Nature of Indian Economy
- What is the approximate share of SSIs in gross industrial value added in the Indian economy?
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The small-scale industries sector plays a vital role in the growth of the country. It contributes almost 40% of the gross industrial value added in the Indian economy.
Correct Option: D
The small-scale industries sector plays a vital role in the growth of the country. It contributes almost 40% of the gross industrial value added in the Indian economy.
- Consider the following statements:
1. The Fifth Economic Census was conducted by CSO in the year 2007.
2. Intelligent Character Recognition (ICR) technology is being used for detailed processing of the data collected in the Fifth Economic Census.
Which of the statements given above is/are correct?
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2 only
Correct Option: B
2 only
- Which of the following governmental steps has proved relatively effective in controlling the double digit rate of inflation in the Indian economy during recent years?
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Containing budgetary deficits and unproductive expenditure
Correct Option: A
Containing budgetary deficits and unproductive expenditure
- Which one of the following is not a feature of India's economic planning?
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Imperative planning is not a feature of economic planning of India. In case of imperative planning economic activities belong to public sector.
Correct Option: A
Imperative planning is not a feature of economic planning of India. In case of imperative planning economic activities belong to public sector.
- Which of the following is not a example of economic overheads ?
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Coal mines is not an example of economic overheads. Economic overhead is capital investment into the infrastructure which should encourage new industrial growth and social well being. The other three school, sanitary facilities and roads and railway are economic overheads.
Correct Option: D
Coal mines is not an example of economic overheads. Economic overhead is capital investment into the infrastructure which should encourage new industrial growth and social well being. The other three school, sanitary facilities and roads and railway are economic overheads.
