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Q:

Which one of the following statements is correct with respect to the composition of national income in India?

A) The share of manufacturing sector has declined B) The share of services sector has increased sharply.
C) The share of agriculture has remained static. D) The share of services sector has declined.
 
Answer & Explanation Answer: B) The share of services sector has increased sharply.

Explanation:

The growth scenario in India shows that the services sector has become the most dominant in the later part of its growth process. The share of services sector in GDP increased from 28.5 per cent in 1950-51 to 39.6 per cent in 1990-91 and then to 52.6 per cent in 2014-15 while the share of primary sector declined from 56.4 per cent in 1950-51 to 33.4 per cent in 1990-91 and then to only 19.0 per cent in 2014-15.

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Q:

SIDO is related to the development of

A) Small industries B) Steel Industry
C) Soap Industry D) Sugar Industry
 
Answer & Explanation Answer: A) Small industries

Explanation:
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Q:

In July 2017, the Government of India has increased the investment limit per fiscal year of ‘Sovereign Gold Bonds Scheme’ to ______ for individuals.

A) 5 kg B) 4 kg
C) 6 kg D) 10 kg
 
Answer & Explanation Answer: B) 4 kg

Explanation:
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Filed Under: Indian Politics
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Q:

What does 'C' stands for 'CAGR', a business specific term for the geometric progression ratio that provides a constant rate over the specific time period?

A) Control B) Compound
C) Credit D) Call
 
Answer & Explanation Answer: B) Compound

Explanation:

CAGR stands for Compound Annual Growth Rate. So, C stands for Compound. Compound annual growth rate (CAGR) is a business and investing specific term for the geometric progression ratio that provides a constant rate of return over the time period.

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Filed Under: Indian Economy
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Q:

The closest example of a centrally planned economy is the __________ for the major part of the 20th Century.

A) USA B) India
C) Soviet Union D) Japan
 
Answer & Explanation Answer: C) Soviet Union

Explanation:
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Filed Under: Indian Economy
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Q:

In April 2017, N. K. Singh Committee recommended a fiscal deficit of how much percent of GDP by Financial Year 2022-23?

A) 2.50% B) 3.00%
C) 3.50% D) 4.00%
 
Answer & Explanation Answer: A) 2.50%

Explanation:
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Q:

Zeatin is produced in ____ and transported to ___ in the xylem where it promotes cell division.

A) Shoots, Roots,  B) Roots, Shoots
C) Stems, Leaves D) Leaves, Stems
 
Answer & Explanation Answer: B) Roots, Shoots

Explanation:
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Filed Under: Biology
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Q:

Who was the Governor-General of India duringthe‘Sepoy Mutiny’?

A) Lord Dalhousie B) Lord Harding
C) Lord Canning D) Lord Lytton
 
Answer & Explanation Answer: C) Lord Canning

Explanation:

Lord Canning (1856-1862) was the Governor-General during the mutiny of 1857 (India’s first war of independence). After war he was made first Viceroy of India.

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Filed Under: English
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