Top 150+ Solved Indian and Global Economic Development MCQ Questions Answer
Q. Marginal land holding is when,
a. Owning less than one hectare of land
b. Owning less than 4 hectares of land
c. Owning less than 10 hectares of land
d. All of them are true
Q. Arrange in the right order the contribution of sectors to the GDP from highest tolowest.
a. Agriculture, manufacturing, tertiary
b. Agriculture, tertiary, manufacturing
c. Tertiary, manufacturing, agriculture
d. Manufacturing, tertiary, agriculture
Q. What are the real problems of the Indian agriculture?I. Dependence on Erratic Monsoon II. Low productivity III. Constraints of financial resources and indebtedness IV. Lack of land reforms V. Small land size and fragmentation of landholdings
a. I, II, III and IV only
b. II and IV only
c. III and V only
d. All
Q. What as the prime target of the first five-year plan of India?
a. Development of the industries
b. Development of Agriculture
c. Development of infrastructure
d. Development of ports
Q. Contribution of agriculture to Gross National Product is approximately?
a. 14%
b. 15%
c. 16.5%
d. 17.5%
Q. Which of the following is the commercial crop in India?
a. Mustard
b. tobacco
c. Jute
d. All of the above
Q. Who approves the Fair and Remunerative Price (FRP) of sugarcane?
a. Cabinet Committee on Economic Affairs
b. Commission for Agricultural Costs and Prices
c. Directorate of Marketing and Inspection, Ministry of Agriculture
d. Agricultural Produce Market Committee
Q. The Green Revolution in India was the outcome of the efforts of who amongst thefollowing?
a. M.S. Swaminathan
b. C. Rangrajan
c. K.V. Kamath
d. Rakesh Mohan
Q. Which of the following was not an objective of the 1956 industrial policy?
a. Development of cooperative sector
b. Expansion of public sector
c. Develop heavy and machine making industries
d. None of the above
Q. The most urgent problem which prompted the introduction of the New Economic Policyin 1991 was
a. Foreign exchange crisis
b. All of these
c. Poor performance of public sector
d. High tax rate leading to tax evasion
Q. Which of the following industries are to be given compulsory licensing?
a. Alcohol
b. Tobacco
c. Drugs and pharmaceuticals
d. All the above