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Indian Economy quiz -4

Indian Economy quiz -4

Indian Economy quiz -4

1.In Indian economy major contribution to primary sector comes from

a. Forestry and logging
b. Fishing
c. Commerce
d. Agriculture

Answer

2.Mixed economy is a compromise between

a. private and public sector
b. capitalism and communism
c. capitalism and socialism
d. commercial and individual business

Answer

3.In Indian planning the strategy of industrial development of prof. Mahalanobis was based on

a. the Russian experience
b. the experience of U.K
c. The policies followed by the American economy
d. Emphasis on agriculture

Answer

4.The aim of employment-oriented planning is

a. promoting capital intensive projects
b. promoting labor-inventive projects
c. increasing the activities in the agricultural sector
d. increasing the exports

Answer

5.poverty line means

a. the line of demarcation between the rich and poor
b. The lowest level in the ladder of economic prosperity
c. The stage at which there is a leveling down between the rich and the poor
d. The minimum level of per capita consumption expenditure

Answer

6.Drain theory is associated with

a. Gokhale
b. Gandhi
c. Nehru
d. Dadabhai Naoraji

Answer

7.Among the various causes of low income the most important one is

a. Market imperfection
b. Vicious circles
c. International forces
d. Inappropriate government policies

Answer

8.The maximum number of people in India work in

a. primary sector
b. secondary sector
c. the tertiary sector
d. none of the above

Answer

9.Planning may be defined as the conscious and deliberate choice of economic priorities by some public authority is view of

a. Barbar wooton
b. Prof. Durbin
c. Lionel Robbins
d. Charles Bettlenheim

Answer

10. The national employment act is based on which model

a. Employment guarantee scheme of maharashtra
b. Guptas model
c. Ahluwalia model
d. None of the above

Answer

11.In India colonial exploitation was in the form of

a. trade
b. economic drain
c. home charges
d. all the above

Answer

12.World development report classifies countries in

a. two categories
b. three categories
c. five categories
d. four categories

Answer

13.Voluntary unemployment refers to

a. labour preferring leisure to work
b. non availability of jobs
c. improper adjustment between demand and supply of labor
d. People seeking employment of their own accords

Answer

14.One of the problems in finding out national income in India is

a. one monetary consumption
b. tax evasion
c. inflation
d. conspicuous consumption

Answer

15. Estimates of national income in India are prepared by the

a. Planning commission
b. Ministry of finance
c. Central statistical organization
d. Reserve bank of India

Answer

16.A good method of providing employment to rural labor and utilizing it fully is through

a. Public works programmes
b. Agriculture
c. Rural industries
d. Cattle rearing

Answer

17.National income of a country is also known as

a. Gross national product
b. Gross domestic product
c. Net national product
d. Net Domestic product

Answer

18.The planning commission of India Under the constitution is

a. an advisory body
b. an executive body
c. an autonomous body
d. an department of the government

Answer

19.The economic development by the

a. rise in price of capital goods
b. increase in prices of essential commodities
c. greater capacity to produce goods and services besides increased production
d. rise in prices of consumers and capital goods

Answer

20. According to EGS scheme the beneficiary is

a. rural worker
b. rural poor
c. urban worker
d. urban poor

Answer

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