Previous year MCQs

Economy UPPSC 2003 GS-I
Question

Among the following sectors, which contributes most to the savings, in India:

Answer & Solution

Answer: (Detailed Solution Below)

Option C: Household sector

Detailed Solution:

The correct answer is “Household sector”.
In India, the sector that contributes the most to savings is: 3) Household sector

Gross Domestic Saving consists of savings of household sector, private corporate sector, and public sector.

Similar Questions:

Arrange the following Committees formed for small scale sector in a chronological order and select the correct answer from the codes given below:

I. Nayak Committee
II. Abid Hussain Committee
III. S.S. Kohli Committee
IV. Karve Committee

Codes:
  1. A) I, II, IV, III
  2. B) III, II, I, IV
  3. C) IV, I, II, III
  4. D) I, II, III, IV
Which of the following taxes does not directly increase the price of a commodity to buyers:
  1. A) Income Tax
  2. B) Trade Tax
  3. C) Import Duty
  4. D) Excise Duty
Which among the following organisations are responsible for canalising export and import of India?

I. Mineral and Metal Trading Corporation
II. Exim Bank
III. State Trading Corporation
IV. Food Corporation of India

Select the correct answer from the code given below:

Code:
  1. A) I, II, III, and IV
  2. B) II and IV
  3. C) I and III
  4. D) II, III and IV
The position of India in worlds textile export is:
  1. A) First
  2. B) Second
  3. C) Third
  4. D) Fourth
Indian rupee has been made fully convertible on:
  1. A) Current account on March 1, 1993
  2. B) Current account in August, 1994
  3. C) Capital account in August, 1994
  4. D) Current account in April, 1995
Which one of the following is not correctly matched:
  1. A) ginger–rhizome
  2. B) saffron–seeds
  3. C) opium–poppy of opium
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Consider the following cities on the Western coast of India:

1. Janjira
2. Kannur
3. Nagarcoil
4. Sindhudurg

The correct sequence of these cities from North to South is:

Code:
A B C D
  1. A) 1 2 3 4
  2. B) 2 1 3 4
  3. C) 1 2 4 3
  4. D) 1 4 2 3
Since the start of Planning in India, the total number of years not covered by any five year Plans is:
  1. A) 6
  2. B) 7
  3. C) 5
  4. D) 4
How many times Financial Emergency has been declared in India so far?
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  2. B) 4 times
  3. C) Once
  4. D) Never
Mixed Economy means-
  1. A) Co-existence of small and large industries
  2. B) Co-existence of public and private sectors
  3. C) Co-existence of rich and poor
  4. D) Promoting both agriculture and industry in the economy
Match List-I and List-II and select the correct answer from the code given below:
List-I - List-II

A. Bhilai - 1. Chhatisgarh
B. Bokaro - 2. Jharkhand
C. Durgapur - 3. Orissa
D. Rourkela - 4. West Bengal

Code:
A B C D
  1. A) 1 2 3 4
  2. B) 1 2 4 3
  3. C) 1 3 2 4
  4. D) 2 3 1 4
Which of the following has chosen gross National Happiness as the index of progress:
  1. A) Sweden
  2. B) Switzerland
  3. C) Bhutan
  4. D) Japan