Which crop accounts for the largest area under cultivation in the country?
Wheat
Rice
Cotton
Pulses
Which of the following is not a beneficent activity of a trade union?
Provision of recreation
Collective bargaining for higher wages
Provision of medical and sickness relief
Help to widows
/
I
I,II
III
All of the above
Which of the following are does not comprise internal debt of the country?
Market borrowing
Treasure bills
Foreign assistance
Special securities issued to RBI
Which of the following export groups earned the maximum foreign exchange for the country during the fiscal year 2004-05?
Gem and jewellery
Engineering goods
Chemicals and allied products
Textiles
Which of the following factors is responsible for the biggest problem faced by India’s cotton textile industry?
Rising cost of production
Falling demand
Competition from handloom sector
Obsolete machinery
Which of the following factors would aggravate inflationary trend?
An increase of 10 per cent of the price of agricultural products
An increase of 15 per cent in the money supply in the market
A decrease of 12 per cent in the production of industrial goods
All of the above
Which of the following imports swallows the largest amount of foreign exchange?
Iron
Petroleum
Machines
Leather
Which of the following include bulk imports of the country?
Petroleum
Electrical goods
Non-electrical machinery
Precious stones
Which of the following is a free trade zone in India?
Cochin
Haldia
Lucknow
Kandla
Which of the following is at present the largest power using sector of the Indian economy?
Agriculture
Domestic consumers and street lighting
Industry
Transport and communication, including Railways
Which of the following activities dominates the economy of Jharkhand?
Commercial agriculture
Exploitation of mineral resources
Small scale handicrafts industries
Transport industry
Which of the following is exclusively concerned with the credit needs of all types of agricultural and rural development?
ARDC
NABARD
IBRD
RBI
Which one of the following agricultural holdings have the largest percentage in India?
Marginal holdings
Small holdings
Medium holdings
Large holdings
Which of the following are non-bulk items of import?
Pearls
Oil
Lubricants
Fertilizers
Which of the following is not a basic problem of the small scale industries?
Under-financed
Easy access to markets
Security of raw materials
Lack of research and development
/
I,II,III,IV
II,III,IV
I,IV
I,II
/
I,II,III
I,II,IV
I,III,IV
II,III,IV
Which of the following areas make the largest contribution to national income in India?
Industry
Railway
Agriculture
Mining
Which of the following can be classified as cash crops?
Coffee
Tea
Rubber
All of the above
Which of the following is not a basic industry?
Cement
Paper
Fertilizer
Iron and steel
Which of the following is not a benefit of imposition of land ceiling?
It ameliorates the condition of the big landlords
It helps to lift up the size of the very small holdings to a basic minimum
It prepares the way for cooperative farming
It helps in a more egalitarian distribution of land
Which of the following is not a cause of low productivity in Indian agriculture?
Non-availability of raw material
Lack of regular supply of inputs
Managerial ineffectiveness
Easy availability of bank loans
Which of the following is not a cause of low productivity in Indian agriculture?
Lack of input
Poor quality of human capital
Poor marketing facilities
Joint farming
Which of the following is not a characteristic of Indian agriculture?
Over-dependence on nature
Low level of productivity
Multiplicity of crops
Predominance of large farms
Which of the following is not a feature pf Indian agriculture?
Preponderance of the large farms
Ineffective land tenure system
Low level of productivity
Weak co-operative movement
Which of the following is not a feature of occupancy tenants?
Occupancy right is transferable
The tenants cannot be evicted at the will of the landlord
The rent that the tenant have to pay is fixed
Occupancy rights are inheritable
Which of the following is not a function of money?
It is a medium of exchange
It increases the purchasing power
It is a standard measure of value
It is a hedge against inflation
Which of the following is not a recommendation of the National Co-operative Farming Advisory Board for putting co-operative farming on a sounder footing?
State governments should give priority to revitalization of the existing societies
Every society should have a definite programme for total pooling of lands
Joint farming must be practiced with respect to all lands of the society
Financial assistance should be given only for purchase of new land
Which of the following is not a weakness of the co-operative movement?
Too much emphasis on credit
No over dues
Excessive official control
Window dressing
Which of the following is the leading export item among Indian plantation crops?
Coffee
Rubber
Tea
Spices
Which of the following is not a beneficial effect of the abolition of zamindari?
The once powerful feudal lords have become almost extinct
It has put an end to the exploitation of the rural masses by absentee landlords
The land system has become more inegalitarian
It has given a fillip to co-operative farming
Which of the following measures is not likely to help in improving India’s balance of payments position?
Encouragement of import substitution
Imposition of higher duty on exports
Imposition of higher duty on imports
Devaluation of the rupee
Which of the following must always balance in the foreign trade of the country?
Balance of trade
Balance of payment
Balance of current account
None of the above
Which of the following is not a cause of rural debt?
High consumption expenditure
Seasonal unemployment
Purchase of seeds and implements
High wages
/
(a)
(b)
(c)
(d)
Which of the following policies is likely to cause the least conflict for a country which enjoys a surplus in the balance of payments, but is in danger of rising unemployment? (Assume that demands are elastic in international trade)
Reducing government expenditure
Budgeting for a deficit
Budgeting for a surplus
Devalution
Which of the following states accounts for the largest share of industrial production and capital investment?
Gujarat
Maharashtra
Tamil Nadu
West Bengal
Which of the following states leads in commerce and industry?
Maharashtra
Tamil Nadu
Uttar Pradesh
West Bengal
Which of the following terms represents the co-existence of private and public sectors in an economy?
Controlled economy
Capitalism
Joint sector
Mixed economy
/
I,II,III
I,II
II,III
I,III
Which of the following can not be considered as the fundamental disequilibrium in the balance of payment of a country?
Changes in consumer tastes within the country or abroad which reduce a country’s exports
Decline in the competitive strength of the country in the world market which adversely affects exports of the country
Technological changes in the methods of production of domestic industries or in the industries of other countries
Decline in the agricultural production due to natural calamities
Which of the following committees recommended the abolition of reservation of items for the small scale sector in industry?
Abid Hussain Committee
Narasimhan Committee
Nayak Committee
Rakesh Mohan Committee
Which of the following is correct in respect of India?
Percentage of workers engaged in
Agricultural sector is increasing
Industry sector is more than tertiary sector
Tertiary sector is decreasing
Tertiary sector is more than industry sector
Which of the following is the correct statement?
In industries displaying increasing returns to scale and operated by the public sector to achieve optimality, there has to be
A subsidy to the consumer only
A tax on the industry
A tax on the consumer and subsidy to the producer
A subsidy to the consumer and a tax on the producer
Which of the following items is included in the capital account of the balance of payments of a country?
Invisibles
Investment income
Commercial borrowings
Private transfers
Which period constitute Operation Flood-I?
1960-70
1970-85
1970-81
1980-91
Which state grows the maximum amount of wheat per hectare?
Haryana
Uttar Pradesh
Delhi
Punjab
Wholesale trade in food-grains was nationalised in the year
1963
1973
1966
1979
/
I
I,II
II,III
III