Economics set 2 MCQs

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Showing 342 questions
Q.61 In the context of the Indian census, what is the definition of the literacy percentage?
A The percentage of people who can read and write in English
B The percentage of people who can perform basic arithmetic calculations
C The percentage of people aged seven and above, who can read and write in any language
D The percentage of people with a college degree
Discuss / Board
Q.62 Which of the following is the least populous state of India as per 2011 census?
A Goa
B Assam
C Sikkim
D Meghalaya
Discuss / Board
Q.63 Which crops were primarily involved in the Green Revolution in India through the use of high-yielding variety (HYV) seeds?
A Pulses and oilseeds
B Wheat and rice
C Cotton and jute
D Fruits and vegetables
Discuss / Board
Q.64 Which institution was established in 2015, in the place of Planning commission of India?
A SEBI
B RBI
C NABARD
D NITI Aayog
Discuss / Board
Q.65 Which of the following is the time period of the First Five year Plan?
A 1956 −1961
B 1951-1956
C 1961-1966
D 1966-1969
Discuss / Board
Q.66 According to census of India 2011, Least Literate State of India among the given option is:
A Assam
B Bihar
C Arunachal Pradesh
D Himachal Pradesh
Discuss / Board
Q.67 The concept of microfinance is primarily aimed at providing financial services to:
A Large corporations
B Government agencies
C Foreign investors
D Low-income individuals and small businesses
Discuss / Board
Q.68 The Five-Year Plans were formulated, implemented and regulated by a body known as the Commission.
A Senior
B Planning
C Sectional
D Annual
Discuss / Board
Q.69 Which of the following is the reason for unemployment?
A Slow population growth
B Fast economic growth
C Good education system
D Large migration to a particular area
Discuss / Board
Q.70 remained the mainstay of the Green Revolution for years in India.
A Cotton
B Leafy Vegetable
C Pulses
D Wheat
Discuss / Board
Q.71 Who coined the term 'Evergreen Revolution' to increase agriculture production in India?
A R.V.Rao
B Ram Manohar Lohiya
C M.S.Swaminathan
D Mahatma Gandhi
Discuss / Board
Q.72 What was the female literacy rate in India according to the Census of India 2011?
A 39.3%
B 74.04%
C 65.46%
D 82.8%
Discuss / Board
Q.73 Who is widely regarded as the 'Father of Modern Economics' and authored 'The Wealth of Nations'?
A Karl Marx
B Daniel Kahneman
C Adam Smith
D Alfred Marshall
Discuss / Board
Q.74 In which year was the Reserve Bank of India (RBI) officially established?
A 1933
B 1931
C 1935
D 1937
Discuss / Board
Q.75 HYVS in case of green revolution, stands for:
A Highest Yield Varying Soil
B High Yielding Variety Seeds
C High Yielding Vitcher Soil
D High Yield vary seeds
Discuss / Board
Q.76 Given among the options, is a state/UT with highest literacy rate(census 2011).
A Rajasthan
B Goa
C Bihar
D Lakshadweep
Discuss / Board
Q.77 Read the following statements about the Green Revolution in India: A) It led to a substantial increase in agricultural production. B) It heavily utilized HYV seeds.
A Only B
B Only A
C Neither A nor B
D Both A and B
Discuss / Board
Q.78 According to the 2011 census of India, the literacy rate in India is percent.
A 74.04
B 54.04
C 94.04
D 62.99
Discuss / Board
Q.79 The Green revolution started in the year 1965 and the five-year plan of India was between 1961-66.
A third
B second
C first
D fourth
Discuss / Board
Q.80 Read the following about the impact of Green Revolution in India: A) It benefited all regions equally. B) It led to food self-sufficiency.
A Only B
B Both A and B
C Neither A nor B
D Only A
Discuss / Board
Q.81 The first five year plan of India was based on ………
A Harrod-Domar Model
B Gadgil Yojna
C Mahalanobis Plan
D Nehru Model
Discuss / Board
Q.82 Read the following about Green Revolution: A) It increased pesticide use. B) It required better irrigation facilities.
A Neither A nor B
B Both A and B
C Only B
D Only A
Discuss / Board
Q.83 The Gross Domestic Product of a country is derived from the different sectors of the economy, namely .
A agricultural sector, and the industrial sector only
B rural and urban sectors
C commercial and trading sector
D agricultural sector, the industrial sector and the service sector
Discuss / Board
Q.84 Which body in India is responsible for safeguarding and promoting the rights of consumers and ensuring consumer protection?
A National Commission for Women (NCW)
B Central Bureau of Investigation (CBI)
C National Human Rights Commission (NHRC)
D National Consumer Disputes Redressal Commission (NCDRC)
Discuss / Board
Q.85 Which of the following is function of the Reserve Bank of India? I. Issuing of currency II. Lender of last resort
A Neither I nor II
B Both I and II
C Only I
D Only II
Discuss / Board
Q.86 The Second Five year Plan stressed rapid industrialization and the public sector. It was drafted and planned under the leadership of .
A P.C Mahalanobis
B Subramanian Swami
C KV Sundaram
D C.Rajgopalachari
Discuss / Board
Q.87 According to Census 2011, which of the following North-Eastern states have the highest literacy rate?
A Nagaland
B Assam
C Mizoram
D Manipur
Discuss / Board
Q.88 Various Industrialists came together in 1944 and drafted a joint proposal for setting up a planned economy in India. It is famously known as the Plan.
A Bombay
B Pune
C Agra
D New Delhi
Discuss / Board
Q.89 In economics, the term 'M1' is most commonly used as a measure of:
A Money
B Product
C Planning
D Budget
Discuss / Board
Q.90 Around which of the following year did the Green Revolution begin in India?
A 1966
B 1955
C 1948
D 1978
Discuss / Board

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