Tag: economics

Questions Related to economics

What are "conflict commodities"?

  1. Minerals mined in naxalite-infested areas

  2. International trade in arms

  3. Valuable minerals which are claimed by warring groups in civil war-torn countries

  4. Narcotics supplied by international drug cartels


Correct Option: C

State whether the following statements are True or False.
Pawan Hans was set up in $1985$.

  1. True

  2. False


Correct Option: A

Coal, oil and gas are __________ sources of energy.

  1. commercial

  2. non-commercial

  3. renewable

  4. conventional


Correct Option: A

___________ is a non-renewable sources of energy.

  1. Solar energy

  2. Wind energy

  3. Tidal energy

  4. Atomic energy


Correct Option: D

Gas energy constitutes _______ of India's total power installed capacity.

  1. 51%

  2. 69%

  3. 9%

  4. 15%


Correct Option: C

Thermal Energy constitutes ______ of India's power installed capacity.

  1. 15%

  2. 35%

  3. 25%

  4. 27%


Correct Option: D

Nuclear Energy constitutes of _________  india's electricity installed capacity.

  1. 12.5%

  2. 15%

  3. 2.25%

  4. 6.0%


Correct Option: C

Match the following:

$A$ $B$
(1) Agriculture sector (1) Non economic resources
(2) Fall in death rate (2) labour
(3) Perishable resources (3) Population growth
(4) Air (4) Disguised unemployment
  1. (1,4), (2,3), (3,2), (4,1)

  2. (1,2), (2,3), (3,4), (4,1)

  3. (1,4), (2,2), (3,4), (4,3)

  4. (1,3), (2,1), (3,4), (4,2)


Correct Option: A
Explanation:

1.Disguised unemployment is primarily traced in the agricultural and the unorganised sectors of the economy. As the primary sector of the Indian economy, Agriculture provides employment to almost 51% of the total population. 

2.Non-economic goods are called free goods because they are free gifts of nature. They do not have any price and are unlimited in supply. Examples of non-economic goods are air, water, sunshine, etc.
3.There is a fall in death rate and improvement in longevity; this leads to population growth.In the third phase death rates plateau and replacement level of fertility is attained but the population growth continues because of the large size of population in reproductive age group.
The labour of an unemployed worker is lost forever for that day when he does not work. Labour can neither be postponed nor accumulated for the next day. It will perish.

Hydel Energy produces ______ of India's electricity generation.

  1. 18%

  2. 35%

  3. 25%

  4. 15%


Correct Option: D

The broad types of Energy in India are _________.

  1. commercial and non-commercial

  2. direct and indirect

  3. traditional and modern

  4. used and unused


Correct Option: A