introduction to indian economy section 14 MCQ Questions & Answers Detailed Explanation

Question : 1

The objective of the National Population Policy (NPP) is

1. The immediate objective is to address the unmet needs for contraception, health care infrastructure and basic reproductive and child health care.
2. The medium-term objective is to bring the Total Fertility Rate (TFR) to replacement levels of 2.1 by 2010.
3. The short-term objective is to achieve a stable population by 2045, at a level consistent with the requirement of sustainable economic growth, social development and environmental protection.

a) 2

b) 3

c) 1

d) All are correct

Question : 2

Consider the following statements:

1. Chit funds in India are governed by the Chit Funds Act, 1982.
2. The chit funds are governed/regulated by Central Government.
3. The prize of chit funds and money circulation schemes are illegal.

a) 1 and 2 both

b) 2 only

c) 1 only

d) 1, 2 and 3

Question : 3

Consider the following:

1. Mehbub ul Haq
2. Inge Kaul
3. David Hilton

a) 2 and 3

b) 1 and 3

c) 1 and 2

d) 1, 2, 3

Question : 4

In which of the following years, was the trade balance favourable to India?

a) 1972-73 and 1976-77

b) 1971-72 and 1976-77

c) 1972-73 and 1975-76

d) 1970-71 and 1974-75

Question : 5

Which of the following is not a method of estimating national income?

a) Output method

b) Expenditure method

c) Matrix method

d) Income method

Question : 6

Current Fiscal Deficit percentage in GDP is

a) 4

b) 7

c) 8

d) 1

e) None of These