1. Which is the most important reason for migration from Kerala?
Correct : A. Push factor
2. Tourism was recognized as an industry by Kerala in:
Correct : C. 1986
3. The threats to Tourism industry in Kerala does not include:
Correct : D. All
4. The percentage contribution of tourism to the state economy in2010‐11 is:
Correct : D. 9%
5. The leading district for domestic and foreign tourist arrival is:
Correct : B. Ernakulam
6. The single largest source market of Kerala for foreign tourist visits is:
Correct : A. United Kingdom
7. The largest number of emigrants originated from:
Correct : D. Malappuram district
8. Kerala Migration Survey 2011 is conducted by:
Correct : C. CDS
9. As per the World Bank criterion the income of the Lower middle income
countries ranges
Correct : A. $ $1,006 ‐ $3,975
10. India is a:
Correct : C. Developing country
11. The growth rate of Indian economy in 2011‐112is:
Correct : A. 6.9%
12. The rate of investment as percent of GDP in 2010‐11 in Indian economy is:
Correct : D. 35.1%
13. The rate of saving as percent of GDP in 2010‐11 in Indian economy is:
Correct : A. 32.3%
14. Which sector is considered as the work horse of Indian economy?
Correct : C. Tertiary
15. According to 2001 census the rate of urbanisation in India is:
Correct : B. 27.8%
16. In India the poverty is estimated in terms of:
Correct : A. Calorie
17. The type of poverty exists in India is
Correct : C. Absolute
18. Relative poverty is basically related with
Correct : B. Rich
19. In 2008 Planning commission appointed a committee to estimate the poverty in India under:
Correct : D. Tendulkar
20. According to Tendulkar committee India’s poverty in 2004‐05 is:
Correct : A. 37.2%
21. According to Mixed Recall period India’s Poverty in 2004‐05 is
Correct : C. 21.8%
22. NSSO 61St round meeting is taking place in
Correct : D. 2004‐05
23. Which of the following committee was appointed by the Ministry of rural development to recommend a suitable methodology for identification of BPL families in rural areas:
Correct : A. N.C.Saxena
24. World Bank’s New International Poverty Line is based on:
Correct : B. $2 per day
25. According to the Planning Commission’s estimates the per capita monthly expenditure for urban poverty in 2004‐05 is
Correct : A. Rs.538.60
26. TRYSEM was established in
Correct : D. 1979
27. For a rural person the minimum calorie needed to reach above poverty line is:
Correct : A. 2400 calorie
28. Which is an urban poverty eradication Programme?
Correct : D. NRY
29. Which of the following is an urban employment generation programme?
Correct : C. SJSRY
30. The type of unemployment more prominent in India is:
Correct : C. Structural
31. India’s unemployment is estimated by the agency:
Correct : A. NSSO
32. The long term unemployment is measured by
Correct : A. Usual Status
33. The most faithful measure of unemployment is:
Correct : C. Current daily Status
34. The ratio of unemployment in India in 2004‐05 is:
Correct : C. 8.2
35. India’s rank according to HDI in 2011 is
Correct : B. 134
36. The Gini coefficient of India in 2011is
Correct : A. 36.8
37. The average MPCE of rural people in India is:
Correct : A. Rs.1054
38. Among the following states which has the highest HDI value?
Correct : C. Kerala
39. Which of the following bodies finalizes the Five Year Plan proposals?
Correct : C. National Development Council
40. Who among the following is the Chairman of the Planning Commission?
Correct : C. Prime Minister
41. Planning in India derives its objectives from :
Correct : B. Directive Principles of State policy
42. The concept of Five Year Plans in India was introduced by:
Correct : B. Jawaharlal Nehru
43. National Development Council was set up in :
Correct : D. 1952
44. The first attempt to initiate economic planning in India was made by:
Correct : C. M. Visvesvaraya
45. The period of the First Five Year plan was from :
Correct : B. 1951‐52 to 1955‐56
46. The mian objective of First Five Year Plan was:
Correct : C. Development of agriculture including irrigation and power projects
47. Which of the following Five Year Plans was terminated one year before its completion?
Correct : D. Fifth
48. Economic Planning is a subject:
Correct : A. In the Union List
49. Which of the following are not members of the National Development Council?
Correct : B. the President
50. The Second Five Year Plan laid more stress upon:
Correct : B. Industrialization
51. Attainment of economic self reliance and removal of poverty were the main objectives of :
Correct : C. Fifth Five Year Plan
52. For internal financing of Five Year Plans, the government depends on:
Correct : D. Taxation, public borrowing & deficit financing
53. The Eighth Five Year Plan gave priority to:
Correct : D. Employment generation
54. The strategy of rolling plan was adopted during the Prime Ministership of ;
Correct : C. Morarji Desai
55. Who among the following authored the book 'Planned Economy for India' in 19
Correct : C. M. Viswesvaraya
56. The Planning Commission implemented three Annual Plans instead of Five Year Plans between:
Correct : A. The Third and Fourth Plan
57. What is the correct sequence of the following strategies used for Five Year Plans in India? 1. Balanced growth 2. Rehabilitation of the economy 3. Industrial development
Correct : C. 2,3,1
58. The steel plants at Durgapur, Bhilai and Rourkela were established during the period of:
Correct : B. Second Five Year Plan
59. Eighth Five Year Plan covered the period:
Correct : D. 1992‐97
60. The term 'Hindu rate of growth' refers to the 3.70% per annum growth rate achieved by the Indian economy over the first six Five Year Plans'. The term was coined by:
Correct : C. Raj Krishna
61. Which of the following statements is correct?
Correct : B. The Prime Minister is the Chairman of the Planning Commission.
62. Economic planning is an essential feature of:
Correct : D. Socialist economy
63. The main model that formed the basis of the strategy of the Second Five Year Plan was formulated by :
Correct : B. PC. Mahalonobis
64. A major shift in the Eighth Five Year Plan from it preceding ones was:
Correct : B. Major investment in agriculture with a view to promoting exports
65. The objective of ‘inclusive growth’ was first used in which of the following plans?
Correct : D. Eleventh
66. Which one of the following is related to the commodity money?
Correct : D. All of the above
67. Which of the following is not related to commodity money?
Correct : D. There was no problem of coincidence of wants
68. Find the odd man out with reference to money
Correct : C. Cattles
69. Which of the following is not correctly matched?
Correct : C. Grains – used as money by the agricultural society
70. Assertion (A): Necessity led to the invention of money.
Reason(R) : Barter system failed to perform the major functions of money.
Correct : C. Both (A) and (R) are true and (R) is the correct explanation of (A)
71. Which one of the following is an example of “fiat money?”
Correct : D. Currency notes
72. In the case of paper currency
Correct : B. Intrinsic value is less than face value
73. ‐‐‐‐‐‐ is not an example of ‘near money’
Correct : D. Currency notes
74. Which of the following is a primary function of money?
Correct : A. Measure of value
75. The most liquid form of all assets is
Correct : D. Currency note
76. In India the standard money is
Correct : B. Rupee
77. In the case of a ‘full bodied money’:
Correct : B. Intrinsic value is equal to face value
78. In the case of a ‘token money’
Correct : C. Face value is greater than the metal value
79. Demand for money arises from
Correct : C. Both A and B
80. People are said to be suffered from “money illusion” since:
Correct : A. People merely consider with nominal money holdings
81. Which of the following is a concept of ‘broad money”:
Correct : C. M3
82. In the Quantity Theory of Money, Fischer states that while other things remains the same:
Correct : A. Price level varies directly with the quantity of money
83. Inflation is a situation where
Correct : B. Value of money is falling
84. ‘Stagflation’ is a situation where the economy faces:
Correct : B. Inflation as well as stagnation
85. Cost – push inflation arises due to:
Correct : D. All of the above
86. Which of the following is not a function of a commercial bank:
Correct : C. Issuing currency
87. Which of the following represents the major functions of the central bank?
Correct : D. All of the above
88. Find the odd man out:
Correct : B. Taxation
89. Bank rate refers to:
Correct : B. Rediscount rate
90. Open market operation influences:
Correct : C. Both A and B
91. Which of the following is an anti‐deflationary monetary policy?
Correct : A. Purchase of government securities from commercial banks and from the public
92. Which of the following is not a measure of selective credit control?