Tag: economics

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Questions Related to economics

Multiple choice economics emerging issues in indian economy industrial development in india need and growth of industrialisation secondary sector : industry

Identify the problems associated with use of water transport as a means of transport.

  1. Affected by natural calamities.

  2. Delay in transportation, loading and unloading of cargo.

  3. Rise in operational cost.

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

Water transport is susceptible to natural calamities like storms, faces delays due to port congestion or loading/unloading processes, and involves high operational costs for maintenance and fuel.

Multiple choice economics emerging issues in indian economy industrial development in india need and growth of industrialisation secondary sector : industry

Which among the following are the uses of a developed air transport?

  1. Assists in disaster management.

  2. Plays a significant role in the defence of a country.

  3. Tourism development

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

Air transport is vital for rapid disaster response, provides strategic mobility for national defense, and is a key driver for international and domestic tourism.

Multiple choice economics emerging issues in indian economy industrial development in india need and growth of industrialisation secondary sector : industry

______________ was set up under the Air Corporation Act, 1953, to provide international air transport services.

  1. Indian Airlines

  2. Air India

  3. Pawan Hans Ltd.

  4. None of the above
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Air Corporations Act of 1953 nationalized the aviation industry, leading to the creation of Air India for international services and Indian Airlines for domestic services.

Multiple choice economics emerging issues in indian economy industrial development in india need and growth of industrialisation secondary sector : industry

Railways and roadways should be ____________ to each other so as to enhance the development of a country.

  1. complementary

  2. competitive

  3. unrelated

  4. both A & C
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Railways and roadways are considered complementary modes of transport because they serve different needs and distances, working together to create an efficient integrated transport network.

Multiple choice economics emerging issues in indian economy industrial development in india need and growth of industrialisation secondary sector : industry

Under the _____________ 1953, two state corporations were set up, namely Air India and Indian Airlines.

  1. Air Transport Committee

  2. Air Corporation Act

  3. Air Transport Act

  4. Airways Bill
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Air Corporations Act of 1953 was the specific legislation that nationalized the Indian aviation sector and established the two state-owned corporations.

Multiple choice economics emerging issues in indian economy industrial development in india need and growth of industrialisation secondary sector : industry

Which among the following is a reason for roadways having a high cost, as a mode of transport?

  1. Poor road quality

  2. Taxes

  3. Prices of fuel

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation
Roads require less venture when contrasted with railroad, and upkeep cost is likewise low.  Roads give entryway to entryway individual assistance, while railroads can't.  Roads can be worked at higher elevations, forested territories, and deserts.  
Road transportation is flexible. The roadway framework encourages the transportation of transient merchandise, in this way animating their creation. 
Hence, D is the correct option.

Multiple choice economics emerging issues in indian economy industrial development in india need and growth of industrialisation secondary sector : industry

Which among the following is a problem associated with roadways as a mode of transport?

  1. Air and noise pollution

  2. Heavy traffic

  3. Road accidents

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation
Roadways are available for everyone. It can't be signified as cheap source of transportation. Due to petroleum and diesel being it's main power source, it pollutes a lot. And because of large number of vehicles road accidents are much common. 
But, road transportation is flexible. Moreover, it is accessible for 24 hours. The roadway framework encourages the transportation of transient merchandise, in this way animating their creation. 
Hence, D is the correct option.

Multiple choice economics emerging issues in indian economy industrial development in india need and growth of industrialisation secondary sector : industry

______________ refers to transport through rivers and canals.

  1. Coastal shipping

  2. Inland water transport

  3. Overseas shipping

  4. None of the above
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation
It is very cheap means of transportation. As water bodies don't cover more land area, it's easier to ship goods. 
By inland shipping, it means transportation for sending material or goods that can be crude oils or agricultural by means of rives or canals through cities or states. 
Hence, B is the correct option.
Multiple choice economics emerging issues in indian economy industrial development in india need and growth of industrialisation secondary sector : industry

What are the advantages of roadways?

  1. Assists in provision of door to door service.

  2. Convenient to travel small distance.

  3. Creates markets for various products.

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation
Roadways  require less venture when contrasted with railroad, and upkeep cost is likewise low. Roads give entryway to entryway individual assistance.
Roads can be worked at higher elevations, forested territories, and deserts.  Road transportation is flexible. Moreover, it is accessible for 24 hours.  The roadway framework encourages the transportation of transient merchandise, in this way animating their creation. 
Hence, D is the correct option.