Economics Practice Quiz 10

Q1.What is considered a prerequisite for fast development of a country?

A. Abundant natural resources B. Efficient means of transport C. High literacy rate D. Strong defense system

Q2.Which three systems are stated to be complementary to each other?

A. Production, consumption, and distribution B. Transport, communication, and trade C. Agriculture, industry, and services D. Education, health, and infrastructure

Q3.What is a prerequisite for local, national, and global trade in the modern economy?

A. A strong military presence B. A dense and efficient network of transport and communication C. A uniform global currency D. Strict international trade regulations

Q4.Under which scheme are special provisions made so that every village in the country is linked to a major town by an all-season motorable road?

A. National Highways Development Project B. Pradhan Mantri Grameen Sadak Yojana C. Border Roads Development Programme D. Golden Quadrilateral Super Highways Project

Q5.One of the advantages of road transport mentioned in the text is that it provides door-to-door service, which directly leads to what?

A. Higher construction costs B. Lower cost of loading and unloading C. Increased travel time over short distances D. Difficulty in traversing undulating topography

Q6.Which is the largest public sector undertaking in the country?

A. Indian Post B. Indian Railways C. Bharat Sanchar Nigam Limited (BSNL) D. Steel Authority of India Limited (SAIL)

Q7.Which of the following statements accurately describes the cost and efficiency of pipeline transportation in India?

A. Initial costs are low, but running costs are high, leading to frequent trans-shipment delays. B. Both initial and running costs are high, making it an expensive mode of transport. C. Initial cost of laying pipelines is high, but subsequent running costs are minimal, ruling out trans-shipment losses or delays. D. Pipelines have minimal initial costs but incur significant running expenses due to maintenance.

Q8.Besides crude oil and petroleum products, which of the following can also be transported through pipelines in India?

A. Only water for agricultural purposes. B. Natural gas and solids converted into slurry. C. Finished goods and perishable items. D. Heavy machinery and industrial waste.

Q9.India's gas pipeline infrastructure has expanded from an initial length of 1,700 km to what total length of cross-country pipelines?

A. 14,500 km B. 18,500 km C. 67,956 km D. 1,700 km (remaining the same)

Q10.Which of the following characteristics makes waterways a preferred mode of transport?

A. They are the fastest means of transport for all goods. B. They are the cheapest, fuel-efficient, and environment-friendly mode, suitable for heavy and bulky goods. C. They are ideal for transporting perishable goods over long distances. D. They require minimal initial investment and maintenance.

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Economics Practice Quiz 10