Economics (NTSE Stage-1 (State-Level) Scholastic-Aptitude & Language Comprehension): Questions 13 - 16 of 44

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Question number: 13

» Economics » Indian Economics

MCQ▾

Question

Consider the following statements.

I. Cheque is a paper instructing the bank to pay a specific amount from the persons account to the person whose name the cheque has been issued.

II. The facility of cheque makes it possible to directly settle payments without the use of cash.

III. They constitute money in the modern economy.

Which of the above statements is/are true about the cheque?

Choices

Choice (4) Response

a.

I and III

b.

Only II

c.

Only I

d.

All a. , b. and c. are correct

Question number: 14

» Economics » Indian Economics

MCQ▾

Question

Which sector has maximum contribution in India’s GDP?

Choices

Choice (4) Response

a.

Services

b.

Manufacturing

c.

Industries

d.

Agriculture

Question number: 15

» Economics » Indian Economics

MCQ▾

Question

The per capita income is calculated in dollars for all countries because

Choices

Choice (4) Response

a.

dollar is the currency of maximum countries

b.

dollar is widely accepted currency

c.

to make comparison easier

d.

None of the above

Question number: 16

» Economics » Indian Economics

MCQ▾

Question

Non-renewable resources will get exhausted after years of use. We have their fixed stock on Earth which cannot be replenished. If we discover new resources that we did not know earlier the new resources in this way add would to the stock. This is an example of

Choices

Choice (4) Response

a.

sustainable development

b.

ecological balance

c.

development

d.

Question does not provide sufficient data or is vague

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