Economics QUESTIONS AND ANSWERS

General Knowledge : Economics QUESTIONS AND ANSWERS :: part7 : 11 to 15

Following General Knowledge Multiple choice objective type questions and answers will help you in TRB, SSC and UPSC 2024 examinations :

11.The main source of Indias national income is

Industry

Agriculture

Forestry

None of these

12.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 growth rate of agricultural production during the First Plan was five percent.Reason (E) : Failure of monsoons is one reason.

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.

13.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) : In India, the budgets of the Government have shown sharp increase over the years.Reason (R) : India has sharply increased ists expenditure on defence every year.

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.

14.Planning in India derives its objectives from

Fundamental Rights

Directive Principles of State policy

Fundamental Duties

Preamble

15.The Government has haded over the 51 per cent of its stake in Bharat Aluminium Company (BALCO )to which of the following industries ?

Bharati industries

HINDALCO