General Knowledge : Economics QUESTIONS AND ANSWERS :: part7 : 71 to 75
Following General Knowledge Multiple choice objective type questions and answers will help you in TRB, SSC and UPSC 2024 examinations :
71.Given below are two statements labelled as Assertion (A) and Reason (R) in the context of the statements, which of the following is correct ?Assertion (A) : The increase over the years of the percentage contribution of public administration and defence to the GDP is an unwelcome feature.REason (R) : The contribution in these cases means expenditure on these items. |
Both A and R are true and R is the correct explanation of A. |
Both A and R are true but R is the not the correct explanation of A. |
A is true but R is false. |
A is false but R is true. |
72.The sale proceeds of Government boands come under the budget head of |
Revenue receipts |
Capital Receipts |
Capital outlay |
Current expenditure |
73.India opted for Mixed Economy in |
Framing of the Constitution |
Second Five Year Plan |
Industrial Policy of 1948 |
None of these |
74.Given below are two statements labelled as Assertion (A) and Reason (R) in the context of the statements, which of the following is correct ?Assertion (A) : Minimum wages in India are fixed in accordance with the levels of living and the labour participation ratios.Reason (R) : All workers covered by the Minimum Wages Acts are above the poverty line. |
Both A and R are true and R is the correct explanation of A. |
Both A and R are true but R is the not the correct explanation of A. |
A is true but R is false. |
A is false but R is true. |
75.Given below are two statements labelled as Assertion (A) and Reason (R) in the context of the statements, which of the following is correct ?Assertion (A) : Programmes like IRDP have not exceedes as much as hoped for .Reason (R) : The centralised structure leadsto deficient implementation. |
Both A and R are true and R is the correct explanation of A. |
Both A and R are true but R is the not the correct explanation of A. |
A is true but R is false. |
A is false but R is true. |
More Economics QUESTIONS AND ANSWERS available in next pages
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