MCQs
Total Questions : 150
| Page 2 of 15 pages
Answer: Option B. -> International Bank of Reconstruction and Development
Answer: (b)
Answer: (b)
Answer: Option A. -> Constant prices
Answer: (a)
Answer: (a)
Answer: Option A. -> 1 and 2
Answer: (a)Agriculture labourers in India are mainly dominated by the backward classes and more than 85% agriculture workers are manly casual labourers.
Answer: (a)Agriculture labourers in India are mainly dominated by the backward classes and more than 85% agriculture workers are manly casual labourers.
Question 14. In India, rural incomes are generally lower than urban incomes. Which of the following reasons account for this?
- A large number of farmers are illiterate and know little about scientific agriculture.
- Prices of primary products are lower than those of manufactured products.
- Investment in agriculture has been lower when compared to investment in the industry
Answer: Option B. -> 1, 2 and 3
Answer: (b)
In India, a large number of farmers are illiterate and know little about scientific-agriculture methods. Prices of primary products are lower than those of manufactured products and investment in agriculture has been lower when compared to investment in the industry.
All these reasons are responsible for lower rural income.
Answer: (b)
In India, a large number of farmers are illiterate and know little about scientific-agriculture methods. Prices of primary products are lower than those of manufactured products and investment in agriculture has been lower when compared to investment in the industry.
All these reasons are responsible for lower rural income.
Answer: Option B. -> Domestic product + Net factor income from abroad
Answer: (b)National product at factor cost is equal to net domestic product at factor cost+ Net factor Income from Abroad.
Answer: (b)National product at factor cost is equal to net domestic product at factor cost+ Net factor Income from Abroad.
Answer: Option A. -> private property and inheritance
Answer: (a)In free economy, inequalities in income is due to private property and inheritance. Economic Inequality is the difference found in various measure of economic well being among individual in a group, or among countries.
Answer: (a)In free economy, inequalities in income is due to private property and inheritance. Economic Inequality is the difference found in various measure of economic well being among individual in a group, or among countries.
Answer: Option D. -> Gross National Product at market price minus depreciation and indirect tax plus subsidies
Answer: (d)
Answer: (d)
Answer: Option C. -> growth in food expenditure has been lower than growth in per capita income
Answer: (c)Share of food in total consumption expenditure has been coming down as per capita income grew over time in last sixty years because growth in food per capita income expenditure has been lower than growth in other.
Answer: (c)Share of food in total consumption expenditure has been coming down as per capita income grew over time in last sixty years because growth in food per capita income expenditure has been lower than growth in other.
Question 19. Consider the following statements:
- Agriculture including allied activities accounted for about 55% employment in the country according to census 2011.
- The growth in agriculture and allied sectors is a necessary condition for inclusive growth in India.
Answer: Option A. -> 1 and 2
Answer: (a)The growth in agriculture and allied sectors is a necessary condition for inclusive growth in India. Agriculture including allied activities accounted for about 55% employment in the country according to census 2011.
Answer: (a)The growth in agriculture and allied sectors is a necessary condition for inclusive growth in India. Agriculture including allied activities accounted for about 55% employment in the country according to census 2011.
Answer: Option A. -> Puducherry – Mizoram – Chandigarh – Sikkim
Answer: (a)
Puducherry has a population of 1247953,
Mizoram 1097206,
Chandigarh 1055450 and
Sikkim has a population of 610577.
Answer: (a)
Puducherry has a population of 1247953,
Mizoram 1097206,
Chandigarh 1055450 and
Sikkim has a population of 610577.