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Weekly Quiz Competition
  • Question 1
    1 / -0

    ________ resources are those which get exhausted with extraction

  • Question 2
    1 / -0

    In 1965, Mao introduced the _____________ under which students and professionals were sent to work and learn from country side

    Solution

    Explanation:

    When Russian had conflict with China, it withdrew it's professionals who had earlier been sent to China to help in the industrialization process. Then, Mao introduced GPCR

     

  • Question 3
    1 / -0

    ____ has followed the classical development pattern of gradual shift from agriculture to manufacturing and then to services

    Solution

    Explanation:

    Although the central administration coordinated the economy and redistributed resources among regions when necessary, in practice most economic activity was very decentralized, and there was relatively little flow of goods and services between areas. About 75 percent of the grain grown in China, for instance, was consumed by the families that produced it. 

     

  • Question 4
    1 / -0

    According to UNO those countries are considered relative poor where per capita income is less than

    Solution

    Explanation:

    Per capita income or average income measures the average income earned perperson in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area's total income by its total population.

     

  • Question 5
    1 / -0

    The scheme provide healthy urban environment through community toilets

    Solution

    Explanation:

    VAMBAY stands for “Valmiki Ambedkar Aawas Yojna”. It is a  central govt. sponsored programme for the slum dwellers living in different towns and cities all over the country. Also it attempts to provide a healthy urban environment through community toilets under Nirmal Bharat Abhiyan, a component of the scheme.

     

  • Question 6
    1 / -0

    Absorptive capacity means

  • Question 7
    1 / -0

    Laspeyre’s index formula uses the weights of the

    Solution

    Explanation:

    In case of calculating the price index, assuming that for individual item  price at the base period.

     

  • Question 8
    1 / -0

    An appropriate method for working out consumer price index is

    Solution

    Explanation:

    In this method, the family budgets of a large number of people are carefully studied and the aggregate expenditure of the average family on various items is estimated.

     

  • Question 9
    1 / -0

    Following are the Relative measures of dispersion except

    Solution

    Explanation:

    It is a absolute measure of dispersion

     

  • Question 10
    1 / -0

    The average of the squared deviations from the arithmetic mean is called the

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