hpas 2010 eco

HPAS 2010 Economy Topic-Wise Solutions

HPAS 2010 Economy Topic-Wise Solutions

Question 81

Indian agriculture has the following features:
(1) Dependence of agriculture on the monsoons
(2) Abolition of Zamidari
(3) Absence of trade unions in the agricultural sector
(4) Heavy pressure of population on land
Which of the above is responsible for disguised unemployment in Agriculture?

  • (a) (1) alone
  • (b) (1) and (2) only
  • (c) (1), (2), (3) only
  • (d) (4) alone
Correct Answer: (d) (4) alone
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Question 82

Consider the following taxes:
(1) Sales tax
(2) Income tax
(3) Corporate tax
(4) Entertainment tax
Which of the above taxes are levied by the State government and not Shared by Central Government?

  • (a) (1) and (1) only
  • (b) (2) and (3) only
  • (c) (3) and (4) only
  • (d) (1) and (4) only
Correct Answer: (d) (1) and (4) only
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Question 83

Consider the following in relation with corporate tax:
(1) Total turnover of the company
(2) Profit after distribution of dividend
(3) Profit before distribution of dividend
(4) Capital employed in the company
Which one of the above is the basis of corporate tax?

  • (a) (1) alone
  • (b) (2) alone
  • (c) (3) alone
  • (d) (4) alone
Correct Answer: (c) (3) alone
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Question 84

India is at which of the following stages of demographic Transition?

  • (a) Population level stabilizes with number of births and deaths being low and equal
  • (b) Birth rates and death rate are both low.
  • (c) Reduction in birth rate but the reduction in death rate is higher than reduction in birth rate.
  • (d) Reduction in mortality rate while birth rate continues to be high.
Correct Answer: (c) Reduction in birth rate but the reduction in death rate is higher than reduction in birth rate.
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Question 85

Male literacy in the recent census 2011 has increased to:

  • (a) 77.14%
  • (b) 79.14%
  • (c) 81.14%
  • (d) 83.14%
Correct Answer: (c) 81.14%
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Question 86

Which one of the following treaties was not covered by the Uruguay round Negotiations, which established WTO?

  • (a) General agreement on trade in Services
  • (b) Trade related intellectual property rights
  • (c) Trade related Investment measures
  • (d) General agreement On Environment Protection
Correct Answer: (d) General agreement On Environment Protection
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Question 87

The second largest trade partner of India with their total trade (sum of imports and exports) for the year 2009-2010 is:

  • (a) United Arab Emirates
  • (b) China
  • (c) United States of America
  • (d) Saudi Arabia
Correct Answer: (b) China
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Question 88

Which of the following is the highest export-oriented handicrafts (in value terms) in Indian exports?

  • (a) Gems and Ornaments
  • (b) Leather goods
  • (c) Brass goods
  • (d) Ivory goods
Correct Answer: (a) Gems and Ornaments
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Question 89

Consider the following in the context of food inflation in India:
(1) Ban on transaction in agricultural products in ‘Future Commodities Exchange Market’
(2) Restrictions on import of agricultural Products
(3) Unruly weather conditions
(4) Hoarding and Trader Cartel
Which of the above are the possible reasons for food inflation?

  • (a) (1) and (2)
  • (b) (2) and (3)
  • (c) (3) and (4)
  • (d) (1) and (4)
Correct Answer: (c) (3) and (4)
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Question 90

Which one of the following pairs is correctly matched?

  • (a) Central Statistical Organization (CSO)—Fiscal Policy
  • (b) Reserve Bank of India (RBI)—Credit Policy
  • (c) National Council for Applied Economic Research (NCAER)—Indian Economic Survey
  • (d) Planning commission—computation of National Income
Correct Answer: (b) Reserve Bank of India (RBI)—Credit Policy
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Question 91

Which one of the following represents at least in part investment in human capital?

  • (a) Formal education
  • (b) On the job training
  • (c) Better health care and nutrition
  • (d) All of the above.
Correct Answer: (d) All of the above.
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Question 92

Which one of the following led the Malegam committee to recommend for interest rate cap for micro-finance institutions?

  • (a) Promoters of micro-finances institutions growing rich
  • (b) High interest rate leading to suicides
  • (c) Small loans offered to micro-enterprises
  • (d) Borrowers stopped repaying loans.
Correct Answer: (b) High interest rate leading to suicides
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Question 93

Consider the following related to Sarva Shiksha Abhiyan (SSA) being implemented in partnership with the States for addressing the needs of children:
(1) Enrolment of all children in school
(2) Addressing the need of child in the age group of 6-10
(3) Setting up Education Guarantee Centers (ECG) alternate Schools etc.
(4) Bridging of gender and social category gaps in enrolment with retention and learning
Which of the above is not correct?

  • (a) (1) and (3)
  • (b) (2) alone
  • (c) (3) and (4)
  • (d) (3) alone
Correct Answer: (b) (2) alone
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