MCQs
Total Questions : 10
Question 1.
Indian poverty is said to be predominantly rural. Yet the problem of urban poverty appears to have reached unmanageable proportions. The paradox is explained by:
1. greater visibility of urban poverty
2. migration of rural population to urban areas
3. seasonality of agricultural operations
4. the cycle of drought and floods
Answer: Option B. ->
I & II
:
B
:
B
(b)
Answer: Option A. ->
BalwantRai Mehta Committee
:
A
:
A
(a)
Answer: Option A. ->
Domestic production not able to meet the demand
:
A
:
A
(a)
Answer: Option D. ->
Real wages of unskilled workers increased.
:
D
:
D
(d)
Answer: Option B. ->
to make 'Made in India' a label of quality
:
B
:
B
(b)
Answer: Option D. ->
I and III
:
D
:
D
(d)
Question 7.
The New Economic Policy (1991) was launched in the background of the following economic indicators:
1. India's foreign exchange reserves had fallen to US$1 billion.
2. The fall of the Soviet Union had deprived India of almost a quarter of its export market.
3. There was negative growth in real GDP.
4. Indian rupee had to be devalued by 45 per cent,
Answer: Option C. ->
I and II only
:
C
:
C
(c)
Answer: Option D. ->
Consolidation of holdings
:
D
:
D
(d)
Answer: Option C. ->
Decide on allocation among the states
:
C
:
C
(c)
Answer: Option C. ->
erosion in the value of savings as a result of inflation
:
C
:
C
(c)