Competitive Exams: Economics MCQs (Practice-Test 15 of 122)

  1. At present, the area, covered by forests as a percentage of total land area in India, lies within a range of

    1. 11% to 15%

    2. 16% to 20%

    3. 21% to 30%

    4. 26% to 30%

  2. The gross irrigated area as a percentage of gross cropped areas in India in 1992 − 93 was nearly.

    1. 20%

    2. 25%

    3. 30%

    4. 35% and above

  3. Per capital net availability of food grains per day in 1996 was

    1. 468.8gm

    2. 462.7gm

    3. 498.0 gm

    4. 469.5 gm

  4. The Gross Domestic Gross Capital formation as percentage of Gross Domestic Product at current market prices in 1995 − 96 nearly.

    1. 15.1

    2. 18.5

    3. 27.4

    4. 30.0

  5. Which of the following are the major significant achievements of planning relating to agriculture in India?

    1. Abolition of exploitative land tenures like Zamindari in a peaceful manner.

    2. Reduction of population dependent on Agriculture.

    3. Increase in food grains production.

    4. Reduction in the number of small and marginal holdings

    Select the correct answer using the codes given below:

    1. 1 and 2

    2. 1 and 3

    3. 2 and 3

    4. 3 and 4

  6. Which one of the following given the Incremental Capital Output Ratio (ICOR) of the 8th Five year Plan in India?

    1. 3: 1

    2. 4: 1

    3. 5: 1

    4. -6: 1

  7. The most important source of energy in India is

    1. fire wood and Charcoal

    2. Gas

    3. Petroleum

    4. Electricity

  8. Consider the following rural development programme

    1. Food for work programme.

    2. Community Development programme.

    3. TRYSEM.

    4. IRDP

    The correct chronological sequence of the launching of programme by the

    Government is

    1. 1, 2, 3 4

    2. 2, 1, 4, 3

    3. 1, 2, 4, 3

    4. 2, 1, 3, 4

  9. Which one of the following is not a quantitative credit control measure of the Reserve Bank of India?

    1. Bank Rate

    2. Statutory Cash Reserve Requirement

    3. Statutory Liquidity Ratio

    4. Moral Suasion

  10. Consider the following statements:

    1. prograssive

    2. proportionate

    3. direct

    4. income-elastic

    Of these statements

    1. 1, 2 and 4 are correct

    2. 1, 2 and 3 are correct

    3. 1, 3 and 4 are correct

    4. 2, 3 and 4 are correct

  11. The main sources of revenue of the Central government are

    1. income tax

    2. corporate tax.

    3. custom duties

    4. excise duties.

    On the basis of their importance their correct sequence in as-ending order is

    1. 4, 3, 2, 1

    2. 1, 2, 3, 4

    3. 4, 2, 1, 3

    4. 3, 1 2, 4

  12. Agricultural taxation in India is difficult because of

    1. scattered nature of land holdings

    2. seasonality of production

    3. the fact that agriculture is not taxed anywhere in the world

    4. increasing overhead cost of tax collection and the lack of political will

  13. Under VDIS (voluntary Disclosure Income Scheme) recently introduced in India, the individuals wee required to pay in advance the tax at the rate of

    1. 255

    2. 30%

    3. 35%

    4. 40%

  14. Which one of the following heads of expenditure of the Rural Government, accounts for the largest amount of revenue expenditure?

    1. Defence

    2. Interest payments

    3. Subsidies

    4. Grants to States and Union Territories

  15. To foster the resource base of States, the Tenth Finance Commission has recommended as single divisible pool transferring taz the same so recommended?

    1. 27%

    2. 30%

    3. 29%

    4. 33%