National Income & Growth PYQs
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Prelims 2024 – 2000 · page 1 of 2Tap an option to check it. For one question at a time, use Start practice above.
With reference to the sectors of the Indian economy, consider the following pairs :
Economic activity Sector 1. Storage of agricultural produce Secondary 2. Dairy farm Primary 3. Mineral exploration Tertiary 4. Weaving cloth Secondary How many of the pairs given above are correctly matched ?
With reference to physical capital in Indian economy, consider the following pairs :
Items Category 1. Farmer's plough Working capital 2. Computer Fixed capital 3. Yarn used by the weaver Fixed capital 4. Petrol Working capital How many of the above pairs are correctly matched ?
Consider the investments in the following assets :
1.Brand recognition2.Inventory3.Intellectual property4.Mailing list of clientsHow many of the above are considered intangible investments?
Which of the following activities constitute real sector in the economy ?
1.Farmers harvesting their crops2.Textile mills converting raw cotton into fabrics3.A commercial bank lending money to a trading company4.A corporate body issuing Rupee Denominated Bonds overseasSelect the correct answer using the code given below :
Consider the following statements :
Other things remaining unchanged, market demand for a good might increase if
1.price of its substitute increases2.price of its complement increases3.the good is an inferior good and income of the consumers increases4.its price fallsWhich of the above statements are correct?
In the context of any country, which one of the following would be considered as part of its social capital?
Consider the following statements :
1.Purchasing Power Parity (PPP) exchange rates are calculated by comparing the prices of the same basket of goods and services in different countries.2.In terms of PPP dollars, India is the sixth largest economy in the world.Which of the statements given above is/are correct?
Increase in absolute and per capita real GNP do not connote a higher level of economic development, if
Despite being a high saving economy, capital formation may not result in significant increase in output due to
With reference to Indian economy, consider the following statements :
1.The rate of growth of Real Gross Domestic Product has steadily increased in the last decade.2.The Gross Domestic Product at market prices (in rupees) has steadily increased in the last decade.Which of the statements given above is/are correct?
The substitution of steel for wooden ploughs in agricultural production is an example of
Economic growth in country X will necessarily have to occur if
The national income of a country for a given period is equal to the
In the context of Indian economy, consider the following statements:
1.The growth rate of GDP has steadily increased in the last five years.2.The growth rate in per capita income has steadily increased in the last five years.Which of the statements given above is/are correct?
In the context of Indian economy, consider the following pairs:
Term – Most appropriate description
1.Melt down – Fall in stock prices2.Recession – Fall in growth rate3.Slow down – Fall in GDPWhich of the pairs given above is/are correctly matched?
With reference to Indian economy, consider the following statements :
1.The Gross Domestic Product (GDP) has increased by four times in the last 10 years.2.The percentage share of Public Sector in GDP has declined in the last 10 years.Which of the statements given above is/are correct ?
Which one of the following brings out the publication called "Energy Statistics" from time to time ?
Which one of the following is the correct sequence in the decreasing order of contribution of different sectors to the Gross Domestic Product of India?
As per the Human Development Index given by UNDP, which one of the following sequences of South Asian countries is correct, in the order of higher to lower development?
Which one among the following countries has the lowest GDP per capita?
With reference to the Indian economy, consider the following activities:
1.Agriculture, Forestry and Fishing2.Manufacturing3.Trade, Hotels, Transport and Communication4.Financing, Insurance, Real Estate and Business services The decreasing order of the contribution of these sectors to the Gross Domestic Product (GDP) at factor cost at constant prices (2000-01) isThe term National Income represents
Consider the following States:
I.GujaratII.KarnatakaIII.MaharashtraIV.Tamil Nadu The descending order of these States with reference to their level of Per Capita Net State Domestic Product isThe most appropriate measure of a country’s economic growth is its
Match List I with List II and select the correct answer using the codes given below the Lists:
List I (Publisher)
A.Ministry of IndustryB.Central Statistical OrganisationC.Reserve Bank of IndiaD.Ministry of FinanceList II (Publication)
1.Report on Currency and Finance2.Economic Survey3.Wholesale Price Index4.National Accounts StatisticsIndian Human Development Report does not give for each sample village
The growth rate of per capita income at current prices is higher than that of per capita income at constant prices, because the latter takes into account the rate of
The first Indian State to have its Human Development Report prepared and released by Amartya Kumar Sen in Delhi is
The new Gross Domestic Product (GDP) series released by the Central Statistical Organisation (CSO) in February 1999 is with reference to base price of
Match List I with List II and select the correct answer using the codes given below the Lists:
List I
I.BoomII.RecessionIII.DepressionIV.RecoveryList II
A) Business activity at high level with increasing income, output and employment at macro level
B) Gradual fall of income, output and employment with business activity in a low gear
C) Unprecedented level of under employment and unemployment, drastic fall in income, output and employment
D) Steady rise in the general level of prices, income, output and employment
Codes: