Nature of Indian Economy Questions and answers

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      1. Nature of Indian Economy
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71). Urbanisation in India is very poor as compared to other developed countries. Which one of the following can be the exact cause of the high population Increase in urban areas?
A). Natural increase of urban population
B). Net migration from rural areas
C). Lack of coverage of rural masses under social benefit programmes
D). Both 'a' and 'b' are the exact causes for population increase in urban areas
72). A market in which there are large numbers at sellers of a particular product, but each seller sells some. What differentiated but close products is termed as.
A). perfect Competition
B). Monopoly
C). Monopolistic competition
D). Oligopoly
73). Consider the following statements
1. More than 50% of the Net Domestic Product is contributed by the unorganised sector of Indian economy.
2. Less than one fourth of Net Domestic Product is contributed by the organised sector of Indian economy.
Which of the statements given above is/are correct?
A). Only 1
B). Only 2
C). Both 1 and 2
D). Neither 1 nor 2
74). Which one of the following institutions prepares the National Income estimates in India?
A). Planning Commission
B). Reserve Bank of India
C). Central Statistical Organisation
D). Indian Statistics Institute
75). Which one of the following states has the highest percentage of poverty according to the Suresh Tendulkar Commission in India?
A). Bihar
B). West Bengal
C). Odisha
D). Assam


76). Consider the following statements
1. The rate of growth of Real Gross Domestic Product has steadily increased in the last decade.
2. The Gross Domestic Product at market prices (In rupees) has steadily increased in the last decade.
Which of the statements given above is/are correct?
A). Only 1
B). Only 2
C). Both 1 and 2
D). Neither 1 nor 2
77). Which of the following deals with microeconomies analysis?
A). General price level
B). General supply
C). Market demand
D). Consumer demand
78). Which one of the following is the objective of social forestry which is started by Indian Government?
A). To increase green coverage
B). To create more employment opportunities
C). To reduce urbanisation in rural areas
D). To produce raw material for rayon and match factories
79). Consider the following statements
1. In India, the life expectancy at birth of male is more than that of female.
2. In India, the infant mortality rate per thousand of live birth of girl is more than that of boy.
Which of the statements given above is/are correct?
A). Only 1
B). Only 2
C). Both 1 and 2
D). Neither 1 nor 2
80). Consider the following statements
The most effective contribution made by Dadabhai Naoroji to the cause of Indian National Movement was that he
1. exposed the economic exploitation of India by the British.
2. interpreted the ancient Indian texts and restored the self confidence of Indians.
3. stressed the need for eradication of all the social evils before anything else.
Which of the statements given above is/are correct?
A). 1, 2 and 3
B). 1 and 3
C). 1 and 3
D). Only 1
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