11. India enacted The Geographical Indications of Goods (Registration and Protection) Act, 1999 in order to comply with the obligations to
- ILO
- IMF
- UNCTAD
- WTO
Answer : (D)
12. Consider the following countries :
- Australia
- Canada
- China
- India
- Japan
- USA
Which of the above are among the ‘free-trade partners’ of ASEAN ?
- 1, 2, 4 and 5
- 3, 4, 5 and 6
- 1, 3, 4 and 5
- 2, 3, 4 and 6
Answer : (C)
13. As per the NSSO 70th Round “Situation Assessment Survey of Agricultural Households”, consider the following statements
- Rajasthan has the highest percentage share of agricultural households among its rural households.
- Out of the total agricultural households in the country, a little over 60 percent belong to OBCs.
- In Kerala, a little over 60 percent of agricultural households reported to have received maximum income from sources other than agricultural activities.
Which of the statements given above is/are correct?
- 2 and 3 only
- 2 only
- 1 and 3 only
- 1, 2 and 3
Answer : (C)
14. Consider the following:
- Areca nut
- Barley
- Coffee
- Finger millet
- Groundnut
- Sesamum
- Turmeric
The Cabinet Committee on Economic Affair, has announced the Minimum Support Price for which of the above?
- 1, 2, 3 and 7 only
- 2, 4, 5 and 6 only
- 1, 3, 4, 5 and 6 only
- 1, 2, 3, 4, 5, 6 and 7
Answer : (B)
15. Consider the following statements
- The quantity of imported edible oils is more than the domestic production of edible oils in the last five years.
- The Government does not impose any customs duty on all the imported edible oils a special case.
Which of the statements given above is/are correct
- 1 only
- 2 only
- Both 1 and 2
- Neither 1 nor 2
Answer : (A)
16. If a commodity is provided free to the public by the Government, then
- the opportunity cost is zero.
- the opportunity cost is ignored.
- the opportunity cost is transferred from the consumers of the product to the tax-paying public.
- the opportunity cost is transferred from the consumers of the product to the Government.
Answer : (C)
17. Despite being a high saving economy, capital formation may not result in significant increase in output due to
- weak administrative machinery
- illiteracy
- high population density
- high capital-output ratio
Answer : (D)
18. Which of the following is/are the aim/aims of “Digital India” Plan of the Government of India?
- Formation of India’s own Internet companies like China did.
- Establish a policy framework to encourage overseas multinational corporations that collect Big Data to build their large data centres within our national geographical boundaries.
- Connect many of our villages to the Internet and bring Wi-Fi to many of our school, public places and major tourist centres.
Select the correct answer using the code given below
- 1 and 2 only
- 3 only
- 2 and 3 only
- 1, 2 and 3
Answer : (B)
19. Increase in absolute and per capita real GNP do not connote a higher level of economic development, if
- industrial output fails to keep pace with agricultural output.
- agricultural output fails to keep pace with industrial output.
- poverty and unemployment increase.
- imports grow faster than exports.
Answer : (C)
20. With reference to the provisions made under the National Food Security Act, 2013 consider the following statements:
- The families coming under the category of ‘below poverty line (BPL)’ only are eligible to receive subsidised grains.
- The eldest woman in a household, of age 18 years or above, shall be the head of the household for the purpose of issuance of a ration card.
- Pregnant women and lactating mothers are entitled to a take-home ration’ of 1600 calories per day during pregnancy and for six months thereafter.
Which of the statements given above is/are correct?
- 1 and 2
- 2 only
- 1 and 3
- 3 only
Answer : (B)
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