Questions Related to economics

Multiple choice economics environment and sustainable development need for sustainable development environmental economics sustainable development

What are "conflict commodities"?

  1. Minerals mined in naxalite-infested areas

  2. International trade in arms

  3. Valuable minerals which are claimed by warring groups in civil war-torn countries

  4. Narcotics supplied by international drug cartels

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

Conflict commodities are natural resources whose extraction and trade are used to finance armed conflict and human rights abuses.

Multiple choice economics environment and sustainable development need for sustainable development environmental economics sustainable development

Thermal Energy constitutes ______ of India's power installed capacity.

  1. 15%

  2. 35%

  3. 25%

  4. 27%

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

Thermal energy (primarily coal-based) constitutes the largest share of India's power capacity, though the specific percentage varies by year; 27% is likely a dated or specific source figure.

Multiple choice economics environment and sustainable development need for sustainable development environmental economics sustainable development

Match the following:

$A$ $B$
(1) Agriculture sector (1) Non economic resources
(2) Fall in death rate (2) labour
(3) Perishable resources (3) Population growth
(4) Air (4) Disguised unemployment
  1. (1,4), (2,3), (3,2), (4,1)

  2. (1,2), (2,3), (3,4), (4,1)

  3. (1,4), (2,2), (3,4), (4,3)

  4. (1,3), (2,1), (3,4), (4,2)

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

1.Disguised unemployment is primarily traced in the agricultural and the unorganised sectors of the economy. As the primary sector of the Indian economy, Agriculture provides employment to almost 51% of the total population. 

2.Non-economic goods are called free goods because they are free gifts of nature. They do not have any price and are unlimited in supply. Examples of non-economic goods are air, water, sunshine, etc.
3.There is a fall in death rate and improvement in longevity; this leads to population growth.In the third phase death rates plateau and replacement level of fertility is attained but the population growth continues because of the large size of population in reproductive age group.
The labour of an unemployed worker is lost forever for that day when he does not work. Labour can neither be postponed nor accumulated for the next day. It will perish.

Multiple choice economics environment and sustainable development need for sustainable development environmental economics sustainable development

The broad types of Energy in India are _________.

  1. commercial and non-commercial

  2. direct and indirect

  3. traditional and modern

  4. used and unused

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

Energy sources in India are broadly classified into commercial and non-commercial categories based on their availability and marketability. Commercial sources are bought and sold in the market, while non-commercial sources are typically gathered.