Indian Economy – Yearwise Questions – Sectors Of Economy – W.B.C.S. Mains Examination.
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WBCS Main Question Paper – 2019
- Find the odd one out:
India’s Top Imports include
(A) Gems
(B) Precious Metals
(C) Oil
(D) Diamond - The Green Revolution in agriculture has made the Indian farmers
dependent on
(A) Machines
(B) Fertilizers and Pesticides
(C) Indigenous
(D) Availability of Micro-nutrients - Which among the following will be a debit entry in India’s balance of
payments?
(A) Imports of goods by India
(B) Income of Indian investments abroad
(C) Receipts of transfer payments
(D) Exports of services by India - In the composition of National Income in India the contribution of the is
the highest.
(A) Primary Sector
(B) Secondary Sector
(C) Service Sector
(D) Social Sector - Find the odd one:
India’s major Import partners are
(A) China
(B) The US
(C) The UAE
(D) UK - MSMEs Development Act, 2006 defines Medium Service Sector
(A) above Rs. 2 crore to Rs. 5 crore.
(B) above Rs. 5 crore to Rs. 10 crore.
(C) up to Rs. 25 lakh.
(D) above Rs. 10 lakh to Rs. 2 crore. - Area of Black Revolution:
(A) Oil seeds
(B) Fish
(C) Cotton
(D) Petroleum production - Find the odd one in the list of Navaratnas (IT)
(A) Bharat Electronics Limited (BEL)
(B) Rashtriya Ispat Nigam Limited (RINL)
(C) National Thermal Power Corporation (NTPC)
(D) Hindustan Aeronautics Limited (HAL)
WBCS Main Question Paper – 2018
- India’s first operational special economic zone (SEZ) is located at
a) Ahmadabad
b) Surat
c) Jaipur
d) Indore - Which state is the biggest tea producer in the country?
a) Andhra Pradesh - b) Sikkim
c) Assam
d) West Bengal - Which among the following state has highest number of Export Oriented
Units in India?
a) Tamil Nadu
b) Maharashtra
c) Karnataka
d) Andhra Pradesh - Black Revolution is related to
a) Fist production
b) Coal production
c) Crude oil production
d) Mustard production - Who is the originator of Green Revolution in India?
a) Normal E. Borlaug
b) M S Swaminathan
c) Carry Backer
d) None of the above - The increase in oil seeds production was due to
a) White revolution
b) Yellow revolution
c) Green revolution
d) Brown revolution - The biggest public sector undertaking in India is
a) Iron and Steel plants
b) Airways
c) Railways
d) Roadways - Main argument in favour of small scale and cottage industries in India is that
a) cost of production is low
b) they require small capital investment
c) they advance the goal of equitable distribution of wealth.
d) they generate large volume of employment - Which of the following sector does not come under the service sector in
India?
a) Real Estate
b) Transport
c) Restaurants & Hotels
d) Formation of electronic television - Consider the following statements and identify the right ones:
i) National Mission for Sustainable Agriculture has been conceptualized to
recognize the challenge of climate change to Indian agriculture.
ii) It is one of the eight missions under the NAPCC.
a) (i) only
b) (ii) only
c) Both of the above
d) None of the above
WBCS Main Question Paper – 2017
- What is the mainstay of Indian economy ?
(A) Manufacturing
(B) Business
(C) Public sector
(D) Agriculture - Contribution of agriculture to Gross National Products is
approximately
(A) 14%
(B) 15%
(C) 16.5%
(D) 17.5% - National Agricultural Insurance Scheme was implemented on
(A) Oct. 1997
(B) Oct. 1998
(C) Oct. 1999
(D) Oct. 2000 - The mineral in which India depends largely on imports is
(A) iron ore
(B) mercury
(C) mica
(D) bauxite - India earns maximum foreign exchange by the export of
(A) Iron
(B) Tea
(C) Handloom
(D) Textiles - The New Industrial Policy in India was announced in 2 phases
(A) 24 July, 1992; 6 August 1992
(B) 6 July, 1991; 24 August 1991
(C) 24 July, 1991; 6 August 1991
(D) 6 July, 1992; 24 August 1991 - Under the Monopolies and Restrictive Trade Practices Act (MRTP Act)
1969, those firms were classified as monopolies or MRTP firms which have
(A) assets above a certain size
(B) high expenditure in research & development
(C) transfer-pricing
(D) marketing services - For India, the government has taken the following measures for
improving the conditions of agricultural workers
(A) Minimum wages
(B) Resettlement of land
(C) Abolition of bonded labour
(D) All of the above - In the last one decade, which one among the following sectors has
attracted the highest foreign direct investment inflows into India ?
(A) Chemicals other than fertilizers
(B) Services sector
(C) Food processing
(D) Telecommunication - The thrust of land reforms in India has been in respect of the three
aspects of the agrarian system which are
(A) land tenurial system, strengthening legal system and high investment
(B) land tenurial system, redistribution of land and consolidation of
scattered holding
(C) ensuring people’s participation, co-operative farming and high
investment
(D) None of the above - What was the main objective of Green Revolution in India ?
(A) To increase the extent of cash crop cultivation
(B) To increase the area of Green forest under social forestry scheme
(C) Modernisation of agriculture through science and technology
(D) To introduce the Japanese method of paddy cultivation - In India, the State Financial Corporation have given assistance mainly
to develop
(A) Irrigation projects
(B) Small-scale industries
(C) Medium-scale industries
(D) Medium & small-scale industries - Indian farmers insurance against crop failure is the process of one of
the major methods of risks coverage by Indian farmers in
(A) mixed cropping
(B) dry farming
(C) relay cropping
(D) share cropping - National Agricultural Insurance scheme replacing comprehensive
Crop Insurance Scheme was introduced in the year
(A) 1997
(B) 1998
(C) 1999
(D) 2000 - In which sector, the Public Sector is most dominant in India ?
(A) Transport
(B) Commercial banking
(C) Steel production
(D) Organised term-lending financial institutions - ‘Globalisation of Indian economy’ means :
(A) stepping up external borrowings
(B) establishing Indian shopping malls in abroad
(C) giving up programmes of import substitution
(D) having minimum possible restriction on economic relations with
other countries - The contribution of agriculture to India’s economy is
(A) constant
(B) increasing
(C) decreasing
(D) None of the above - Foreign Direct Investment ceilings in the telecom sector have been
raised from 74% to
(A) 80 %
(B) 83 %
(C) 90 %
(D) 100 %
WBCS Main Question Paper – 2016
- What are the principal items of India’s import at present-
(A) Electronic goods
(B) Chemical items
(C) Gold and Silver
(D) Fuel (petroleum goods) - Foreign Direct Investment in India is the highest from ——–
(A) United States
(B) Mauritius
(C) Japan
(D) Korea - In the composition of the National Income in India the contribution of the
_______ is the highest
(A) Primary sector
(B) Secondary
(C) Services sector
(D) Social sector - Revenues from Service Tax have been-
(A) increasing year after year
(B) decreasing year after year
(C) static year after year
(D) None of the above - Foreign Direct Investment ceilings in the telecom sector have been
raised from 74% to –
(A) 80%
(B) 83%
(C) 90%
6. Which of the following industries was de-reserved in 1993 ?
(A) Atomic energy
(B) Atopic minerals
(C) Mining of copper and zinc
(D) Railways
- What are the arguments in favour of crop sharing ?
(A) Land owner is sure of getting a portion of the produced crop
(B) If the share of land owner remains fixed, the farmer tries to maximize
production
(C) In this system, it is possible to make the optimum use of inputs
(D) All the arguments stated above - In Indian states, the state financial corporation has been assistance
mainly to develop –
(A) agricultural farms
(B) cottage industry
(C) large scale industries
(D) medium and small scale industries - In the last one decade, which one among the following sectors has
attracted the highest foreign direct investment inflow into India ?
(A) Chemicals other than fertilizers
(B) Services sector
(C) Food Processing
(D) Telecommunication
WBCS Main Question Paper – 2015
- Industrial growth rate accelerated in 1980s due to growth of
(A) Electronic and consumer goods
(B) Basic and heavy capital goods
(C) Infrastructural industries
(D) Small scale industries - Under PL 480 scheme India entered into this programme
(A) Import of oil product
(B) Import of food grains
(C) Export of tea
(D) None of the above - Consider the following statement :
1. Tea and spices are the brand ambassadors of India
2. India has been elected as the chair of International Coffee Organisation
Council
3. The trade and export of the commodities has not grown steadily
(A) 1 & 3 are true
(B) 1 & 2 are true
(C) 2 & 3 are true
(D) All of the above - In the Index of Eight core Industries, which one of the following is
given the lowest weight
(A) Electricity generation
(B) Fertilizers production
(C) Coal
(D) Cement - Consider the following :
1. Indian Textiles Industry contributes about 4% to the GDP
2. The textile sector is the second largest provider of employment
3. It contributes 15% to the country’s export earnings
(A) Only 1 is true
(B) 2 & 3 are true
(C) 1 & 2 are true
(D) All are true - Which one of the following comes under tertiary sector
(A) Cottage industries
(B) Mining
(C) Agriculture
(D) Banking and insurance - Most of the public sector units performed with
(A) High profit
(B) Subsidy
(C) No profit no loss
(D) None of the above - Which of the following items does not come under Indian imports
(A) Petroleum
(B) Chemicals
(C) Fertilizer
(D) Gems & Jewellery - Code the incorrect statement.
Green revolution make possible
(A) Multiple cropping
(B) Use of High yielding variety (HYV) seeds
(C) Very low use of chemical fertilizer
(D) Increasing use of agro machinery - Find out the incorrect statement :
In Co-operative farms –
(A) Farmers join voluntarily
(B) Farmers face no compulsion
(C) Private ownership of land does not remain
(D) They pool their land to form a large holding - Point out the correct statement.
(A) Political will to make land reforms successful in India was strong
(B) Co-operative farming in India has not been successful
(C) Administrative efficiency in imposing land ceiling was high
(D) Land Reforms in India have become successful - Contribution of agricultural sector to Indian gross domestic product is
(A) More than its percentage share in total employment
(B) Less than its percentage share in total employment
(C) Both shares are fairly equal
(D) None applies
WBCS Main Question Paper – 2014
- The percentage share of services in GDP at factor cost (at current
prices) in 2013-14 in Indian Economy –
(A) 51 %
(B) 47 %
(C) 57 %
(D) 60 % - Which of the following contributes the maximum earnings in Indian
Railways —
(A) Passenger Earnings
(B) Goods Traffic Earnings
(C) Sundry Earnings
(D) Other Coach Earnings - The share of agriculture and allied sectors in India’s GDP in 2013-14 –
(about 17% in 2019)
(A) 14.7%
(B) 12.5%
(C) 13.7%
(D) 21%
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