This quiz works best with JavaScript enabled. Home > Indian Economy > Industries > Natural Resources And Indian Economy – Quiz 3 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Natural Resources And Indian Economy Quiz 3 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. What is Green Gold? A) Tea. B) Coffee. C) Gold. D) Rice. Show Answer Correct Answer: A) Tea. 2. In which one of the following countries, the rate of Income Tax is highest? [Punjab & Sindh Bank 2011] A) US. B) China. C) Japan. D) UK. E) France. Show Answer Correct Answer: C) Japan. 3. ..... forests are also called TAIGA A) Boreal. B) Tropical. C) Temperate. D) Other. Show Answer Correct Answer: A) Boreal. 4. '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. 5. 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. 6. 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. 7. Ever greening of patents is done by [CDS 2011] A) Citing another use of the same product. B) Citing another process of forming the same product. C) Applying for extension of patent term. D) Citing another product with same use. Show Answer Correct Answer: C) Applying for extension of patent term. 8. Tarapore Committee was associated with which one of the following? [IAS 2007] A) Special Economic Zones. B) Fuller capital account convertibility. C) Foreign exchange reserves. D) Effect of oil-prices on the Indian economy. Show Answer Correct Answer: B) Fuller capital account convertibility. 9. India's economic zone extends ...... miles off its coast: A) 100. B) 150. C) 200. D) 250. Show Answer Correct Answer: C) 200. 10. Which of the following is NOT a non-renewable resource? A) Coal. B) Water. C) Natural gas. D) Petroleum. Show Answer Correct Answer: B) Water. 11. Ad Valorem means: A) According to value. B) According to weight. C) According to size. D) According to advertisement costs. Show Answer Correct Answer: A) According to value. 12. 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. 13. What does S & P 500 relate to? [IAS 2008] A) Supercomputer. B) A new technique in e-business. C) A new technique in bridge building. D) An index of stocks of large companies. Show Answer Correct Answer: D) An index of stocks of large companies. 14. Which State stands first in the length of roads in the country? A) Maharashtra. B) Uttar Pradesh. C) Madhya Pradesh. D) Rajasthan. Show Answer Correct Answer: A) Maharashtra. 15. Which of the following statements regarding Indian agriculture is correct? A) It contributes nearly 25 per cent of the GDP. B) India has the least area in the world under pulse crops. C) The share of foodgrains in gross cropped area has increased since independence. D) Agriculture accounts for twenty per cent of India's exports. Show Answer Correct Answer: A) It contributes nearly 25 per cent of the GDP. 16. 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. 17. The main source of fund for the National Highway Authority of India is [UP PCS 2011] A) Cess. B) Foreign assistance. C) Market borrowings. D) Budgetary support Government of Union. Show Answer Correct Answer: A) Cess. 18. Which of the following gives the maximum production of edible oil? A) Groundnut. B) Mustard. C) Rapeseed. D) Sunflower. Show Answer Correct Answer: A) Groundnut. 19. 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. 20. A person returning from abroad can retain foreign currency up to what period? [Haryana Gr Bank PO 2011] A) 60 days. B) 30 days. C) 90 days. D) 180 days. E) There is no such restriction. Show Answer Correct Answer: C) 90 days. ← PreviousRelated QuizzesIndian Economy QuizzesNatural Resources And Indian Economy Quiz 1Natural Resources And Indian Economy Quiz 2Manufacturing Industries Quiz 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books