Economics MCQs

Page No. 132

Which crops are sown in Rabi season ?


aTobacco rape seed


bWheat, gram


cbarely & mustard


d All of them


View Answer All of them

Kharif crops include ?


a rise & sugarcane


b cotton & maze


cbajra & jawar


dAll of them


View Answer All of them

Name the country which has the largest natural gas reserves in the world ?


aIndia


bCanada


cItaly


dRussia


View Answer Russia

Which one of the following countries is the largest oil consumer of the world ?


aRussia


bChina


cUSA


dindia


View Answer USA

Which country has the largest area in the world ?


aCanada


bChina


cIndia


dRussia


View Answer Russia

Cocoa is a tropical plant and requires heat and moisture. Which of the following countries is leading in cocoa productions in the World ?


aBrazil


bNigeria


cGhana


dIvory Coast


View Answer Ivory Coast

Which of the following practices of cultivation can be referred to as crop rotation ?


a Different crops in different seasons


b Different crops in the same season


cThe same crop in different seasons


dNone of the above



Statement A: The might of a country consists of gaining surpluses of gold and silver Statement B: A nation’s strength is found in economic independence and the maintenance of a favorable balance of trade Statement C: We need to gain colonies both as sources for raw materials and as markets for our manufactured of goods Which economic system is being described by these statements ?


atraditional


bfeudal


ccommand


dmercantile


View Answer mercantile

The economic policy of mercantilism first developed during the ?


aAge of Exploration


bEnlightenment


cCold War


dGreen Revolution


View Answer Age of Exploration

Which statement best describes how a command economy functioned in the Soviet Union ?


aThe laws of supply and demand controlled the economy


bTrade policies mandated that imports exceed exports


cThe success of the agricultural sector controlled the price of manufactured goods


dA central authority determined the type and quantity of goods to be produced



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