Top 80+ Solved Natural Resources and Other Facts of Indian Economy MCQ Questions Answer
Q. Which of the following statements regarding Indian agriculture is correct?
a. It contributes nearly 25 per cent of the GDP
b. India has the least area in the world under pulse crops
c. The share of foodgrains in gross cropped area has increased since independence
d. Agriculture accounts for twenty per cent of India's exports
Q. Agricultural marketing in India has certain defects which do not include:
a. inadequate transport facilities
b. lack of standard measures and weights
c. agricultural produce not being properly graded
d. insufficient price incentives by the government
Q. The area under cultivation is declining fast in the case of:
a. cotton
b. sugarcane
c. jute
d. tea
Q. The book Wealth of Nations' was written by:
a. Eric Roll
b. J.M. Keynes
c. Adam Smith
d. Harold Laski
Q. Gadgil Formula refers to the allocation of:
a. market borrowings between the States
b. Central Plan assistance between the States
c. tax proceeds between the States
d. foreign aid between the Centre and States
Q. Who is regarded as the founder of the scientific Socialism? [NDA 1993]
a. Rousseau
b. Karl Marx
c. Engels
d. Lenin
Q. What is Laissez-faire? [I. Tax & Central Excise 1989]
a. Mixed economy
b. Controlled economy
c. Non-interference· of Government in economic affairs
d. None of these
Q. From the view of International economy, Third World implies:
a. the developed countries
b. the developing countries
c. block led by U.S.A., U.K. et
d. None of these
Q. World Bank is a body: [Asstt Grade 1994]
a. of non-official, generous individuals
b. that controls worldwide foreign exchange operations
c. of major banks operating in different countries
d. that gives aid to developing countries
Q. In which one of the following countries is Rupee its currency? [IAS 2003]
a. Bhutan
b. Malaysia
c. Maldives
d. Seychelles
Q. Which one of the following categories of workers is termed as cultivators? [CPO SI 2010]
a. Those who own land and cultivate
b. Those who lease in land and cultivate
c. Those who cultivate the land of others
d. Those who own land and lease in from others or institutions and cultivate
Q. Microfinance is the provision of financial services to people of low-income groups. This includes both the consumers and the self-employed. The service/services rendered under micro-finance is/are: 1. Credit facilities 2. Savings facilities 3. Insurance facilities 4. Fund Transfer facilities Select the correct answer using the codes given below the lists: [CSAT 2011]
a. 1 only
b. 1 and 4 only
c. 2 and 3 only
d. 1, 2, 3 and 4
Q. India is regarded as a country with "Demographic Dividend". This is due to [CSAT 2011]
a. Its high population in the age group below 15 years
b. Its high population in the age group of 15-64 years
c. Its high population in the age group above 65 years
d. Its high total population