NET, IAS, State-SET (KSET, WBSET, MPSET, etc.), GATE, CUET, Olympiads etc.: Economics MCQs (Practice_Test 121 of 122)
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- The marketable surplus in Indian Agriculture refers to annual
- agricultural production + stocks of agricultural commodities
- Agricultural production-annual consumption of agricultural commodities within the agricultural sector.
- consumption of agricultural commodities within the agricultural sector + stocks of agricultural commodities
- agricultural production + annual consumption of agricultural commodities within the agricultural sector
- The interlocking of market in India agriculture implies
- the integration of the retail and whole sale markets of agricultural commodities.
- the linking of regional rural markets
- the operation of the same pair of persons in a number of markets
- the union of sellers in different agricultural markets
- Which among the following is NOT a cause of sickness of industrial units in India?
- Obsolescent technology
- Labour problems
- Faulty location
- Lack of capital account convertibility
- In continuation of the programme of disinvestment of public sector enterprises, in the Union budget of 1998 − 99, disinvestment was announced for
- MTNL
- IOC
- BHEL
- NALCO
- The majority of Central Governments enterprises belong to the
- public corporations
- public limited companies
- private limited companies
- departmental organizations
- Which one of the following correctly reflects the policy adopted by the British administration in India up to 1900?
- Irrigation development was encouraged more than railways development
- Railway development was encouraged more than irrigation development
- Both railways and irrigation development were ignored.
- Development of irrigation and railway was equally encouraged
- A ready measure of the extent of globalization of the goods market of India is provided by
- the share of imports in over-all output
- the share of exports in over-all output
- the share of imports and exports in over-all output
- total exports
- which one of the following items of imports entailed the largest expenditure of foreign exchange in India in 1997 − 98
- Non-electrical machinery
- Fertilisers
- Petroleum a and lubricants
- Edible oils
- Consider the following:
- Sale of Resurgent India Bond
- GATT Agreement under the Uruguay round
- Introduction of OGL system
- establishment of State Trading corporation.
- The correct chronological sequence of these is
- 1,2, 3,4
- 4,3, 2,1
- 4,3, 1,2
- 2,1, 3,4
- Consider the following exports of India:
- Leather and manufactures
- Readymade garments
- Gems and Jewellery
- Cotton yearns, fabric, made ups, etc
- The correct sequence of these in decreasing order of value in the year 1997 − 98 was
- 1,2, 3,4
- 2,3, 4,1
- 2,1, 3,4
- 3,2, 4,1
- Consider the following counties:
- UK
- USA
- Russia
- Germany
- The correct sequence of the major Indian exports to these countries in decreasing order of value in the year 1997 − 98 is
- 2,1, 3,4
- 2,1, 4,3
- 1,2, 3,4
- 1,2, 4,3
- Which one of the following is the main cause of the down ward pressure on the exchange rate of the Indian Rupees since late August, 1999?
- East Asian financial crisis
- Uncertainties in domestic economic policy
- Uncertainties of coalition governments at the centre
- Widening deficit in the current account of the balance of payments
- An instrument of qualitative credit control in India is India is
- open market operation
- credit rationing
- change in reserve ratio
- bank rate policy
- Which one of the following represents priority sector lending by commercial banks in India?
- Lending to heavy industries
- Lending to agriculture, small-scale industries and weaker sections of the population
- Lending to foreign companies
- Lending to state governments in emergency situations like floods and droughts
- If the Reserve Bank of India sells securities in the market will result in
- an immediate change in the bank rate
- a fall in the market rate of interest
- an increase in loans to banks customers
- a reduction in bank deposit