11. Persons below the poverty line in India are classified as such based on whether?
[A] they are entitled to a minimum prescribed food basket
[B] they get work for a prescribed minimum number of days in a year
[C] they belong to agricultural labourer household and the scheduled caste/tribe social group
[D] their daily wages fall below the prescribed minimum wages
Show Answer
Correct Answer: A [they are entitled to a minimum prescribed food basket]
Notes:
Poverty line in India is classified on the basis of calories per day available to a person. It is a simple average and does not show the actual availability to a person or a household.
12. What does free market in an economy imply?
[A] Minimum government intervention in trade and maximum regulations
[B] Maximum government intervention in trade and maximum regulations
[C] Minimum government intervention in trade and minimum regulations
[D] Maximum government intervention in trade and maximum regulations
Show Answer
Correct Answer: C [Minimum government intervention in trade and minimum regulations]
Notes:
In a free market economy, the law of supply and demand, rather than a central government, regulates production and labor. Companies sell goods and services at the highest price consumers are willing to pay while workers earn the highest wages companies are willing to pay for their services
13. Who established Central India Spinning, Weaving, and Manufacturing Company in Bombay?
[A] Ratan Tata
[B] Jamsetji Tata
[C] D.Birla
[D] Baldev Das Birla
Show Answer
Correct Answer: B [Jamsetji Tata]
Notes:
Jamsetji Tata began his industrial career in 1877 with the Central India Spinning, Weaving, and Manufacturing Company in Bombay.
14. In which year, Rs. 10,000 notes were demonetized in India?
[A] 1978
[B] 2016
[C] 1975
[D] 2015
Show Answer
Correct Answer: A [1978]
Notes:
In 1978 Prime Minister Morarji Desai withdrew the legal-tender status of ₹1,000, ₹5,000 and ₹10,000 banknotes in a crackdown on illicit wealth.
15. Which among the following has permission for commercial cultivation?
[A] Bt Brinjal
[B] Bt Cotton
[C] Bt Mustard
[D] Bt carrot
Show Answer
Correct Answer: B [Bt Cotton]
Notes:
Bt cotton is the only crop that is given permission for commercial cultivation. Bt Brinjal and Bt mustard are waiting for permission from the ministry of environment, forest, and climate change.
16. What is the growing of crops in strips known as?
[A] Row cropping
[B] Intercropping
[C] Strip cropping
[D] Relay cropping
Show Answer
Correct Answer: C [Strip cropping]
Notes:
Strip Intercropping involves growing of two or more crops in strips that are wide enough to allow separate management of the two crops; but close enough for the crops to interact.
17. Which is the largest exporter of raw cashews in the world?
[A] India
[B] China
[C] Vietnam
[D] Brazil
Show Answer
Correct Answer: A [India]
Notes:
Export earnings from raw cashew nut during April 2018-January 2019 stood at 11,414 MT, valued at Rs 143.98 crore (US$ 29.12 million). India accounts for about 65 percent of global cashew exports.
18. When was the essential commodities act passed?
[A] 1960
[B] 1955
[C] 1950
[D] None of the above
Show Answer
Correct Answer: B [1955]
Notes:
Essential commodities act 1955 is an act that was established to ensure the delivery of certain commodities or products, the supply of which if obstructed owing to hoarding or black-marketing would affect the normal life of the people. The ECA includes foodstuff, drugs, fuel (petroleum products) etc.
19. Which among the following is related to the second green revolution in India?
[A] Increase of pulses production
[B] Increasing area under cultivation
[C] Increasing productivity of the area
[D] None of the above
Show Answer
Correct Answer: C [Increasing productivity of the area]
Notes:
The second green revolution is the idea given by Prime minister Narendra Modi. It is related to the increasing of productivity of the existing cultivable area.
20. Where is the headquarters of the Indian concrete Institue located?
[A] Chennai
[B] Mumbai
[C] Hyderabad
[D] Dehi
Show Answer
Correct Answer: A [Chennai]
Notes:
Indian Concrete Institute is the largest professional body in India dedicated to the cause of promoting concrete technology and construction. It has forty-two regional centres, with HQ at Chennai.
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