158
88k
Chapter:

70+ Natural Resources and Other Facts of Indian Economy Solved MCQs

in Indian Economy

These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Business Administration (BBA) , Bachelor of Arts (BA) , Bachelor of Arts in Economics (BA Economics) , Union Public Service Commission (UPSC) .

Chapters

Take a Test
Chapter: Natural Resources and Other Facts of Indian Economy
51.

Who is the originator of Green Revolution in India?

A. Norman E. Borlaug
B. M.S. Swaminathan
C. Garry Backer
D. None of these
Answer» A. Norman E. Borlaug
discuss
52.

What is Green Gold?

A. Tea
B. Coffee
C. Gold
D. Rice
Answer» A. Tea
discuss
53.

'Conditionality' of an IMF loan to a member country stands for: [Asstt Grade 1994]

A. interest and repayment terms of the loan
B. an assessment of the credit worthiness of the borrower
C. schedule of disbursement of loan installments
D. the policy steps which the borrower country must take
Answer» D. the policy steps which the borrower country must take
discuss
54.

Which State produces maximum pulses in the country?

A. Madhya Pradesh
B. Uttar Pradesh
C. Odisha
D. Maharashtra
Answer» A. Madhya Pradesh
discuss
55.

Which state produces maximum Soyabean?

A. Madhya Pradesh
B. Uttar Pradesh
C. Bihar
D. Rajasthan
Answer» A. Madhya Pradesh
discuss
56.

What percentage of country's demand for natural rubber is met by indigenous production:

A. 80%
B. 97%
C. 86%
D. 100%
Answer» C. 86%
discuss
57.

Buffer stocks of foodgrains have helped the Government to achieve all but one of the following:

A. solve food problem
B. maintain Public Distribution System
C. implement employment generation programmes
D. provide balanced diet to masses
Answer» D. provide balanced diet to masses
discuss
58.

Consider the following statements: [IAS 2004]
1. Regarding the procurement of foodgrains, the Government of India follows a procurement target rather than an open-ended procurement policy
2. Government of India announces minimum support price only for cereals
3. For distribution under Targeted Public Distribution System (TPDS)wheat and rice are issued by the Government of India at uniform central issue prices to the States/Union Territories Which of the statements given above is/are correct?

A. 1 and 2
B. 2 only
C. 1 and 3
D. 3 only
Answer» D. 3 only
discuss
59.

Consider the following statements : [IAS 2004]
India continues to be dependent on imports to meet the requirement of oilseeds in the country because:
1. farmers prefer to grow food grains with highly remunerative support prices
2. most of the cultivation of oilseed crops continues to be dependent on rainfall
3. oils from the seeds of tree origin and rice bran have remained unexploited
4. it is far cheaper to import oilseeds than to cultivate the oilseed crops
Which of the statements given above are correct?

A. 1 and 2
B. 1, 2 and 3
C. 3 and 4
D. 1, 2, 3 and 4
Answer» B. 1, 2 and 3
discuss
60.

India is said to be in the second stage of the demographic transition because:

A. both birth and death rates are high
B. birth rate is high but -death rate is declining due to improvement in healthy services
C. death rates and birth rates are declining sharply
D. none of the above
Answer» B. birth rate is high but -death rate is declining due to improvement in healthy services
discuss
61.

Which arrangement of the following would show the correct sequence of demographic transition as typically associated with economic development? 1. high birth rate with high death rate 2. birth rate with low death rate 3. high birth rate with low death rate

A. 1, 2, 3
B. 1, 3, 2
C. 3, 1, 2
D. 2, 1, 3
Answer» B. 1, 3, 2
discuss
62.

Which of the following statements regarding wheat production is/a reincorrect? 1. Maximum area under wheat is in Uttar Pradesh 2. Maximum production is in Uttar Pradesh 3. Highest productivity is from Haryana

A. 1 and 3
B. 2 only
C. 1 and 2
D. 3 only
Answer» D. 3 only
discuss
63.

The 'Uruguay Round' negotiations resulted in the establishment of: [Asstt Comm 2008]

A. NATO
B. OECD
C. WHO
D. WTO
Answer» D. WTO
discuss
64.

India is a member of which of the following?
1. Asian Development Bank
2. Asia-Pacific Economic Cooperation
3. Colombo Plan
4. Organization for Economic Cooperation and Development (OECD)
Select the correct answer using the code given below: [IAS 2008]

A. 1 and 3 only
B. 2 and 4 only
C. 1, 2 and 3 only
D. 1, 2, 3 and 4
Answer» A. 1 and 3 only
discuss
65.

Consider the following statements: 1. The agreement on South Asian Free Trade Area (SAFTA)came into effect from 1st December, 2005. 2. As per SAFTA agreement terms, India, Pakistan and Sri Lanka have to decrease their custom duties to the level of 0 to 5 percent by the year 2013. Which of the statements given above is/are correct? [IAS 2006]

A. 1 only
B. 2 only
C. Both 1 and 2
D. Neither 1nor 2
Answer» D. Neither 1nor 2
discuss
66.

Which one of the following countries is not a member of ASEAN? [IAS 2006]

A. Vietnam
B. Brunei Darussalam
C. Bangladesh
D. Myanmar
Answer» C. Bangladesh
discuss
67.

With reference to Union Government, which one of the following undertake the country-wide Economic Census? [Asstt Comm 2008]

A. Department of Expenditure
B. The National Sample Organization
C. Planning Commission
D. The Central Statistical Organization
Answer» D. The Central Statistical Organization
discuss
68.

In which year was 'Rajiv Gandlii Grameen Vidyutikaran Yojana' launched? [Asstt Comm 2008]

A. 2004
B. 2005
C. 2006
D. 2007
Answer» B. 2005
discuss
69.

India is self-sufficient in production of which of the following commodities? [RBI Grade B Officer 2011]

A. Edible oil
B. Milk
C. Pulses
D. Natural gas
Answer» B. Milk
discuss
70.

What does S & P 500 relate to? [IAS 2008]

A. Supercomputer
B. A new technique in e-business
C. A new technique in bridge building
D. An index of stocks of large companies
Answer» D. An index of stocks of large companies
discuss
71.

Which one amongst the following has the largest livestock population in the world? [IAS 2008]

A. Brazil
B. China
C. India
D. USA
Answer» C. India
discuss
72.

Basel II relates to which one of the following? [IAS 2007]

A. International standards for safety in civil aviation
B. Measures against cyber crimes
C. Measures against drug abuse by sportspersons
D. International standards for measuring the adequacy of a bank's capital
Answer» D. International standards for measuring the adequacy of a bank's capital
discuss
73.

Tarapore Committee was associated with which one of the following? [IAS 2007]

A. Special Economic Zones
B. Fuller capital account convertibility
C. Foreign exchange reserves
D. Effect of oil-prices on the Indian economy
Answer» B. Fuller capital account convertibility
discuss
74.

A National Development Fund was created by the Govt. of India a few years ago. What was the purpose of the fund? [Punjab & Sindh Bank 2011]
(A) Boost investment in· social sector projects to promote education, healthcare and employment.
(B) Capital investments in selected profitable PSEs to yield adequate returns
(C) To fund revision in pay structure of central Govt. employees.

A. Only A
B. Only B
C. Only C
D. Both A & B
Answer» A. Only A
discuss

Done Studing? Take A Test.

Great job completing your study session! Now it's time to put your knowledge to the test. Challenge yourself, see how much you've learned, and identify areas for improvement. Don’t worry, this is all part of the journey to mastery. Ready for the next step? Take a quiz to solidify what you've just studied.

Take a Test