macro fundamentals, GDP, investment & growth section 3 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 21

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

Question : 22

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 : 23 [MPPSC (Pre) 2005]

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 : 24 [UPPCS (Mains) 2011]

Import procedure begins with

a) Marine insurance

b) Mate’s receipt

c) Shipping bill

d) Indent

Question : 25 [MPPSC (Pre) 1995]

‘Operation Flood’ is associated with

a) Irrigation Project

b) Flood control

c) Milk production and distribution

d) Storage of food grains