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

Question : 1

‘Operation Flood’ is associated with

a) Irrigation Project

b) Flood control

c) Milk production and distribution

d) Storage of food grains

Question : 2

Some time back, the Government of India, decided to delicense ‘White goods industry’. White goods includes

a) milk and milk products

b) stainless steel and aluminium utensils

c) soaps, detergents and other mass consumption goods

d) items purchased for conspicuous consumption

Question : 3

Match List-I with List-II and select the correct answer from the codes given below the lists. 

a) 3 1 2 4

b) 4 3 2 1

c) 1 2 3 4

d) 2 4 3 1

Question : 4

Who was the person not associated with the Green Revolution when it started in India?

a) C. Subramaniam

b) M.S. Swaminathan

c) Rafi Ahmed Kidwai

d) Indira Gandhi

Question : 5

Which of the following statements are true regarding GDP at constant market prices in the last few quarters?

1. Increasing
2. Growth rate increasing
3. Growth rate decreasing
4. Stagnant

a) (i) & (iii) only

b) (i) & (ii) only

c) (i) only

d) (iv) only

Question : 6

Which of the following statements could be true for a high savings economy?

1. Higher investment
2. Higher consumption
3. Higher exports

a) (ii) & (iii) only

b) (i) & (iii) only

c) (i) & (ii) only

d) All of the above