macro fundamentals, GDP, investment & growth section 3 MCQ Questions & Answers Detailed Explanation

Question : 1

The importance of agriculture in Indian economy is indicated by its contribution to which of the following?

a) Industrial development and international trade

b) National income and employment

c) All of the above

d) Supply of food grains

Question : 2

Who among the following is associated with ‘White revolution’?

a) Verghese Kurien

b) P.J. Kurien

c) M.S. Raghanathan

d) M.S. Swaminathan

Question : 3

The Concept of ‘Navratna’ is associated with

a) selected export - oriented units

b) selected categories of technical manpower

c) selected Public Sector Enterprises

d) selected food - processing industries

Question : 4

Green Revolution made the country self-sufficient in food production but had some fallouts. Consider the following statements.

1. It is successful in the case of wheat, but not in the case of pulses.
2. Brought inter-state disparities.
3. Help in restoring soil fertility.
4. The reduced water table in some states.

a) Only 2 and 4

b) 1, 2 and 4

c) All are correct

d) 1, 3 and 4

Question : 5

If a country’s growth rate is good but there is no corresponding growth in employment, then which of the following could be the reasons:

a) The growth is coming from both as a result of increase in investment and increase in capacity utilization

b) The growth is coming from increase in investment but not because of better utilization of existing capacity

c) The growth is coming from better utilization of existing capacity and not because of increase in investment

d) None of the above

Question : 6

In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities?

a) Micro Finance Institution

b) Commercial Banks

c) Co-operative Banks

d) Regional Rural Banks