macro fundamentals, GDP, investment & growth section 4 MCQ Questions & Answers Detailed Explanation

Question : 1

The second Green Revolution proposed by the Prime Minister does not include

a) minimisation of the post harvest wastage

b) help to Indian farmers to participate in global agricultural trade

c) encouragement to foreign direct investment in agriculture

d) improvement in storage of crops

Question : 2

Indian agriculture has the following features.

1. Dependence of agriculture on the monsoons
2. Abolition of zamindari
3. Absence of trade unions in the agricultural sector
4. Heavy pressure of population on land

a) Only 1 and 2

b) Only 1

c) Only 4

d) 1, 2 and 3

Question : 3

Consider the following factors regarding industry.

1. Capital investment
2. Business turnover
3. Labour force
4. Power consumption

a) 1, 2 and 4

b) 1, 3 and 4

c) 2 and 3

d) 2, 3 and 4

Question : 4

Long-term agricultural credit is provided by

a) District Cooperative Bank

b) Primary Cooperative Society

c) State Cooperative Bank

d) Land Development Bank

Question : 5

Reason for low-productivity in Indian agriculture is

a) small land holdings

b) engagement of more persons in agricultural operations than needed

c) All of the above

d) backward technique of production

Question : 6

Consider the statements regarding the various inflation indices published in the country:

1. Wholesale Price Index (WPI) does not represent the inflation in services
2. Consumer Price Index (CPI) represents the inflation in goods and services
3. CPI and WPI represent the inflation of imported goods also
4. GDP deflator captures the inflation of the goods and services produced domestically

a) (ii), (iii) & (iv) only

b) (i), (ii), (iii) only

c) (i) & (ii) only

d) All of the above