MCQs
Total Questions : 112
| Page 6 of 12 pages
Answer: Option A. -> Wheat, Potato, Sugarcane
Answer: (a)
Answer: (a)
Answer: Option C. -> more fertilizer and more water
Answer: (c)
Answer: (c)
Answer: Option D. -> items purchased for conspicuous consumption
Answer: (d)
Answer: (d)
Answer: Option C. -> All of the above
Answer: (c)
Answer: (c)
Answer: Option B. -> 4 3 2 1
Answer: (b)
Answer: (b)
Answer: Option D. -> Agricultural marketing
Answer: (d)
Answer: (d)
Answer: Option A. -> There is capital formation in the country
Answer: (a)
Investment in the economy means production of capital goods. When the economy produces all consumption goods and no capital goods (investment) then its GDP shall remain constant i.e. it will not grow.
But till the time there is a net production of capital goods i.e. investment in the economy, the production of goods and services (GDP) will keep on increasing.
Capital formation means production of capital goods. So, if there is capital formation, it will necessarily lead to increasing in GDP i.e. economic growth.
Answer: (a)
Investment in the economy means production of capital goods. When the economy produces all consumption goods and no capital goods (investment) then its GDP shall remain constant i.e. it will not grow.
But till the time there is a net production of capital goods i.e. investment in the economy, the production of goods and services (GDP) will keep on increasing.
Capital formation means production of capital goods. So, if there is capital formation, it will necessarily lead to increasing in GDP i.e. economic growth.
Answer: Option C. -> Wheat
Answer: (c)
Answer: (c)
Question 59. Which of the following are the objectives of the commission for Agricultural costs and prices (CACP)?
- To stabilise agricultural prices.
- To ensure meaningful real income levels to the farmers.
- To protect the interest of the consumers by providing essential agricultural commodities at reasonable rates though public distribution system.
- To ensure maximum price for the farmer.
Answer: Option B. -> 1, 2 and 3
Answer: (b)
Answer: (b)
Answer: Option B. -> (ii) only
Answer: (b)
India’s services exports are around 7.7% of GDP in 2018-19, while merchandise exports are around 12.1% of GDP.
India’s services imports are around 4.6% of GDP in 2018-19. India’s services trade has been consistently in surplus for the last decade.
Refer the Trends
Answer: (b)
India’s services exports are around 7.7% of GDP in 2018-19, while merchandise exports are around 12.1% of GDP.
India’s services imports are around 4.6% of GDP in 2018-19. India’s services trade has been consistently in surplus for the last decade.
Refer the Trends