Select Aspects Of Indian Economy
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What is India's rank in world population?
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First.
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Second.
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Third.
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Fourth.
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Explore key aspects of the Indian economy through this engaging quiz. Topics include population rank, demographic transitions, sex ratio, literacy rates, and historical population milestones, providing insights relevant to students and professionals interested in demography and economics.
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- 2.
Which of the following statements is correct?
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India's population is second largest in the world.
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India is still passing through first stage of demographic transition.
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More people in a country always mean more economic trouble for the country.
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None of the above.
Correct Answer
A. India's population is second largest in the world.Explanation
The correct answer is "India's population is second largest in the world." This statement is correct because India has a population of over 1.3 billion people, making it the second most populous country in the world after China.Rate this question:
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- 3.
HAS stands for
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Easy Assistance Scheme.
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Endless Assistance Scheme.
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Employment Assurance Scheme.
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Employment Assessment Scheme.
Correct Answer
A. Employment Assurance Scheme.Explanation
The correct answer is Employment Assurance Scheme. This is because the acronym HAS stands for a scheme that provides employment assurance. The other options, Easy Assistance Scheme and Endless Assistance Scheme, do not accurately represent the purpose of the acronym. Employment Assessment Scheme is also not a suitable option as it does not convey the idea of providing assurance or assistance in terms of employment. Therefore, the most appropriate option is Employment Assurance Scheme.Rate this question:
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- 4.
Sahara Jet and Kingfisher are examples of
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Private schools.
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Private airlines.
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Private ships.
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Private railways.
Correct Answer
A. Private airlines.Explanation
Sahara Jet and Kingfisher are examples of private airlines because they are both privately owned and operated companies that provide air transportation services. Private airlines are not owned or operated by the government, unlike public airlines which are typically owned by the state. These private airlines cater to the needs of passengers by offering various services and routes, and they compete with other airlines in the industry to attract customers.Rate this question:
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- 5.
Over the years, the incidence of malaria (cases in million) has_________________
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Reduced
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Increased.
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Remained the same.
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Doubled.
Correct Answer
A. ReducedExplanation
The correct answer is "Reduced." This means that the incidence of malaria cases in million has decreased over the years.Rate this question:
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- 6.
Over the years, the number of polio cases has
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Increased.
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Reduced.
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Remained the same.
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Doubled.
Correct Answer
A. Reduced.Explanation
The correct answer is "Reduced." This means that over the years, the number of polio cases has decreased. This suggests that efforts such as vaccination campaigns and public health initiatives have been successful in combating polio and reducing its prevalence.Rate this question:
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- 7.
IIM stands for
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Indian Institute of Marketing.
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Indian Institute of Manpower planning.
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Indian Institute of Management.
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International Institute of Management.
Correct Answer
A. Indian Institute of Management.Explanation
The correct answer is Indian Institute of Management. IIM is a prestigious institution in India that offers various management programs. It is known for its high-quality education and rigorous selection process. The institute has multiple campuses across the country and is recognized for producing top-notch business leaders and entrepreneurs.Rate this question:
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- 8.
India's present population is
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Between 50-60 crore.
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Between 60-70 crore.
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Between 70-80 crore.
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Above 117 crore.
Correct Answer
A. Above 117 crore. -
- 9.
The highest user of commercial energy is
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Agriculture.
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Transport.
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Household.
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Industry.
Correct Answer
A. Industry.Explanation
The correct answer is Industry. Industries require a significant amount of energy to operate their machinery and production processes. They consume large amounts of electricity, fossil fuels, and other forms of energy to power their operations. This includes manufacturing plants, factories, and processing facilities. The energy usage in industries is typically much higher compared to other sectors such as agriculture, transport, and households.Rate this question:
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- 10.
Which state shows are lowest infant mortality rate in India?
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Uttar Pradesh
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Andhra Pradesh
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Kerala
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Tamil Nadu
Correct Answer
A. KeralaExplanation
Kerala has the lowest infant mortality rate in India. This means that Kerala has the lowest number of deaths of infants under the age of one per 1,000 live births compared to the other states mentioned. This indicates that Kerala has better healthcare facilities, infrastructure, and access to medical services, resulting in a lower infant mortality rate.Rate this question:
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- 11.
NTPC stands for
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National Thermal Power Corporation.
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National Tidal Power Corporation.
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National Theological Power Corporation.
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National Talent and Potential Corporation.
Correct Answer
A. National Thermal Power Corporation.Explanation
NTPC stands for National Thermal Power Corporation. This is the correct answer because NTPC is a well-known government-owned power generation company in India that specializes in thermal power generation. The acronym clearly indicates the focus on thermal power, which is the generation of electricity using heat from burning coal, oil, or gas. The other options, such as National Tidal Power Corporation, National Theological Power Corporation, and National Talent and Potential Corporation, do not accurately represent the purpose or focus of NTPC.Rate this question:
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- 12.
A situation of employment in which a person is apparently employed but his contribution to the production is almost nil is called__________ unemployment.
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Structural.
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Chronic.
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Disguised.
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Cyclical.
Correct Answer
A. Disguised.Explanation
Disguised unemployment refers to a situation where a person is employed but their contribution to production is minimal or unnecessary. In this case, the person appears to be employed but their work does not significantly contribute to the overall output. This type of unemployment is often seen in sectors where there is an excess supply of labor, and individuals are engaged in jobs that do not fully utilize their skills or abilities.Rate this question:
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- 13.
The annual addition to India's population is almost equal to the total population of
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Bangladesh.
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Australia.
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Japan.
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China.
Correct Answer
A. Australia.Explanation
The annual addition to India's population is almost equal to the total population of Australia. This means that each year, India's population increases by a similar number of people as the entire population of Australia. This highlights the significant growth and size of India's population, as well as the relatively smaller population of Australia.Rate this question:
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- 14.
Our postal network is_______________________ in the world.
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The largest network.
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Fifth smallest.
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Tenth largest.
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Tenth smallest.
Correct Answer
A. The largest network.Explanation
The correct answer is "The largest network." This means that our postal network is the biggest or most extensive in the world. It implies that our postal system has the most number of post offices, delivery routes, and coverage compared to any other country.Rate this question:
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- 15.
On an average, one post office in India serves________________ .
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100 persons.
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1000 persons.
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7176 persons.
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5800 persons.
Correct Answer
A. 7176 persons.Explanation
On average, one post office in India serves 7176 persons. This means that the number of people served by each post office is relatively high, indicating a significant workload for the post office staff. This could be due to factors such as population density, lack of access to other communication channels, or the efficiency of the postal service in reaching remote areas. The high number suggests that post offices in India play a crucial role in meeting the communication needs of a large population.Rate this question:
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- 16.
The __________ continued to be the principal destination of India's total exports in 2008-09.
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Japan
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United States of America
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South Korea
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Russia
Correct Answer
A. United States of AmericaExplanation
In 2008-09, the United States of America remained the main recipient of India's total exports. This suggests that a significant portion of India's exported goods and services were being sent to the United States during that period.Rate this question:
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- 17.
There are about______________ phones per hundred population in India.
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64.34.
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12.85.
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13.83.
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15.15.
Correct Answer
A. 64.34.Explanation
The correct answer is 64.34. This means that there are approximately 64.34 phones per hundred population in India. This indicates a relatively high penetration of mobile phones in the country, suggesting that a significant portion of the population owns a mobile phone.Rate this question:
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- 18.
India accommodates nearly __________________ per cent of world's population.
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10.
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50.
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16.7.
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45.
Correct Answer
A. 16.7.Explanation
India accommodates nearly 16.7% of the world's population. This means that out of every 100 people in the world, approximately 16 to 17 of them live in India. This statistic highlights the significant population size of India and its impact on global demographics.Rate this question:
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- 19.
When due to introduction of new machinery, some workers tend to be replaced by machines, their unemployment is termed as________.
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Structural.
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Technological.
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Mechanical.
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Seasonal.
Correct Answer
A. Technological.Explanation
When workers are replaced by machines due to the introduction of new machinery, their unemployment is termed as technological unemployment. This type of unemployment occurs when technological advancements and automation lead to a decrease in the demand for human labor. It is a result of the shift from human labor to machines and technology in the production process.Rate this question:
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- 20.
SJSRY stands for
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Swaran Jayanti Shahari Rozgar Yojana.
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Shahari Jeewan Sudhar Rashtriya Yojana.
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Sampoorna Jeewan Shahari Rozgar Yojana.
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None of the above.
Correct Answer
A. Swaran Jayanti Shahari Rozgar Yojana.Explanation
SJSRY stands for Swaran Jayanti Shahari Rozgar Yojana.Rate this question:
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- 21.
EPCG scheme stands for
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Export Package For Capital Goods.
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Export Promotion Capital Goods.
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Excise Promotion Capital Goods.
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Excise Package For Capital Goods.
Correct Answer
A. Export Promotion Capital Goods.Explanation
The correct answer is Export Promotion Capital Goods. The EPCG scheme is a government initiative in India that aims to promote exports by allowing import of capital goods at a concessional customs duty rate. Under this scheme, exporters can import capital goods for their production units without paying the full customs duty, thus reducing their costs and making their products more competitive in the international market.Rate this question:
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- 22.
NLM stands for
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National Leprosy Mission.
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National Logistic Mission.
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National Literacy Mission.
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National Law Mission.
Correct Answer
A. National Literacy Mission.Explanation
The correct answer is National Literacy Mission. NLM stands for National Literacy Mission, which is a government initiative in India aimed at eradicating illiteracy and promoting education for all. It focuses on providing functional literacy to non-literates in the age group of 15-35 years and improving the literacy rate in the country. The mission aims to empower individuals through education and enable them to participate fully in the socio-economic development of the nation.Rate this question:
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- 23.
When the government tries to meet the gap of public expenditure and public revenue through borrowing from the banking system, it is called_____________.
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Deficit financing.
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Debt financing.
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Credit financing.
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None of the above.
Correct Answer
A. Deficit financing.Explanation
Deficit financing refers to the practice of a government borrowing money from the banking system to cover the gap between its public expenditure and public revenue. This method is used when the government's expenses exceed its income, resulting in a budget deficit. By borrowing from the banking system, the government can meet its financial obligations and continue its operations. Debt financing, on the other hand, generally refers to borrowing funds from external sources such as bonds or loans. Credit financing is a more general term that can encompass various forms of borrowing, including both deficit financing and debt financing.Rate this question:
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- 24.
Which year is known as year of great divide for India's population?
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1991.
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2001.
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1981.
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1921.
Correct Answer
A. 1921.Explanation
The year 1921 is known as the year of great divide for India's population because it marked a significant shift in the country's demographic patterns. The Census of India conducted in 1921 revealed a substantial decrease in the Hindu population and a significant increase in the Muslim population. This shift was primarily attributed to the partition of Bengal in 1905 and the subsequent communal tensions between Hindus and Muslims. The demographic changes observed in 1921 had long-lasting implications for the political and social landscape of India.Rate this question:
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- 25.
In which state/union territory is the literacy rate highest?
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Delhi.
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Chandigarh.
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Karnataka.
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Kerala.
Correct Answer
A. Kerala.Explanation
Kerala has the highest literacy rate among all the states and union territories in India. This is because of the state's strong emphasis on education and high investment in the education sector. Kerala has a well-developed education system with a high number of schools and colleges. The state also has a high literacy rate among both males and females, indicating a strong commitment to education for all. Additionally, Kerala's social indicators, such as healthcare and gender equality, also contribute to its high literacy rate.Rate this question:
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- 26.
Work force refers to that part of:
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Labour force which is employed.
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Population which is unemployed.
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Population which is forced to work.
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Labour force which is unemployed.
Correct Answer
A. Labour force which is employed.Explanation
The correct answer is "Labour force which is employed." Workforce refers to the part of the labor force that is currently employed. It includes individuals who are actively working and contributing to the economy. This term is often used to describe the total number of people employed by a company or within a particular industry or sector. It does not include the population that is unemployed or forced to work.Rate this question:
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- 27.
Which of the following statements is correct?
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The demand and the supply of fuel are almost equal.
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Our import bill on account of oil has been decreasing since 1990.
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Oil prices have been decreasing since 1973.
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Transmission and distribution losses of power companies are very high.
Correct Answer
A. Transmission and distribution losses of power companies are very high.Explanation
The correct answer is "Transmission and distribution losses of power companies are very high." This statement implies that power companies are experiencing significant losses in the process of transmitting and distributing electricity. It suggests that there may be inefficiencies or technical issues in the power grid, resulting in a substantial amount of lost energy.Rate this question:
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- 28.
India is the world's_______________ largest energy consumer.
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Second.
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Seventh
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First.
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Fifth.
Correct Answer
A. Fifth.Explanation
India is the world's fifth-largest energy consumer. This means that India ranks fifth in terms of energy consumption among all countries globally.Rate this question:
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- 29.
Sex ratio refers to the numbers of females per ____________ males
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100
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300
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1000
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None of the above
Correct Answer
A. 1000Explanation
Sex ratio refers to the numbers of females per 1000 males. It is a measure used to determine the balance between males and females in a population. A sex ratio of 1000 means that for every 1000 males, there are a certain number of females. This ratio is often used to analyze demographic trends and understand the gender distribution in a given population.Rate this question:
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- 30.
In which state is the sex ratio most favourable to women?
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Andhra Pradesh.
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Uttar Pradesh.
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Kerala.
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Karnataka.
Correct Answer
A. Kerala.Explanation
Kerala has the most favorable sex ratio to women compared to the other states mentioned. Sex ratio is a measure of the number of females per 1000 males in a population. A higher sex ratio indicates a larger number of females relative to males, which is generally considered more favorable for women. Kerala has consistently shown a higher sex ratio, indicating better gender balance and potentially better social and economic conditions for women in the state.Rate this question:
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- 31.
In the theory of demographic transition in the last stage,
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Birth rate rises, death rate rises.
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Birth rate rises, death rate falls.
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Birth rate falls, death rate rises.
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Birth rate falls, death rate falls.
Correct Answer
A. Birth rate falls, death rate falls.Explanation
In the theory of demographic transition, the last stage is characterized by a decline in both birth rate and death rate. This decline is often attributed to various factors such as improved healthcare, access to contraception, and economic development. As societies progress and become more developed, people tend to have fewer children and experience lower mortality rates, resulting in a decrease in both birth and death rates.Rate this question:
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- 32.
Electricity generated from radio active elements is called
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Thermal electricity.
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Atomic energy.
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Hydel electricity.
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Tidal energy.
Correct Answer
A. Atomic energy.Explanation
Electricity generated from radioactive elements is called atomic energy. Radioactive elements such as uranium or plutonium undergo a process called nuclear fission, where their atomic nuclei are split, releasing a large amount of energy in the form of heat. This heat is then used to generate steam, which drives turbines connected to generators to produce electricity. Atomic energy is a powerful and efficient source of electricity, but it also poses potential risks and challenges in terms of waste disposal and safety measures.Rate this question:
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- 33.
_________ is a systematic record of all the economic transactions between one country and rest of the world.
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Balance of trade.
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Balance of transactions.
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Budget.
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Balance of payments.
Correct Answer
A. Balance of payments.Explanation
Balance of payments is a systematic record of all the economic transactions between one country and the rest of the world. It includes both visible and invisible transactions, such as imports, exports, investments, and transfers. It provides a comprehensive view of a country's economic relationship with other nations and helps in analyzing the overall economic performance and financial position of a country.Rate this question:
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- 34.
FRBM Act stands for
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Fiscal Revenue and Budget Management.
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Foreign Revenue and Business Management.
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Fiscal Responsibility and Budget Management.
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Foreign Responsibility and Budget Management.
Correct Answer
A. Fiscal Responsibility and Budget Management.Explanation
The correct answer is "Fiscal Responsibility and Budget Management". The FRBM Act is a legislation that was enacted in India in 2003 to ensure fiscal discipline and responsible budget management. It aims to reduce the fiscal deficit and bring down the debt-to-GDP ratio to a sustainable level. The Act sets targets for the government to adhere to in terms of fiscal deficit, revenue deficit, and overall debt. It also mandates the establishment of fiscal responsibility and budget management committees at the central and state levels to monitor and enforce compliance with the Act's provisions.Rate this question:
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- 35.
In 2008-09,_________________ continued to be the major source of India's imports.
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Asia and ASEAN
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EU
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North America
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South America
Correct Answer
A. Asia and ASEANExplanation
In 2008-09, Asia and ASEAN continued to be the major source of India's imports. This suggests that a significant portion of India's imports during that time period came from countries in Asia and the ASEAN region.Rate this question:
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- 36.
Among the top 15 debtor countries of the world, India is ranked at ______________.
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Tenth
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Fifteenth
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Fifth
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Ninth
Correct Answer
A. FifthExplanation
India is ranked fifth among the top 15 debtor countries of the world. This means that India is the fifth country with the highest amount of debt among these 15 countries.Rate this question:
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- 37.
The birth rate in India is high because of
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Predominance of agriculture.
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Slow urbanisation.
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High incidence of poverty.
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All of the above.
Correct Answer
A. All of the above.Explanation
The birth rate in India is high due to a combination of factors. Firstly, the predominance of agriculture in the country contributes to a higher birth rate as larger families are needed to work on farms and support agricultural activities. Secondly, slow urbanization also plays a role as rural areas tend to have higher birth rates compared to urban areas. Lastly, the high incidence of poverty in India leads to a lack of access to education and healthcare, which in turn contributes to a higher birth rate. Therefore, all of these factors combined contribute to the high birth rate in India.Rate this question:
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- 38.
__________________ measures the operational efficiency of a thermal plant.
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Power load factor.
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Power leakage factor.
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Plant load factor.
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Plant leakage factor.
Correct Answer
A. Plant load factor.Explanation
Plant load factor measures the operational efficiency of a thermal plant. It is the ratio of the actual energy output of the plant to the maximum possible energy output if the plant operated at full capacity for a specific period. A higher plant load factor indicates that the plant is operating closer to its maximum capacity and is therefore more efficient.Rate this question:
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- 39.
Considering State Electricity Boards (SEBs) central sector and private sector, PLF is highest in______________ .
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Private sector.
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SEBs
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Central sector.
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Both for SEBs and private sector.
Correct Answer
A. Private sector.Explanation
The PLF (Plant Load Factor) refers to the actual energy output of a power plant compared to its maximum possible output. The statement suggests that the PLF is highest in the private sector. This means that private sector power plants are operating at a higher efficiency and generating more electricity compared to SEBs (State Electricity Boards) and the central sector. This could be due to various factors such as better maintenance, use of advanced technology, and efficient management practices in the private sector.Rate this question:
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- 40.
Of the major 12 ports, ________ is the top traffic handler.
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Paradip.
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Cochin.
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Kandla.
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Mumbai.
Correct Answer
A. Kandla.Explanation
Kandla is the correct answer because it is known as the top traffic handler among the major 12 ports. This implies that Kandla handles the highest amount of traffic compared to the other ports mentioned (Paradip, Cochin, and Mumbai).Rate this question:
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- 41.
Who is regulatory authority for telecom in India?
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SEBI.
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TRAI.
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MTNL.
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BSNL.
Correct Answer
A. TRAI.Explanation
The correct answer is TRAI. TRAI, which stands for Telecom Regulatory Authority of India, is the regulatory authority for the telecom sector in India. It was established in 1997 with the aim of regulating and promoting fair competition in the telecom industry, protecting the interests of consumers, and ensuring the growth and development of the sector. TRAI is responsible for the formulation and implementation of various regulations and policies related to tariffs, quality of service, interconnection, and licensing, among others.Rate this question:
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- 42.
When prices are falling continuously, the phenomenon is called_____.
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Inflation.
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Stagflation.
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Deflation.
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Reflation.
Correct Answer
A. Deflation.Explanation
Deflation is the correct answer because it refers to a persistent decrease in the general price level of goods and services in an economy over a period of time. It is characterized by falling prices, which can be caused by factors such as decreased demand, oversupply, or a decrease in the money supply. Inflation, on the other hand, refers to a sustained increase in the general price level, while stagflation is a combination of high inflation and stagnant economic growth. Reflation, on the other hand, refers to policies aimed at stimulating economic growth and increasing inflation.Rate this question:
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- 43.
_________________ is the difference between total receipts and total expenditure.
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Fiscal deficit.
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Budget deficit.
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Revenue deficit.
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Capital deficit.
Correct Answer
A. Budget deficit.Explanation
The correct answer is budget deficit. Budget deficit is the difference between total receipts and total expenditure. It occurs when the government's spending exceeds its revenue. This can lead to borrowing or increasing the national debt. Fiscal deficit refers to the total borrowing needs of the government, while revenue deficit is the difference between revenue expenditure and revenue receipts. Capital deficit is not a commonly used term in relation to government finances.Rate this question:
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- 44.
According to_____________________ measure, a person is said to be employed for the week even if he is employed only for a day during the week.
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Usual status.
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Current weekly status.
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Current daily status.
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Current yearly status.
Correct Answer
A. Current weekly status.Explanation
According to the current weekly status measure, a person is considered employed for the entire week, even if they are only employed for a single day during that week. This measure focuses on the current week and does not take into account the person's employment status on a daily or yearly basis.Rate this question:
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- 45.
According to National Sample Survey Organisation (NSSO) during 2007-08:
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The unemployment rates for the urban area in the CDS approach is 5%.
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The unemployment rates for the urban area in the CDS approach is 7%.
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The unemployment rates for the urban area in the CDS approach is 6%.
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None of the above.
Correct Answer
A. The unemployment rates for the urban area in the CDS approach is 7%. -
- 46.
In terms of generation of power___________________________ 's contribution, is the maximum.
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Hydel.
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Nuclear.
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Thermal.
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Others.
Correct Answer
A. Thermal.Explanation
Among the given options, thermal power generation contributes the most to the generation of power. This is because thermal power plants use fossil fuels such as coal, oil, or natural gas to produce steam, which in turn drives turbines to generate electricity. Thermal power plants have a high capacity and are widely used for power generation globally. On the other hand, hydel power generation utilizes the energy from flowing or falling water, while nuclear power generation uses nuclear reactions to produce heat and generate electricity. The option "Others" is too vague to determine its contribution to power generation.Rate this question:
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- 47.
Most of the unemployment in India is________________________ .
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Voluntary
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Structural
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Frictional
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Technical
Correct Answer
A. StructuralExplanation
The correct answer is "Structural." Structural unemployment refers to the unemployment that occurs due to a mismatch between the skills and qualifications of the workforce and the requirements of the available jobs. In India, structural unemployment is a significant issue as there is often a lack of job opportunities that align with the skills and education of the workforce. This type of unemployment is more long-term and requires interventions such as job training programs and policies to address the skills gap and create more suitable employment opportunities.Rate this question:
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- 48.
When too much money chases too few goods, the resulting inflation is called
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Deflation.
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Demand-pull inflation.
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Cost-push inflation.
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Stagflation.
Correct Answer
A. Demand-pull inflation.Explanation
When there is an excess of money in the economy and a limited supply of goods, it leads to an increase in demand for those goods. This increase in demand causes prices to rise, resulting in inflation. This type of inflation is known as demand-pull inflation because it is driven by the demand side of the economy.Rate this question:
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- 49.
_____________ measure generally gives the lowest estimate of unemployment especially for poor economy.
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Usual status.
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CWS.
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CDS.
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CMS.
Correct Answer
A. Usual status.Explanation
The usual status measure generally gives the lowest estimate of unemployment, especially for a poor economy. This is because the usual status measure only considers individuals who are actively seeking work and are available for work during the reference period. It does not include individuals who are discouraged or have given up looking for work, as well as those who are underemployed or working part-time but would prefer full-time employment. Therefore, the usual status measure may not accurately capture the true extent of unemployment in a struggling economy.Rate this question:
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Jan 19, 2024Quiz Edited by
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Feb 23, 2012Quiz Created by
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