
21. In the gone-by decade of the 90s, the highest rate of growth of GDP was obtained in which of the following years:
1993-94
1995-96
1996-97
1999-2000
22. Which one of the following forms the largest share of the deficit in Government of India budget?
Primary deficit
Fiscal deficit
Revenue deficit
Budgetary deficit
23. Mixed economy means:
Where agriculture and industry are given equal importance
Where public sector exists along with heavy dose of swadeshi in national economy.
Where globalisation is transferred with heavy dose of swadeshi in national economy.
Where the Centre and States are equal partners in economic planning and development.
24. The Apex Body to finance agriculture in India is
Reserve Bank of India
NABARD
Cooperative Societies
Government of India
25. A labour-intensive industry is the one that
requires hard manual labour
pays adequate wages to the labour
employs more hands
provides facilities to labour
26. If a complete ship is hired, the shipping company issues
Shipping Order
Charter Party
Bill of Entry
Railway Receipt
27. The tax on import and export is known as
Income Tax
Trade Tax
Customs Duty
None of these
28. The importance of agriculture in the Indian economy is indicated by its contribution to which of the following?
National income and employment
Industrial development and international trade
Supply of food grains
All of these
29. In India, planned economy is based on
Gandhian System
Socialist System
Capitalist System
Mixed Economy System
30. Reason for low productivity in Indian agriculture is
engagement of more persons in agricultural operations than needed
small land holdings
backward technique of production
All of these
31. In which of the following years foodgrain production had a negative growth rate?
2001-02
2003-04
2004-05
2005-06
32. The word “Actuaries” is related to
banking
insurance
share market
None of these
33. Market in gilt-edge is related to trade in
metals
debentures
Government securities
arms
34. Select with the help of the codes given below, the components of Green Revolution: 1. High-yielding variety seeds 2. Irrigation 3. Rural Electrification 4. Rural roads and marketing Codes:
1 and 2 only
1, 2 and 3 only
1, 2 and 4 only
All the four
35. Which states of India have derived maximum benefits from green revolution?
Bihar, West Bengal and Assam
Rajasthan, Gujarat and Maharashtra
Punjab, Haryana & Western U.P.
Tamil Nadu, Andhra Pradesh and Kerala
36. Which one of the following agriculture practices is ecofriendly?
Cultivation of high-yielding varieties
Growing plants in glass houses
Shifting cultivation
Organic farming
37. Base year for estimation of Gross Domestic Product at constant prices in India, at present, is
1999–2000
2000–2001
2002–2003
2006–2007
38. The largest item of public expenditure in the Union Budget in recent years has been
Defence expenditure
Interest payments
Major subsidies
Capital expenditure
39. Planning was considered a prerequisite 1. for balanced socio-economic development 2. for extending the benefits of development in an even manner 3. for focussing on removal of regional disparities 4. for maximising the utilisation of available resources Select the correct answer from the codes given below: Codes:
1 and 2
1, 2 and 3
2, 3 and 4
All the four
40. About one-third of India’s cattle population is found in three states. They are
Bihar, Maharashtra and Uttar Pradesh.
Madhya Pradesh, West Bengal and Uttara Pradesh.
Punjab, Orissa and Rajasthan.
Andhra Pradesh, Karnataka and Rajasthan.
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