Tag: economics

Quizzes (361) Questions (3598)

Questions Related to economics

Multiple choice economics development of maharashtra - agriculture sector the economy of maharashtra economics

There are a large number of marginal and small farmers in the country.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

There are a large number of marginal and small farmers in the country. More than 60 per cent of the ownership holdings have a size smaller than one (ha). Furthermore, about 40 per cent of the farmers have operational holding size smaller than 0.5 hectare (ha). The average size of land holding is shrinking further under increasing population pressure.

Multiple choice economics development of maharashtra - agriculture sector the economy of maharashtra economics

According to Economic Survey of Maharashtra 2017-18, what measures have been undertaken by the Maharashtra government for agricultural development?

  1. Setting up of APMC

  2. Establishment of Agro Export Zone

  3. Horticulture training centres

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

According to Economic Survey of Maharashtra 2017-18, following measures have been undertaken by the Maharashtra government for agricultural development:

  • Setting up of APMC
  • Establishment of Agro Export Zone
  • Horticulture training centres
  • Grading and packaging facilities for effective distribution
  • Creating awareness about agricultural information through the use of mass media for making agriculture a profit making business

Multiple choice economics development of maharashtra - agriculture sector the economy of maharashtra economics

Which of the following is/are problems in the agricultural sector in Maharashtra?

  1. Lack of marketing facilities

  2. Impact of Climate change

  3. Adverse crop patterns

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Following are the problems in the agricultural sector in Maharashtra:

  • Lack of marketing facilities
  • Impact of Climate change
  • Adverse crop patterns
  • Excessive use of chemical fertilizer
  • Agricultural indebtedness

Multiple choice economics development of maharashtra - agriculture sector the economy of maharashtra economics

Which of the following measures have been taken by Maharashtra government for agricultural development in the state?

  1. Distribution of quality seeds at reasonable rates

  2. Increased number of outlets for fertilizer and pesticide distribution

  3. Development of irrigation facilities

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Following measures have been taken by Maharashtra government for agricultural development in the state:

  • Distribution of quality seeds at reasonable rates
  • Increased number of outlets for fertilizer and pesticide distribution
  • Development of irrigation facilities
  • Electrification of agricultural pumps and efforts to provide 'electricity on demand'.

Multiple choice economics development of maharashtra - agriculture sector the economy of maharashtra economics

Irrigation covers only about _______  percent of the cultivated area in India.

  1. 10

  2. 23

  3. 33

  4. 83
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Irrigation covers only about 33 percent of the cultivated area in India. The crop production in rest of the cultivated land directly depends on rainfall. Poor performance of south-west Monsoon also adversely affects the supply of canal water for irrigation.

Multiple choice economics development of maharashtra - industrial sector the economy of maharashtra economics

What is the full form of MSICDP?

  1. Maharashtra State Invention Cluster Development Programme

  2. Maharashtra State Industrial Cluster Development Programme

  3. Maharashtra State Inventory Cluster Development Programme

  4. Maharashtra State Information Cluster Development Programme
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

MSICDP stands for Maharashtra State Industrial Cluster Development Programme. It ie being implemented all over the state to develop small, medium and micro enterprises.

Multiple choice economics development of maharashtra - industrial sector the economy of maharashtra economics

Which of the following is/are general problem/s in the industrial sector?

  1. Delays in government procedure.

  2. Lack of opportunities for skill development

  3. Lack of updated technology

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

General problems  in the industrial sector are-

1) Delays in government procedure- Delay in formation and changing regulations have always haunted manufacturers.complying with new standards isn’t an easy task for manufacturers. More often than not, they’re a burden and thanks to globalization, manufacturers are also forced to deal with regulations that are unique to each territory.
2) Lack of opportunities for skill development- As one generation exits the workforce, it makes way for a new generation of workers. This transition is, in itself, quite a challenge. Manufacturers face the challenge of filling up those positions with equally skilled members from the current generation. However, the new generation of employees is simply not skilled enough, making the challenge even harder to over come. As a result, manufacturers have to develop strategies such as working with the education sector to offer the skills training necessary to fill these positions.
3) Lack of updated technology- As technology evolves, the rate of innovation increases. But, this also means companies have to rush and that can lead to all kinds of temptations. The urge to skip a step or avoid certain tests can be hard to resist when the goal is to market the product as soon as possible.So, innovation management becomes a must in these situations. Preferences change by the day and any delay in delivering appropriate solutions can mean the end of everything.

So, manufacturers have to establish a system that allows for the consistent delivery of new ideas and innovation.  Only this can sustain manufacturing success.

Multiple choice economics development of maharashtra - industrial sector the economy of maharashtra economics

Which sector has the potential to absorb excess labour from the farming sector in Maharashtra?

  1. Pharmaceutical Sector

  2. Industrial Sector

  3. Defence Sector

  4. Service Sector
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Maharashtra is an industrially advanced state. Industrial sector plays major role in the economic development of Maharashtra. It leads to diversification of markets, generates higher incomes and higher productivity.