Tag: non - economic activities

Questions Related to non - economic activities

Which of the following is not true?

economics the story of village palampur farming and non-farming activities in village non - economic activities economy of a village

  1. Rural women have started using LPG as fuel

  2. 2001 census shows that in rural India only 56% households have an electricity connection

  3. About 90% of the rural households use biofuels for cooking

  4. Tap water availability is limited to only 24% rural households

Show answer
Correct Option: A

Which city will get India's first 'freight village'?

economics the story of village palampur farming and non-farming activities in village non - economic activities economy of a village

  1. Varanasi

  2. Jaipur

  3. Bengaluru

  4. Kolkata

Show answer
Correct Option: A
Explanation:

A ‘Freight Village’ refers to a specialised industrial estate that attracts those companies which are in requirement of logistics services and can cluster to improve their competitiveness. In this connection, the city of Varanasi will get the country’s first ‘freight village’. It is spread over around 100 acres.
Thus, the correct answer is A.

For purchasing the seeds, fertilizers etc the loan distributed is called

economics the story of village palampur farming and non-farming activities in village non - economic activities economy of a village

  1. Short Term loan

  2. long term loan

  3. medium term loan

  4. none of these

Show answer
Correct Option: C
Explanation:

Medium-term loans are the type of loans with a repayment period that lasts between two and five years. These are given for the purpose of financing of professional equipment which is needed for production or service provision activities, thus including safety or environmental protection. Thus, for purchasing the seeds, fertilizers etc. The loan distributed is called medium-term loan.

Thus, the correct answer is C.

Choose the correct answers from the alternatives given.
In India, agriculture income is calculated by _______________.

economics the story of village palampur farming and non-farming activities in village non - economic activities economy of a village

  1. Output Method

  2. Input Method

  3. Expenditure Method

  4. Commodity flow method

Show answer
Correct Option: A
Explanation:

In India agriculture, forestry and logging, fishing mining and quarrying, registered manufacturing and construction units are included in category.A. The output method is applied to category A. The value added by this category is found by subtracting the value of raw materials and other inputs from the aggregate of commodity-wise output
Expenditure method- This method measures the National income sum total of final expenditure incurred by household, business firm. Govt. and Foreigners
Commodity flow method: This method is used to estimate the purchase of commodities by intermediate or final users. This method generally begins with an estimate of the total supply of a commodity available for domestic users.