Q1.Human Development Index comprises literacy rates, life expectancy at birth
and
and
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21%
(a) GDP per head in the US dollars.
42%
(b) GDP per head at real purchasing power
13%
(c) GNP in US dollars
24%
(d) National Income per head in US dollars
Q2.National Income is the
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2%
(a) NNP at market price
57%
(b) NNP at factor cost
35%
(c) Net Domestic product at market price
7%
(d) Net domestic product at factor cost.
Q3.The ‘activity rate’ of an economy depends upon so many factors, such as :
1. School leaving age
2. Popularity of higher education 3. Social customs 4. Retirement age Code :
1. School leaving age
2. Popularity of higher education 3. Social customs 4. Retirement age Code :
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19%
(a) 1 and 2
16%
(b) 2 and 3
41%
(c) 2, 3 and 4
25%
(d) 1, 2, 3 and 4
Q4.The “Dual Economy” is a mixture of ?
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47%
(a) traditional agriculture sector and modern industrial sector
14%
(b) industrial sector and manufacturing sectors
23%
(c) state ownership of the means of production
12%
(d) industrial sector and trading of goods obtained through imports
5%
(e) None of these
Q5.Market Based economic climate means:
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51%
(a) All financial determinations are taken based mostly on the demand and provide forces
29%
(b) Some financial choice are taken by authorities and different are left to market forces
15%
(c) Government has full handle over the exclusive sector
5%
(d) Economic judgements are taken after maintaining in view the social welfare
Q1.In India, planned economy is based on?
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2%
(a) Gandhian system
30%
(b) Socialist system
13%
(c) Capitalist system
55%
(d) Mixed economy system
Q2.Which one of the following states was having the highest Human Development
Index in the year 2012?
Index in the year 2012?
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13%
(a) Assam
63%
(b) Kerala
17%
(c) Uttar Pradesh
7%
(d) Madhya Pradesh
Q3.Indian economy has witnessed highest growth rate in GDP in the year
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8%
(a) 2003 – 04
27%
(b) 2004 – 05
31%
(c) 2005 – 06
35%
(d) 2006 – 07
Q4.Which one of the following economists proposed the LPG model of economic
development in India?
development in India?
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4%
(a) Y.B. Reddy
12%
(b) K.V. Kamath
80%
(c) Manmohan Singh
4%
(d) None of these
Q5.Economic planning is in
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43%
(a) Union list
11%
(b) State list
31%
(c) Concurrent list
15%
(d) Not any specified list
Q1.The concept of Economic Planning in India is derived from which country?
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17%
(a) USA
11%
(b) UK
63%
(c) Russia
9%
(d) France
Q2.In which year was the 20 point economic programme was announced for the
very first time?
very first time?
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38%
(a) 1975
25%
(b) 2006
25%
(c) 1986
13%
(d) 1982
Q3. In the post-Independence period, economic reforms were first introduced in
India under :
India under :
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13%
(a) Janata Party Government (1977)
22%
(b) Indira Gandhi Government (1980)
13%
(c) Rajiv Gandhi Government (1985)
52%
(d) P.V. Narsimha Rao Government (1990)
Q4.Which of the following is not a feature of India’s economic planning?
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33%
(a) Limited centralisation
15%
(b) Democratic solution
40%
(c) Planning of imperative nature
13%
(d) Planning of indicative nature
Q5.Which of the following is true?
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22%
(a) Financial planning is more important than physical planning.
18%
(b) Physical planning is more important than financial planning.
33%
(c) Physical and financial planning are equally important
27%
(d) Physical and financial planning are complementary
Q1.Which one of the following is not included in the Agriculture and Allied
Services of Indian Economy?
Services of Indian Economy?
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7%
(a) Fishing
13%
(b) Forestry
46%
(c) Logging
33%
(d) Food Processing
Q2.Which sector is the backbone of Indian economy?
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25%
(a) Service Sector
16%
(b) Financial Sector
4%
(c) Tourism Sector
55%
(d) Agriculture Sector
Q3.The standard of living in a country is represented by its
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7%
(a) Poverty ratio
76%
(b) Per capita income
15%
(c) National income
2%
(d) Unemployment rate
Q4.Which one of the following is related with the Atkinson’s index of an economy
?
?
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25%
(a) A method to determine the income inequality
45%
(b) An effect of supply demand mismatch
30%
(c) A method to determine the unemployment
0%
(d) None of the above
Q5.Which one of the following countries has the highest percentage of the services
sector in the GDP of the country?
sector in the GDP of the country?
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67%
(a) United States
12%
(b) France
19%
(c) United Kingdom
3%
(d) Spain