The 'National Sample Survey' collects data on: MCQ with Answer and Explanation

The 'National Sample Survey' collects data on:
A. only prices
B. only government expenditure
C. only foreign trade
D. household consumption, employment and other socio-economic characteristics
Answer: Option D
Solution (By JKSSB Mock Tests)
NSS collects data on household consumption, employment and socio-economic indicators.

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Practice More Economy Set 1 Questions

Question #1
The 'Indian labour market' is characterized by a large share of employment in:
A. organized sector
B. public sector
C. unorganized sector
D. foreign companies

Correct Answer: Option C


Explanation:
A large share of Indian employment is in the unorganized sector.

This question belongs to: Economy GK Economy Set 1
Question #2
In the context of development economics, the 'Big Push' theory emphasises:
A. Only agricultural investment
B. Gradual and small investments in all sectors
C. The need for a coordinated large-scale investment to overcome complementarities and indivisibilities
D. Complete reliance on market forces without coordination

Correct Answer: Option C


Explanation:
The Big Push argument, associated with Rosenstein-Rodan, stresses that simultaneous large investments in many sectors may be necessary to make industrialisation profitable when demand complementarities and infrastructure indivisibilities exist.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Agricultural and Processed Food Products Export Development Authority' promotes exports of:
A. textiles
B. machinery
C. petroleum products
D. agricultural and processed food products

Correct Answer: Option D


Explanation:
APEDA promotes exports of agricultural and processed food products.

This question belongs to: Economy GK Economy Set 1