‘Human Development Report’ published by:

How is the average income of any country calculated?

National Sample Survey Organisation (NSSO) estimates national income. It is under the administrative control of:

Consider the following statements:
1. GDP is the value of all final goods and services produced within a country during a year.
2. In India, GDP measurement is undertaken by NITI Aayog.

In which system is ‘double coincidence of wants’ an essential feature?

Consider the following statements:
1. RBI issues currency notes on behalf of central government.
2. Use of rupee as medium of payment cannot be refused in India.

Which of the following are part of ‘terms of credit’?
1. Interest rate
2. Collateral & documentation requirement
3. Mode of repayment

Consider the following statements:
1. RBI supervises both formal and informal loan sources.
2. Informal lenders charge much higher interest than formal lenders.

Which factors determine location of production centres of MNCs?
1. Proximity to market
2. Availability of skilled workforce
3. Cheap manufacturing

Which is the most basic function of foreign trade?

Globalisation causes cross-border movement of:
1. Goods
2. Investments and technology
3. Political control

Consider the following statements about Special Economic Zones (SEZs):
1. SEZs are to have world class infrastructure.
2. Companies in SEZs are completely tax free.

Consequences of ‘Protectionism’ coupled with ‘Import Substitution’:
1. Blocking MNCs from domestic markets
2. Revival of domestic employment
3. Reduction in foreign investment

Consider the following statements:
1. Following UN Guidelines 1985, India enacted Consumer Protection Act 1986.
2. Producers must follow required safety rules under the Act.

Consider the following statements:
1. Consumers have right to be informed about particulars of goods/services.
2. One can protest if goods sold above printed price.

Which of the following have bearing on consumer protection in India?
1. UN Guidelines for Consumer Protection
2. Consumer Protection Act 1986
3. Right to Information Act 2005

Which of the following rights are valid in consumer protection in India?
1. Right to choose
2. Right to be informed
3. Right to seek redressal

Consider the following statements about consumer forums:
1. Voluntary in nature.
2. Guide consumers on filing cases.
3. Receive government support for awareness.

Consider the following statements:
1. Under COPRA, two-tier quasi-judicial machinery at district and state levels was set up.
2. District Forum deals with claims up to Rs.20 lakh; State Commission between Rs.20 lakh and Rs.1 crore.

Consider the following statements:
1. ISI, Agmark, Hallmark logos assure quality.
2. Organisations allow producers to use logos if they follow standards.

Which of the following right is not available under Consumer Protection Act, 1986?

Consider the following statements:
1. Under land ceiling, ownership limitation was fixed on individual basis.
2. Land reform policies were most successful in western Indian states.
Which are correct?

Food security is ensured in a country only if:
1. Enough food is available for all.
2. All persons can buy food of acceptable quality.
3. No barrier on access to food.

The Minimum Support Price (MSP) is declared by the government every year:

The success story of Amul milk is an example of:

Which of the following statements is/are correct?
1. Buffer Stock is foodgrains procured by FCI.
2. Under MSP, farmers are paid pre-announced price.

Which of the following is correct with respect to ‘Issue Price’?

Muslin was a famous cotton textile in 17th century. Consider:
1. Origin in Kerala.
2. Exported worldwide.

Which of the following states is the largest producer of iron ore in India?

Which of the following crops is grown in black soil and requires high temperature?

Which of the following crops is grown in north-west India and is a rabi crop?

Which of the following crops is grown in southern India and is a plantation crop?