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Socio-Economic Environment - 1

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Green Revolution in India has been most successful in

  1. Wheat and Potato

  2. Jowar and Oil Seeds

  3. Wheat and Rice

  4. Tea and Coffee


Correct Option: C
Explanation:

Correct Answer: wheat and rice

Devaluation means

  1. reduction in the value of home currency in terms of other currencies

  2. reduction in interest rates on export loans

  3. Subsidy on imports to make them cheaper in India

  4. subsidy on exports to make them cheaper in other countries


Correct Option: A

Which state has a lower literacy rate than the country's literacy rate according to 2001 census?

  1. Maharashtra

  2. Gujarat

  3. Orissa

  4. West Bengal


Correct Option: C

The Slogan 'Garibi Hatao' was included in the

  1. First Plan

  2. Fifth Plan

  3. Fourth Plan

  4. Second Plan


Correct Option: B

Which rural schemes were merged with Swarna Jayanti Gram Swarojgar Yojana?

  1. TRYSEM and MNP

  2. DPAP and IRDP

  3. NREP and RLEGP

  4. IRDP and TRYSEM


Correct Option: C

The first type of co-operative societies established in India were

  1. credit societies

  2. marketing societies

  3. agriculture societies

  4. housing societies


Correct Option: A

To which group/organisation are maximum goods exported from India?

  1. EEC

  2. Commonwealth nations

  3. SAFTA

  4. OPEC


Correct Option: A

Maastricht Treaty is related to-

  1. Environment Protection

  2. Unification of Europe

  3. Limitation of Atomic Power

  4. Unification of East and West Germany


Correct Option: B

Special Economic Zone Act 2005 was passed by Parliament in May 2005. This Act came into force w.e.f.

  1. January 10, 2006

  2. February 10, 2006

  3. June 23, 2006

  4. July 1, 2006


Correct Option: B

CENVAT is associated with

  1. Rate of Indirect Tax

  2. Rate of Income Tax

  3. Rate of Direct Tax

  4. None of the above


Correct Option: A

Which of the following is the best measure of economic development?

  1. Employment

  2. Size of exports

  3. Rural consumption

  4. National income


Correct Option: D
Explanation:

Correct Answer: National income

According to 2001 census, which state has the highest slum population?

  1. Uttar Pradesh

  2. Maharashtra

  3. Delhi

  4. Orissa


Correct Option: B

VAT has been implemented in India in

  1. all the states

  2. all the states except UP

  3. only in a few states

  4. most of the states


Correct Option: A
Explanation:

Correct Answer: all the states

Economic Planning is in the

  1. Union list

  2. State list

  3. Concurrent list

  4. None of these


Correct Option: C
Explanation:

Correct Answer: Concurrent List

The committee which was associated with prices of petroleum products and their tariff structure is

  1. Dr. Rangarajan Committee

  2. Malegam Committee

  3. Lahiri Committee

  4. Vaidyanathan Committee


Correct Option: A

Dunkel Draft relates to

  1. The Uruguay Round

  2. Atomic treaty among nations

  3. Super 301

  4. Promotion of drug trade


Correct Option: A

Which state government decided to allow contract farming in the state?

  1. Uttar Pradesh

  2. Madhya Pradesh

  3. Punjab

  4. Rajasthan


Correct Option: D

Which pair is not correct?

  1. I Plan - (1951-56)

  2. III Plan - (1966-71)

  3. VI Plan - (1980-85)

  4. X Plan - (2002-2007)


Correct Option: B

Which among the following states is the leading industrialised state?

  1. West Bengal

  2. Orissa

  3. Maharashtra

  4. Madhya Pradesh


Correct Option: C

Which of the following is a direct tax?

  1. Sales tax

  2. Excise duty

  3. Custom duty

  4. None of these


Correct Option: D
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