DAY 18Quick read
DAY 18
Quiz-summary
0 of 10 questions completed
Questions:
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
Information
Welcome to Manifest IAS daily quiz!!! | Day 18
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading...
You must sign in or sign up to start the quiz.
You have to finish following quiz, to start this quiz:
Results
0 of 10 questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 points, (0)
| Average score |
|
| Your score |
|
Categories
- Economic impact of British Colonial Rule 0%
- Economics Basic concepts and key terms 0%
- JUNE 2019 PRELIMS SNIPPETS 0%
| Pos. | Name | Entered on | Points | Result |
|---|---|---|---|---|
| Table is loading | ||||
| No data available | ||||
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- Answered
- Review
-
Question 1 of 10
1. Question
2 pointsDuring the second half of the nineteenth century there was a rush of foreign capital in Indian market. Which of the following is/are would be the main reason for it?
1.Availability of cheap labour in India
2.Diminishing avenues for investments at European market
3.Ready markets abroad for some Indian exports such as tea, jute and manganese.
Select the correct answer from the code given below:Correct
There was a rush of foreign capital in India at this time due to-
•prospects of high profits,
•availability of cheap labour,
•cheap and readily available raw material,
•ready market in India and the neighbours,
•diminishing avenues for investments at home,
•Willingness of the administration to provide all the help, and
•Ready markets abroad for some Indian exports such as tea, jute and manganese.Incorrect
There was a rush of foreign capital in India at this time due to-
•prospects of high profits,
•availability of cheap labour,
•cheap and readily available raw material,
•ready market in India and the neighbours,
•diminishing avenues for investments at home,
•Willingness of the administration to provide all the help, and
•Ready markets abroad for some Indian exports such as tea, jute and manganese. -
Question 2 of 10
2. Question
2 pointsWith reference to the development of industries during the nineteenth and twentieth century in India, consider the following statements.
1.Regional disparities reduced drastically
2.Rise of an industrial capitalist class and the working class as an important feature of this phase.
Select the correct answer from the code given below:Correct
- Indian-owned industries came up in cotton textiles and jute in the nineteenth century and in sugar, cement, etc in the twentieth century.
- The industrial development was characterised by a lopsided pattern—core and heavy industries and power generation were neglected and some regions were favoured more than others causing regional disparities. These regional disparities hampered the process of nation building.
- In the absence of careful nurturing of technical education, the industry lacked sufficient technical manpower.
- Socially, the rise of an industrial capitalist class and the working class was an important feature of this phase.
Incorrect
- Indian-owned industries came up in cotton textiles and jute in the nineteenth century and in sugar, cement, etc in the twentieth century.
- The industrial development was characterised by a lopsided pattern—core and heavy industries and power generation were neglected and some regions were favoured more than others causing regional disparities. These regional disparities hampered the process of nation building.
- In the absence of careful nurturing of technical education, the industry lacked sufficient technical manpower.
- Socially, the rise of an industrial capitalist class and the working class was an important feature of this phase.
-
Question 3 of 10
3. Question
2 pointsThe drain theory was put forward by Dadabhai Naoroji in his book Poverty and UnBritish Rule in India. Which of the following are the major components of this drain.
1.salaries and pensions of civil and military officials
2.interests on loans taken by the Indian Government from abroad
3.profits on foreign investment in India
Select the correct answer from the code given below:Correct
The drain theory was put forward by Dadabhai Naoroji in his book Poverty and British Rule in India. The major components of this drain were
- salaries and pensions of civil and military officials,
- interests on loans taken by the Indian Government from abroad,
- profits on foreign investment in India,
- stores purchased in Britain for civil and military departments,
- payments to be made for shipping, banking and insurance services
Incorrect
The drain theory was put forward by Dadabhai Naoroji in his book Poverty and British Rule in India. The major components of this drain were
- salaries and pensions of civil and military officials,
- interests on loans taken by the Indian Government from abroad,
- profits on foreign investment in India,
- stores purchased in Britain for civil and military departments,
- payments to be made for shipping, banking and insurance services
-
Question 4 of 10
4. Question
2 pointsThe currency notes in circulation, as well as the proportion of total money supply held in the form of currency, are influenced by which of the following?
1.The Physical volume of trade and transactions
2.The level of prices in the economy
3.The development of bank and banking habits of the people
Select the correct answer using the code given below:Correct
Money multiplier depends upon the following reasons
- Level of income
- Physical volume of transactions
- The development level of banking system
- Banking habit of the people
- interest rate
- black money held by the public
Incorrect
Money multiplier depends upon the following reasons
- Level of income
- Physical volume of transactions
- The development level of banking system
- Banking habit of the people
- interest rate
- black money held by the public
-
Question 5 of 10
5. Question
2 pointsUnder flexible exchange rate system, balance of payments disequilibria are corrected by
1.Changes in the exchange rates
2.International flow of money and reserves
Which of the statements given above is/ are correct?Correct
- Case for flexible exchange rates
- Disequilibrium be automatically corrected
- No need for complicated transactions
- Effective monetary policy removes problem of international liquidity and promotes international trade
Incorrect
- Case for flexible exchange rates
- Disequilibrium be automatically corrected
- No need for complicated transactions
- Effective monetary policy removes problem of international liquidity and promotes international trade
-
Question 6 of 10
6. Question
2 pointsThe Lorenz Curve shows the relationship between
Correct
Lorenz Curve is common depict income distribution showing the cumulative percentage of people from the poorest up and their cumulative share of national income
Incorrect
Lorenz Curve is common depict income distribution showing the cumulative percentage of people from the poorest up and their cumulative share of national income
-
Question 7 of 10
7. Question
2 pointsConsider the following statements
1.The number of terms is large both under perfect competition and monopolistic competition
2.There is freedom of entry and exit in both perfect competition and monopolistic competition.
3.In both perfect competition and monopolistic competition, every firm is a price taker and quantity adjuster.
Which of the statements given above are correct?Correct
Under perfect competition and monopolistic competition, some similarities are
- More firms
- Free/easy entry
- U shaped cost curve
Incorrect
Under perfect competition and monopolistic competition, some similarities are
- More firms
- Free/easy entry
- U shaped cost curve
-
Question 8 of 10
8. Question
2 pointsConsider the following statements regarding PRAGATI (Pro-Active Governance And Timely Implementation)
1.It is an e-governance project designed by PMO and National Informatics Center (NIC)
2.It is aimed at addressing common man’s grievances.
Select the correct answer from the code given below:Correct
- The system has been designed in-house by the PMO team with the help of National Informatics Center (NIC).
- It is aimed at addressing common man’s grievances, and simultaneously monitoring and reviewing important programmes and projects of the Government of India as well as projects flagged by State Governments.
Incorrect
- The system has been designed in-house by the PMO team with the help of National Informatics Center (NIC).
- It is aimed at addressing common man’s grievances, and simultaneously monitoring and reviewing important programmes and projects of the Government of India as well as projects flagged by State Governments.
-
Question 9 of 10
9. Question
2 pointsINSV Tarini, recently seen in news, is_
Correct
- Navika Sagar Parikrama is the name of expedition for circumnavigation of the globe on indigenously built INSV Tarini by Indian Navy’s Women Naval Officers.
- This is the first ever Indian circumnavigation of the globe by an all-women crew.
Incorrect
- Navika Sagar Parikrama is the name of expedition for circumnavigation of the globe on indigenously built INSV Tarini by Indian Navy’s Women Naval Officers.
- This is the first ever Indian circumnavigation of the globe by an all-women crew.
-
Question 10 of 10
10. Question
2 pointsWith reference to International Telecommunications Union Council (ITU), consider the following statements
1.ITU is an agency of the United Nations (UN)
2.Recommendations of the ITU are non-binding
3.India has been elected as a member of the ITU Council
Select the correct answer from the code given below:Correct
- ITU is the United Nations specialized agency for information and communication technologies – ICTs. Founded in 1865 to facilitate international connectivity in communications networks.
- India has been elected as a member of the International Telecommunications Union Council (ITU) for another 4-year term – from 2019 to 2022
- Although the recommendations of the ITU are non-binding, most countries adhere to them in the interest of maintaining an effective international electronic communication environment.
Incorrect
- ITU is the United Nations specialized agency for information and communication technologies – ICTs. Founded in 1865 to facilitate international connectivity in communications networks.
- India has been elected as a member of the International Telecommunications Union Council (ITU) for another 4-year term – from 2019 to 2022
- Although the recommendations of the ITU are non-binding, most countries adhere to them in the interest of maintaining an effective international electronic communication environment.
