This quiz works best with JavaScript enabled. Home > Indian Economy > Indian Economic Development Policy – Quiz 5 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Indian Economic Development Policy Quiz 5 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Me are you A) A. B) B. C) C. D) D. Show Answer Correct Answer: D) D. 2. Which of the following is a stock variable? A) Interest on capital. B) Distance between delhi and manali. C) Expenditure of money. D) All of these. Show Answer Correct Answer: B) Distance between delhi and manali. 3. Which of these is not a component of operating surplus? A) Interest. B) Rent. C) Royalty. D) Wages. Show Answer Correct Answer: D) Wages. 4. ..... is not the process of Agricultural Marketing. A) Arranging credit. B) Packaging the produce according to buyers' preference. C) Storing the produce for future sale. D) Selling the produce when the price is lucrative. Show Answer Correct Answer: A) Arranging credit. 5. Agriculture marketing does not comprise of ..... A) Transportation of the produce to the marketplace for sale. B) Grading of the produce according to the quality. C) Storage of the produce for sale in future. D) Credit has been taken to meet expenditure on agricuture. Show Answer Correct Answer: D) Credit has been taken to meet expenditure on agricuture. 6. A person who starts a business to produce a new product in the marketplace is known as: A) A manager. B) A bureaucrat. C) An entrepreneur. D) Consumer. Show Answer Correct Answer: C) An entrepreneur. 7. Which of the following is an example of micro Economics study A) National Income. B) Consumer behavior. C) Unemployment. D) Foreign trade. Show Answer Correct Answer: B) Consumer behavior. 8. ..... refer to taxes levied on imported goods A) Quotas. B) Tariff. C) Lagaan. D) None of these. Show Answer Correct Answer: B) Tariff. 9. Which of the following will be included in national income of India A) Old age pension. B) Subsidies. C) Scholarship. D) Salaries. Show Answer Correct Answer: D) Salaries. 10. ISI policy aimed to develop ..... industries A) Domestic. B) Foreign. C) Agriculture. D) Manufacturing. Show Answer Correct Answer: A) Domestic. 11. What is the potential benefit of increasing female labor force participation for a country's economy? A) It may lead to higher unemployment rates among men. B) It can contribute to economic growth and higher GDP. C) It often results in wage stagnation for both men and women. D) It primarily benefits multinational corporations. Show Answer Correct Answer: B) It can contribute to economic growth and higher GDP. 12. Which social sector encompasses programs and services related to healthcare, medical facilities, and public health? A) Education sector. B) Health sector. C) Environmental sector. D) Housing sector. Show Answer Correct Answer: B) Health sector. 13. Which of the following is long period objective of five year plans in India A) Increase in national income and PCI. B) Full employment. C) Equitable distribution. D) All of these. Show Answer Correct Answer: D) All of these. 14. What does the term "jobless growth" refer to in the context of India's economic development? A) Economic growth without any impact on employment. B) The creation of new jobs without any increase in economic output. C) A decline in both economic growth and employment. D) The rapid growth of the informal sector in the economy. Show Answer Correct Answer: A) Economic growth without any impact on employment. 15. Which of the following is NOT a function of money? A) Unit of Account. B) Medium of exchange. C) Liquidity value. D) Store of value. Show Answer Correct Answer: C) Liquidity value. 16. What is Head count ratio? A) Total number of people in a country. B) Proportion of people below poverty line. C) Percentage of people above poverty line. D) Total number of poor in a country. Show Answer Correct Answer: B) Proportion of people below poverty line. 17. In which year PMEGP formed? A) 2005. B) 2000. C) 2008. D) 2019. Show Answer Correct Answer: C) 2008. 18. If the reserve requirement is 10% and I put in $ 100, what is the amount a bank can loan out? A) $ 80. B) $ 90. C) $ 72. D) .9. Show Answer Correct Answer: B) $ 90. 19. In which year was the planning commission abolished A) 2017. B) 2015. C) 2016. D) 2914. Show Answer Correct Answer: B) 2015. 20. Urban poor includes ..... A) Street cobblers. B) Road side vendors. C) Push cart vendors. D) All of the above. Show Answer Correct Answer: D) All of the above. ← PreviousNext →Related QuizzesIndian Economic Development Policy Quiz 1Indian Economic Development Policy Quiz 2Indian Economic Development Policy Quiz 3Indian Economic Development Policy Quiz 4Indian Economic Development Policy Quiz 6Indian Economic Development Policy Quiz 7Indian Economic Development Policy Quiz 8Indian Economic Development Policy Quiz 9Indian Economic Development Policy Quiz 10Indian Economic Development Policy Quiz 11 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books