Tag: economics

Questions Related to economics

TRAI regulates the functioning of which of the following services?

  1. Port

  2. Trade

  3. Telecom

  4. Transport


Correct Option: C
Explanation:

TRAI is Telecom Regulatory Authority of India. Its main purpose is to regulate telecommunication services, adjudicate disputes, dispose appeals and protect the interest of the service providers as well as consumers.

Today, Indian infrastructure is developed by ________.

  1. private sector

  2. public sector

  3. private and public sector

  4. foreign investors


Correct Option: C
Explanation:
Indian infrastructure is being developed by means of building roads, dams, and by merging with private sector to increase jobs to alleviate unemployment. 
The Government of India is required to put exceptionally in the foundation part, primarily expressways, sustainable power source and urban vehicle. The Government of India is taking each conceivable activity to help the framework division. 
Hence, C is the correct option.

Which statement is false?

  1. Development of infrastructure and economic development go hand in hand

  2. Agriculture depends on the adequate expansion and development of irrigation facilities

  3. Industrial progress depends on the development of power and electricity generation, transport and communications

  4. None of these


Correct Option: D
Explanation:
Infrastructure plays a significant role in the development of country's growth. It contains basic requirements of the state. It includes airport, sewage, roads and various other basic and essential elements. The Government of India is required to put exceptionally in the foundation part, primarily expressways, sustainable power source and urban vehicle. The Government of India is taking each conceivable activity to help the framework division.
Hence, D is the correct option.

Infrastructure refers to ____________ services.

  1. basic

  2. important

  3. common

  4. None of these


Correct Option: A

The beginning of air transport was made in ___________.

  1. 1925

  2. 1928

  3. 1920

  4. 1915


Correct Option: C

All physical and technical factors that helps in any production process is known as _______________ infrastructure.

  1. social

  2. economic

  3. political

  4. private


Correct Option: B

First STD service was started between ________.

  1. Delhi-Bombay

  2. Delhi-Kolkata

  3. Lucknow-Kanpur

  4. Lucknow-Allahabad


Correct Option: C

First STD service was started in ________.

  1. 1960

  2. 1964

  3. 1987

  4. 1991


Correct Option: A

State whether the following statements are True or False.
There is no co-ordination between rails and roads.

  1. True

  2. False


Correct Option: B

India is the _______largest internet user.

  1. 1st

  2. 2nd

  3. 3rd

  4. 4th


Correct Option: D