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Lifelines of National Economy Test - 3

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Lifelines of National Economy Test - 3
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Weekly Quiz Competition
  • Question 1
    1 / -0

    Which mode of transportation reduces transshipment losses and delays?

    Solution

    In the past, .pipelines were used to transport water to cities and industries.
    Now, these are used for transporting crude oil, petroleum products and natural gas from oil and natural gas fields to refineries, fertilizer factories and big thermal power plants.
    olids can also be transported through a pipeline when converted into slurry.
    Initial cost of laying pipelines is high but subsequent running costs are minimal. It rules out trans-shipment losses or delays.

  • Question 2
    1 / -0

    Which was the first port developed soon after Independence, after the loss of the Karachi port to Pakistan?

    Solution

    Kandla in Kuchchh was the first port developed soon after Independence to ease the volume of trade on the Mumbai port, in the wake of loss of Karachi port to Pakistan after the Partition.
    Kandla is a tidal port. It caters to the convenient handling of exports and imports

  • Question 3
    1 / -0

    Which is the cheapest mode of transport?

    Solution

    Waterways are the cheapest means of transport.
    They are most suitable for carrying heavy and bulky goods.
    It is a fuel-efficient and environment friendly mode of transport

  • Question 4
    1 / -0

    Which of the following ports is the deepest landlocked and well-protected port on the east coast of India?

    Solution

    Vishakhapatnam is the deepest landlocked and well-protected port.
    This port was, originally, conceived as an outlet for iron ore exports.

  • Question 5
    1 / -0

    When was air transport nationalised in India?

    Solution

    The air transport was nationalised in 1953.

  • Question 6
    1 / -0

    What is considered as the economic barometer for a country?

    Solution

    Advancement of international trade of a country is an index to its economic prosperity.
    It is also considered the economic barometer for a country.

  • Question 7
    1 / -0

    When the value of exports exceeds the value of imports, it is called:

    Solution

    When the value of export exceeds the value of imports, it is called a favourable balance of trade.
    On the contraryif the value of imports exceeds the value of exports, it is termed as unfavourable balance of trade.

  • Question 8
    1 / -0

    In which language does the All India Radio not broadcast its various programmes?

    Solution

    All India Radio (Akashwani) broadcasts a variety of programmes in national, regional and local languages for various categories of people, spread over different parts of the country.
    It does not broadcast in international languages.

  • Question 9
    1 / -0

    The Indian railways is now reorganised into:

    Solution

    The Indian Railway is now reorganised into 16 zones.
    The distribution pattern of the Railway network in the country has been largely influenced by physiographic, economic and administrative factors.

  • Question 10
    1 / -0

    Which is the largest public sector undertaking in India?

    Solution

    The Indian Railways is the largest public sector undertaking in the country

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