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1/50
Prime Minister Employment Generation Program (PMEGP) was implemented in India by merging the schemes of
PMRY and REGP✔X
NREP and IRDP✔X
IAY and IRDP✔X
SFDA and MFAL✔X
2/50
The most dominant contributor to GDP in recent years is
agriculture✔X
industry✔X
services✔X
exports✔X
3/50
Which of the following is a feature of Tamil Nadu economy?
High rural – urban migration✔X
Low man-farm employment✔X
High urbanization✔X
Low urbanization✔X
4/50
Which one of the following sectors is the major contributor(s) to Tamil Nadu state’s gross domestic product?
Agriculture & Allied sectors✔X
Secondary sector✔X
Service sector✔X
Informal sector✔X
5/50
When there is increase in economic development the share of tertiary (service) sector in National Income will
increase✔X
decrease✔X
remain constant✔X
remain proportional✔X
6/50
Who was not the member of the first National Income Committee of 1949 ?
P.C. Mahalanobis✔X
D.R. Gadgil✔X
Dadabhai Naoroji✔X
V.K. R.V. Rao✔X
7/50
India is a member of which of the following?
Asian Development Bank✔X
Asia- Pacific Economic Corporation✔X
Colombo Plan✔X
Organization for Economic Co-operation and Development✔X
8/50
Consider the following statements Assertion(A): Regional disparities in development have been continuously decreasing in India due to planning. Reason(R): New technology in Indian agriculture is size neutral but not resource nrutral. Now select your answer according to the coding scheme given below
Both (A) and (R) are true, but (R) is not the correct explanation of (A)✔X
Both (A) and (R) are true and (R) is not correct explanation of (A)✔X
(A) is true but (R) are false✔X
(A) is true but (R) is false✔X
9/50
The Special Economic Zone Act was passed in Indian Parliament in
May 2005✔X
April 2004✔X
May 2008✔X
April 2007✔X
10/50
Which is the largest public sector bank in India?
Indian Bank✔X
Indian Overseas Bank✔X
Canara Bank✔X
State Bank of India✔X
11/50
The first ‘Special Economic Zone’ created in Tamil Nadu is in
Coimbatore✔X
Chennai✔X
Madurai✔X
Salem✔X
12/50
Which of the following is a direct tax?
Sales tax✔X
Excise duty✔X
Excise duty✔X
None of these✔X
13/50
Double counting means Counting the value of a product at the final stage of production. Counting the value of a product at each stage of production Counting the value of a product more than once
I only✔X
III only✔X
I and II✔X
I and III✔X
14/50
Which Five Year Plan gave importance to development of basic and heavy industries?
I✔X
II✔X
III✔X
IV✔X
15/50
The planning commission was set up in
1947✔X
1948✔X
1949✔X
1950✔X
16/50
When was Agricultural Price Commission set up?
1950✔X
1955✔X
1965✔X
1975✔X
17/50
When was National Agricultural Insurance Scheme introduced?
1979-1980✔X
1989-1990✔X
1999-2000✔X
2009-2010✔X
18/50
The architect of the Second Five Year Plan
Jawaharlal Nehru✔X
Indira Gandhi✔X
V.V. Giri✔X
P.C. Mahalanobis✔X
19/50
SARFAESI Act was introduced for the purpose of
controlling stock exchanges✔X
regulating capital markets✔X
streamlining the financial system✔X
enabling the banks to realize their views✔X
20/50
What is Broad money?
Currency with public + demand deposits of the public✔X
Currency with public + post office savings deposits✔X
Currency with public + time deposits of public with banks + demand deposits✔X
Currency with public + derived deposits✔X
21/50
Disposable income is equal to
personal income minus subsidies✔X
personal income minus taxes✔X
personal income minus transfer payment✔X
national income minus depreciation✔X
22/50
Annual rate of inflation of all commodities is 2009-10 was
14.4%✔X
10%✔X
8%✔X
11%✔X
23/50
What is the rank of Tamil Nadu in economic growth among the states in India during 2009-10?
3rd✔X
4th✔X
5th✔X
6th✔X
24/50
The largest contribution to GDP still comes from
agriculture✔X
manufacturing industries✔X
construction✔X
services✔X
25/50
Which one of the following factors does not influence velocity of circulation of money?
Quantity of money✔X
Selling cost of business firms✔X
Credit facilities✔X
Business conditions✔X
26/50
Commonwealth Bank of _______ in August 2010, opened its first Branch in India in Mumbai
Denmark✔X
Austrialia✔X
Canada✔X
Ireland✔X
27/50
Which one of the following comes under NBFIs?
Commercial Bank✔X
Co-operative Bank✔X
UTI✔X
None of these✔X
28/50
In money supply M3= M1+
net time deposits of banks✔X
total deposits with Post Office savings bank✔X
net demand deposits of banks✔X
none of these✔X
29/50
Inflation is most often caused by
supply side forces increase costs to producers✔X
demand side forces which depress the level of consumer spending✔X
rapid expansion of money supply✔X
unreasonable wage demands by labour unions✔X
30/50
An increases in the growth rate of money supply is most likely to be followed by
recession✔X
decline in economic activity✔X
recession and decline in economic activity✔X
inflation✔X
31/50
Match List I correctly with List II and select your answer using the codes given below: Concepts of National Income List I List II GNP 1. Value of output produced by factors of production by domestic residents GDP 2. GNP- depreciation NNP 3. GDP_ depreciation NDP 4. GDP + Income from abroad
2 3 1 4✔X
3 4 1 2✔X
4 1 2 3✔X
1 2 3 4✔X
32/50
An example of indirect tax is
Income tax✔X
Sales tax✔X
Wealth Tax✔X
Gift tax✔X
33/50
The non tax revenue of the Central Government does not include
fiscal services✔X
dividend and profits✔X
economic services✔X
customs duties✔X
34/50
If the GDP is measured at the price prevailing at a point of time, then it is called
GDP current price✔X
GDP market price✔X
GDP constant price✔X
(A)+(B)+(C)✔X
35/50
The product method of measuring GDP involves
incomes generated from the production of goods and services✔X
adding up the value of everything produced in the country during the year✔X
adding up all expenditures of final output✔X
none of the above✔X
36/50
A higher interest rate might induce households to ______ but businesses to _______
save more, borrow less✔X
save less, borrow more✔X
save more, borrow more✔X
save less, borrow less✔X
37/50
A developing economy has the following features
Low per capita income, chronic unemployment occupational pattern✔X
Population pressure✔X
Only (A)✔X
(A) and (B)✔X
38/50
Deflation refers to a condition of _______ prices.
falling✔X
rising✔X
constant✔X
moderate✔X
39/50
Which is the correct sequence of various sectors in GDP of India in the descending order?
Primary sector, Secondary Sector, Tertiary sector✔X
Primary sector, Tertiary sector, Secondary sector✔X
Secondary sector, Tertiary sector, Primary sector✔X
Tertiary sector, Secondary sector, Primary sector✔X
40/50
The National Food Security Act was gazette in
September, 2013✔X
August 2013✔X
September 2012✔X
August 2012✔X
41/50
Net National Income (NNI) does not include
Indirect business taxes✔X
Corporate income taxes✔X
Depreciation charges✔X
The rental value of house-owners✔X
42/50
Till which Five Year Plan, employment strategy had been growth linked?
Fifth Five Year Plan✔X
Sixth Five Year Plan✔X
Seventh Five Year Plan✔X
Eighth Five Year Plan✔X
43/50
Given below are two statements, one labeled as assertion (A) and the other labeled as: Assertion(A): India’s Public Sector helped in the development of a sound industrial base, Reason (R): Public Sector is under State Information Appropriate Policies and providing financial and other support has helped the Public Sector.
(A) is correct but (R) is wrong✔X
Both (A) and (R) are correct✔X
(A) is wrong but (R) is correct✔X
Both (A) and (R) are wrong✔X
44/50
Rate of saving is measured as a proportion of Gross Domestic Product (GDP) at
Constant prices✔X
Market prices✔X
Relative prices✔X
None of the above✔X
45/50
National Income is
Income of the Central Government✔X
Income of the Central & State Government✔X
Total of factor incomes✔X
Profits of the Public sector✔X
46/50
The new agricultural technology can best be described as
Land augmenting✔X
Labour augmenting✔X
Labour displacing✔X
Labour displacing✔X
47/50
The socialist pattern of society was first articulated in the
first five year plan✔X
Annual plan✔X
Second plan✔X
Eighth plan✔X
48/50
The Eleventh five year plan was implemented during the period
2005-2010✔X
2002-2007✔X
2007-2012✔X
2006-2011✔X
49/50
According to the National Human Development Report (NHDR) 2001, Tamil Nadu scored the
7th rank✔X
3rd rank✔X
4th rank✔X
9th rank✔X
50/50
Who among the following computed National Income on the basis of scientific method?
Prof. Mahalanobis✔X
Dr. K.N. Raj✔X
Dr. V.K. R.V. Rao✔X
Dr. Vakil✔X
This quiz has been created using the tool tnpsc Quiz Generator
For more test:-
INDIAN POLITY FREE ONLINE TEST-ATTEND
INDIAN HISTORY FREE ONLINE TEST-ATTEND
Tnpsc Unit 8&9-online test -ATTEND
We have to upload tnpsc online test series for tnpsc exams like Group 1, group2, group 4, TNUSRB constable and SI, TN Forest, Railway, Bank, All government exams. Make use of this tnpsc test series daily and this will surely helpful for your dreams to true.
All the best
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