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MCQs

Total Questions : 10
Question 1.


India has recorded a positive balance of payment on current account in recent years. Which of the following can be a possible explanation for this?


  1.     Strong software exports;
  2.     Healthy flow of remittances;
  3.     Contraction in imports;
  4.     All the above
 Discuss Question
Answer: Option D. -> All the above
:
D


Option: (d)


Question 2.


Who among the following is the Chairperson of the 13th Finance Commission?


  1.     Dr. C Rangarajan
  2.     Dr. Vijay Kelkar
  3.     Dr. Y.V.Reddy
  4.     Dr. S.Acharya
 Discuss Question
Answer: Option B. -> Dr. Vijay Kelkar
:
B


Option: (b)


Question 3.


Among the tax revenues of the union government, the most important source is:


  1.     Income Tax
  2.     Corporation Tax
  3.     Union Excise Duties
  4.     Customs Duty
 Discuss Question
Answer: Option C. -> Union Excise Duties
:
C


Option: (c)


Question 4.


The long-term objective of National Population Policy (NPP) 2000 is to:


  1.     address the unmet needs for contraception;
  2.     bring the Total Fertility Rate (TFR) to replacement levels;
  3.     cover the entire population in the reproductive age with contraceptive and health care;
  4.     achieve a stable population at a level consistent with the requirement of sustainable economic growth.
 Discuss Question
Answer: Option D. -> achieve a stable population at a level consistent with the requirement of sustainable economic growth.
:
D


Option: (d)


Question 5.


Which of the following pairs is not correctly matched?


  1.     High economic development and poor human development- Rajasthan
  2.     High human development and low economic development- Kerala
  3.     Medium economic and human development- West Bengal
  4.     Poor economic and human development- Tamil Nadu
 Discuss Question
Answer: Option D. -> Poor economic and human development- Tamil Nadu
:
D


Option: (d)


Question 6.


The concept of Total Fertility Rate (TFR) in population means:


  1.     the average number of children born to a woman during her lifetime;
  2.     the average number of children born to an adult male during his lifetime;
  3.     the average number of children born in a family;
  4.     the average rate of growth of population.
 Discuss Question
Answer: Option A. -> the average number of children born to a woman during her lifetime;
:
A


Options: (a)


Question 7.


According to the Reserve Bank of India Credit and Monetary Policy, the rate of increase in the Minimum Support Price (MSP) of food grains has been more than that of the rate of inflation. This would mean that


  1.     inflation will be more than the price of food grains
  2.     there will be an increase in the availability of food grains
  3.     increase in the price of food grains will be more than proportionate to the rate of inflation
  4.     there will be a reduction in the open market price of food grains
 Discuss Question
Answer: Option C. -> increase in the price of food grains will be more than proportionate to the rate of inflation
:
C


Option: (c)


Question 8.


Which among the following is not one of the missions announced by the Prime Minister as part of the action plan for sustainable development?


  1.     Solar energy
  2.     Water conservation
  3.     Family planning
  4.     Tree plantation
 Discuss Question
Answer: Option C. -> Family planning
:
C


Option: (c)


Question 9.


Consider the following statements regarding the National Agricultural Policy, 2000:
1. It seeks to promote sustainable agriculture.
2. Emphasis on the development of animal husbandry, poultry, dairying and aquaculture.
3. It accepts the need to tax farm incomes.
4. It recognizes women's rights in land.
Which of the statements given above are correct?


  1.     1 and 3
  2.     3 and 4
  3.     1,2 and 4
  4.     1,2, 3 and 4
 Discuss Question
Answer: Option C. -> 1,2 and 4
:
C


Option: (c)


Question 10.


The annual financial statement is laid before the two Houses of Parliament in accordance with:


  1.     Article 74
  2.     Article 112
  3.     Article 268
  4.     Article 370
 Discuss Question
Answer: Option B. -> Article 112
:
B


Option: (b)


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