TNPSC General Knowledge - Indian Economy
Exam Duration: 45 Mins Total Questions : 30
Which one of the following is correct about the Laffer Curve?
- (a)
It is the relationship between the unemployment and growth rate of GDP of a country
- (b)
It is the relationship between the inflation and the trend of changes in labour pattern
- (c)
It is the relationship between government revenue rates by taxation and all possible rates of taxation
- (d)
None of the above
Which one of the following objectives is not included in the Jawaharlal Nehru Solar Mission?
- (a)
Setting up of 20000 Mw grid solar power by 2022
- (b)
Setting up of 20000 of off-grid solar power by 2022
- (c)
Installation of 20 million square metre solar thermal collector area by 2022
- (d)
Both 'b' and 'c'
Which one of the following regions of India is not connected to the Integrated Power Transmission Grid 'National Grid' synchronously?
- (a)
Northern region
- (b)
Easter region
- (c)
Nort-Eastern region
- (d)
Southern region
Which one of the following is not within the duties of the Planning commission?
- (a)
To define the stage of growth and suggest allocation of resources.
- (b)
To make an assessment of the material, capital and human resource of the country
- (c)
To determine the nature of machinery required for the implementation of plan proposal
- (d)
To prepare the annual central budget
Consider the following statements
1.Jawahar Rozgar Yojana was launched in the Seventh Five Year Plan.
2.Small-scale and food processing industries were given new impetus in Seventh Five Year Plan.
Which of the statement/statements given above is/are correct?
- (a)
Only 1
- (b)
Only 2
- (c)
Both 1 and 2
- (d)
Neither 1 nor 2
Currently, what is the share of agriculture and allied activities in Gross Capital Formation of India?
- (a)
About 20%
- (b)
About 7%
- (c)
About 12%
- (d)
About 14%
Which of the following body estimation national income in India?
- (a)
Reserve Bank of India
- (b)
Planning Commission
- (c)
Finance Commission
- (d)
Central Statistical Organisation
Consider the following statements
1. India has about 15% of livestock population of the world.
2. India is second to china in the population of buffalo livestock in the world.
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
The important of Agriculture in Indian Economy is indicated by its contribution to which of the following?
- (a)
National income and empoyement
- (b)
Industrial development and international trade
- (c)
Supply of food grains
- (d)
All of the above
Which one of the following states is the first to impose Agriculture Income Tax in India?
- (a)
Madhya Pradesh
- (b)
Utter Pradesh
- (c)
Paschim Banga
- (d)
Bihar
Which one of the following is correctly matched?
- (a)
Revolution Sector Rainbow Industry - (b)
Revolution Sector Blue Fisheries Agriculture & Allied - (c)
Revolution Sector Yellow Services - (d)
Nove of these above
With the reference to agricultural sector India, consider the following statements
1.Command Area Development (CAD) programme was started in 1995 -96.
2.CAD was aimed to maximise the agricultural productivity through optimisation of the command areas.
Which of the statements given above is /are correct?
- (a)
Only 1
- (b)
Only 2
- (c)
Both 1 and 2
- (d)
Neither 1 not 2
Which one of the following schemes is not included in the Rashtriya Krishi Vikas Yojana (RKVJ)?
- (a)
National Mission for Protein Supplements
- (b)
Saffron Mission
- (c)
Accelerated Fodder Development Programme
- (d)
All of the above
National Seed Policy, 2002 is based on the recommendation of
- (a)
Kelkar Committee
- (b)
MV Rao Committee
- (c)
YV Reddy Committee
- (d)
Abhijit Sen Committee
Consider the following about the Rajiv Gandhi Scheme for Empowerment of Adolescent Girls 'SABLA:
1. To enhance the nutritional status of adolescent girls.
2. To enhance the economic status of adolescent girls.
- (a)
Only 1
- (b)
Only 2
- (c)
Bothe 1 and 2
- (d)
Neither 1 nor 2
When the productive capacity of the economic system of a state is inadequate to create sufficient number of jobs, it is called
- (a)
Seasonal Unemployment
- (b)
Structural Unemployment
- (c)
Disguised Unemployment
- (d)
Cyclic Unemployment
Consider the following factors regarding the structural Unemployment of an economy
1. Mechanization of agriculture
2. Geographical factors or locations.
3. Adoption of robotic technologies to replaced Unskilled labourers.
Which of the factor given above is/are correct?
- (a)
1 and 2
- (b)
1 and 3
- (c)
2 and 3
- (d)
All of these
How do District Rural Development Agencies (DRDAs) help in the reduction of rural poverty in India?
1. DRDAs act as Panchayati Raj Institutions in certain specified backward regions of the country.
2. DRDAs undertake area-specific scientific study of the causes of poverty and malnutrition and prepare detailed remedial measures.
3. DRDAs secure inter-sectoral and inter-departmental coordination and cooperation for effective implementation of anti-poverty programmes.
4. DRDAs watch over and ensure effective utilization of the funds intended for anti-poverty programmes.
Which of the statements given above is/are correct?
- (a)
1, 2, 3 and 4
- (b)
1,2 and 3
- (c)
2 and 3
- (d)
2 and 4
The Poverty Gap Index or the Foster-Greer-Thorbecke Index is the difference between the
- (a)
mean income of poor and poverty line
- (b)
median income of poor and mean income of poor
- (c)
medium income of poor and poverty line
- (d)
mode of the income of poor and mean income of poor
Consider the following statements
1. District Rural Development Agency (DRDA) was launched in 1999.
2. The funding pattern of the DRDA administration is in the ration of 75:25 between the Centre and the States.
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
What was the main purpose of the District Education Revitalization Programme (DERP) launched in 1994 in India?
- (a)
To universalize primary education
- (b)
To facilitate teacher education
- (c)
To prevent the drop-out
- (d)
To facilitate teacher and parents interaction
With reference to the Power sector in India, consider the following statements
1. Rural electrification has been treated as a basic minimum service under the Prime Minister's Gramodaya Yojana.
2. 100% foreign direct investment in power is allowed without upper limit.
3. The Union Minister of Power has signed a Memorandum of Understanding(MoU) with 14 states.
which of the statements given above are correct?
- (a)
Only 1
- (b)
1 and 2
- (c)
2 and 3
- (d)
Only 3
Which one of the following credit rating agencies is the ' Big Three credit rating agencies ' of the world?
- (a)
Fitch group
- (b)
Moody' s corporation
- (c)
Standard & Poor's
- (d)
All of the above
Which one of the following International institutions has offered the concessional loans and grants to the world's poorer developing countries ?
- (a)
IFC
- (b)
IDA
- (c)
IMF
- (d)
WB
Consider the following pillars given above is/are included in Agreement on Agriculture the WTO?
1. Domestic support
2. Market access
3. Export subsidies
Which of the pillars given above is/are included in Agreement on agriculture of the WTO?
- (a)
Only 2
- (b)
1 and 3
- (c)
2 and 3
- (d)
All of these
Consider the following statements about India External Sector
1. In the Eleventh Five Year Pal, the share of percentage of the export of primary products is more than the manufactured products.
2. The share of the India is half of China in the world export trade.
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
Consider the following statements
1. In India, the minimum denomination coin acceptable for a transaction is 50 paise.
2. Coin below 60 paise is not a legal tender for payment.
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
Which of the following is the correct definition of the term'Commercial Paper'?
- (a)
It is nothing but the popular name of the judicial stamp papers used to register financial transactions
- (b)
it is one of the instrument through which corporate raise debts from the market
- (c)
It is the name of the 'Certificate of Deposits. provided by the bank to all its retail customers.
- (d)
All of the above
Which one of the following development Financial Institutions in India has started the special refinance scheme for the resettlement and rehabilitation of Voluntary Retired workers of the National Textile Corporation(NTC)?
- (a)
IDBI
- (b)
SIDBI
- (c)
ICICI
- (d)
None of these
Which one of the following has been the main measure of the rate of inflation in India?
- (a)
Consumer Price Index
- (b)
Consumer Price Index-Industrial worker
- (c)
Consumer Price Index-Agriculture labour
- (d)
Wholesale Price Index