The Significance of Energy and Natural Resources in India's Trade and Commerce

Description: This quiz covers the significance of energy and natural resources in India's trade and commerce.
Number of Questions: 15
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Tags: indian economics economic impact of energy and natural resources on india the significance of energy and natural resources in india's trade and commerce
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Which of the following is NOT a major energy resource in India?

  1. Coal

  2. Oil

  3. Natural gas

  4. Hydropower


Correct Option: B
Explanation:

India is not a major producer of oil and relies heavily on imports to meet its demand.

Which of the following is the largest consumer of energy in India?

  1. Industry

  2. Transportation

  3. Agriculture

  4. Residential


Correct Option: A
Explanation:

The industrial sector is the largest consumer of energy in India, accounting for over 40% of total consumption.

What is the primary source of electricity generation in India?

  1. Coal

  2. Oil

  3. Natural gas

  4. Renewable energy


Correct Option: A
Explanation:

Coal is the primary source of electricity generation in India, accounting for over 70% of total generation.

Which of the following is NOT a major natural resource in India?

  1. Coal

  2. Iron ore

  3. Copper

  4. Bauxite


Correct Option: C
Explanation:

India is not a major producer of copper and relies heavily on imports to meet its demand.

Which of the following is the largest exporter of iron ore in India?

  1. NMDC

  2. SAIL

  3. RINL

  4. Essar Steel


Correct Option: A
Explanation:

NMDC is the largest exporter of iron ore in India, accounting for over 50% of total exports.

Which of the following is the largest importer of coal in India?

  1. NTPC

  2. DVC

  3. NHPC

  4. Reliance Power


Correct Option: A
Explanation:

NTPC is the largest importer of coal in India, accounting for over 40% of total imports.

What is the impact of energy and natural resources on India's trade balance?

  1. It has a positive impact.

  2. It has a negative impact.

  3. It has no impact.

  4. It depends on the specific energy and natural resource.


Correct Option: B
Explanation:

India's reliance on imports of energy and natural resources has a negative impact on its trade balance, as it leads to a widening of the trade deficit.

How does the availability of energy and natural resources affect India's economic growth?

  1. It has a positive impact.

  2. It has a negative impact.

  3. It has no impact.

  4. It depends on the specific energy and natural resource.


Correct Option: A
Explanation:

The availability of energy and natural resources is essential for economic growth, as they provide the inputs for various industries and sectors.

What are the challenges faced by India in the energy and natural resources sector?

  1. Scarcity of resources

  2. Environmental degradation

  3. Lack of infrastructure

  4. All of the above


Correct Option: D
Explanation:

India faces a number of challenges in the energy and natural resources sector, including scarcity of resources, environmental degradation, and lack of infrastructure.

What are the government's policies to address the challenges in the energy and natural resources sector?

  1. Promoting renewable energy

  2. Improving energy efficiency

  3. Encouraging investment in exploration and production

  4. All of the above


Correct Option: D
Explanation:

The government has implemented a number of policies to address the challenges in the energy and natural resources sector, including promoting renewable energy, improving energy efficiency, and encouraging investment in exploration and production.

What is the role of energy and natural resources in India's foreign policy?

  1. It influences India's relations with other countries.

  2. It is a source of conflict between India and other countries.

  3. It is a source of cooperation between India and other countries.

  4. All of the above


Correct Option: D
Explanation:

Energy and natural resources play a significant role in India's foreign policy, as they influence India's relations with other countries, can be a source of conflict, and can also be a source of cooperation.

How does India's energy and natural resources sector contribute to its economic development?

  1. It provides employment opportunities.

  2. It generates revenue for the government.

  3. It contributes to the growth of industries.

  4. All of the above


Correct Option: D
Explanation:

India's energy and natural resources sector contributes to its economic development in a number of ways, including providing employment opportunities, generating revenue for the government, and contributing to the growth of industries.

What are the environmental impacts of energy and natural resources extraction and use in India?

  1. Air pollution

  2. Water pollution

  3. Land degradation

  4. All of the above


Correct Option: D
Explanation:

The extraction and use of energy and natural resources in India has a number of environmental impacts, including air pollution, water pollution, and land degradation.

What are the social impacts of energy and natural resources extraction and use in India?

  1. Displacement of communities

  2. Loss of livelihoods

  3. Health problems

  4. All of the above


Correct Option: D
Explanation:

The extraction and use of energy and natural resources in India has a number of social impacts, including displacement of communities, loss of livelihoods, and health problems.

What are the future prospects for energy and natural resources in India?

  1. Increased demand for energy and natural resources

  2. Transition to renewable energy sources

  3. Improved energy efficiency

  4. All of the above


Correct Option: D
Explanation:

The future prospects for energy and natural resources in India include increased demand for energy and natural resources, transition to renewable energy sources, and improved energy efficiency.

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