Structure of the Indian Economy (Civil Service Examination), Questions and Answers, GK for UPSC, Bank PO & All Exams

1. As per the 1991 Census, the average size of households in terms number of persons per household in respect of the given states follows the sequence (highest first, lowest last) [1996]

a. Haryana, Uttar Pradesh, Kerala, Tamil Nadu

b. Uttar Pradesh, West Bengal, Gujarat, Kerala

c. Gujarat, Haryana, Uttar Pradesh, West Bengal

d. Uttar Pradesh, West Bengal, Tamil Nadu, Kerala

2. Indian Human Development Report does not give for each sample village: [2000]

a. Infrastructure and Amenities Index

b. Education Related Index

c. Health Related Index

d. Unemployment Related Index

3. Persons below the poverty line in India are classified as such based whether: [1999]

a. they are entitled to a minimum prescribed food basket

b. they get work for a prescribed minimum number of days in a year

c. they belong to agricultural labourer household and the scheduled caste/tribe social group

d. their daily wages fall below the prescribed minimum wages

4. As per the 1991 Census, which one of the following states has a lower population density than the other three? [1996]

a. Sikkim

b. Nagaland

c. Meghalaya

d. Manipur

5. The Capital Account Convertibility of the Indian Rupee implies: [1998]

a. that the Indian Rupee can be exchanged by the authorised dealers for travel

b. that the Indian Rupee can be exchanged for any major currency for the purpose of trade in goods and services

c. that the Indian Rupee can be exchanged for any major currency for the purpose of trading financial assets

d. None of the above

6. The Minimum Alternative Tax (MAT) was introduced in the Budget of the Government of India for the year: [1997]

a. 1991-92

b. 1992-93

c. 1995-96

d. 1996-97

7. In India, inflation is measured by the: [1997]

a. Wholesale Price Index number

b. Consumers Price Index for urban non-manual workers

c. Consumers Price Index for agricultural workers

d. National Income Deflation

8. Since 1980, the share of the tertiary sector in the total GDP of India has: [1999]

a. shown an increasing trend

b. shown a decreasing trend

c. remained constant

d. been fluctuating

9. Assertion (A): Fiscal deficit is greater than budgetary deficit. Reason (R): Fiscal deficit is the borrowing from the Reserve Bank of India plus other liabilities of the Government to meet its expenditure. [1999]

a. Both A and R are true and R is the correct explanation of A

b. Both A and R are true but R is not a correct explanation of A

c. A is true but R is true

d. A is false but R is true

10. Which of the following pairs are correctly matched? [1995]
1. Increase in-Monetary expansion
2. Low import growth rate in India-Recession in Indian industry
3. Euro-issues-Shares held by Indian companies in European countries
4. Portfolio investment-Foreign institutional investors.
Codes:

a. 1, 2 and 4

b. 3 and 4

c. 1, 2 and 3

d. 1, 2, 3 and 4