ECONOMY MCQS SET 44

ECONOMY MCQS SET 44

431) British colonial authorities did not oppose the setting up of cotton mills in India by local capitalists during the 19th century because;
A) the cost of producing mill cloth in India was higher
B) the first mills Set up in India were spinning mills which competed with indigenous hand spinning
C) it was too expensive to transport textiles to UK
D) the quality of Indian mill-made cloth was inferior
Answer:  the first mills Set up in India were spinning mills which competed with indigenous hand spinning
   
432) A dual economy means:
I. the existence of black money and white money
II. the existence of agriculture and industry
III. the existence of commercial agriculture with subsistence farming
IV. modern industry and commercial agriculture coexisting with subsistence farming and traditional handicrafts
A) I only
B) I, II , and IV
C) II, III, and IV
D) All of these
Answer:  II, III, and IV
   
433) Which of the following is not one of the International Development Targets of the Millennium Development Goals?
A) Reducing the number of persons living in extreme poverty by one half by 2015
B) Universal primary education by 2015
C) Reduction of infant and child mortality by 2/3rd by 2015
D) Reducing the total population by l/3rd
Answer:  Reducing the total population by l/3rd   
434) Which book was written by Dadabhai Naoroji on Indian poverty and economy under British rule?
A) Indian Economy under British Raj
B) British Rule and Economic Drain of India
C) Poverty and Un-British Rule in India
D) Economic Drain and Poverty of India
Answer:  Poverty and Un-British Rule in India
   
435) With reference to Indian agriculture, consider the following statements:
l. Agriculture provides direct livelihood to 45% of the labour force in India.
2. It contributes less than 20% to the GDP.
3. It accounts for about 10% of the total value of India's commodity exports.
4. Almost 80% of the area under agriculture is irrigated.
Which of the above statement/s is/are correct?
A) 1, 2, 3 and 4
B) 1, 2 and 3
C) 3only
D) 4only
Answer:  1, 2 and 3

436) What is the percentage of India's population to the world population?
A) 6 percent
B) 17.5 percent
C) 26 percent
D) 36 percent
Answer:  17.5 percent
   
437) Which year is known as 'Year of the Great Divide' with regard to population growth in India?
A) 1921
B) 1947
C) 1951
D) None of these
Answer:  1921
   
438) The birth rate measures the number of births during a year per
A) 100 of population
B) 1000 of population
C) million of population
D) none of these
Answer:  1000 of population
   
439) Among the following, the only state having a sex ratio of above 1,000 is:
A) Tamil Nadu
B) Kerala
C) Karnataka
D) Andhra Pradesh
Answer:  Kerala
   
440) The maximum number of people in India work in the;
A) Primary Sector
B) Secondary Sector
C) Tertiary Sector
D) None of these
Answer:  Primary Sector