TEST 6

Try the following MCQs:

Q1. Most world economies today are 'open' economies with substantial amounts
       of imports and exports. Which of the following is the most common measure
       of the 'openness' of an economy ?

       (A) Total Foreign Trade as a proportion of GDP
   
       (B) Total Imports as a proportion of GDP

       (C) Total Exports as a proportion of GDP

       (D) Total FDI as a proportion of GDP

Q2. Which of the following affect the exchange rate of currency among the
       countries ?

            1. Difference between interest rates among the countries
            2. Demand and supply of imports and exports
            3. Foreign exchange speculation

        Choose the correct alternative using the codes given below:
   
       (A) 1 and 2 only
   
       (B) 2 and 3 only

       (C) 1 and 3 only

       (D) 1, 2 and 3

Q3. Which of the following is/are not a part of the revenue receipts of the
       government ?

            1. Corporation Taxes
            2. Excise Taxes
            3. Disinvestment Proceeds
            4. Dividends on government investments

       Choose the correct alternative using the codes given below:
   
       (A) 1 and 2 only
 
       (B) 3 and 4 only

       (C) 3 only

       (D) 1, 2 and 4 only

Q4. Of the four alternative measures of money supply, which is the most
      commonly used measure of money supply?
     
       (A) M1
 
       (B) M2

       (C) M3

       (D) M4

Q5. National Disposable Income is defined as sum of

       (A) Net National Product at market prices and other
              current transfers from the rest of the world
 
       (B) Net National Product at factor cost and other
              current transfers from the rest of the world
 
       (C) Gross National Product at market prices and other
              current transfers from the rest of the world
 
       (D) Gross National Product at factor cost and other
              current transfers from the rest of the world

Q6. Which of the following is/are the tree species that one would
        naturally find in North-Eastern India ?

                   1. Aini
                   2. Ebony
                   3. Sandalwood
                   4. Sal

        Choose the correct alternative using the codes given below:
 
       (A) 1 and 2 only

       (B) 3 and 4 only

       (C) 1, 2 and 3 only

       (D) 1, 2, 3 and 4

Q7. Which of the following is/are the important tributaries of Ganga ?

                   1. Mahananda
                   2. Varuna
                   3. Gandak
                   4. Ramgana

        Choose the correct alternative using the codes given below:
 
       (A) 1 and 2 only

       (B) 3 and 4 only

       (C) 1, 3 and 4 only

       (D) 1, 2, 3 and 4

Q8. In which state is one most likely to find 'karewas' ?

       (A) Rajasthan

       (B) Gujarat

       (C) Jammu and Kashmir

       (D) Tamil Nadu

Q9. Consider the following statements :

                 1. Western Himalayas have more higher and steeper
                     peaks compared to Eastern Himalayas.
                 2. Western Himalayas are comparatively younger
                      then Eastern Himalayas.

        Which of the above statements is/are correct ?  

       (A) 1 only

       (B) 2 only

       (C) Both 1 and 2

       (D) Neither 1 nor 2

Q10. Which of the following is/are incorrectly matched ?

               1. Shipki La : Himachal Pradesh
               2. Bara Lacha La : Uttarakhand
               3. Zoji La : Jammu and Kashmir

       Choose the correct alternative using the codes given below:
 
       (A) 1 only

       (B) 1 and 3 only

       (C) 2 only

       (D) 1 and 2 only



                                                              * * * * * * *