Indian Economy Test 44

Result

Indian Economy Test 44

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Weekly Quiz Competition

Question 1
1 / -0

Consider the following statements about the different seed production cycles
1. Breeder seed is the primary stage of the seed production cycle.
2. Certified seed is the secondary stage of the seed production cycle.
3. Foundation seeds are produced and distributed to all farmers and regions.
Which of the statements given above is/are correct?

A
Only 1

B
1 and 2

C
1 and 3

D
All of these
Question 2
1 / -0

Consider the following statements
1. In India, more than 85% agricultural workers are mainly casual labourers.
2. Agricultural labourers in India are mainly dominated by the backward classes.
Which of the statements given above is/are correct?

A
Only 1

B
Only 2

C
Both 1 and 2

D
Neither 1 nor 2
Question 3
1 / -0

The importance of agriculture in Indian economy is indicated by its contribution to which of the following?

A
National Income and employment

B
Industrial development and international trade

C
Supply of foodgrains

D
All of the above

Solution

The importance of agriculture in Indian Economy is indicated by its contribution to national income industrial development and supply of food grains. It contributes around 13.7% to GEP, supplies row material for development of industries along with supplying food grains for livelihood
Agriculture plays a vital role in the Indian economy over 70% of the rural households depend upon Agricultural. Agriculture in an important sector of Indian economy as it contributes about 17% to the total GDP and provide employment to over 60% of population.
Question 4
1 / -0

Consider the following statements
1. Agriculture including allied activities accounted for about 55% employment in the country according to Census 2011.
2. The growth in agriculture and allied sectors is a necessary condition for inclusive growth in India.
Which of the statements given above is/are correct?

A
Only 1

B
Only 2

C
Both 1 and 2

D
Neither 1 nor 2
Question 5
1 / -0

Which one among the following is the target set in the National Manufacturing Policy (NMP) to achieve the sustained growth rate in the Manufacturing sector of Indian Economy?

A
10-12%

B
12-14%

C
15-16%

D
18-20%
Question 6
1 / -0

Consider the following reasons
1. Lack of irrigation facilities, low productivity of land.
2. Single crop mode of cultivation.
3. Indian agriculture's dependence on the monsoon.
Which of the reasons given above is/are responsible for the migration of people from rural to urban areas for the search of livelihood in Indian economy?

A
1,2 and 3

B
1 and 3

C
2 and 3

D
Only 2
Question 7
1 / -0

Container Corporation of India Limited (CONCOR), a public sector undertaking is under the administration control of which of the following ministries?

A
Heavy industry

B
Small scale

C
Ministry of Railways

D
Shipping, Road Transport and Highways

Solution

Container Corporation of India Ltd (CONCOR) is a Navratna Public sector undertaking under the Indian Ministry of Railways. Incorporated in March 1988 under the Companies Act CONCOR commenced operations in November 1989 taking over an existing network of seven inland container depots (ICDs) from Indian Railways. It now has a network of 61 ICDs / CFSs (Container Freight Stations) throughout India.
Question 8
1 / -0

The sales tax you pay while purchasing a toothpaste is a __________________.

A
tax imposed by the Central Government

B
tax imposed by the Central Government, but collected by the State Government

C
tax imposed by the State Government, but collected by the Central Government

D
tax imposed and collected by the State Government

Solution

Sales tax is imposed and collected by the state governments the sale of goods at the consumer's end. Centre also imposes sales tax (i.e., CST), but it is collected at the time the goods are leaving the manufacturing points - being and 'origin-based' tax this will be phased out once the GST (a destination based tax) is implemented.
Question 9
1 / -0

In India, contribution of food inflation to overall inflation is around $$\frac{1} {3}$$ to $$\frac{2} {5}$$ . Within food inflation, contribution of food articles is higher because price rise in food articles is

A
higher and their weight is also higher compared to food products.

B
higher but their weight is lower compared to food products.

C
lower but their weight is higher compared to food products.

D
lower and their weight is also lower compared to food products.
Question 10
1 / -0

In India, in the overall index of industrial production, the indices of eight core industries have a combined weight of 37-90%. Which of the following are among those eight core industries?
1. Cement
2. Fertilisers
3. Natural gas
4. Refinery products
5. Textiles
Select the correct answer using the codes given below

A
1, and 5

B
2, 3 and 4

C
1,2, 3 and 4

D
1,2, 3, 4 and 5

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Re-Attempt Weekly Quiz Competition

Indian Economy Test 44

Result

Indian Economy Test 44

Score

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Rank

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SHARING IS CARING

Question 1

Only 1

1 and 2

1 and 3

All of these

Question 2

Only 1

Only 2

Both 1 and 2

Neither 1 nor 2

Question 3

National Income and employment

Industrial development and international trade

Supply of foodgrains

All of the above

Solution

Question 4

Only 1

Only 2

Both 1 and 2

Neither 1 nor 2

Question 5

10-12%

12-14%

15-16%

18-20%

Question 6

1,2 and 3

1 and 3

2 and 3

Only 2

Question 7

Heavy industry

Small scale

Ministry of Railways

Shipping, Road Transport and Highways

Solution

Question 8

tax imposed by the Central Government

tax imposed by the Central Government, but collected by the State Government

tax imposed by the State Government, but collected by the Central Government

tax imposed and collected by the State Government

Solution

Question 9

higher and their weight is also higher compared to food products.

higher but their weight is lower compared to food products.

lower but their weight is higher compared to food products.

lower and their weight is also lower compared to food products.

Question 10

1, and 5

2, 3 and 4

1,2, 3 and 4

1,2, 3, 4 and 5

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