Economics set 1 MCQs
Practice interactive objective questions for this topic. Select an option to instantly verify your answer and read detailed explanations.
Q.121
167 According to Census of India 2011, which district in India has the lowest literacy rate in India?
A
Rampur
B
Madhubani
C
Alirajpur
D
Aizwal
Q.122
Which group of states was concentrated in the cotton production in the early years to develop textile industry?
A
West Bengal and Odisha
B
Bihar and West Bengal
C
Maharashtra and Gujarat
D
Punjab and Haryana
Q.123
The Reserve Bank of India was fully nationalised and owned by the Government of India in which of the following years?
A
1949
B
1950
C
1947
D
1948
Q.124
According to the Census of India, who is considered a literate person?
A
Person aged eighteen and above, who can both read and write with understanding in any language
B
Person aged seven and above, who can both read and write with understanding in any language
C
Person aged five and above, who can both read and write with understanding in any language
D
Person aged fifteen and above, who can both read and write with understanding in any language
Q.125
What happens in case of market equilibrium: ((A) Market demand = market supply ((B) There is no excess supply in the market
A
Neither ((A) nor (b)
B
Only (a)
C
Both (A) and (B)
D
Only (b)
Q.126
Which of the following individuals was NOT associated with the Green Revolution in India?
A
MS Swaminathan
B
P Chidambaram
C
Norman Borlaug
D
Chidambaram Subramaniam
Q.127
What was the Child Sex Ratio in the country as per the Census of India 2011?
Q.128
What is a revenue deficit in the government budget?
A
The excess of expenditure over revenue, excluding interest payments on debt
B
The excess of revenue over expenditure, including interest payments on debt
C
The excess of revenue over expenditure, excluding interest payments on debt
D
The excess of expenditure over revenue, including interest payments on debt
Q.129
Which state emerged as the best governed state in the large states category as per the Public Affairs Index 2020?
A
Tamil Nadu
B
Andhra Pradesh
C
Kerala
D
Uttar Pradesh
Q.130
168 PC Mahalanobis is remembered as a major contributor of India's developmental path because he . (A)set up Indian Institutes of Management located in different parts of India (B)formulated the Second Five-Year Plan (C)was the first Minister of Statistics and Programme Implementation
A
Only (A) and ((C) are true
B
Only (A) and ((B) are true
C
Only (A) is true
D
Only (B) is true
Q.131
Mohammad Yunus established which of the following banks in 1983?
A
Indian Bank
B
Union Bank
C
State Bank
D
Grameen Bank
Q.132
In which year was Micro Units Development and Refinance Agency (MUDR(A) introduced?
A
2017
B
2013
C
2009
D
2015
Q.133
The results from an increase in the proportion of workers relative to non-workers in the population.
A
age structure of population
B
demographic dividend
C
population momentum
D
old-age dependency ratio
Q.134
Who is the founder of modern micro finance?
A
VKV Rao
B
Rangarajan
C
YV Reddy
D
Muhammad Yunus
Q.135
According to Census of India 2011, what was the sex ratio recorded in the Union Territory of Puducherry?
A
980 females /1000 males
B
1095 females/1000 males
C
1037 females/ 1000 males
D
890 females/ 1000 males
Q.136
Which cost is considered for calculating the national income in India?
A
Factor cost
B
Product cost
C
Market cost
D
Sunk cost
Q.137
According to the Census 2011 of India, which metropolitan has the second highest population?
A
Kolkata
B
Mumbai
C
Chennai
D
Delhi
Q.138
The relationship between which of the following is correct?
A
NDP at market price = GDP at market price + depreciation
B
Domestic income = NDP at market price + net indirect taxes
C
GDP at market price = price + quantity of final goods and services
D
National income = NDP at factor cost + net factor income from abroad
Q.139
Which of the following statements are true about the positive impact of the Green Revolution (GR) on yield levels in India? i. During the post GR period, the yield of rice grew at a much faster rate than that of wheat. ii. GR technology had penetrated more in wheat crop than in the rice crop. iii. During post GR period, the area under rice achieved a relatively slow growth when compared to the area under wheat.
A
Only ii and iii
B
i, ii and iii
C
Only i and ii
D
Only i and iii
Q.140
The velocity of circulation of money will be higher when the is less than the requirements of the economy.
A
velocity of money
B
elasticity of money
C
demand for money
D
supply of money
Q.141
How is the structure of health infrastructure and health care system in India?
A
Three-tier system
B
Four-tier system
C
Five-tier system
D
Two-tier system
Q.142
Which of the following districts of India has the highest literacy rate as per Census 2011?
A
Champhai
B
Serchhip
C
Idukki
D
Ernakulam 169
Q.143
What is the literacy rate of males in India as per the report published in the National Survey of India-2022?
A
83.4%
B
86.3%
C
84.7%
D
81.2%
Q.144
According to Census of India 2011, how many districts are there in India?
Q.145
Which of the following exchange rates is determined by the market forces of demand and supply?
A
Soft pegged exchange rate
B
Floating exchange rate
C
Fixed exchange rate
D
Hard pegged exchange rate
Q.146
Consider the following: Which of the following reasons may be considered as India's pull factors for migration? 1. Labour demand 2. Natural disaster 3. Protection of human and civil rights 4. High consumption and living standards
A
Only 2
B
Both 1 and 4
C
Only 2, 3 and 4
D
Only 1, 3 and 4
Q.147
Select the option that arranges the following states in descending order of population growth rate (Census 2011): (A) Kerala, (B) Uttar Pradesh, (C) Meghalaya.
A
C, B, A
B
A, B, C
C
C, A, B
D
B, C, A
Q.148
During 2015, in sector, Government of India had allowed about 49% of FDI.
A
education
B
defence
C
manufacture of medical devices
D
food products
Q.149
How might ICT enhance the openness of e-land records?
A
Enabling quick search and retrieval of land records
B
Enforcing strict regulations on land transactions
C
Facilitating manual record updates and amendments
D
Reducing the need for land surveys and assessments
Q.150
Which of the following is NOT a consequence of the Green Revolution?
A
Increase in agricultural production
B
Reduction in regional disparities
C
Increase in use of chemical fertilizers
D
Introduction of HYV seeds