Tag: economics

Questions Related to economics

_________ resources are those which get exhausted with extraction and use

economics sustainable development with equity liberalisation objectives of economic planning in india need for sustainable development introduction to social movements and its types social movements

  1. Renewable

  2. Non-renewable

  3. Limited

  4. Wasting

Show answer
Correct Option: B
Explanation:
Non-renewable resources are those which get exhausted with extraction and use, for example, fossil fuel, petroleum etc.

Some of the longer-term results of global warming are ______________.

economics sustainable development with equity liberalisation objectives of economic planning in india need for sustainable development introduction to social movements and its types social movements

  1. melting of polar ice with a resulting rise in sea level

  2. disruption of drinking water supplies dependent on snow melts

  3. extinction of species as ecological niches disappear

  4. all of these

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Correct Option: D

What are some of the most pressing environmental concerns of India?

economics sustainable development with equity liberalisation objectives of economic planning in india need for sustainable development introduction to social movements and its types social movements

  1. Air pollution

  2. Water contamination

  3. Soil erosion

  4. All of the above

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Correct Option: D

What leads to an environmental crisis?

economics sustainable development with equity liberalisation objectives of economic planning in india need for sustainable development introduction to social movements and its types social movements

  1. Extinction of animals

  2. When Resource extraction > rate of regeneration

  3. Waste generated is not within assimilating capacity

  4. Death of marine life

  5. All option are correct

Show answer
Correct Option: E
Explanation:

An Environmental Crisis as a dramatic, unexpected, and irreversible worsening of the environment leading to significant welfare losses.

So according to me, all the options lead to environmental crisis

_______  is a gradual increase in the average temperature of the earth's lower atmosphere as a result of the increase in greenhouse gases since the _____.

economics sustainable development with equity liberalisation objectives of economic planning in india need for sustainable development introduction to social movements and its types social movements

  1. Ozone depletion, Industrial Revolution

  2. Global warming, Industrial revolution

  3. Global warming, Green revolution

  4. Ozone depletion, Green revolution

Show answer
Correct Option: B
Explanation:

The Industrial Revolution spanned the 18th and early 19th Century. Over this period, global CO2 emissions were a fraction of current levels. During the 18th Century, global CO2 emissions were around 3 to 7 million tonnes per year. During the early 19th Century, CO2 emissions steadily rose reaching 54 million tonnes per year by 1850. Currently we are emitting over 8000 million tonnes per year.

Global warming is the consequence of the over proportional activities of the humans on the earth such that what the earth stored and built in very long time is to be consumed in a very short time. This disturbs much the dynamic balance on the earth leading to huge production of substances and gases such as the carbon dioxide that can not be reprocessed again by the earth and remains in the environment. 
The recent  industrial civilization is based on machines driven by energy taken from fossil fuels. It has good achievements but the cost is very serious. The cost is the environmental pollution especially CO2 as it leads to global warming which can has unseen serious effects on our climate.

 Land in India suffers from varying degrees and types of degradation stemming mainly from ______ and _______.

economics sustainable development with equity liberalisation objectives of economic planning in india need for sustainable development introduction to social movements and its types social movements

  1. improper use, inappropriate management practices

  2. terrace farming, crop rotation

  3. deforestation, land pollution

  4. none of these

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Correct Option: A

The two resources that the environment provides are _____ and ____.

economics sustainable development with equity liberalisation objectives of economic planning in india need for sustainable development introduction to social movements and its types social movements

  1. Air, Water

  2. Flora and fauna

  3. Renewable, Non-renewable

  4. Tangible, intangible

Show answer
Correct Option: A
Explanation:

Clean land, air, and water are environmental resources, as are the abilities of land, air, and water to absorb society's waste products. Food from plants and animals, wood for cooking, heating, and building, metals, coal , and oil are all environmental resources.

Which of the following is the full form of the 'WMF'?

economics sustainable development with equity liberalisation objectives of economic planning in india need for sustainable development introduction to social movements and its types social movements

  1. Web Mutual Fund

  2. World Mutual Fund

  3. World Monuments Fund

  4. World Music Fund

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Correct Option: C
Explanation:

World Monuments Fund (WMF) is a private, international, non-profit organization dedicated to the preservation of historic architecture and cultural heritage sites around the world through fieldwork, advocacy, grantmaking, education, and training.

Which of the following is an international forum to discuss and implement supervisory norms in all the banks of the world?

economics sustainable development with equity liberalisation objectives of economic planning in india need for sustainable development introduction to social movements and its types social movements

  1. Basel Committee

  2. UN Charter on Commercial Laws

  3. International Board of Banks and Finance

  4. World Trade Organisation

Show answer
Correct Option: A
Explanation:
The Basel Committee on Banking Supervision (BCBS) is a committee of banking supervisory authorities that was established by the central bank governors of the Group of Ten countries in 1974. It provides a forum for regular cooperation on banking supervisory matters.

Opening the savings bank account of a minor girl will be called as which of the following in banking terminology?

economics sustainable development with equity liberalisation objectives of economic planning in india need for sustainable development introduction to social movements and its types social movements

  1. Retail Banking

  2. Merchant Banking

  3. Institutional Banking

  4. Social Banking

Show answer
Correct Option: A
Explanation:

Retail banking, also known as consumer banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking.

Hence saving the bank of a minor girl under the retail banking.