Economics GK Questions Practice Question and Answer
8 Q: Under which scheme was the first emphasis on industrial development and mining development?
708 061a4d82a0fbe1213ad999f4b
61a4d82a0fbe1213ad999f4b- 1First Five Year Planfalse
- 2Second Five Year Planfalse
- 3Third Five Year Plantrue
- 4Fourth Five Year Planfalse
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Answer : 3. "Third Five Year Plan"
Explanation :
The Nehru-Mahalanobis approach, often referred to as the Second Five Year Plan, emphasized the development of basic and heavy industries as a means of accelerating economic growth. These included steel, copper, petrochemicals, paper, coal, and oil.
Q: What is the maximum contribution to the national income of India?
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6052f21d4999e13f2a6bb4ae- 1Service Sectortrue
- 2Business Areafalse
- 3Agricultural sectorfalse
- 4Industry Sectorfalse
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Answer : 1. "Service Sector"
Q: In an economy, on what basis are sectors classified into public and private?
688 06052f1d9a01bc44789ad1d80
6052f1d9a01bc44789ad1d80- 1Terms of employmentfalse
- 2Ownership of enterprisestrue
- 3Use of raw materialsfalse
- 4None of thesefalse
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Answer : 2. "Ownership of enterprises"
Q: Planning Economy has started in Rajasthan
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61a4d33c92711a18d395ff8f- 1First Plantrue
- 2Second Planfalse
- 3Third Planfalse
- 4Fifth Planfalse
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Answer : 1. "First Plan"
Explanation :
The Planning Department of Rajasthan was established in July 1953 under the chairmanship of the Chief Minister. The Planning Department of Rajasthan prepares the planned budget, monitors expenditure, budget announcements and centrally sponsored schemes to achieve targeted development in the state.
Q: The relation of Rajasthan Industrial Development and Planning Corporation (RIICO) is correct.
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61a4ceea6075564728120a88- 1Jodhpur- 1980false
- 2Jaipur- 1981false
- 3Jodhpur- 1981false
- 4Jaipur- 1980true
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Answer : 4. "Jaipur- 1980"
Q: In which of the following the industrial policy of Rajasthan has not been formulated-
621 061a4ca2d6075564728119746
61a4ca2d6075564728119746- 11978false
- 21991false
- 32015false
- 42020true
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Answer : 4. "2020"
Explanation :
The correct answer is 1998. Key Points Fourth Industrial Policy of Rajasthan- The fourth Industrial Policy was implemented in Rajasthan on 4 June 1998. The Fourth Industrial Policy was implemented during the tenure of Rajasthan Chief Minister Bhairon Singh Shekhawat. Important Points Rajasthan Industries Department- Establishment- 1949 Headquarters- Jaipur Sixth Industrial Policy of Rajasthan- The Sixth Industrial Policy was implemented in Rajasthan on 8 August 2015. The Sixth Industrial Policy was implemented during the tenure of Rajasthan Chief Minister Vasundhara Raje. Presently the Sixth Industrial Policy is going on in Rajasthan. Share on Whatsapp
Q: Where is the National Institute of Rural Development located?
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6052ef2da01bc44789ad1711- 1Hyderabadtrue
- 2Patnafalse
- 3New Delhifalse
- 4Shimlafalse
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Answer : 1. "Hyderabad"
Q: In which district is the maximum number of industries operating in Rajasthan?
616 061a4c5da92711a18d39577a0
61a4c5da92711a18d39577a0- 1Alwarfalse
- 2Jaipurtrue
- 3Jodhpurfalse
- 4Udaipurfalse
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Answer : 2. "Jaipur"
Explanation :
District Industries Centre: It is setup by the government of Rajasthan. There are 36 districts working in Rajasthan. There are 8 Industries sub-districts centres. This department caters to the need of Micro, Small, and Medium Enterprises (MSME). These centres work for the development of handloom, textiles, handicrafts, marketing and other work involving their development. Industrial Potential Survey was published by district industries centre. Its headquarters is in Jaipur.