QUESTIONS ON ECONOMY
(01)
The main functions of NITI Aayog does not include
[A] Monitoring and evaluation of programmed and
initiatives
[B] Developing mechanisms to formulate credible plans at
village level
[C] Disbursal of funds to central ministries and state
governments
[D] Fostering co-operative federalism and designing
strategic policy
Ans: [C]
(02)
The term demographic dividend refers to
[A] decline in population
[B] increase in working class
[C] decline in birth rate
[D] decline in fertility rate
Ans: [B]
(03)
The largest share of energy is consumed by
[A] Agriculture
[B] Rural power supply
[C] Urban power supply
[D] Industry
Ans: [D]
(04)
The planning commission of India was changed as NITI
AAYOG in ______.
[A] March, 2015
[B] January, 2015
[C] December, 2015
[D] April, 2015
Ans: [B]
(05)
The LPG model of development was introduced in _______ by
the Finance Minister ________.
[A] 1991, Dr. Manmohan Singh
[B] 1995, Shri. Pranab Muharji
[C] 2000, Shri. P. Chidambaram
[D] 2010, Shri. Yaswant Singa
Ans: [A]
(06)
The Lorenz curve is a measure of
[A] poverty
[B] income inequalities
[C] inflation rate
[D] tax structure
Ans: [B]
(07)
In an open economy, GDP is the sum of
[A] Consumption, gross investment, government spending
and net exports
[B] Consumption, net investment, government spending and
net export
[C] Consumption, gross investment, government spending
and gross exports
[D] Wages, rent, interest, profit and depreciation
Ans: [A]
(08)
The minimum support prices are a means of supporting the
[A] farmers
[B] consumers
[C] industries
[D] retailers
Ans: [A]
(09)
Which one of the following is an indirect tax?
[A] Income tax
[B] Service tax
[C] Corporation tax
[D] Interest tax
Ans: [B]
(10)
India's Human Development Index HDI in 2011 was better
than that of
I. China
II. Srilanka
III. Bangladesh
IV. South Africa
[A] I, II, III, IV
[B] III, IV
[C] III
[D] II, III, IV
Ans: [C]
(11)
The Indian Government gets _________ percent of India's
total energy needs are met through imports.
[A] 30 percent
[B] 40 percent
[C] 20 percent
[D] 35 percent
Ans: [B]
Explanation: - 11th Five Year Plan report of
Ministry of Petroleum says it as 30%. NITI Aayog Report (2015) says it as 38% {Lady
Luck lies between [A] or [B]}
(12)
The GATT was biased in favour of the developed countries
and was called informally
[A] Rich men's club
[B] League of nation
[C] WTO
[D] Axis nation
Ans: [A]
No comments:
Post a Comment