ECONOMY MCQS SET 62

ECONOMY MCQS SET 62

611) Depository services refer to
A) a new scheme of fixed deposits
B) a method of regulating stock exchanges
C) an agency for safe-keeping securities
D) an advisory service to investors
Answer:  an agency for safe-keeping securities
   
612) According to UNFPA projections, the world population will touch 10 billion by:
A) 2100
B) 2050
C) 2016
D) 2085
Answer:  2100
   
613) Which of the following agencies does not finance local bodies for infrastructural development?
A) LIC
B) HUDCO
C) CRISIL
D) ILFS
Answer:  CRISIL
   
614) The Indian institution that has filed more patents than all the individual patents put together in India is;
A) CSIR
B) ICAR
C) AIIMS
D) DRDO
Answer:  CSIR
   
615) Transfer payments refer to:
A) payments made without any quid pro quo
B) transferring wealth outside the country through fictitious payments
C) payments to employees at the time of transfer
D) money transferred by one sector to another
Answer:  payments made without any quid pro quo

616) In the context of the UN Conference on Sustainable Development, 2012 (Rio+20), the principle of 'Common But Differentiated Responsibility' (CBDR) means
1. It is the concern of all humanity to address the issues of environment.
2. Responsibility will differ according to differing capacities of the states to address environmental issues in development.
3. The concept of historical responsibility demands that the bulk of responsibility is placed on those who have most contributed to environmental degradation.
4, Developing countries have a responsibility to develop in a sustainable manner.
Select the correct answer from the codes given below:
A) 1 and 2 only
B) 1, 2, 3 and 4
C) 1, 2 and 3 only
D) 3 and 4 only
Answer:  1, 2, 3 and 4
   
617) The Committee to recommend the adoption of Green National Accounting (GNA) identified three types of assets. Which of the following is not one of the types identified by it?
A) mineral capital
B) physical capital
C) natural capital
D) human capital
Answer:  mineral capital
   
618) Which of the following statements with regard to Indian Agriculture is/are true?
1. Although rice is the most important cereal being cultivated in India in terms of total production, wheat is fast catching up.
2.Green revolution did not make an impact on the production of pulses.
A) 2 only
B) 1 only
C) 1 and 2
D) Neither 1 nor 2
Answer:  1 and 2
   
619) Aggregate Measure of Support (AMS) in the context of WTO refers to:
A) the minimum support price guaranteed to the farmers
B) the quantum of subsidy given to the agricultural sector
C) the issue price of paddy and wheat
D) insurance cover for crops
Answer:  the quantum of subsidy given to the agricultural sector
   
620) Which of the following is not one of the objectives of India's food policy?
A) To avert famine by maintaining buffer stock
B) To keep the cost of living index of employees from rising
C) To ensure remunerative prices to farmers
D) To maintain general price level
Answer:  To keep the cost of living index of employees from rising