This quiz works best with JavaScript enabled. Home > General Knowledge > Indian Economy > Industries > Natural Resources And Indian Economy – Quiz 1 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Natural Resources And Indian Economy Quiz 1 (59 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which of the following is NOT a programme / agency of the Union Ministry of Finance? [Punjab & Sindh Bank 2011] A) Investor Education and Protection Fund (IEPF). B) National Foundation for Corporate Governance (NFCG). C) Serious Frauds Investigation Office (SFIO). D) Investment Commission. E) Central Rural Sanitation programme. Show Answer Correct Answer: A) Investor Education and Protection Fund (IEPF). 2. Who is the originator of Green Revolution in India? A) Norman E. Borlaug. B) M.S. Swaminathan. C) Garry Backer. D) None of these. Show Answer Correct Answer: A) Norman E. Borlaug. 3. Agricultural marketing in India has certain defects which do not include: A) Inadequate transport facilities. B) Lack of standard measures and weights. C) Agricultural produce not being properly graded. D) Insufficient price incentives by the government. Show Answer Correct Answer: D) Insufficient price incentives by the government. 4. Which one amongst the following has the largest livestock population in the world? [IAS 2008] A) USA. B) China. C) Brazil. D) India. Show Answer Correct Answer: D) India. 5. The success of the Green Revolution does not require: A) Adequate irrigation facilities. B) Availability of high yielding seeds. C) Pesticides and chemical fertilizers. D) Large scale mechanization. Show Answer Correct Answer: D) Large scale mechanization. 6. Highest milk producer in India is : A) Haryana. B) U.P. C) Gujarat. D) Punjab. Show Answer Correct Answer: B) U.P. 7. Which of the following is/are commodity/ies on which subsidy is given to farmers/poor in India? [SBI Ass PO 2011] A) Only C. B) AII A, B & C. C) LPG. D) Only A & B. E) Only B. F) Fertilizer. G) Kerosene. H) Only A. Show Answer Correct Answer: D) Only A & B. 8. Which one of the following categories of workers is termed as cultivators? [CPO SI 2010] A) Those who own land and cultivate. B) Those who lease in land and cultivate. C) Those who cultivate the land of others. D) Those who own land and lease in from others or institutions and cultivate. Show Answer Correct Answer: C) Those who cultivate the land of others. 9. The ideal average NPK ratio aggregated for the country as a whole is : A) 4 : 1 : 2. B) 4 : 2 : 1. C) 4 : 3 : 2. D) 2 : 4 : 1. Show Answer Correct Answer: B) 4 : 2 : 1. 10. Who is regarded as the founder of the scientific Socialism? [NDA 1993] A) Engels. B) Karl Marx. C) Lenin. D) Rousseau. Show Answer Correct Answer: B) Karl Marx. 11. What percentage of country's demand for natural rubber is met by indigenous production: A) 100%. B) 80%. C) 86%. D) 97%. Show Answer Correct Answer: C) 86%. 12. Which one of the following countries is not a member of ASEAN? [IAS 2006] A) Bangladesh. B) Myanmar. C) Vietnam. D) Brunei Darussalam. Show Answer Correct Answer: A) Bangladesh. 13. From the view of International economy, Third World implies: A) The developed countries. B) The developing countries. C) Block led by U.S.A., U.K. etc. D) None of these. Show Answer Correct Answer: B) The developing countries. 14. Which one of the following is different from the others from the point of view of ownership? [UP PCS 2011] A) Bank Fixed Deposit. B) LIC Policy. C) Kisan Vikas Patra. D) Debenture of a Company. Show Answer Correct Answer: B) LIC Policy. 15. The 'Uruguay Round' negotiations resulted in the establishment of: [Asstt Comm 2008] A) NATO. B) OECD. C) WTO. D) WHO. Show Answer Correct Answer: C) WTO. 16. In which one of the following countries is Rupee its currency? [IAS 2003] A) Malaysia. B) Seychelles. C) Bhutan. D) Maldives. Show Answer Correct Answer: B) Seychelles. 17. Basel II relates to which one of the following? [IAS 2007] A) International standards for safety in civil aviation. B) Measures against cyber crimes. C) Measures against drug abuse by sportspersons. D) International standards for measuring the adequacy of a bank's capital. Show Answer Correct Answer: D) International standards for measuring the adequacy of a bank's capital. 18. Which State produces maximum pulses in the country? A) Maharashtra. B) Uttar Pradesh. C) Odisha. D) Madhya Pradesh. Show Answer Correct Answer: D) Madhya Pradesh. 19. More than one-third of the crude steel production of the world comes from [UP PCS 2011] A) China. B) Russia. C) Japan. D) U.S.A. Show Answer Correct Answer: A) China. 20. In which year was 'Rajiv Gandlii Grameen Vidyutikaran Yojana' launched? [Asstt Comm 2008] A) 2005. B) 2007. C) 2006. D) 2004. Show Answer Correct Answer: A) 2005. 21. Which' day is celebrated as 'National Consumer Right Day? A) 24th October. B) 24th November. C) 24th December. D) 24th September. Show Answer Correct Answer: C) 24th December. 22. World Bank is a body: [Asstt Grade 1994] A) Of non-official, generous individuals. B) That gives aid to developing countries. C) Of major banks operating in different countries. D) That controls worldwide foreign exchange operations. Show Answer Correct Answer: B) That gives aid to developing countries. 23. Labour legislations in India have an important dimension of protection of women from exploitation. Some special provisions are made for women in the work place. Which of the following is NOT one such special provision? [Punjab & Sindh Bank 2011] A) Cooked meals during day shifts to be provided by the employer. B) No night shifts. C) Maternity protection. D) Creche facility at the work place for infants. E) Equal pay for work of equal value. Show Answer Correct Answer: E) Equal pay for work of equal value. 24. Acid rain is an effect of air pollution A) False. B) True. Show Answer Correct Answer: B) True. 25. Air is a precious natural resource that is a mixture of ..... A) Gases. B) Powdery substances. C) Food items. D) Juices. Show Answer Correct Answer: A) Gases. 26. India is regarded as a country with "Demographic Dividend". This is due to [CSAT 2011] A) Its high population in the age group below 15 years. B) Its high population in the age group of 15-64 years. C) Its high population in the age group above 65 years. D) Its high total population. Show Answer Correct Answer: B) Its high population in the age group of 15-64 years. 27. What is the best way to conserve our non-renewable resources? A) Make sure you use non-renewable resources as much as possible. B) Reduce dependency on non-renewable resources. C) Make posters on using non-renewable resources and display them. D) None of above. Show Answer Correct Answer: B) Reduce dependency on non-renewable resources. 28. Gadgil Formula refers to the allocation of: A) Market borrowings between the States. B) Central Plan assistance between the States. C) Tax proceeds between the States. D) Foreign aid between the Centre and States. Show Answer Correct Answer: C) Tax proceeds between the States. 29. Which neighbouring country has objections on Indian Baglihar Hydro-electric Project? A) Bangladesh. B) Bhutan. C) Nepal. D) Pakistan. Show Answer Correct Answer: D) Pakistan. 30. Many a times we read about the priority sector in newspapers. Which of the following is/are considered segment(s) of Priority Sector in India? [Punjab & Sindh Bank 2011] A) Agriculture. B) Small Scale Industry. C) Textile Industry. D) Only A. E) Only B. F) Only C. G) All A, B & C. H) None of these. Show Answer Correct Answer: G) All A, B & C. 31. The per capita foodgrains consumption: A) Has fallen steadily over the years. B) Has fluctuated. C) Has remained stagnant. D) Has risen very slowly. Show Answer Correct Answer: D) Has risen very slowly. 32. The book Wealth of Nations' was written by: A) Adam Smith. B) J.M. Keynes. C) Harold Laski. D) Eric Roll. Show Answer Correct Answer: A) Adam Smith. 33. Buffer stocks of foodgrains have helped the Government to achieve all but one of the following: A) Implement employment generation programmes. B) Solve food problem. C) Maintain Public Distribution System. D) Provide balanced diet to masses. Show Answer Correct Answer: D) Provide balanced diet to masses. 34. In India the co-operative movement was initiated in the sector of : A) Marketing of agricultural products. B) Farming. C) Agricultural credit. D) Consumer goods production. Show Answer Correct Answer: C) Agricultural credit. 35. With reference to Union Government, which one of the following undertake the country-wide Economic Census? [Asstt Comm 2008] A) Department of Expenditure. B) The National Sample Organization. C) Planning Commission. D) The Central Statistical Organization. Show Answer Correct Answer: D) The Central Statistical Organization. 36. In which one of the following activities percentage share of cooperative sector is the highest? [Corporation Bank PO 2011] A) Agricultural Credit disbursement. B) Sugar production. C) Wheat procurement. D) Fertilizer distribution. E) Handlooms. Show Answer Correct Answer: B) Sugar production. 37. A natural resource is ..... A) Something found in nature that is useless to people. B) Something found in nature that is very useful to people. C) Something that is man-made. D) NONE OF THE ABOVE. Show Answer Correct Answer: B) Something found in nature that is very useful to people. 38. India is said to be in the second stage of the demographic transition because: A) Both birth and death rates are high. B) Birth rate is high but -death rate is declining due to improvement in healthy services. C) Death rates and birth rates are declining sharply. D) None of the above. Show Answer Correct Answer: B) Birth rate is high but -death rate is declining due to improvement in healthy services. 39. The area under cultivation is declining fast in the case of: A) Sugarcane. B) Jute. C) Tea. D) Cotton. Show Answer Correct Answer: B) Jute. 40. What is Green Gold? A) Coffee. B) Tea. C) Rice. D) Gold. Show Answer Correct Answer: B) Tea. 41. In which one of the following countries, the rate of Income Tax is highest? [Punjab & Sindh Bank 2011] A) US. B) UK. C) France. D) Japan. E) China. Show Answer Correct Answer: D) Japan. 42. ..... forests are also called TAIGA A) Other. B) Boreal. C) Temperate. D) Tropical. Show Answer Correct Answer: B) Boreal. 43. 'Conditionality' of an IMF loan to a member country stands for: [Asstt Grade 1994] A) Interest and repayment terms of the loan. B) An assessment of the credit worthiness of the borrower. C) Schedule of disbursement of loan installments. D) The policy steps which the borrower country must take. Show Answer Correct Answer: D) The policy steps which the borrower country must take. 44. India is self-sufficient in production of which of the following commodities? [RBI Grade B Officer 2011] A) Edible oil. B) Milk. C) Pulses. D) Natural gas. E) All of these. Show Answer Correct Answer: B) Milk. 45. In India, which of the following is regulated by the Forward Markets Commission? [IAS 2010] A) Currency Futures Trading. B) Commodities Futures Trading. C) Equity Futures Trading. D) Both Commodities Futures and Financial Futures Trading. Show Answer Correct Answer: B) Commodities Futures Trading. 46. Ever greening of patents is done by [CDS 2011] A) Citing another product with same use. B) Citing another process of forming the same product. C) Applying for extension of patent term. D) Citing another use of the same product. Show Answer Correct Answer: C) Applying for extension of patent term. 47. Tarapore Committee was associated with which one of the following? [IAS 2007] A) Effect of oil-prices on the Indian economy. B) Special Economic Zones. C) Foreign exchange reserves. D) Fuller capital account convertibility. Show Answer Correct Answer: D) Fuller capital account convertibility. 48. India's economic zone extends ...... miles off its coast: A) 150. B) 250. C) 200. D) 100. Show Answer Correct Answer: C) 200. 49. Which of the following is NOT a non-renewable resource? A) Water. B) Natural gas. C) Coal. D) Petroleum. Show Answer Correct Answer: A) Water. 50. Ad Valorem means: A) According to size. B) According to advertisement costs. C) According to weight. D) According to value. Show Answer Correct Answer: D) According to value. 51. The 'Year of Great Divide' refers to: A) Rapid growth rate in population after 1921. B) The declining sex ratio after 1921. C) The slow-down in death rate after 1921. D) All the above. Show Answer Correct Answer: A) Rapid growth rate in population after 1921. 52. What does S & P 500 relate to? [IAS 2008] A) An index of stocks of large companies. B) A new technique in bridge building. C) Supercomputer. D) A new technique in e-business. Show Answer Correct Answer: A) An index of stocks of large companies. 53. Which State stands first in the length of roads in the country? A) Uttar Pradesh. B) Maharashtra. C) Rajasthan. D) Madhya Pradesh. Show Answer Correct Answer: B) Maharashtra. 54. Which of the following statements regarding Indian agriculture is correct? A) Agriculture accounts for twenty per cent of India's exports. B) India has the least area in the world under pulse crops. C) It contributes nearly 25 per cent of the GDP. D) The share of foodgrains in gross cropped area has increased since independence. Show Answer Correct Answer: C) It contributes nearly 25 per cent of the GDP. 55. We can live without air but we need water A) False, we can live without water but we need air. B) False, we can live without both. C) False, we need both. D) True. Show Answer Correct Answer: C) False, we need both. 56. The main source of fund for the National Highway Authority of India is [UP PCS 2011] A) Cess. B) Market borrowings. C) Budgetary support Government of Union. D) Foreign assistance. Show Answer Correct Answer: A) Cess. 57. Which of the following gives the maximum production of edible oil? A) Rapeseed. B) Groundnut. C) Sunflower. D) Mustard. Show Answer Correct Answer: B) Groundnut. 58. Low productivity of agriculture in India is not caused by: A) Inadequate availability of inputs. B) Subdivision of land holdings. C) Less area under cultivation. D) Poor finance facilities. Show Answer Correct Answer: C) Less area under cultivation. 59. A person returning from abroad can retain foreign currency up to what period? [Haryana Gr Bank PO 2011] A) 180 days. B) 60 days. C) 30 days. D) There is no such restriction. E) 90 days. Show Answer Correct Answer: E) 90 days. 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