Tag: economics

Quizzes (361) Questions (3598)

Questions Related to economics

Multiple choice international experience of exchange rate systems open economy macroeconomics international economics economics

Quantitative restrictions mean _________.

  1. a restriction by Government on quantity of export or imports of goods from or to a country

  2. a restriction by Government on quantity of production of goods by a country.

  3. a restriction by Government on quantity of sale of goods by a manufacturer

  4. a restriction by Government on quantity of quantity of raw material consumed.
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Quantitative restrictions refer to government-imposed limits on the quantity of specific goods that can be imported or exported during a certain period.

Multiple choice international experience of exchange rate systems open economy macroeconomics international economics economics

International reserves include _______. 

  1. government holding of gold

  2. balance in International Monetary Fund

  3. foreign currency reserves

  4. all the three
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

International reserves include gold reserves, forex reserves and a balance held with the IMF that he country can draw from with times off stress. All three help the country maintain its position on the international market and manage its balance of payment account, by influencing its exchange rate.

Multiple choice economics indian economy on the eve of independence demographic condition and infrastructure development experience (1947-90) population and human resource development

What is the meaning of "Sex-Ratio" ?

  1. Number of females per 1000 married men

  2. Number of females per 1000 males in the country

  3. Number of females per square kilometer

  4. Number of males per 1000 females in the country
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The sex ratio is the ratio of males to females in a population. In most sexually reproducing species, the ratio tends to be 1:1. 

Multiple choice economics indian economy on the eve of independence demographic condition and infrastructure development experience (1947-90) population and human resource development

The first railway line in India was started between Thane and ____________.

  1. Surat

  2. Kalyan

  3. Pune

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

In May 1854, the Bombay–Thane line was extended to Kalyan with the Thane viaducts over the Thane creek (India's first railway bridges).

Multiple choice economics indian economy on the eve of independence demographic condition and infrastructure development experience (1947-90) population and human resource development

The Indian Railways made its beginnings in the year ____________.

  1. $1800$
  2. $1850$
  3. $1853$
  4. $1900$
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The first railway line in India was constructed during the rule of Lord Dalhousie. The first train started from Bori Bunder in Bombay at 3:35 pm on April 16, 1853 with a 21-gun salute. It had 14 carriages.

Multiple choice economics indian economy on the eve of independence demographic condition and infrastructure development experience (1947-90) population and human resource development

During the British rule, what was the percentage of individuals employed in the manufacturing sector?

  1. 5%

  2. 10%

  3. 15%

  4. 17.5%
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The agricultural sector accounted for the largest share of the workforce which was around 70-75%. The manufacturing and the services sectors accounted for only 10 and 15-20 percent respectively. Also, there were increasing regional variations under the British rule.

Multiple choice economics indian economy on the eve of independence demographic condition and infrastructure development experience (1947-90) population and human resource development

What was the condition of the road network India inherited from the British ?

  1. Poor

  2. Good

  3. Excellent

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

The state of infrastructure during the pre-British India was very poor. The transportation and communication lines were below average due to insufficient funds. In fact, most of the villages lacked connectivity by pucca roads. Consequently, natural dusty tracks were the roads predominant in India. However, such roads spelt misery during monsoons as they became muddy and difficult to traverse.  During natural calamities, these roads became unfunctional as a result of which various areas became inaccessible and were cut-off.