Tag: economics

Questions Related to economics

Efficient transport system helps in smooth exchange of goods and services.

economics emerging issues in indian economy industrial development in india need and growth of industrialisation secondary sector : industry

  1. True

  2. False

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Correct Option: A

______________ is the backbone of a modern economy, hence, it has been prioritised in five year plans in India.

economics emerging issues in indian economy industrial development in india need and growth of industrialisation secondary sector : industry

  1. Transport

  2. Low income groups

  3. Inflation

  4. None of the above

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Correct Option: A
Explanation:
On account of its serious utilization of foundations, the transport part is a significant segment of the economy and a typical instrument utilized for improvement. At the total level, productive transportation lessens costs in numerous economic segments, while improper transportation expands such expenses.
Hence, A is the correct option.

Rural roads connect different villages and lead to ______________ development.

economics emerging issues in indian economy industrial development in india need and growth of industrialisation secondary sector : industry

  1. social

  2. cultural

  3. socio-economic

  4. none of the above

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Correct Option: C

Water transport is classified into _________ and __________.

economics emerging issues in indian economy industrial development in india need and growth of industrialisation secondary sector : industry

  1. coastal shipping, overseas shipping

  2. inland shipping, overseas shipping

  3. inland water transport, shipping

  4. coastal water transport, inland water transport

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Correct Option: A

Which state in India uses inland water transport, as a means of transport?

economics emerging issues in indian economy industrial development in india need and growth of industrialisation secondary sector : industry

  1. Kerala

  2. Assam

  3. Bihar

  4. All of the above

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Correct Option: D

Air transport facilitates transportation of perishable goods and medicines.

economics emerging issues in indian economy industrial development in india need and growth of industrialisation secondary sector : industry

  1. True

  2. False

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Correct Option: A
Explanation:
As some goods and medicines should be transported in a very urgent duration because of its expiry term. Air ways is the best transportation method as it's quickest. Overseas shipping is the most well known strategy for moving goods and materials internationally. Contrasted with strategies like airship cargo transport, it is significantly more moderate and cheaper for huge amounts of merchandise. 
Hence, the above statement is true.

Overseas shipping facilitates international trade.

economics emerging issues in indian economy industrial development in india need and growth of industrialisation secondary sector : industry

  1. True

  2. False

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Correct Option: A

Which corporation was set up in India for domestic transport?

economics emerging issues in indian economy industrial development in india need and growth of industrialisation secondary sector : industry

  1. Air India

  2. Pawan Hans Ltd.

  3. Indian Airlines

  4. All of the above

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Correct Option: C

Radio in India is popularly known as ___________.

economics emerging issues in indian economy industrial development in india need and growth of industrialisation secondary sector : industry

  1. telex

  2. akashwani

  3. durdhwani

  4. none of the above

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Correct Option: B
Explanation:
Radio in India is popularly known as Akashwani. It is basically an online station which is formed in New Delhi, India. It came into existence in 2002. 
Before the introduction of cellphones, radio was considered as the most important communication device. Sports, news etc. could be listened in it. 

Which among the following is a classification of shipping?

economics emerging issues in indian economy industrial development in india need and growth of industrialisation secondary sector : industry

  1. Coastal shipping

  2. Overseas shipping

  3. Inland shipping

  4. Both A & B

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Correct Option: D