Economics Practice Quiz 1

Q1.What is necessary for resources to contribute to development?

A. Only the availability of abundant resources B. Appropriate technological development and institutional changes C. High population density and skilled labor D. Foreign investment and international trade agreements

Q2.In India, development, particularly resource development, involves which of the following factors?

A. Only the availability of resources and technology B. Availability of resources, technology, quality of human resources, and historical experiences C. Primarily foreign aid and international collaborations D. Exclusive focus on industrial growth and urbanisation

Q3.What can hinder development even if resources are available?

A. High population growth B. Lack of corresponding changes in technology and institutions C. Excessive foreign trade D. Focus on agricultural development

Q4.What factor, according to the text, has led to more consumption of resources?

A. Population growth and urbanization B. Technical and economic development C. Lack of conservation efforts D. Increased industrialization

Q5.What are the intermediary benefits entitled to members of communities involved in Joint Forest Management (JFM)?

A. Exclusive rights to all timber resources. B. Monetary compensation for protecting wildlife. C. Non-timber forest produces and a share in the timber harvested. D. Ownership of the degraded forest land.

Q6.As per the Economic Survey 2020–21, what is the service level target for potable piped water supply per capita per day under the Jal Jeevan Mission?

A. 25 litres B. 40 litres C. 55 litres D. 70 litres

Q7.What percentage of the total number of water-stressed blocks in India are accounted for by the states selected for the Atal Bhujal Yojana?

A. About 25 per cent B. About 37 per cent C. About 50 per cent D. About 63 per cent

Q8.According to Jawaharlal Nehru, dams were called ‘temples of modern India’ because they would integrate the development of agriculture and the village economy with what?

A. Preservation of ancient traditions. B. Rapid industrialisation and growth of the urban economy. C. Promotion of traditional handicrafts. D. Expansion of colonial trade routes.

Q9.How has irrigation changed the cropping pattern in many regions?

A. Farmers are shifting to less water-intensive and subsistence crops. B. Farmers are shifting to water-intensive and commercial crops. C. Farmers are exclusively growing traditional drought-resistant crops. D. Irrigation has had no significant impact on cropping patterns.

Q10.According to the provided text, agriculture is categorized as which type of economic activity?

A. Secondary activity B. Tertiary activity C. Primary activity D. Quaternary activity

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Economics Practice Quiz 1