Informational Trivia Quiz: Economic And Social Development

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| By Tanmay Shankar
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Tanmay Shankar
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Informational Trivia Quiz: Economic And Social Development - Quiz

Every economic student knows the importance of having a well-structured development program and the different ways in which they can make it successful. Over the past week, we have been able to cover much on social and economic development. Take this informational quiz on the topic. And get to learn more about it before you move on to the next topics. All the best!


Questions and Answers
  • 1. 

    Among the following, which is not a cause for the recent rapid increase in global food prices?

    • A.

      Shoot in crude oil prices

    • B.

      Augmented demand from developing countries

    • C.

      Change of food grains to bio-fuel

    • D.

      Attack of pest

    Correct Answer
    D. Attack of pest
    Explanation
    The attack of pests is not a cause for the recent rapid increase in global food prices. The increase in food prices can be attributed to various factors such as a rise in crude oil prices, increased demand from developing countries, and the change of food grains to bio-fuel. However, pest attacks on crops can lead to a decrease in agricultural production, which may result in higher prices. Nevertheless, the given question specifically asks for the cause that is not responsible for the recent increase in food prices, and the attack of pests does not fit this criterion.

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  • 2. 

    India persists to be on the 4th position among the largest country in the world measured in terms of Purchasing Power Parity (PPP). The 1st three positions are occupied by which of the following?

    • A.

      U.S., China, Japan

    • B.

      India, U.S., China

    • C.

      Japan, Pakistan, China

    • D.

      None of these

    Correct Answer
    A. U.S., China, Japan
    Explanation
    India is on the 4th position among the largest countries in the world in terms of Purchasing Power Parity (PPP). The correct answer is U.S., China, Japan. This means that the first three positions are occupied by the United States, China, and Japan respectively.

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  • 3. 

    Why is Universal Service Obligation Fund (USOF) created?

    • A.

      To lengthen communication facilities to remote and rural areas

    • B.

      To support condition of educational facilities for nomadic tribes

    • C.

      To support institution of Primary Health Centres in remote areas

    • D.

      None of these

    Correct Answer
    A. To lengthen communication facilities to remote and rural areas
    Explanation
    The Universal Service Obligation Fund (USOF) is created to extend communication facilities to remote and rural areas. This means that the fund is specifically designed to improve connectivity in areas that are often underserved or have limited access to communication services. By investing in infrastructure and technology, the USOF aims to bridge the digital divide and ensure that even remote and rural communities have access to essential communication facilities.

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  • 4. 

    What were the consequences of colonialism on Indian agriculture? 1. Commercialization of agriculture 2. Impoverishment of peasantry 3. Exile of land owners for non-payment of dues

    • A.

      1 and 2

    • B.

      2 and 3

    • C.

      1 and 3

    • D.

      1, 2 and 3

    Correct Answer
    D. 1, 2 and 3
    Explanation
    The consequences of colonialism on Indian agriculture included the commercialization of agriculture, which involved the shift towards cash crops and the integration of Indian agriculture into the global market. This led to the impoverishment of the peasantry as they were forced to sell their produce at low prices and faced increased competition from imported goods. Additionally, landowners who were unable to pay their dues were exiled, further impacting the agricultural sector. Therefore, all three options - 1, 2, and 3 - are correct.

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  • 5. 

    Currently, what population does each bank branch serves on an average?

    • A.

      40000

    • B.

      12000

    • C.

      10000

    • D.

      60000

    Correct Answer
    B. 12000
    Explanation
    The given answer suggests that each bank branch serves an average population of 12,000. This means that when considering all the bank branches, the total population is divided equally among them, with each branch serving approximately 12,000 people.

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  • 6. 

    What is the purpose of ICPS (Integrated Child Protection Scheme)?

    • A.

      To decrease the susceptibility of children in difficult circumstances

    • B.

      To perk up the health status of children

    • C.

      Both A and B

    • D.

      Neither A nor B

    Correct Answer
    A. To decrease the susceptibility of children in difficult circumstances
    Explanation
    The purpose of ICPS (Integrated Child Protection Scheme) is to decrease the susceptibility of children in difficult circumstances. This means that the scheme aims to provide protection and support to children who are vulnerable or facing challenging situations. It does not specifically focus on improving the health status of children, although that may be a part of the overall support provided under the scheme. Therefore, the correct answer is "To decrease the susceptibility of children in difficult circumstances."

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  • 7. 

    In India, this has been observed that poverty is gradually getting concentrated in 6 states. Among the following states, which is not one of the 6 states?

    • A.

      Madhya Pradesh

    • B.

      Orissa

    • C.

      Chhattisgarh

    • D.

      Uttarakhand

    Correct Answer
    D. Uttarakhand
    Explanation
    The correct answer is Uttarakhand. The question states that poverty is gradually getting concentrated in 6 states in India, but Uttarakhand is not one of these states. Therefore, it can be inferred that Uttarakhand is not one of the states where poverty is becoming more concentrated.

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  • 8. 

    Factors responsible for adverse Balance of Payments (BoP) situation of India are?1. Declining foreign investment flows2. Elevated crude oil price3. Falling Rupee exchange rate4. Euro zone crisisChoose the correct code:

    • A.

      Only 1

    • B.

      Only 2

    • C.

      Only 3

    • D.

      All of the above

    Correct Answer
    D. All of the above
    Explanation
    The adverse Balance of Payments (BoP) situation of India can be attributed to several factors. Firstly, declining foreign investment flows have contributed to the imbalance as it reduces the inflow of foreign currency. Secondly, elevated crude oil prices have a significant impact on the BoP as India is a major oil importer, leading to increased import costs and a higher current account deficit. Thirdly, the falling Rupee exchange rate affects the BoP by making imports more expensive and reducing the value of exports. Lastly, the Euro zone crisis has also played a role as it affects global trade and investment flows, impacting India's BoP. Therefore, all of the above factors are responsible for the adverse BoP situation of India.

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  • 9. 

    One consequence of 'youth bulge' in demography is?

    • A.

      Rise in dependency ratio

    • B.

      Rise in absolute number of births, even when couples may have fewer children

    • C.

      Both A and B

    • D.

      Neither A nor B

    Correct Answer
    B. Rise in absolute number of births, even when couples may have fewer children
    Explanation
    The 'youth bulge' in demography refers to a situation where there is a large proportion of young people in a population. This can lead to a rise in the absolute number of births, even when couples may have fewer children. This is because there is a larger pool of potential parents in the younger age groups. However, it does not necessarily result in a rise in the dependency ratio, which is the ratio of dependents (children and elderly) to the working-age population. Therefore, the correct answer is the rise in the absolute number of births, even when couples may have fewer children.

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  • 10. 

    What is the cause for a steep decline in population in India as per 1921 census?

    • A.

      Influenza

    • B.

      1st world war

    • C.

      Partition of Bengal

    • D.

      None of these

    Correct Answer
    A. Influenza
    Explanation
    The cause for the steep decline in population in India as per the 1921 census was the Influenza outbreak. Influenza, also known as the Spanish flu, was a highly contagious viral infection that spread rapidly across the world, causing widespread illness and death. The pandemic had a significant impact on India's population, resulting in a sharp decline in numbers during that time.

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Quiz Review Timeline +

Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • Sep 27, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Jan 08, 2015
    Quiz Created by
    Tanmay Shankar
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