Economics (NTSE Stage-2 (National-Level) Scholastic-Aptitude & Language Comprehension): Questions 26 - 31 of 40

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Question number: 26

» Economics » Industries

MCQ▾

Question

TISCO steel plant is located in

Choices

Choice (4) Response

a.

Jamshedpur

b.

Karnataka

c.

West Bengal

d.

Orissa

Question number: 27

» Economics » Indian Economics

MCQ▾

Question

A payment that a government makes to a producer to supplement the market price of a commodity is called

Choices

Choice (4) Response

a.

market price

b.

fair price

c.

competitive price

d.

subsidy

Question number: 28

» Economics » Industries

MCQ▾

Question

The sectors are classified into public and private on the basis of

Choices

Choice (4) Response

a.

Number of workers employed in the enterprise

b.

Ownership of the enterprises

c.

Employment conditions

d.

The nature of the economic activity

Question number: 29

» Economics » Indian Economics

MCQ▾

Question

What does the ‘mixed economy’ in India mean?

Choices

Choice (4) Response

a.

Companies of foreign countries can play an equal role in development of India’s economy

b.

Private companies of India are allowed to invest in public sector

c.

Private sectors play a complementary role along with the public sector

d.

Special privileges are given to foreign companies by the government for investment in India

Question number: 30

» Economics » Indian Economics

MCQ▾

Question

Which Five Year Plan gave the maximum thrust on the industrial growth?

Choices

Choice (4) Response

a.

First Five Year Plan

b.

Fourth Five Year Plan

c.

Third Five Year Plan

d.

Second Five Year Plan

Question number: 31

» Economics » Diversity and Livelihood

MCQ▾

Question

World Trade Organisation basically promotes?

Choices

Choice (4) Response

a.

Global peace

b.

Unilateral trade

c.

Multilateral trade

d.

Financial support

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