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

Question : 1

With reference to the provisions made under the National Food Security Act, 2013, consider the following statements.

1. The families coming under the category of ‘below poverty line (BPL)’ only are eligible to receive subsidised food grains.
2. The eldest woman in a household of age 18 years or above, shall be the head of the household for the purpose of issuance of a ration card.
3. Pregnant women and lactating mothers are entitled to a ‘takehome ration’ of 1600 calories per day during pregnancy and for six months thereafter.

a) Only 2

b) Only 1 and 2

c) Only 3

d) Only 1 and 3

Question : 2

The National Income of a country (India) is equal to which of the following:

a) Net National Product at Factor Cost

b) Net National Product at Market Prices

c) Gross National Product (GNP)

d) Income going to the household sector

Question : 3

The decrease in dependency ratio (ratio of dependent population to working-age population) of a country may lead to which of the following situation:

1. Increase in the savings rate
2. Decrease in the savings rate
3. Increase in Capital Formation
4. Decrease in Capital Formation

a) (i) & (iv) only

b) (ii) & (iv) only

c) (i) & (iii) only

d) (ii) & (iii) only

Question : 4

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 : 5

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