Economics-Indian Economics (NTSE Stage-2 (National-Level) Scholastic-Aptitude & Language Comprehension): Questions 11 - 15 of 21

Get 1 year subscription: Access detailed explanations (illustrated with images and videos) to 828 questions. Access all new questions we will add tracking exam-pattern and syllabus changes. View Sample Explanation or View Features.

Rs. 400.00 or

Question number: 11

» Economics » Indian Economics

MCQ▾

Question

The difference between the export and import of a country is known as

Choices

Choice (4) Response

a.

National income

b.

External trade

c.

Balance of trade

d.

Internal trade

Question number: 12

» Economics » Indian Economics

Match List-Ⅰ List-Ⅱ▾

Question

Match the following
List-Ⅰ (Problems Faced By Farming Sector) List-Ⅱ (Process Measures)

(A)

Debt burden

(i)

Construction of canals by the government

(B)

No job in the off season

(ii)

Setting up agro-based mills

(C)

Unirrigated land

(iii)

Procurement of food grains by government

(D)

Low prices for crops

(iv)

Banks to provide credit with low interest

Choices

Choice (4) Response
  • (A)
  • (B)
  • (C)
  • (D)

a.

  • (ii)
  • (iii)
  • (i)
  • (iv)

b.

  • (iii)
  • (i)
  • (iv)
  • (ii)

c.

  • (iv)
  • (ii)
  • (i)
  • (iii)

d.

  • (i)
  • (ii)
  • (iii)
  • (iv)

Question number: 13

» Economics » Indian Economics

MCQ▾

Question

The past two decades of Globalization has seen rapid movement in

Choices

Choice (4) Response

a.

goods, services and investments between countries

b.

goods, technology and cheap labour between countries

c.

goods, investments and people between countries

d.

goods, services and people between countries

Question number: 14

» Economics » Indian Economics

MCQ▾

Question

Which of the following factors helped the process of globalization?

Choices

Choice (4) Response

a.

Technology

b.

Foreign investment

c.

MNCs

d.

All a. , b. and c. are correct

Question number: 15

» Economics » Indian Economics

Assertion-Reason▾

Assertion (Ꭺ)

The people in between the producers and the final consumers are traders

Reason (Ꭱ)

The people who finally sell the commodities to the consumers are retailers.

Choices

Choice (4) Response

a.

Both Ꭺ and Ꭱ are true but Ꭱ is NOT the correct explanation of Ꭺ

b.

Ꭺ is true but Ꭱ is false

c.

Both Ꭺ and Ꭱ are true and Ꭱ is the correct explanation of Ꭺ

d.

Both Ꭺ and Ꭱ are false

Sign In