
B. | exim bank |
C. | small scale industries |
D. | banking sector |
Answer» A. export-import policy |
72. |
EXIM Bank was set up in: |
A. | 1980 |
B. | 1982 |
C. | 1991 |
D. | 2000 |
Answer» B. 1982 |
73. |
The balance of payment on current account shows: |
A. | the record of the current position of the country in transfer of both visible and invisible items |
B. | the record of the financial position of the country |
C. | the extent of the financial position of the country |
D. | the record of the current position of visible items. |
Answer» A. the record of the current position of the country in transfer of both visible and invisible items |
74. |
“Capitalism” refers to? |
A. | The use of market |
B. | Government ownership of capital |
C. | Private ownership of capital goods |
D. | Private ownership of homes & cars |
Answer» C. Private ownership of capital goods |
75. |
What is the main cause of exports surplus? |
A. | Country’s stringent import policy |
B. | Developments in national and international markets |
C. | Country’s exports promotion value |
D. | above all |
Answer» D. above all |
76. |
Which is the primary objective of economic planning in India |
A. | Reducing Inequalities of |
B. | Abolition of poverty |
C. | Growth with social justice |
D. | Removing unemployment |
Answer» C. Growth with social justice |
77. |
Which of the following is associated with poverty estimation ? |
A. | Tendulkar committee |
B. | Lakdawala committee |
C. | Saxena committee |
D. | All the above |
Answer» D. All the above |
78. |
Which of the following state introduced Employment Guarantee Scheme first? |
A. | Madhya Pradesh |
B. | Maharashtra |
C. | Tamil Nadu |
D. | Karnataka |
Answer» B. Maharashtra |
79. |
Infant mortality |
A. | Defined as the annual number of deaths of infant under 1 year |
B. | Reflects the availability of primary education, the rights of |
C. | life expectancy up to age 3. |
D. | Reflects the availability of hospitals and |
Answer» A. Defined as the annual number of deaths of infant under 1 year |
80. |
is below the income that secures the bare essentials of food, clothing, |
A. | Income inequality. |
B. | Absolute poverty. |
C. | Sen’s poverty index. |
D. | Purchasing-power poverty. |
Answer» B. Absolute poverty. |
81. |
The unemployment rate is the |
A. | Employed plus unemployed divided by labor force. |
B. | Total employment divided by population. |
C. | Labor force divided by population. |
D. | Uunemployed divided by employed |
Answer» A. Employed plus unemployed divided by labor force. |
82. |
In which type of unemployment do the marginal productivity of the workers is zero? |
A. | Disguised Unemployment |
B. | Involuntary unemployment |
C. | Seasonal unemployment |
D. | Structural Unemployment |
Answer» A. Disguised Unemployment |
83. |
Which is the state with minimum sex ratio in India? |
A. | Chandigarh |
B. | Delhi |
C. | Haryana |
D. | Punjab |
Answer» C. Haryana |
84. |
Which is the state with highest number of Scheduled Castes in India? |
A. | Andhra Pradesh |
B. | Bihar |
C. | Tamil Nadu |
D. | Uttar Pradesh |
Answer» D. Uttar Pradesh |
85. |
Which country is the largest consumer of sugar in the world? |
A. | USA |
B. | CHINA |
C. | JAPAN |
D. | INDIA |
Answer» A. USA |
86. |
Which is the largest sugar-producing country in the world? |
A. | INDIA |
B. | CHINA |
C. | BRAZIL |
D. | None of the above |
Answer» C. BRAZIL |
87. |
When was cotton textile industry established in Mumbai? |
A. | 1854 |
B. | 1855 |
C. | 1948 |
D. | 1956 |
Answer» A. 1854 |
88. |
Which is the Indian state with the highest number of powerlooms? |
A. | Gujarat |
B. | Madhya Pradesh |
C. | Maharashtra |
D. | Tamil Nadu |
Answer» C. Maharashtra |
89. |
Which of the following industries is not a heavy industriy. |
A. | Cotton textile |
B. | Cement |
C. | Iron and Steel |
D. | Ship building |
Answer» A. Cotton textile |
90. |
Which one of the following agencies, markets steel for the public sector plants? |
A. | HAIL |
B. | SAIL |
C. | TATA Steel |
D. | MNCC |
Answer» B. SAIL |
91. |
Where was oil discovered for the first time in India? |
A. | Digboi |
B. | Numaligarh |
C. | Bongaigon |
D. | Barauni |
Answer» A. Digboi |
92. |
In production sector, a micro enterprise is an enterprise where investment in plant and |
A. | 10 LAKH |
B. | 15 LAKH |
C. | 12 LAKH |
D. | 25 LAKH |
Answer» D. 25 LAKH |
93. |
Which of the following does not form part of current account under balance of payments? |
A. | Export and import of goods |
B. | Export and import of services |
C. | Income receipts and payments |
D. | Capital receipts and payments |
Answer» D. Capital receipts and payments |
94. |
Balance in capital account refer to the |
A. | Nation’s net exports of goods and services |
B. | Nation’s net exports of financial claims |
C. | Nation’s net exports of international official reserve assets |
D. | Nation’s sum of net exports of goods, services and financial |
Answer» D. Nation’s sum of net exports of goods, services and financial |
95. |
Balance in capital account refer to the |
A. | National Development Council (NDC) |
B. | Ministry of Finance |
C. | Planning Commission (now NITI Aayog) |
D. | President of India |
Answer» A. National Development Council (NDC) |
96. |
When was the first five-year plan of India started? |
A. | 1949 |
B. | 1950 |
C. | 1952 |
D. | 1951 |
Answer» D. 1951 |
97. |
What as the prime target of the first five-year plan of India? |
A. | Development of the industries |
B. | Development of Agriculture |
C. | Development of infrastructure |
D. | Development of ports |
Answer» B. Development of Agriculture |
98. |
Which programme given the slogan of Garibi Hatao? |
A. | 7th five-year plan |
B. | 3rd five year plan |
C. | 6th five year plan |
D. | 5th five-year plan |
Answer» D. 5th five-year plan |
99. |
In which five-year plan India opted for a mixed economy? |
A. | First |
B. | Second |
C. | Third |
D. | Fourth |
Answer» D. Fourth |
100. |
When was the plan holiday declared? |
A. | After the third plan |
B. | After the fourth plan |
C. | After the fifth plan |
D. | After the sixth plan |
Answer» A. After the third plan |
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