Economics -Questions and Answers (Chapter- 04)

91. Economic growth is usually coupled with:

(a) Deflation                                                          (b) Inflation

(c) Stagflation                                                        (d) Hyperinflation

Answer: (b)

92. Which one of the following is an indirect tax?

(a) Excise duty                                              (b) Capital gains tax

(c) Wealth tax                                               (d) Corporation tax

Answer: (a)

93. The annual growth rate of National Income was recorded lowest during:

(a) Second plan                                              (b) Third plan

(c) Fifth plan                                                  (d) Sixth plan

Answer: (c)

94. Compensatory and Contingency Financing Facility is a fund for helping member countries and is maintained by:

(a) ADB                                                              (b) World Bank

(c) European Community                            (d) IMF

Answer: (d)

95. NAFED is connected with:

(a) Animal husbandry                                (b) Conservation of fuels

(c) Agricultural marketing                        (d) Agricultural implements

Answer: (c)

96. Which committee examined and suggested Financial sector reforms in India? 
Answer: Narasimham Committee 

97. The 11th Five Year Plan envisages the highest growth for which sector?
Answer: Service Sector 

98. Who is called the Father of Economics?
Answer: Adam Smith 

99. National Sample Survey Organisation NSSO was established in which year? 
Answer: 1950 

100. Who introduced the concept of Five Year Plans in India? 
Answer: Jawaharlal Nehru

101. The Mumbai Stock change was set up in which year?
Answer: 1875 

102. The Headquarter of RBI is in which place? 
Answer: Mumbai 

103. Who wrote the book 'Planned Economy for India'? 
Answer: M. Visveswarayya

104. Which is the largest Public Sector Bank in India?
Answer: State Bank of India 

105. In India, the maximum number of workers are employed in which industry?
Answer: Textile Industry

106. What is the rank of India in terms of population in the world?

(a) First (b) Second

(c) Third (d) Fourth

Answer: (b)

107. The Indian state with the largest population as per 2011 Census:

(a) Uttar Pradesh (b) Rajastan

(c) Maharashtra (d) Bihar

Answer: (a)

108. The Indian state with the lowest population as per 2011 Census:

(a) Goa (b) Mizoram

(c) Sikkim (d) Manipur

Answer: (c)

109. Which state has the highest population growth rate (2001-2011):

(a) Kerala (b) Tamil Nadu

(c) Uttar Pradesh (d) Meghalaya

Answer: (d)

110. Which state has the lowest population growth rate (2001-2011):

(a) West Bengal (b) Karnataka

(c) Nagaland (d) Goa

Answer: (c)

111. What per cent of the world population is represented by India as per the 2011 census?

(a) 17.5 (b) 21.05

(c) 25.6 (d) 30.2

Answer: (a)

112. Which state has the highest population density as per 2011 Census?

(a) Kerala (b) Bihar

(c) West Bengal (d) Tamil Nadu

Answer: (b)

113. Which state has the lowest population density as per 2011 Census?

(a) Rajastan (b) Jammu Kashmir

(c) Mizoram (d) Arunachal Pradesh

Answer: (d)

114. Which state has the highest sex ratio as per the 2011 Census?

(a) Bihar (b) Kerala

(c) Goa (d) Mizoram

Answer: (b)

115. Which state has the lowest sex ratio as per the 2011 Census?

(a) Haryana (b) Mizoram

(c) Arunachal Pradesh (d) Kerala

Answer: (a)

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