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Economics Questions Answers

Q11 :

The correct sequence of the consumer food chain energy flow is —

A
  

Producer → carnivore → reducer → herbivore

B
  

Reducer → herbivore → carnivore → producer

C
  

Reducer → producer → herbivore → carnivore

D
  

Producer → herbivore → carnivore → reducer

View Answer
Correct Answer: D

Producer → herbivore → carnivore → reducer

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Q12 :

After the initiation of economic reforms in 1991-92, the percentage share of

A
  

direct taxes increased and that of indirect taxes decreased in gross tax revenue

B
  

both direct and indirect taxes increased in gross tax revenue

C
  

both direct and indirect taxes

D
  

direct taxes decreased and that of indirect taxes increased in gross tax revenue

View Answer
Correct Answer: B

both direct and indirect taxes increased in gross tax revenue

No Description Available
Q13 :

Which one of the following is NOT the function of Disinvestment Commission as far as the public sector units are concerned? 

A
  

To recommend the mode of disinvestment

B
  

To devise a successful programme of disinvestment

C
  

To recommend measures to protect workers affected by disinvestment

D
  

To recommend a suitable price policy

View Answer
Correct Answer: D

To recommend a suitable price policy

No Description Available
Q14 :

Consider the following statements about the Permanent Settlement:
1. It ensured a regular flow of income to the state.
2. Peasants knew beforehand the amount of revenue to be paid.
3. It was introduced simultaneously in Bengal, Bihar and Orissa.
Which of these statements are correct?

A
  

1 and 2

B
  

1 and 3

C
  

2 and 3

D
  

1, 2 and 3

View Answer
Correct Answer: C

2 and 3

No Description Available
Q15 :

Fiscal deficit in the budget means

A
  

Revenue deficit plus the net borrowings of the government

B
  

Budgetary deficit plus the net borrowings of the government

C
  

Capital deficit plus revenue deficit

D
  

Primary deficit minus capital deficit

View Answer
Correct Answer: B

Budgetary deficit plus the net borrowings of the government

No Description Available
Q16 :

Consider the following events:
1. Conversion of Imperial Bank of India into SBI
2. Establishment of NABARD
3. Setting up of RRBs.
4. Nationalisation of RBI
The correct chronological sequence of these events is

A
  

4, 1, 2, 3

B
  

4, 1, 3, 2

C
  

1, 4, 3, 2

D
  

1, 4, 2, 3

View Answer
Correct Answer: B

4, 1, 3, 2

No Description Available
Q17 :

Match List I with List II and select the correct answer using the codes given below the Lists:

List I (Organisations)
(a) Central Statistical Organisation
(b) National Development Council
(c) Planning Boards
(d) Reserve Bank of India

List II (Functions)
1. Decentralisation of Planning
2. Computation of  National Income
3. Finalisation of Five Year Plans
4. Credit Creation

A
  

a-3, b-4, c-1, d-2

B
  

a-4, b-3, c-1, d-2

C
  

a-1, b-3, c-4, d-2

D
  

a-2, b-3, c-1, d-4

View Answer
Correct Answer: D

a-2, b-3, c-1, d-4

No Description Available
Q18 :

Match List I with List II and select the correct answer using the codes given below the Lists:

List I
(a) TRIPS
(b) SLR
(c) SEBI
(d) NAFTA

List II
1. World Trade Organisation
2. Public Issues
3. International Monetary Fund
4. Reserve Bank of India
5. USA and Canada

A
  

a-1, b-4, c-2, d-5

B
  

a-1, b-4, c-3, d-5

C
  

a-4, b-1, c-2, d-5

D
  

a-4, b-1, c-2, d-3

View Answer
Correct Answer: A

a-1, b-4, c-2, d-5

No Description Available
Q19 :

The density of population in India, per sq km, according to the Census, 2001 is —

A
  

304

B
  

324

C
  

344

D
  

364

View Answer
Correct Answer: B

324

No Description Available
Q20 :

The 'Samman Scheme' announced in 1998 by the Government of India is related to

A
  

Housing

B
  

Income Tax

C
  

Life Insurance

D
  

Postal Savings

View Answer
Correct Answer: B

Income Tax

No Description Available
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