DAY – 34: Insights Self Study Guide for Prelims + Mains – 2015
13 July 2015
Following Questions are Based on this TIMETABLE
NOTE: Art and Culture Topics of Two Previous Days Will be Covered Tomorrow & Day after Tomorrow
Descriptive Questions
CLICK on the Questions to Post Your Answers.
NCERT Class XI, Indian Economic Development, Chapter – 9
NCERT Class XI, Indian Economic Development, Chapter – 9
NCERT Class XI, Indian Economic Development, Chapter – 9
NCERT, Class XII, Macroeconomics, Chapter – 1
Multiple Choice Questions Quiz
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Welcome to the New initiative. The following questions are based on the topics we have given in this Timetable. For more challenging question papers (Full Length), please join our Preliminary Exam – 2015 Test Series (Please Click Here for Reviews)
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Question 1 of 12
1. Question
With reference to CNG and LPG, consider the following statements:
- Compressed Natural Gas is often colloquially called propane
- Both CNG and LPG can not be used as fuels in vehicles
- CNG is manufactured during petroleum refining process
Which of the above statements is/are INCORRECT?
Correct
Solution: d)
NCERT, Class XI, Indian Economic Development, Chapter – 9
http://www.diffen.com/difference/CNG_vs_LPG
Incorrect
Solution: d)
NCERT, Class XI, Indian Economic Development, Chapter – 9
http://www.diffen.com/difference/CNG_vs_LPG
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Question 2 of 12
2. Question
Which of the following is/are a factor contributing towards global warming?
- Deforestation
- Release of methane from animal waste
- Increased cattle production
Choose the correct answer using the codes below:
Correct
Solution: d)
NCERT, Class XI, Indian Economic Development, Chapter – 9
Incorrect
Solution: d)
NCERT, Class XI, Indian Economic Development, Chapter – 9
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Question 3 of 12
3. Question
Which of the following is/are NOT a function of environment?
- It assimilates waste
- It provides resources
- It sustains life
- It provides aesthetics
Choose the correct answer using the codes below:
Correct
Solution: d)
NCERT, Class XI, Indian Economic Development, Chapter – 9
Incorrect
Solution: d)
NCERT, Class XI, Indian Economic Development, Chapter – 9
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Question 4 of 12
4. Question
With reference to carrying capacity, consider the following statements:
- An area’s carrying capacity is always static
- The human carrying capacity of earth is fixed at 1.5 Billion population
Which of the above statements is/are correct?
Correct
Solution: d)
NCERT, Class XI, Indian Economic Development, Chapter – 9
https://www.wou.edu/las/physci/ch371/lecture/popgrowth/carrying.htm
Incorrect
Solution: d)
NCERT, Class XI, Indian Economic Development, Chapter – 9
https://www.wou.edu/las/physci/ch371/lecture/popgrowth/carrying.htm
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Question 5 of 12
5. Question
Consider the following statements:
- The problem of ozone depletion is caused by high levels of chlorine and bromine compounds in the stratosphere
- UV radiation increases production of phytoplankton and thus affects other aquatic organisms
Which of the above statements is/are correct?
Correct
Solution: a)
NCERT, Class XI, Indian Economic Development, Chapter – 9
Incorrect
Solution: a)
NCERT, Class XI, Indian Economic Development, Chapter – 9
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Question 6 of 12
6. Question
With reference to Halons, consider the following statements:
- They are chemical compounds now widely used in firefighting
- Halons are atmospheric ozone depleters but not greenhouse gases
Which of the above statements is/are correct?
Correct
Solution: d)
NCERT, Class XI, Indian Economic Development, Chapter – 9
http://www.britannica.com/science/halon
Incorrect
Solution: d)
NCERT, Class XI, Indian Economic Development, Chapter – 9
http://www.britannica.com/science/halon
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Question 7 of 12
7. Question
Consider the following statements:
- Capital goods are final goods yet they are not final goods to be ultimately consumed
- Capital goods make production of other commodities feasible, but they themselves don’t get transformed in the production process
Which of the above statements is/are correct?
Correct
Solution: c)
NCERT, Class XII, Macroeconomics, Chapter – 1
Incorrect
Solution: c)
NCERT, Class XII, Macroeconomics, Chapter – 1
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Question 8 of 12
8. Question
In economics, depreciation is an annual allowance for wear and tear of
Correct
Solution: b)
NCERT, Class XII, Macroeconomics, Chapter – 1
Incorrect
Solution: b)
NCERT, Class XII, Macroeconomics, Chapter – 1
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Question 9 of 12
9. Question
Consider the following statements:
- Gross Domestic Product measures the aggregate production of final goods and services taking place within the domestic economy during a year
- If we deduct depreciation from Net National Product (NNP) the measure of aggregate income that we obtain is called Gross National Product (GNP)
Which of the above statements is/are correct?
Correct
Solution: a)
NCERT, Class XII, Macroeconomics, Chapter – 1
Incorrect
Solution: a)
NCERT, Class XII, Macroeconomics, Chapter – 1
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Question 10 of 12
10. Question
If we add subsidies to the Net National Product evaluated at market prices, the measure that is obtained is called as
Correct
Solution: d)
NCERT, Class XII, Macroeconomics, Chapter – 1
Incorrect
Solution: d)
NCERT, Class XII, Macroeconomics, Chapter – 1
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Question 11 of 12
11. Question
A measure of the level of prices of all new, domestically produced, final goods and services in an economy that accounts for inflation is known as
Correct
Solution: b)
NCERT, Class XII, Macroeconomics, Chapter – 1
Incorrect
Solution: b)
NCERT, Class XII, Macroeconomics, Chapter – 1
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Question 12 of 12
12. Question
Which of the following measure change of prices in an economy?
- Consumer Price Index
- GDP deflator
- Wholesale Price Index
Choose the correct answer using the codes below:
Correct
Solution: d)
NCERT, Class XII, Macroeconomics, Chapter – 1
Incorrect
Solution: d)
NCERT, Class XII, Macroeconomics, Chapter – 1
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