Economic Development Includes:

(a) Quantitative Changes (b) Qualitative Changes (c) Both a and b (d) Standard of Living

  • Ans. Both a and b

Infant mortality rate is the number of deaths of infants of below the age of:

(a) One Year (b) Two years (c) Three Years (d) Four years

  • Ans. One Year

PQLI was designed by:

(a) Morris D. Morris (b) UNDP (c) UNO (d) UNICEF

  • Ans. Morris D. Morris

What is the HDI rank of India in 2021?

(a) 129 (b) 130 (c) 131 (d) 132

  • Ans. 132

What is the ratio of BPL population of Kerala?

(a) 6.05% (b) 7.00% (c) 7.05% (d) 7.10%

  • Ans. 7.05%

What percentage of India's population lives under BPL according to the census of 2011 ?

(a) 20.9% (b) 21.9% (c) 22.9% (d) 23.9%

Ans. 21.9%

Maternal mortality rate is measured as the number of deaths of mothers while giving birth to ............................ number of child.

(a) 1000 (b) 10000 (c) 100000 (d) 1000000

  • Ans. 100000

At what time are the customers allowed to withdraw money from their Demand deposits?

(a) Anytime (b) Before the expiry of the time (c) After the expiry of the time (d) Never

  • Ans. Anytime

Which one of the following is not a function of money?

(a) Medium of Exchange (b) Measure of Value (c) Store of Value (d) Saving account

  • Ans. Saving account

Which one of the following is not a formal source of credit?

(a) Nationalized Bank (b) Cooperatives (c) Private Banks (d) Mahajans

  • Ans. Mahajans

Which types of economic activities are included in secondary sector?

(a) Mining (b) Manufacturing (c) Transportation and Communication (d) All of These

  • Ans. Manufacturing

The contribution of service sector in India's GDP in 2020-21 is:

(a) 50.4% (b) 51.3% (c) 52.8% (d) 53.89%

  • Ans. 53.89%

Overall growth rate of service sector during the planning period is:

(a) 8% (b) 9% (c) 10% (d) 11%

  • Ans. 9%

National Level consumer courts deal with the claims of rupees ( ) exceeding:

(a) 25 Lakh (b) 1 Crore (c) 50 Lakh (d) 5 Lakh

  • Ans. 1 Crore

Which of the following is the benefit of insurance ?

(a) It provides protection in times of risk.

(b) It helps in buying and selling of shares.

(c) From this, a person can get moeny whenever he wants.

(d) It does not leave a person short of money.

  • Ans. It provides protection in times of risk.

Human capital includes:

(a) Teachers (b) Doctors (c) Engineers (d) All of these

  • Ans. All of these

The average annual growth rate of population in India is:

(a) 1.6% (b) 1.7% (c) 1.8% (d) 1.9%

Ans. 1.7%

In the present time, the amount of government expenditure on health and education facilities is almost:

(a) 4% (b) 5% (c) 6% (d) 7%

  • Ans.4%

Service sector is contributing almost___________ percentage in India's foreign trade.

(a) 19% (b) 20% (c) 21% (d) 22%

  • Ans. 20%

The trade which takes place among countries is known as :

(a) foreign trade (b) regional trade (c) both a and b (d) None of the above

  • Ans. foreign trade

What was/were the major reasons to adopt new economic policy ?

(a) deficit in balance of payment (b) hike in inflation rate (c) decrease in foreign exchange reserves (d) all of the above

  • Ans. all of the above

When did India become a member of WTO?

(a) January 1, 1994 (b) January 1, 1995 (c) January 1, 1996 (d) January 1, 1997

  • Ans. January 1, 1995

What are the benefits of globalisation?

(a) Equal benefits for all

(b) new opportunities for skilled and unskilled labour

(c) Both a and b

(d) None of above

  • Ans. Both a and b

In India 'National Consumer's Day' is celebrated every year on:

(a) 15 August (b) 26 January (c) 24 December (d) 15 March

  • Ans. 24 December

AGMARK is a logo for:

(a) Safety Products (b) Jewellery (c) Agricultural Products (d) Processed Food

  • Ans. Agricultural Products

COPRA was enacted in the year:

(a) 1986 (b) 1960 (c) 1947 (d) 1990

  • Ans. 1986

Which of the following reflects the importance of a stock exchange market ?

(a) It provides funds for the growth of companies

(b) It increases the level of economic activities

(c) It increases productivity of the country

(d) All the above

Ans. All the above

Which of the following should be kept in mind before investing in the stock exchange market ?

(a) All money should not be invested in one company.

(b) The help of brokerage company should be taken

(c) Estimate of rate of risk should be made prior.

(d) All of the above

  • Ans. All of the above

The Word ‘Punjab’is the combination of the words of which language?

a) Arabian b) Persian c) Sindhi d) Hindi

  • Ans: Persian

Which of the following names was never given to Punjab?

a) Pentapotamia b) Taki c) Tsekia d) Hodu

  • Ans:-Hodu

In the period of which Mughal Emperor was the land between the two rivers called ‘Doaba’?

a) Babar b) Humayun c) Akbar d) Jahangir

  • Ans. Akbar

Which frontier of India is Punjab situated in ?

a) North East b) North West c) North South d) South west

  • Ans. North South

Pakistani Punjab is called______

a) Western Punjab b) Eastern Punjab c) North West Punjab d) North East Punjab

  • Ans. Western Punjab

Which river situated in extreme east of Punjab is described in the vedic literature of Punjab?

a) Indus b) Jhelum c) Saraswati d) Chenab

  • Ans. Saraswati

What name was given to Punjab during the period of Ramayana and Mahabharata?

a) Taki b) Sapta Sindhu c) Tsekai d) Panchnada

  • Ans. Panchnada

What name was given to Punjab by Chinese traveler Hieun Tsang?

a) Tsekai b) Punjab c) Brahamputra d) Border area state

  • Ans. Tsekai

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