. In India, there are many farmers whose holding is one hectare or less than that. What is the percentage of such farmers among the land holders of our country? (1) 40% (2) 50% (3) 70% (4) 90%1 2370
. What percentage of petroleum consumption in India is supplied from within the country? (1) 70 (2) 30 (3) 60 (4) 902 2524
. Which of the following is a progressive tax (1) Income Tax (2) Sales Tax (3) Excise Duty (4) Customs Duty1 5640
. The contribution of agriculture to National Income in India now is approximately: (1) 25% (2) 40% (3) 45% (4) 70%13 18010
. The results of rising prices are A. Decrease in economic activities B. Adverse effect on balance of payment C. Increase of inequalities (1) All the above (2) None of the above (3) A & B only (4) B & C only1 1864
. Land Development banks provide credit to formers for (1) Short-term needs (2) Medium term needs (3) Long term needs (4) None of these1 2439
. What is a Scheduled bank? (1) A bank having Rs. 1,000 crore deposits (2) A bank included in the second schedule of the RBI act (3) A bank having Rs. 100 crore deposits (4) None5 10295
. Changes in the standard of living in a country are best reflected in changes in (1) Gross National production at current prices (2) Per capita income at current prices (3) National income at current prices (4) Per capita income at consistent prices1 2154
. Which characteristics of Indian economy made it under developed? A. Per capita income low B. High percentage of food in consumption expenditure C. Preponderance of agriculture (1) A only (2) A and C only (3) A, B and C (4) None of the above3 6328
. National Development Council is mainly concerned with : (1) Approval of 5 year plans (2) Implementation of Integrated Rural Development programmes (3) Implementation of Community Development Programmes (4) Approval implementation and assessment of all major development projects in India
. Unemployment insurance will result in: (1) Decrease in savings (2) Decrease in consumption level (3) Maintenance of consumption level (4) Increase in savings1 1848
. ‘Mixed economy’ means Co-existence of : (1) Public sector and Private sector (2) The poor and the rich (3) Heavy and light industries (4) All the above
. India’s trade with the East European Socialist countries can be described as: (1) Rupee trade (2) Bilateral trade (3) Free trade (4) Barter trade2 2518
. Stagflation is: (1) Inflation with growth (2) Inflation with recession (3) Deflation with growth (4) Deflation followed by inflation1 1859
. What percentage of total population in India is rural population ? (1) 55% (2) 65% (3) 75% (4) 85%8 13149
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