NET, IAS, State-SET (KSET, WBSET, MPSET, etc.), GATE, CUET, Olympiads etc.: Economics MCQs (Practice_Test 90 of 122)
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- Consider the following statements:
- Varsha Bima, the rainfall insurance scheme, is managed by the Agricultural Insurance Company of India Ltd (AICIL) .
- The scheme was introduced during the 2007 southwest monsoon period.
- Which of the following given above is⟋are correct?
- 1 only
- 2 only
- Both 1 and 2
- Neither 1 nor 2
- Tax on Banking Cash Transactions (withdrawals) over a certain threshold in a single day was introduced in the Union Budget of which year?
- 2002 − 03
- 2004 − 05
- 2005 − 06
- 2006 − 07
- Consider the following statements:
- Annual Survey of Industries (ASI) extends to the entire country
- ASI covers all factories registered under Sections 2m i and 2m ii of the Factories Act, 1948.
- Which of the following given above is⟋are correct?
- 1 only
- 2 only
- Both 1 and 2
- Neither 1 nor 2
- Who among the following has suggested migration to accrual accounting system from cash-based accounting system in India?
- Y V Reddy
- R H Patil
- D N Ghosh
- C Rangarajan
- In which of the following years was the tax revenue as a percentage of GDP, the lowest?
- 2002 − 03
- 2003 − 04
- 2004 − 05
- 2005 − 06
- Which one of the following is the proportion of rain-fed agriculture to the net sown area in India?
- 40%
- 50%
- 60%
- 72%
- Consider the following statements about industrial relations on the basis of Economic Survey:
- There was a constant decline in the number of strikes and lockouts during 2000 − 05 in India.
- The maximum number of strikes and lockouts in the year 2006 were experienced by Kerala, followed by
- Tamil Nadu and West Bengal.
- Which of the statements given above is⟋are correct?
- 1 only
- 2 only
- Both 1 and 2
- Neither 1 nor 2
- If median and mode of a set of observations are 206 and 26, respectively, then what is the value of mean of the observations?
- 16
- 179
- 184
- 19
- Lorenz curve enables one to study which of the following?
- Averages
- Dispersion
- Correlation
- Index numbers
- Which one of the following is correct for a normal distribution?
- Standard deviation > Mean deviation > Quartile deviation
- Quartile deviation > Mean deviation > Standard deviation
- Mean deviation > Standard deviation > Quartile deviation
- Quartile deviation < Mean deviation >
- Standard deviation
- Coefficient of correlation is independent of which of the following?
- Change of origin only
- Change of scale only
- Change of origin and scale
- None of the above
- Which one of the following is the correct expression for rank coefficient?
- 6 2 1 1 d n o
- 2 3 1 6 d n n o
- 2 2 1 6 1 d n o
- 2 3 1 6 1 d n o (where d is the difference in ranks of an observation and n is the total number of observations)
- Which one of the following indices satisfies both time reversal and factor reversal tests?
- Laspeyre՚s index number
- Fisher՚s index number
- Paasche՚s index number
- Kelly՚s index number
- Which one of the following index numbers is based on geometric mean?
- Laspeyre՚s index number
- Fisher՚s index number
- Paasche՚s index number
- Bowley՚s index number
- What is a strategy which makes an all out effort to provide the masses of people in India access to basic facilities such as health education, clean drinking water etc. termed as?
- Inclusive growth strategy
- Exclusive growth strategy
- Rapid growth strategy
- Balanced growth strategy