Economics Mock Test series - 9

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The final authority in India to adopt to the Five Year Plan for the country vest in

The Planning Commission

The National Development Council

The Parliament

The Union Cabinet

Which of the following is a programme under which electric connection is given to people below poverty line?

Kutir Jyoti

Ganga Kalyan Yojana

MPLADS

Sangam Yojana

Who was the author of the book 'India's Economic Policy: The Gandhian Blue Print'?

Jai Prakash Narayan

Chaudhary Charan Singh

Man Mohan Singh

Acharya Vinoba Bhave

The second Five Year Plan was based on

Solow Growth Model

Vakil and Brahmananda's Wage- Goods Model

Mahalanobis model

Harrod-Domar Growth Model

Depreciation is equal to

Gross National Product-Personal Income

Gross National Product-Net National Product

Personal Income-Personal Taxes

Net National Product-Gross National Product

National Horticulture Mission was launched in which of the following Five Year Plans?

None of these

Tenth Five Year Plan

Eleventh Five Year Plan

Ninth Five Year Plan

A country is said to be a debt trap if

It has to borrow to make interest payments on outstanding loans

It has been refused loans or aid by creditors abroad

the World Bank charges a very high rate of interest on outstanding as well as new loans

It has to borrow to make interest payments on to standing loans

Amartiya Sen was awarded Nobel Prize for his contribution to the field of

Food and famines

Welfare economics

Indian economy

Poverty

Which one of the following is the Central theme of the Chipko Movement, started by Sunderlal Bahuguna in 1973?

Conservation of forests

Protection of cheetals

Conservation of river water

Protection of birds

10.

The concept of 'Vicious Circle of Poverty' is related to

Adam Smith

Nurkse

None of those

Karl Marx

11.

According to Census 2011, what is the percentage of male literacy?

78.25%

82.14%

79.15%

75.85%

12.

Which of the following is not a component of Bharat Nirman Programme?

Rural housing

Rural telephony

Agro-based industries

Rural electrification

13.

As the economy develops, the share of the tertiary sector in the GDP

Decreases then increases

Increases

Remains Constant

Decreases

14.

Which of the following is not an effect of population growth in India?

Increase in food

Increase in population

Increase in wildlife

Reduction in cultivable land

15.

If two commodities are complements, then their cross-price elasticity is

Negative

Imaginary number

Positive

Zero

16.

At present as per government rulings, the maximum area allowed for a Special Economic Zone(SEZ) is

5000 hectares

2000 hectares

4000 hectares

3000 hectares

17.

About 30% of India's area lies in the three states of

Madhya Pradesh, Andhra Pradesh and Gujarat

Rajasthan, Madhya Pradesh and Maharashtra

Rajasthan, Uttar Pradesh and Andhra Pradesh

Maharashtra, Andhra Pradesh and Uttar Pradesh

18.

FERA in India has been replaced by

FEMA

FENA

FEPA

FETA

19.

Invisible export means export of

Services

Unrecorded goods

Prohibited goods

Goods through smuggling

20.

The national forest policy aims at maintaining how much of the total geographical area under forests

One-third

Half

One-fourth

One-fifth

21.

As per Census of 2011, the least urbanised State of India is

Assam

Himachal Pradesh

Arunachal Pradesh

Uttarakhand

22.

Special Drawing Rights(SDR) facility is available at

International Bank for Reconstruction and Development(IBRD)/World Bank

International Development Association(IDA)

International Monetary Fund(IMF)

Organisation of Economic Co-operation and Development(OECD)

23.

Which one of the following types of unemployment is common in Indian agriculture?

Frictional

Seasonal

Structural

Disguised

24.

India's economy classified as

A labour-surplus economy

A trade-surplus economy

A capital-surplus economy

A food-deficit economy

25.

World Development Report is annual publication of

United Nations Development Programme(UNDP)

International Bank of Reconstruction and Development(IBRD)/ World Bank

World Trade Organisation(WTO)

International Monetary Fund(IMF)

Economics Mock Test series - 9

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