McqMate
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
| 751. |
Economic Development means economic growth with: |
| A. | Price Stability |
| B. | Social Change |
| C. | Inflation |
| D. | Deflation |
| Answer» B. Social Change | |
| 752. |
The Planning Commission was formed on - |
| A. | 26th January 1950 |
| B. | 15th August 1947 |
| C. | 15th March 1950 |
| D. | none |
| Answer» C. 15th March 1950 | |
| 753. |
The Planning Commission was dissolved on |
| A. | 15th August 2017 |
| B. | 17th August 2014 |
| C. | 26th January 2015 |
| D. | none |
| Answer» B. 17th August 2014 | |
| 754. |
NITI Aayog, was formed via a resolution of the Union Cabinet on |
| A. | 15th August 2017 |
| B. | 17th August 2014 |
| C. | 1st January 2015 |
| D. | none |
| Answer» C. 1st January 2015 | |
| 755. |
NITI Aayog is the premier ‘Policy Think Tank’ of the Government of India, providing |
| A. | directional and policy inputs |
| B. | Regulatory policy planning |
| C. | Monetary instructions |
| D. | none |
| Answer» A. directional and policy inputs | |
| 756. |
The major objectives of NITI Aayog are to - |
| A. | provides technical advice to the Centre and States |
| B. | design strategic and long-term policies/ programmes for Govt. |
| C. | Both of these |
| D. | none |
| Answer» C. Both of these | |
| 757. |
As per Union Budget documents, Nominal GDP of India in the year 2019-20 was |
| A. | 2.96 Trillion USD |
| B. | 3.27 Trillion USD |
| C. | 4.56 Trillion USD |
| D. | none |
| Answer» A. 2.96 Trillion USD | |
| 758. |
NITI Aayog has framed its initiatives for |
| A. | “25-year Road map”, “5- year vision, strategy and 1-year action plans” |
| B. | “15-year Road map”, “7- year vision, strategy and 3 years action plans” |
| C. | "5-year Road map”, “2- year vision, strategy and 1-year action plans” |
| D. | none |
| Answer» B. “15-year Road map”, “7- year vision, strategy and 3 years action plans” | |
| 759. |
As per Ministry of Statistics & Program Implementation, what is the contribution of Primary sector to the GDP of India in the year 2018-19- |
| A. | 50.1 % |
| B. | 15.87% |
| C. | 29.73% |
| D. | none |
| Answer» B. 15.87% | |
| 760. |
As per Ministry of Statistics & Program Implementation, what is the contribution of Tertiary/ Services sector to the GDP of India in the year 2018-19- |
| A. | 54.40 % |
| B. | 15.87% |
| C. | 29.73% |
| D. | none |
| Answer» A. 54.40 % | |
| 761. |
As per Ministry of Statistics & Program Implementation, what is the contribution of secondary sector to the GDP of India in the year 2018-19- |
| A. | 54.40 % |
| B. | 15.87% |
| C. | 29.73% |
| D. | none |
| Answer» C. 29.73% | |
| 762. |
When did India become the member of World Trade Organization |
| A. | On 1 January , 1995 |
| B. | On 15 July, 2009 |
| C. | On 1 April 2011 |
| D. | none |
| Answer» A. On 1 January , 1995 | |
| 763. |
According to 'Ease of doing business index' what is India's ranking |
| A. | 63 |
| B. | 68 |
| C. | 85 |
| D. | none |
| Answer» A. 63 | |
| 764. |
According to nominal Net State domestic product per capita ----- is the richest state in India. |
| A. | Haryana |
| B. | Delhi |
| C. | Goa |
| D. | none |
| Answer» C. Goa | |
| 765. |
According to nominal Net State domestic product per capita ----- is the poorest state in India. |
| A. | Haryana |
| B. | Bihar |
| C. | Orrisa |
| D. | none |
| Answer» B. Bihar | |
| 766. |
What is India's ranking on Human Development Index released by UNDP in the year 2019- |
| A. | 187 |
| B. | 154 |
| C. | 129 |
| D. | none |
| Answer» C. 129 | |
| 767. |
Human Development Index assesses the parameter |
| A. | Life Expectancy Index |
| B. | Education Index |
| C. | GNI Index |
| D. | All the three |
| Answer» D. All the three | |
| 768. |
The gender inequality index in India measures |
| A. | public-private partnership |
| B. | discrimination between males & females |
| C. | discrimination between educated & uneducated |
| D. | none |
| Answer» B. discrimination between males & females | |
| 769. |
In gender inequality index India ranks at 122 out of 162 countries |
| A. | 157 |
| B. | 104 |
| C. | 122 |
| D. | none |
| Answer» C. 122 | |
| 770. |
The Regional Councils of NITI Aayog include |
| A. | Chief Minister of particular state |
| B. | Central Ministers & Secretaries of the sector |
| C. | domain experts of the sector |
| D. | All the three |
| Answer» D. All the three | |
| 771. |
"Antyodaya" scheme of NITI Aayog prioritizes |
| A. | Elimination of poverty |
| B. | spread of education |
| C. | the service & upliftment of poor, marginalized & downtrodden |
| D. | none |
| Answer» C. the service & upliftment of poor, marginalized & downtrodden | |
| 772. |
"Sustainability" as an indicator of economic growth means |
| A. | elimination of poverty |
| B. | more productivity |
| C. | responsible use of resources |
| D. | none |
| Answer» C. responsible use of resources | |
| 773. |
First Five Year Plan was based on … |
| A. | Harrod-Domar Model |
| B. | Mahalanobis Model |
| C. | Sukhmoy Chakraborty |
| D. | none |
| Answer» A. Harrod-Domar Model | |
| 774. |
Which one of the following programs has been implemented to establish girls’ schools in the districts having low female literacy rate? |
| A. | Kasturba Gandhi Education Scheme (KGES)l |
| B. | Indira Gandhi Education Scheme (IGES) |
| C. | Mother Teresa Education Scheme (MTES) |
| D. | none |
| Answer» A. Kasturba Gandhi Education Scheme (KGES)l | |
| 775. |
In terms of total trade (export + import), which among the following is the largest trading partner of India? |
| A. | U.S. |
| B. | China |
| C. | U.K. |
| D. | none |
| Answer» B. China | |
| 776. |
A Closed economy means: |
| A. | Money supply is controlled |
| B. | Digital financing take place |
| C. | Neither exports nor imports |
| D. | none |
| Answer» C. Neither exports nor imports | |
| 777. |
What is Literacy rate |
| A. | Number of illiterate persons to total populations |
| B. | Number of graduate peoples to total population |
| C. | Number of literate persons to total population |
| D. | none |
| Answer» C. Number of literate persons to total population | |
| 778. |
Measuring number of people who die is |
| A. | Infant note |
| B. | Migration Note |
| C. | Morality rate |
| D. | none |
| Answer» C. Morality rate | |
| 779. |
The vicious circle theory states that |
| A. | growing government assistance create addiction to welfare programs. |
| B. | low income levels create pressure for money creation. |
| C. | low income levels create pressure for cheap imports. |
| D. | low per capita income creates low savings that keep incomes low |
| Answer» D. low per capita income creates low savings that keep incomes low | |
| 780. |
The rate of growth of an economy mainly depends upon: |
| A. | The rate of growth of the labour force |
| B. | The proportion of national income saved and invested |
| C. | The rate of technological improvements |
| D. | All of the above |
| Answer» D. All of the above | |
| 781. |
With economic growth, the proportion of labour-force engaged in agriculture: |
| A. | Increases |
| B. | Decreases |
| C. | Remains unaffected |
| D. | Changes in an uncertain manner |
| Answer» B. Decreases | |
| 782. |
The Gini coefficient is a technique frequently used to show: |
| A. | variations in life expectancy |
| B. | income inequality |
| C. | differences in infant mortality |
| D. | the education gap |
| Answer» B. income inequality | |
| 783. |
Disguised unemployment means: |
| A. | Unemployment in agriculture |
| B. | Unemployment due to recession |
| C. | Unemployment due to downturn in business activity |
| D. | Marginal Productivity of Labour (MPL) is zero. |
| Answer» D. Marginal Productivity of Labour (MPL) is zero. | |
| 784. |
During the recessionary phase of a business cycle: |
| A. | The natural rate of unemployment will increase dramatically |
| B. | Potential national income will exceed actual national income |
| C. | Actual national income will exceed potential national income |
| D. | The real rate of interest will exceed the nominal rate of interest. |
| Answer» A. The natural rate of unemployment will increase dramatically | |
| 785. |
India is passing through the phase of population: |
| A. | Explosion |
| B. | Control |
| C. | Stability |
| D. | None of the above |
| Answer» A. Explosion | |
| 786. |
If an economy is underdeveloped, it means: |
| A. | Agriculture is the main occupation |
| B. | Standard of living of people is low |
| C. | Production Techniques are backward and obsolete |
| D. | All of the above |
| Answer» D. All of the above | |
| 787. |
When and by whom was HDI introduced? |
| A. | In 1990 by UNDP |
| B. | In 1989 by World Bank |
| C. | In 1990 by UNO |
| D. | In 1989 by IMF |
| Answer» A. In 1990 by UNDP | |
| 788. |
Indicator of HDI is: |
| A. | Longevity |
| B. | Educational Attainment |
| C. | Standard of Living |
| D. | All of the above |
| Answer» D. All of the above | |
| 789. |
Which plan gave emphasis on removal of poverty for the first time? |
| A. | Fourth |
| B. | Fifth |
| C. | Sixth |
| D. | Seventh |
| Answer» B. Fifth | |
| 790. |
Which are the economic consequences of problem of poverty? |
| A. | increasing Unemployment |
| B. | Capital Deficiency |
| C. | Inadequate economic development |
| D. | All of the above |
| Answer» D. All of the above | |
| 791. |
What is the full form of IRDP? |
| A. | Integrated Rural Development Programme |
| B. | Intelligent Rural Development Programme |
| C. | Induced Rural Development Programme |
| D. | None of the above. |
| Answer» A. Integrated Rural Development Programme | |
| 792. |
What are the salient demographic features of India’s population? |
| A. | Growth rate of population |
| B. | Uneven distribution of population |
| C. | Age composition |
| D. | All of the above |
| Answer» D. All of the above | |
| 793. |
Having insufficient income to provide a minimum standard of living is |
| A. | Absolute poverty |
| B. | Relative poverty |
| C. | None |
| D. | none |
| Answer» A. Absolute poverty | |
| 794. |
In which among the following year was ‘liberalized industrial policy’ in India was announced for the first time? |
| A. | 1992 |
| B. | 1995 |
| C. | 1991 |
| D. | none |
| Answer» C. 1991 | |
| 795. |
"Zero Defect Zero Effect" slogan is related to which of the following scheme? |
| A. | Digital India |
| B. | Make in India |
| C. | Startup India |
| D. | Clean India mission |
| Answer» B. Make in India | |
| 796. |
After agriculture, --------------provides highest employment to the local & neighborhood residents. |
| A. | Cottage Industry |
| B. | Rural Industry |
| C. | Small scale sector |
| D. | none |
| Answer» C. Small scale sector | |
| 797. |
Parallel economy emerges due to |
| A. | Tax avoidance |
| B. | tax evasion |
| C. | tax abiding |
| D. | none |
| Answer» B. tax evasion | |
| 798. |
What was the main theme of the 12th five-year plan of India |
| A. | Faster and more inclusive growth |
| B. | Faster, more inclusive and sustainable growth |
| C. | Growth with justice and equity |
| D. | Sustainable Development. |
| Answer» B. Faster, more inclusive and sustainable growth | |
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