Questions Related to geography

Multiple choice geography food security in india components of food security government measures for food security important index numbers

Under PDS, a price lower than the market price is called _____.

  1. Fair price

  2. Minimum price

  3. Issue price

  4. Product price

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

A price lower than the market price is called issue price. The price at which a new security will be distributed to the public prior to the new issue trading on the secondary market. Also commonly referred to as offering price.

Multiple choice geography food security in india components of food security government measures for food security important index numbers

MSP stands for _____.

  1. Minimum Support Price

  2. Maximum Support Price

  3. Maximum Suitable Price

  4. Minimum Suitable Price

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation
The farmers are paid a pre-announced price for their crops. This price is called Minimum Support Price (MSP). The MSP is declared by the government every year before the sowing season to provide incentives to the farmers for raising the production of these crops.
Multiple choice geography food security in india components of food security government measures for food security important index numbers

A pre-announced price for a farmer's crop is called _____.

  1. FCI

  2. MSP

  3. PDS

  4. PAP

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The farmers are paid a pre-announced price for their crops. This price is called Minimum Support Price (MSP). The MSP is declared by the government every year before the sowing season to provide incentives to the farmers for raising the production of these crops.

Multiple choice geography international economics organization mncs and impact of globalization effects of globalisation in india globalization and trade

The companies which control the production in more than one country are known as __________.

  1. Multi State Organization

  2. Multi National Company

  3. International Trade Organization

  4. International Monetary System

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A Multinational Corporation (MNC) is a company that owns or controls production of goods or services in at least one country other than its home country.

Multiple choice geography international economics organization mncs and impact of globalization effects of globalisation in india globalization and trade

Which of the following is a private sector bank based in India?

  1. Yes Bank

  2. Loyds Banking Group

  3. Lehman Brothers

  4. Royal Bank

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Yes bank limited was founded by Rana Kapoor and Ashok Kapur in 2004. It is India's fourth largest private sector bank that operates as a corporate bank with retail banking and asset management as corporate functions. 

Multiple choice geography international economics organization mncs and impact of globalization effects of globalisation in india globalization and trade

State whether the following statements are True or False.
Newspaper, magazines are means of mass communication.

  1. True

  2. False

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Mass communication refers to the dissemination of information to a large audience; newspapers and magazines are primary examples of print mass media.

Multiple choice geography international economics organization mncs and impact of globalization effects of globalisation in india globalization and trade

Cargill Foods, an American MNC, had bought smaller Indian companies such as_________.

  1. Pillsbury Foods

  2. Parakh Foods

  3. Aashirwad Foods

  4. MTR Foods.

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Parakh Foods had built a large marketing network in various parts of India, where its brand was well-reputed. Also, Parakh Foods had four oil refineries, whose control has now shifted to Cargill. Cargill is now the largest producer of edible oil in India, with a capacity to make 5 million pouches daily! 

Multiple choice geography international economics organization mncs and impact of globalization effects of globalisation in india globalization and trade

Within a year, 70% to 80% of toy shops have replaced the Indian toys with Chinese toys due to ___________.

  1. cheaper prices

  2. good material

  3. easy availability

  4. better quality

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Buyers in India now have the option of choosing between Indian and the Chinese toys. Because of the cheaper prices and new designs, Chinese toys become more popular in the Indian markets. 

Multiple choice geography international economics organization mncs and impact of globalization effects of globalisation in india globalization and trade

What is the benefit of using containers in transportation of goods?

  1. Reduction in port handling costs

  2. Reduction in delays

  3. Reduction in damaged goods

  4. All of them

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Containers have led to huge reduction in port handling costs and increased the speed with which exports can reach markets. Similarly, the cost of air transport has fallen.  This has enabled much greater volumes of goods being transported by airlines.

Multiple choice geography crafts and industries development of industries in india traditional crafts and decline of indian industries impact of british rule on kerala

Jamshetji Tata started the steel plant at _______ in Jharkhand.

  1. Jamshedpur

  2. Ranchi

  3. Patna

  4. None

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Tata Iron and Steel Company was founded by Jamshedji Tata and established by Dorabji Tata on 26 August 1907. Its largest plant located in Jamshedpur, Jharkhand. TISC has been recognized as one of the largest steel manufacturers and suppliers of steel products.