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NCERT ECONOMICS MOCK TEST 1

NCERT ECONOMICS MOCK TEST 1

NCERT ECONOMICS MOCK TEST 1


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ABOUT THIS MOCK TEST

🟥 TOPIC : NCERT ECONOMICS MOCK TEST 1

🟥 NUMBER OF QUESTIONS : 25

🟥 TIME : 15 MINS

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150

NCERT ECONOMICS MOCK TEST 1

🟥 NCERT ECONOMICS MOCK TEST 1

🟥 QUESTIONS : 25

🟥 TIME : 15 MINS

1 / 25

1) The terms ‘Marginal Standing Facility Rate’ and ‘Net Demand and Time Liabilities’, sometimes appearing in news, are used in relation to

 

2 / 25

2) With reference to Balance of Payments, which of the following constitutes/constitute the Current Account?

1. Balance of trade

2. Foreign assets

3. Balance of invisibles

4. Special Drawing Rights

Select the correct answer using the code given below.

 

 

3 / 25

3) In the context of food and nutritional security of India, enhancing the ‘Seed Replacement Rates’ of various crops helps in achieving the food production targets of the future. But what is/are the constraint/ constraints in its wider/greater implementation?

1. There is no National Seeds Policy in place.

2. There is no participation of private sector seed companies in the supply of quality seeds of vegetables and planting materials of horticultural crops.

3. There is a demand-supply gap regarding quality seeds in case of low value and high volume crops.

Select the correct answer using the code given below.

 

 

4 / 25

4) Government of India encourages the cultivation of ‘sea buckthorn’. What is the importance of this plant ?

1. It helps in controlling soil erosion and in preventing desertification.

2. It is a rich source of biodiesel.

3. It has nutritional value and is well-adapted to live in cold areas of high altitudes.

4. Its timber is of great commercial value.

Which of the statements given above is/are correct?

 

 

5 / 25

5) Among the following states, which one has the most suitable climatic conditions for the cultivation of a large variety of orchids with minimum cost of production, and can develop an export oriented industry in this field ?

 

6 / 25

6) With reference to micro-irrigation, which of the following statements is/are correct ?

1. Fertilizer/nutrient loss can be reduced.

2. It is the only means of irrigation in dry land farming.

3. In some areas of farming, receding of ground water table can be checked.

Select the correct answer using the codes given below:

 

 

7 / 25

7) Consider the following statements ;

1. The Union Government fixes the Statutory Minimum Price of sugarcane for each sugar season 2. Sugar and sugarcane are essential commodities under the Essential Commodities act

Which of the statements .given above is/are correct?

 

8 / 25

8) Consider the following statements:

1. The Commission for Agricultural Costs and Prices recommends the Minimum Support Prices for 32 crops.

2. The Union Ministry of Consumer Affairs, Food and Public Distribution has launched the National Food Security Mission.

Which of the statements given above is/are correct?

 

 

9 / 25

9) Assertion (A) : India does not export natural rubber.

Reason (R) : About 97% of India's demand for natural rubber is met from domestic production.

 

10 / 25

10) Consider the following statement:  India continues to be dependent on imports to meet the requirement of oilseeds in the country because:

1. farmers prefer to grow food grains with highly remunerative support prices.

2. most of the cultivation of oilseed crops continues to be dependent on rainfall.

3. oils from the seeds of free origin and rice bran have remained unexploited.

4. it far cheaper to import oilseeds than to cultivate the oilseed crops.

Which of the statements given above are correct?

 

 

11 / 25

11) Consider the following statements:

1. Regarding the procurement of food-grains, Government of India follows a procurement target rather than an open–ended procurement policy.

2. Government of India announces minimum support prices only for cereals.

3. For distribution under Targeted Public Distribution System (TPDS), wheat and rice are issued by the Government of India at uniform central issue prices to the States/Union Territories.

Which of the statements given above is/are correct?

 

12 / 25

12) In terms of value, which one of the following commodities accounted for the largest agricultural exports by India during the three year period from 1997–1998 to 1999–2000 ?

 

13 / 25

13) Consider the following statements:

1. Maharashtra has the highest acreage under Jawar in India

2. Gujarat is the largest producer of groundnut in India.

3. Rajasthan has the largest area of cultivable wastelands in India

4. Andhra Pradesh has the highest per hectare yield of maize in India

Which of these statements are correct?

 

14 / 25

14) Indian farmers are unhappy over the introduction of “Terminator Seed Technology” because the seeds produced by this technology are expected to:

 

15 / 25

15) Consider the following statements:

Regional disparities in India are high and have been rising in recent years because:

1. There is persistent investment over time only in select locates.

2. Some areas are agro-climatically less conductive to development.

3. Some areas continue to face little on no agrarian transformation and the consequent lack of social and economic opportunities.

4. Some areas have faced continuous political instability

Which of the above statements are correct?

 

 

 

16 / 25

16) In India, rural incomes are generally lower than the urban incomes. Which of the following reasons account for his?

1. A large number of farmers are illiterate and know little about scientific agriculture

2. Prices of primary products are lower than of manufactured products

3. Investment in agriculture has been low when compared to investment in industry

Select the correct answer by using the codes given below:

 

 

 

17 / 25

17) In which one of the following crops international trade is low in the context of total produce?

 

18 / 25

18) Which of the following benefits are likely to accrue to India from the World Trade Organisation?

1. India’s share in the world trade is to go up from the present 600 million US dollars to 5 billion US dollars by 2000 AD.

2. It will help boost exports of agricultural commodities from India.

3. India’s share in the world trade is likely to triple by the year 2000 A.D.

 

 

19 / 25

19) Agricultural income tax is assigned to the State Government by:

 

20 / 25

20) The Government of India has established NITI Aayog to replace the

 

21 / 25

21) Convertibility of rupee implies

 

22 / 25

22) With reference to the Fourteenth Finance Commission, which of the following statements is/ are correct?

1. It has increased the share of States in the central divisible pool from 32 percent to 42 percent.

2. It has made recommendations concerning sector-specific grants.

Select the correct answer using the code given below.

 

23 / 25

23) 'Pradhan Mantri Jan-Dhan Yojana' has been launched for

 

24 / 25

24) There has been a persistent deficit budget year after year. Which of the following actions can be taken by the government to reduce the deficit?

1. Reducing revenue expenditure

2. Introducing new welfare schemes

3. Rationalizing subsidies

4. Expanding industries

Select the correct answer using the code given below.

 

 

25 / 25

25) With reference to inflation in India, which of the following statements is correct?

 

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