introduction to indian economy section 1 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 46 [SSC GL 2013]

Tick the correct option with regards to the contribution towards GDP (Gross Domestic Product) from Agriculture

a) During 1950-51 (GDP 11-00%) and 2011-12 (GDP 25%)

b) During 1950-51 (GDP 51-88%) and 2011-12 (GDP 14-01%)

c) During 1990-91 (GDP 29-53%) and 2011-12 (GDP 66-77%)

d) During 1980-81 (GDP 35-69%) and 2011-12 (GDP 20-69%)

Question : 47

In free economy, inequalities in income is due to

a) private property and inheritance

b) private property only

c) differences in the marginal productivity of labour

d) free competition

Question : 48

Among the socio-economic factors responsible for the high birth rate in India we may include

1. large scale poverty
2. high mortality rate of children of poor parents
3. prevalence of child marriage
4. adverse sex ratio

a) 1, 2 and 4

b) 2, 3 and 4

c) 1 and 2

d) 1, 2 and 3

Question : 49 [SSC CGL 2000]

Structural unemployment arises due to :

a) inadequate productive capacity

b) heavy industry bias

c) shortage of raw materials

d) deflationary conditions

Question : 50

GDP deflator is used to :

a) measure the inflation in a country.

b) compare the GDP of a country vis a vis other countries of the world.

c) measure the relative reduction in GDP growth rate of a country.

d) estimate the purchasing power of the citizen of a country.