Macro Fundamentals, GDP, Investment & Growth Section 1 Practice Questions Answers Test With Solutions & More Shortcuts

Question : 6 [RAS (Pre) 2013]

Public procurement of food grains at support prices insures the following.

1. Stability in farm prices
2. Remunerative prices to the farmers
3. Building food stocks for public distribution

Which of the above statements are correct?

a) 2 and 3

b) 1 and 2

c) Only 3

d) 1, 2 and 3

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Question : 7

Which of the following statements are correct about CPI rural, CPI urban and CPI combined index?

1. Inflation data is published by NSO
2. The base year is 2011-12
3. It is released for all India and for states and UTs separately on a monthly basis

Select the correct answer using the code given below:

a) (ii) & (iii) only

b) (ii) only

c) (i) only

d) All of the above

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Question : 8 [UPPCS (Pre) 2015]

Green Revolution is related to

a) Pulse production

b) Millet production

c) Oil seed production

d) Wheat production

Answer »

Question : 9 [PSC (Pre) 2011]

Why is the Government of India disinvesting its equity in the Central Public Sector Enterprises (CPSEs)?

1. Government intends to use the revenue earned from the disinvestment mainly to pay back the external debt.
2. The government no longer intends to retain the managements control of the CPSEs.

Which of the statement(s) given above is/are correct?

a) Only 2

b) Only 1

c) Neither 1 nor 2

d) Both 1 and 2

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Question : 10

The demand for GDP in the economy comes from which of the following sectors:

1. Household
2. Private
3. Government
4. External

Select the correct answer using the code given below:

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

b) (ii) & (iii) only

c) (i) & (ii) only

d) All of the above

Answer »