Development Test

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Development Test - 28

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Weekly Quiz Competition

Question 1
1 / -0

Iron ore mining companies are expanding into the deep forests of Orissa where native populations of indigenous people have lived off the land for many centuries. In order to resolve the growing conflicts between the natives and the mining companies, they have been urged by the Government officials to bring together all of the interested parties. The mining company operations in the forest will likely lead to loss of ecosystem services, such as:

A
the depletion of iron ore from the ground

B
the shift from logging to mining

C
sources of freshwater

D
the construction of new roads

Solution

Freshwater is found deep inside the ground in areas of dense vegetation and forests the mining of iron are requires digging deep inside the ground and in the process many such freshwater channels get disturbed ultimately leading to their depletion. The iron are would not be depleted. Construction of new reads is not an ecosystem service.
Question 2
1 / -0

Consider the following statements:
1. Central warehousing corporation is responsible for the construction and running of the godowns for storage of agriculture products.
2. Central warehousing corporation of India was established in 1957.
Which of the statements given above is/are correct?

A
1 only

B
2 only

C
Both 1 and 2

D
Neither 1 nor 2

Solution

CWC is a Warehousing Agency in India, established in 1957. It provides logistics support to the agricultural sector. CWC is operating 464 Warehouse across the country with a storage capacity of 10.54 million tonnes providing warehousing services for a wide range of products ranging from agricultural produce to sophisticated industrial products.
Question 3
1 / -0

Which of the following statements are correct?
1. The global economy relied on oil for much of the 20th century as a portable and indispensable fuel.
2. The immense wealth associated with oil generates political struggles to control it.
3. History of petroleum is also the history of war and struggle.
4. Nowhere is this more obviously the case of war and struggle than in West Asia and Central America.
Select the correct answer using the codes given below

A
1, 2, 3 and 4

B
2 and 4

C
1 and 3

D
1, 2 and 3
Question 4
1 / -0

The International Development Association, a lending agency is administered by the

A
IBRD

B
IFAD

C
UNDP

D
UNIDO
Question 5
1 / -0

Consider the following countries:
1. Brazil
2. Mexico
3. South Africa
According to UNCTAD, Which of the above is/are categorized as "Emerging Economies"

A
1 only

B
1 and 3 only

C
2 and 3 only

D
1, 2 and 3
Question 6
1 / -0

Forward and backward linkages were propounded by

A
Gunnar Myrdal

B
Hirschman

C
Boeke

D
Leibenstein

Solution

Hirschman introduces the concept of backward and forward linkages. A forward linkage is created when investment in a particular project encourages investment in subsequent stages of production. A backward linkage is created when a project encourages investment in facilities that enable the project to succeed. Normally, projects create both forward and backward linkages. Investment should be made in those projects that have the greatest total number of linkages. Projects with many linkages will vary from country;knowledge about project linkages can be obtained through input and output studies.
Question 7
1 / -0

The Gandhiyan economy is based on the principle of

A
Competition

B
Trusteeship

C
State Control

D
None of these
Question 8
1 / -0

Which one of the following is correctly matched?

A
Kospi Index : South Korea

B
TSEC Weighted Index : Thailand

C
SET Index : China

D
All of the above

Solution

The Korea Composite Stock Price Index or KOSPI is the stock Exchange of South Korea. KOSPI was introduced in 1983 with the base value of 100.
TSEC - Taiwan Stock Exchange corporation.
SET Index - Stock Exchange of Thailand.
Question 9
1 / -0

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 maximizing the utilization of available resources.
Select the correct answer from the codes given below:

A
1 and 2

B
1, 2 and 3

C
2, 3 and 4

D
All the four
Question 10
1 / -0

Which of the following was/were the feature(s) of Lenin's New Economic policy (NEP) for the Soviet Union?
1. Private retail trading was strictly forbidden
2. Private enterprise was strictly forbidden
3. Peasants were not allowed to sell their surplus
4.To secure liquid capital concessions were allowed to foreign capitalists, but the state retained the option of purchasing the products of such concerns
Select the correct answer using the code given below:

A
1 only

B
2 and 3

C
1, 2 and 4

D
4 only

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Re-Attempt Weekly Quiz Competition

Development Test - 28

Result

Development Test - 28

Score

-

Rank

-

SHARING IS CARING

Question 1

the depletion of iron ore from the ground

the shift from logging to mining

sources of freshwater

the construction of new roads

Solution

Question 2

1 only

2 only

Both 1 and 2

Neither 1 nor 2

Solution

Question 3

1, 2, 3 and 4

2 and 4

1 and 3

1, 2 and 3

Question 4

IBRD

IFAD

UNDP

UNIDO

Question 5

1 only

1 and 3 only

2 and 3 only

1, 2 and 3

Question 6

Gunnar Myrdal

Hirschman

Boeke

Leibenstein

Solution

Question 7

Competition

Trusteeship

State Control

None of these

Question 8

Kospi Index : South Korea

TSEC Weighted Index : Thailand

SET Index : China

All of the above

Solution

Question 9

1 and 2

1, 2 and 3

2, 3 and 4

All the four

Question 10

1 only

2 and 3

1, 2 and 4

4 only

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