F.Y B.COM
SEMESTER - 1
INDIAN ECONOMIC STRUCTURE
(IES)
MCQs - SEPTEMBER 2016
1. The increasing pressure of ________ is an important demographic factor responsible for low yield in agriculture.
A. Population on land
B. Deficit trade
C. Market failure
D. Unemployment
2. UNCTAD stand for
A. United Nations Conference on Trade and Development
B. United Nation Committee on Trade and Development
C. United Nation Conference on Technical Development
D. United Nation Committee on Technical Development
3. India's services export grew from 16.8 billion US$ in 2001 to ________ in 2014.
A. 155.6 billion
B. 154.4 billion
C. 153.7 billion
D. 152.5 billion
4. Which of the following statement is a feature of the secondary sector
A. Labour plays a primary role
B. Production structure is capital intensive
C. Considered to be traditional sector
D. It is highly based on nature
5. Which of the following good grains has the highest productivity (per hectare in kg) during 2014-15?
A. Rice
B. Wheat
C. Maize
D. Pulses
6. Sub sector of service sector. Financial services, Real Estate & Professional Services contributed Share in GDP in 2015.16.
A. 21.6 percent
B. 13.7 percent
C. 10.7 percent
D. 18.2 percent
7. Based on the Index of Industrial Production (IP), the overall industrial growth rate during the Eleventh
Plan (2007-08 to 2011-12) is
A. 6.4
B. 8.5
C. 7.8
D. 6.9
8. Match List l against List Il and select the correct answer code:
|
List l |
List II |
|
i) Primary Sector |
a) Highly industrialized |
|
ii) Secondary sector |
b) Agriculture |
|
iii) Developing economy |
c) Manufacturing units |
|
iv) Advanced country |
d) Low per capital income |
A. (i)-(b), (ii)-(c), (iii)-(d), (iv)-(a)
B. (i)-(d), (ii)-(c), (iii)-(b), (iv)-(a)
C. (i)-(b), (ii)-(a), (iii)-(d), (iv)-(c)
D. (i)-(a), (ii)-(c) (iii)-(d), (iv)-(b)
9. Industrial production in India is reported by
A. National Sample Survey Organization (NSSO)
B. Ministry of Statistics and Programme Implementation (MOSPI)
C. Ministry of Finance
D. NITI Aayog
10. The rapid growth of population in developing country leads to
A. Increase in the standard of living
B. Increase in labour force
C. Increase in per capital income
D. Higher rate of economic growth
11. The institutional factors that lead to low productivity of Indian agriculture is
A. Size of holdings
B. Poor techniques of production
C. Overcrowding in agriculture
D. Inadequate irrigation facilities
12. Which of the following period recognized as First Phase of Industrial Production?
A. 1951-1961
B 1951-1956
C. 1951-1971
D. 1951-1966
13. Underemployed occurs when people
A. Don't want to work
B. Are not paid for their work
C. Are not skilled
D. are working less than they are capable of
14. The tertiary sector relates to the
A. Supply of raw materials to secondary sector
B. Trade and transportation of goods
C. Engaged in the production of absolutely necessary goods
D. None of the above
15. Numerous foreign companies are setting up their facilities in India on account of various Government initiates like
A. Make in india & digital India
B. Technology in India & Modern India
C. Development in India & Freedom India
D. None of above
16. For many developing countries, the conditions needed for a market to flourish are absent: there is a _________ degree of market failure.
A. Stagnant
B. Balancing
C. High
D. Low
17. The sharp difference in productivity between developed and underdeveloped nations can be traded out a considerable difference in the level of ________.
A. Poverty
B. Technology
C. Market Failure
D. Inflation
18. Which of the following is NOT a characteristic of developing economy?
A. Low per capita income
B. Poor quality of human capital
C. Low population growth rate
D. High rate of unemployment
19. The share of primary sector in the Gross Domestic Product (GDP) during 2012-13 is
A. 15.6%
B. 18.2%
C. 59.6%
D. 24.8%
20. Which terms are commonly used to refer to countries that do not enjoy the same level of economic security. industrialization and growth as developed countries?
A. Emerging Countries
B. Third world Countries
C. Developing Countries
D. All of the Above
21. Industries that buy raw materials and convert them into finished goods for customers are included in
A. Allied Sector
B. Manufacturing Sector
C. Service Sector
D. Non Merchandise Sector
22. In 2012 _______ % of active population was engaged in agriculture.
A. 59
B. 55
C. 51.5
D. 55.5
23. Which among these falls under primary sector?
A. Communication
B. Banking
C. Construction
D. Animal Husbandry
24. Disguised unemployment is a characteristic of
A. Industry
B. Agriculture
C. Service
D. All of these
25. Land productivity means ________.
A. Production of Land
B. Production of farm labourers
C. Production of all crops
D. Average output per hector of land
26. NFSM in 12th Plan aims at ensuring adequate supply of
A. Rice, Coarse Cereals, Pulses
B. Wheat, Coarse Cereals, Pulses
C. Rice, Wheat, Pulses, Coarse Cereals
D. Rise, Wheat, Maize, Pulses
27. Which sector contributes the most to the GDP of India?
A. Primary
B. Secondary
C. Tertiary
D. Quaternary
28. Dualistic nature of economy is
A. Modern
B. Modern traditional
C. Traditional
D. Capitalist
29. The TMO & OP aims to increase domestic production of
A. Maize
B. Pulses
C. Edible Oilseeds
D. All of above
30. One of the main reasons for sharp difference in productivity between developed and under developed nations is
A. Low per capita income
B. Dualism in terms of technology
C. Heavy population pressure
D. Adverse foreign trade
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