ECONOMY MCQS SET 48

ECONOMY MCQS SET 48

471) Labour participation of women in India is:
A) 0.2
B) 0.15
C) 0.32
D) 0.09
Answer:  0.2
   
472) Which of the following are characteristics of 'Public Goods"?
l. These are available to all without discrimination.
2. The enjoyment of one is not at the expense of others.
3. The rich can be made to pay for access to these goods. '
A) 1.2 and 3
B) 1 and 3
C) 1 and 2
D) 3 only
Answer:  1 and 2   
473) The belief that economic growth will percolate down to
all sectors was known as:
A) dispersal theory
B) decentralized growth theory
C) pump priming
D) trickle down
Answer:  trickle down   
474) The objectives of the National Water Policy (2002) include:
1. involvement and participation by beneficiaries
2. rehabilitation to proceed simultaneously with construction of a project
3. private sector participation in development and management of water resources projects
Which of these statement/s is/are correct?
A) 1 and 3
B) 1 and 2
C) 3 only
D) 1, 2 and 3
Answer:  1, 2 and 3
   
475) Which of the following is not a method of national income?
A) Product method
B) Export-import method
C) Income method
D) Expenditure method
Answer:  Export-import method
476) The national income of a nation is the;
A) government's annual revenue
B) sum total of factor incomes
C) surplus of public sector undertakings
D) exports minus imports
Answer:  sum total of factor incomes
   
477) The difference between the GNP and NNP is equal to the:
A) consumer expenditure on durable goods
B) direct tax revenue
C) indirect tax revenue
D) capital depreciation
Answer:  capital depreciation
   
478) Among the major Indian states, the most urbanized State is:
A) Maharashtra
B) Kerala
C) Tamil Nadu
D) Himachal Pradesh
Answer:  Tamil Nadu
   
479) Which of the following is not one of the recommendations of the Task Force on Co-operative Credit (Vaidyanathan Committee), 2004?
l. Increase the capital base of the co-operative institutions.
2. Increase their autonomy and reduce government control.
3. RBI to exercise direct control to enforce prudent financial management.
4. Build the capacity of the personnel.
A) 4 only
B) 1 and 4
C) 3only
D) none
Answer:  none   
480) The philosophy behind economic planning recognizes that:
A) socialism is superior to capitalism
B) human beings are essentially selfish
C) markets and price system alone cannot ensure human welfare '
D) public sector is inherently superior
Answer:  markets and price system alone cannot ensure human welfare '