McqMate
| 101. |
Which is the most important reason for migration from Kerala? |
| A. | Push factor |
| B. | Pull factor |
| C. | Both |
| D. | None |
| Answer» A. Push factor | |
| 102. |
Tourism was recognized as an industry by Kerala in: |
| A. | 1990 |
| B. | 1996 |
| C. | 1986 |
| D. | 2011 |
| Answer» C. 1986 | |
| 103. |
The threats to Tourism industry in Kerala does not include: |
| A. | Global warming |
| B. | changing weather patterns |
| C. | Safety |
| D. | All |
| Answer» D. All | |
| 104. |
The percentage contribution of tourism to the state economy in2010‐11 is: |
| A. | 7% |
| B. | 8% |
| C. | 6% |
| D. | 9% |
| Answer» D. 9% | |
| 105. |
The leading district for domestic and foreign tourist arrival is: |
| A. | Thiruvananthapura |
| B. | Ernakulam |
| C. | Palakkad |
| D. | Thrissur |
| Answer» B. Ernakulam | |
| 106. |
The single largest source market of Kerala for foreign tourist visits is: |
| A. | United Kingdom |
| B. | USA |
| C. | UAE |
| D. | None |
| Answer» A. United Kingdom | |
| 107. |
The largest number of emigrants originated from: |
| A. | Kottayam |
| B. | Ernakulam |
| C. | Palakkad |
| D. | Malappuram district |
| Answer» D. Malappuram district | |
| 108. |
Kerala Migration Survey 2011 is conducted by: |
| A. | Kerala Government |
| B. | Planning Board |
| C. | CDS |
| D. | None |
| Answer» C. CDS | |
| 109. |
As per the World Bank criterion the income of the Lower middle income countries ranges |
| A. | $ $1,006 ‐ $3,975 |
| B. | $3,976 ‐ $12,275 |
| C. | $1,005 or less |
| D. | None |
| Answer» A. $ $1,006 ‐ $3,975 | |
| 110. |
India is a: |
| A. | Developed country |
| B. | Under developed Country |
| C. | Developing country |
| D. | None |
| Answer» C. Developing country | |
| 111. |
The growth rate of Indian economy in 2011‐112is: |
| A. | 6.9% |
| B. | 9% |
| C. | 6.5% |
| D. | 8.2% |
| Answer» A. 6.9% | |
| 112. |
The rate of investment as percent of GDP in 2010‐11 in Indian economy is: |
| A. | 32.3% |
| B. | 27.2% |
| C. | 33.5% |
| D. | 35.1% |
| Answer» D. 35.1% | |
| 113. |
The rate of saving as percent of GDP in 2010‐11 in Indian economy is: |
| A. | 32.3% |
| B. | 35.1% |
| C. | 34.5% |
| D. | 32.9% |
| Answer» A. 32.3% | |
| 114. |
Which sector is considered as the work horse of Indian economy? |
| A. | Primary |
| B. | Secondary |
| C. | Tertiary |
| D. | None |
| Answer» C. Tertiary | |
| 115. |
According to 2001 census the rate of urbanisation in India is: |
| A. | 72.2% |
| B. | 27.8% |
| C. | 32.5% |
| D. | 45.2% |
| Answer» B. 27.8% | |
| 116. |
In India the poverty is estimated in terms of: |
| A. | Calorie |
| B. | Income |
| C. | food |
| D. | All |
| Answer» A. Calorie | |
| 117. |
The type of poverty exists in India is |
| A. | Open |
| B. | Relative |
| C. | Absolute |
| D. | None |
| Answer» C. Absolute | |
| 118. |
Relative poverty is basically related with |
| A. | Poor |
| B. | Rich |
| C. | Both |
| D. | None |
| Answer» B. Rich | |
| 119. |
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 | |
| 120. |
According to Tendulkar committee India’s poverty in 2004‐05 is: |
| A. | 37.2% |
| B. | 27.5% |
| C. | 21.6% |
| D. | None |
| Answer» A. 37.2% | |
| 121. |
According to Mixed Recall period India’s Poverty in 2004‐05 is |
| A. | 36% |
| B. | 27.5% |
| C. | 21.8% |
| D. | None |
| Answer» C. 21.8% | |
| 122. |
NSSO 61St round meeting is taking place in |
| A. | 2000‐01 |
| B. | 2012‐13 |
| C. | 2010‐11 |
| D. | 2004‐05 |
| Answer» D. 2004‐05 | |
| 123. |
Which of the following committee was appointed by the Ministry of rural development to recommend a suitable methodology for identification of BPL families in rural areas: |
| A. | N.C.Saxena |
| B. | Tendulkar |
| C. | Sengupta |
| D. | Jain |
| Answer» A. N.C.Saxena | |
| 124. |
World Bank’s New International Poverty Line is based on: |
| A. | $1.25 per day |
| B. | $2 per day |
| C. | $1.50 per day |
| D. | $2.5 per day |
| Answer» B. $2 per day | |
| 125. |
According to the Planning Commission’s estimates the per capita monthly expenditure for urban poverty in 2004‐05 is |
| A. | Rs.538.60 |
| B. | Rs.356.30 |
| C. | Rs.454.11 |
| D. | None |
| Answer» A. Rs.538.60 | |
| 126. |
TRYSEM was established in |
| A. | 1996 |
| B. | 1990 |
| C. | 1980 |
| D. | 1979 |
| Answer» D. 1979 | |
| 127. |
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 | |
| 128. |
Which is an urban poverty eradication Programme? |
| A. | JRY |
| B. | NREGP |
| C. | RLEGP |
| D. | NRY |
| Answer» D. NRY | |
| 129. |
Which of the following is an urban employment generation programme? |
| A. | MGNREGS |
| B. | SGSY |
| C. | SJSRY |
| D. | PMGSY |
| Answer» C. SJSRY | |
| 130. |
The type of unemployment more prominent in India is: |
| A. | Seasonal |
| B. | Cyclical |
| C. | Structural |
| D. | Open |
| Answer» C. Structural | |
| 131. |
India’s unemployment is estimated by the agency: |
| A. | NSSO |
| B. | RBI |
| C. | Finance Ministry |
| D. | Both (a)&(b) |
| Answer» A. NSSO | |
| 132. |
The long term unemployment is measured by |
| A. | Usual Status |
| B. | Current Weekly Status |
| C. | Current daily Status |
| D. | None |
| Answer» A. Usual Status | |
| 133. |
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 | |
| 134. |
The ratio of unemployment in India in 2004‐05 is: |
| A. | 5.8 |
| B. | 6.6 |
| C. | 8.2 |
| D. | None |
| Answer» C. 8.2 | |
| 135. |
India’s rank according to HDI in 2011 is |
| A. | 127 |
| B. | 134 |
| C. | 130 |
| D. | 124 |
| Answer» B. 134 | |
| 136. |
The Gini coefficient of India in 2011is |
| A. | 36.8 |
| B. | 33.4 |
| C. | 32.10 |
| D. | 38.1 |
| Answer» A. 36.8 | |
| 137. |
The average MPCE of rural people in India is: |
| A. | Rs.1054 |
| B. | Rs.1984 |
| C. | Rs.2105 |
| D. | Rs.455 |
| Answer» A. Rs.1054 | |
| 138. |
Among the following states which has the highest HDI value? |
| A. | Goa |
| B. | Punjab |
| C. | Kerala |
| D. | Tamil Nadu |
| Answer» C. Kerala | |
| 139. |
Which of the following bodies finalizes the Five Year Plan proposals? |
| A. | Planning Commission |
| B. | Union Cabinet |
| C. | National Development Council |
| D. | Ministry of Planning |
| Answer» C. National Development Council | |
| 140. |
Who among the following is the Chairman of the Planning Commission? |
| A. | President |
| B. | Speaker of Lok Sabha |
| C. | Prime Minister |
| D. | Union Minister of Planning |
| Answer» C. Prime Minister | |
| 141. |
Planning in India derives its objectives from : |
| A. | Fundamental Rights |
| B. | Directive Principles of State policy |
| C. | Fundamental Duties |
| D. | Preamble |
| Answer» B. Directive Principles of State policy | |
| 142. |
The concept of Five Year Plans in India was introduced by: |
| A. | Lord Mountbatten |
| B. | Jawaharlal Nehru |
| C. | Indira Gandhi |
| D. | Lal Bahadur Shastri |
| Answer» B. Jawaharlal Nehru | |
| 143. |
National Development Council was set up in : |
| A. | 1948 |
| B. | 1950 |
| C. | 1951 |
| D. | 1952 |
| Answer» D. 1952 | |
| 144. |
The first attempt to initiate economic planning in India was made by: |
| A. | Balwantrai Mehta |
| B. | Vallabhbhai Patel |
| C. | M. Visvesvaraya |
| D. | Jawaharlal Nehru |
| Answer» C. M. Visvesvaraya | |
| 145. |
The period of the First Five Year plan was from : |
| A. | 1950‐51 to 1954‐55 |
| B. | 1951‐52 to 1955‐56 |
| C. | 1952‐53 to 1956‐57 |
| D. | None of these |
| Answer» B. 1951‐52 to 1955‐56 | |
| 146. |
The mian objective of First Five Year Plan was: |
| A. | Industrial growth |
| B. | Economic growth |
| C. | Development of agriculture including irrigation and power projects |
| D. | Self reliance |
| Answer» C. Development of agriculture including irrigation and power projects | |
| 147. |
Which of the following Five Year Plans was terminated one year before its completion? |
| A. | Second |
| B. | Third |
| C. | Fourth |
| D. | Fifth |
| Answer» D. Fifth | |
| 148. |
Economic Planning is a subject: |
| A. | In the Union List |
| B. | In the State List |
| C. | In the Concurrent List |
| D. | Unspecified in any special list |
| Answer» A. In the Union List | |
| 149. |
Which of the following are not members of the National Development Council? |
| A. | The Prime Minister |
| B. | the President |
| C. | Chief Ministers of states |
| D. | Members of the Planning Commission |
| Answer» B. the President | |
| 150. |
The Second Five Year Plan laid more stress upon: |
| A. | Agriculture ' |
| B. | Industrialization |
| C. | Removing poverty |
| D. | Self reliance |
| Answer» B. Industrialization | |
| 151. |
Attainment of economic self reliance and removal of poverty were the main objectives of : |
| A. | First Five Year Plan |
| B. | Fourth Five Year Plan |
| C. | Fifth Five Year Plan |
| D. | Sixth Five Year Plan |
| Answer» C. Fifth Five Year Plan | |
| 152. |
For internal financing of Five Year Plans, the government depends on: |
| A. | Taxation only |
| B. | Taxation and public borrowing |
| C. | Public borrowing and deficit financing |
| D. | Taxation, public borrowing & deficit financing |
| Answer» D. Taxation, public borrowing & deficit financing | |
| 153. |
The Eighth Five Year Plan gave priority to: |
| A. | Industrial growth |
| B. | Promotion of exports |
| C. | Increasing agricultural productivity |
| D. | Employment generation |
| Answer» D. Employment generation | |
| 154. |
The strategy of rolling plan was adopted during the Prime Ministership of ; |
| A. | Lal Bahadur Shastri |
| B. | Indira Gandhi |
| C. | Morarji Desai |
| D. | Rajiv Gandhi |
| Answer» C. Morarji Desai | |
| 155. |
Who among the following authored the book 'Planned Economy for India' in 19 |
| A. | D.R. Gadgil |
| B. | M.N. Roy |
| C. | M. Viswesvaraya |
| D. | V.K.R.V Roy |
| Answer» C. M. Viswesvaraya | |
| 156. |
The Planning Commission implemented three Annual Plans instead of Five Year Plans between: |
| A. | The Third and Fourth Plan |
| B. | The Fifth and Sixth Plan |
| C. | The Sixth and Seventh plan |
| D. | The Seventh and Eighth Plan |
| Answer» A. The Third and Fourth Plan | |
| 157. |
What is the correct sequence of the following strategies used for Five Year Plans in India? 1. Balanced growth 2. Rehabilitation of the economy 3. Industrial development |
| A. | 1,3,2 |
| B. | 2,1,3 |
| C. | 2,3,1 |
| D. | 3,2,1 |
| Answer» C. 2,3,1 | |
| 158. |
The steel plants at Durgapur, Bhilai and Rourkela were established during the period of: |
| A. | First Five Year Plan |
| B. | Second Five Year Plan |
| C. | Third Five Year Plan |
| D. | Fourth Five Year Plan |
| Answer» B. Second Five Year Plan | |
| 159. |
Eighth Five Year Plan covered the period: |
| A. | 1990‐95 |
| B. | 1989‐94 |
| C. | 1991‐96 |
| D. | 1992‐97 |
| Answer» D. 1992‐97 | |
| 160. |
The term 'Hindu rate of growth' refers to the 3.70% per annum growth rate achieved by the Indian economy over the first six Five Year Plans'. The term was coined by: |
| A. | J.N. Bhagwati |
| B. | K.N. Raj |
| C. | Raj Krishna |
| D. | Sukhamoy Chakravarty |
| Answer» C. Raj Krishna | |
| 161. |
Which of the following statements is correct? |
| A. | Planning Commission is a constitutional body |
| B. | The Prime Minister is the Chairman of the Planning Commission. |
| C. | The Minister of Planning is always necessarily the Deputy Chairman of Planning Commission |
| D. | The draft plan is prepared by the National Development Council |
| Answer» B. The Prime Minister is the Chairman of the Planning Commission. | |
| 162. |
Economic planning is an essential feature of: |
| A. | Dual economy |
| B. | Mixed economy |
| C. | Capitalist economy |
| D. | Socialist economy |
| Answer» D. Socialist economy | |
| 163. |
The main model that formed the basis of the strategy of the Second Five Year Plan was formulated by : |
| A. | V.K. R.V. Rao |
| B. | PC. Mahalonobis |
| C. | Dr.Gadgil |
| D. | P.R.Brahamandas |
| Answer» B. PC. Mahalonobis | |
| 164. |
A major shift in the Eighth Five Year Plan from it preceding ones was: |
| A. | The concentration of investment in infrastructural sector |
| B. | Major investment in agriculture with a view to promoting exports |
| C. | Major investment in sectors where industrial sickness has been a chronic problem |
| D. | The significant reduction in public sector outlays |
| Answer» B. Major investment in agriculture with a view to promoting exports | |
| 165. |
The objective of ‘inclusive growth’ was first used in which of the following plans? |
| A. | First |
| B. | Eighth |
| C. | Tenth |
| D. | Eleventh |
| Answer» D. Eleventh | |
| 166. |
Which one of the following is related to the commodity money? |
| A. | Stones |
| B. | Cattles |
| C. | Grains |
| D. | All of the above |
| Answer» D. All of the above | |
| 167. |
Which of the following is not related to commodity money? |
| A. | All commodities were not uniform in quality |
| B. | It is difficult to store and prevent the loss of value |
| C. | They lacked portability |
| D. | There was no problem of coincidence of wants |
| Answer» D. There was no problem of coincidence of wants | |
| 168. |
Find the odd man out with reference to money |
| A. | Copper |
| B. | Silver |
| C. | Cattles |
| D. | Gold |
| Answer» C. Cattles | |
| 169. |
Which of the following is not correctly matched? |
| A. | Bows and arrows – used as money in the hunting society |
| B. | Cattles – used as money in the pastoral society |
| C. | Grains – used as money by the agricultural society |
| D. | Gold and silver coins – used as money in which the face value is greater |
| Answer» C. Grains – used as money by the agricultural society | |
| 170. |
Assertion (A): Necessity led to the invention of money. Reason(R) : Barter system failed to perform the major functions of money. |
| A. | (A) is true but (R) is false. |
| B. | Both (A) and (R) are false |
| C. | Both (A) and (R) are true and (R) is the correct explanation of (A) |
| D. | Both (A) and (R) are true but (R) is not the correct explanation of (A) |
| Answer» C. Both (A) and (R) are true and (R) is the correct explanation of (A) | |
| 171. |
Which one of the following is an example of “fiat money?” |
| A. | Precious stones |
| B. | Grains |
| C. | Gold coins |
| D. | Currency notes |
| Answer» D. Currency notes | |
| 172. |
In the case of paper currency |
| A. | Intrinsic value and face value are equal |
| B. | Intrinsic value is less than face value |
| C. | Intrinsic value is greater than face value |
| D. | None of the above |
| Answer» B. Intrinsic value is less than face value | |
| 173. |
‐‐‐‐‐‐ is not an example of ‘near money’ |
| A. | Bill of exchange |
| B. | Treasury bills |
| C. | Bond |
| D. | Currency notes |
| Answer» D. Currency notes | |
| 174. |
Which of the following is a primary function of money? |
| A. | Measure of value |
| B. | Store of value |
| C. | Standard of deferred payments |
| D. | Basis of credit |
| Answer» A. Measure of value | |
| 175. |
The most liquid form of all assets is |
| A. | Bonds |
| B. | Debentures |
| C. | Bill of exchange |
| D. | Currency note |
| Answer» D. Currency note | |
| 176. |
In India the standard money is |
| A. | Gold coins |
| B. | Rupee |
| C. | Dollar |
| D. | Paisa |
| Answer» B. Rupee | |
| 177. |
In the case of a ‘full bodied money’: |
| A. | Intrinsic value is less than face value |
| B. | Intrinsic value is equal to face value |
| C. | Intrinsic value is greater than face value |
| D. | None of the above |
| Answer» B. Intrinsic value is equal to face value | |
| 178. |
In the case of a ‘token money’ |
| A. | Face value is less than the metal value |
| B. | Face value is equal to the metal value |
| C. | Face value is greater than the metal value |
| D. | None of the above |
| Answer» C. Face value is greater than the metal value | |
| 179. |
Demand for money arises from |
| A. | Money acts as a medium of exchange |
| B. | Money acts as a store of value |
| C. | Both A and B |
| D. | Neither A nor B |
| Answer» C. Both A and B | |
| 180. |
People are said to be suffered from “money illusion” since: |
| A. | People merely consider with nominal money holdings |
| B. | People consider the real money balances |
| C. | Both A and B |
| D. | None of the above |
| Answer» A. People merely consider with nominal money holdings | |
| 181. |
Which of the following is a concept of ‘broad money”: |
| A. | M1 |
| B. | M2 |
| C. | M3 |
| D. | All of the above |
| Answer» C. M3 | |
| 182. |
In the Quantity Theory of Money, Fischer states that while other things remains the same: |
| A. | Price level varies directly with the quantity of money |
| B. | Price level varies inversely with the quantity of money |
| C. | Value of money varies directly with the quantity of money |
| D. | None of the above |
| Answer» A. Price level varies directly with the quantity of money | |
| 183. |
Inflation is a situation where |
| A. | Prices are falling |
| B. | Value of money is falling |
| C. | Value of money is rising |
| D. | All of the above |
| Answer» B. Value of money is falling | |
| 184. |
‘Stagflation’ is a situation where the economy faces: |
| A. | Inflation |
| B. | Inflation as well as stagnation |
| C. | Stagnation |
| D. | None of the above |
| Answer» B. Inflation as well as stagnation | |
| 185. |
Cost – push inflation arises due to: |
| A. | Rise in wages |
| B. | Rise in the prices of raw materials |
| C. | Rise in profit |
| D. | All of the above |
| Answer» D. All of the above | |
| 186. |
Which of the following is not a function of a commercial bank: |
| A. | Accepting deposits |
| B. | Advancing loans |
| C. | Issuing currency |
| D. | Credit creation |
| Answer» C. Issuing currency | |
| 187. |
Which of the following represents the major functions of the central bank? |
| A. | Note issuing agency |
| B. | Controller of credit |
| C. | Banker to the governmen |
| D. | All of the above |
| Answer» D. All of the above | |
| 188. |
Find the odd man out: |
| A. | Bank rate policy |
| B. | Taxation |
| C. | Open market operation |
| D. | Variable reserve ratio |
| Answer» B. Taxation | |
| 189. |
Bank rate refers to: |
| A. | Discount rate |
| B. | Rediscount rate |
| C. | Market rate |
| D. | None of the above |
| Answer» B. Rediscount rate | |
| 190. |
Open market operation influences: |
| A. | The reserves of commercial banks |
| B. | The market rate of interest |
| C. | Both A and B |
| D. | None of the above |
| Answer» C. Both A and B | |
| 191. |
Which of the following is an anti‐deflationary monetary policy? |
| A. | Purchase of government securities from commercial banks and from the public |
| B. | Sale of government securities from commercial banks and from the public |
| C. | Raising the cash reserve ratio |
| D. | All of the above |
| Answer» A. Purchase of government securities from commercial banks and from the public | |
| 192. |
Which of the following is not a measure of selective credit control? |
| A. | Variable reserve ratio |
| B. | Regulation of consumer credit |
| C. | Regulation of margin requirements |
| D. | Rationing of credit |
| Answer» A. Variable reserve ratio | |
Done Reading?