MCQOPTIONS
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MCQOPTIONS
This section includes 2956 Mcqs, each offering curated multiple-choice questions to sharpen your UPSC IAS Exam knowledge and support exam preparation. Choose a topic below to get started.
| 2651. |
Commerce is related to |
| A. | Production of goods |
| B. | Exchange of goods |
| C. | Providing occupation |
| D. | Providing services |
| Answer» C. Providing occupation | |
| 2652. |
Consider the following regarding ISI marka. It's a certification mark for industrial products in Indiab. The mark certifies that a product confirms to the Indian Standard, mentioned as IS.XXXX on top of the mark, developed by BIS.c. It's mandatory for certifying products to be sold in Indiad. It's associated with FICCI.Which of the following is/ are correct? |
| A. | I, II and III are correct |
| B. | II, III and IV are correct |
| C. | I, II and IV are correct |
| D. | I, II, III and IV are correct. |
| Answer» B. II, III and IV are correct | |
| 2653. |
Consider the following statements (I) SWOT analysis is a framework of identifying and framing organizational growth opportunities. (II) SWOT is an acronym for an organization's internal Strengths and Weaknesses and External Opportunities and Threats. Which of the following is/are correct? |
| A. | Only I |
| B. | Only II |
| C. | Both I and II |
| D. | None of the Above |
| Answer» D. None of the Above | |
| 2654. |
The head office of the National Bank for Agriculture and Rural Development (NABARD) located in |
| A. | Lucknow |
| B. | Hyderabad |
| C. | New Delhi |
| D. | Mumbai |
| Answer» E. | |
| 2655. |
"Everything else can wait, but not agriculture". The statement is attributed to |
| A. | Jagjivan Ram |
| B. | J. L. Nehru |
| C. | Mahatma Gandhi |
| D. | Sardar Patel |
| Answer» C. Mahatma Gandhi | |
| 2656. |
Which is not a source of Agriculture finance in India? |
| A. | Co-operative societies |
| B. | Commercial Banks |
| C. | Regional Rural Banks |
| D. | None of these |
| Answer» E. | |
| 2657. |
Rashtriya Krishi Vikas Yojna was launched in the year? |
| A. | 2003 |
| B. | 2004 |
| C. | 2006 |
| D. | 2007 |
| Answer» E. | |
| 2658. |
Which of the following doesn?t characterized business activities? |
| A. | Production of goods and services |
| B. | Presence of risk |
| C. | Sale or exchange of goods and services |
| D. | Salary or wages |
| Answer» E. | |
| 2659. |
In which state Chinese e-retailer giant Alabama will set up its first office in India? |
| A. | Kerala |
| B. | Delhi |
| C. | Guru gram |
| D. | Mumbai |
| Answer» E. | |
| 2660. |
Which of the following statement is correct? I. ISOPOM provides flexibility to states in implementation based on a regionally differentiated approach for promoting crop diversification and providing a focus to the programme. II. This scheme is under implementation in the country for increasing area, production and yield of these crops from 2009-10 III. The pulses component was merged with NFSM w.e.f. April 2013. Which is correct? |
| A. | I & II |
| B. | Only I |
| C. | Only II |
| D. | All the above |
| Answer» C. Only II | |
| 2661. |
Which statement is correct regarding NAIS? I. It is a central sector, government sponsored crop insurance scheme, in operation since 1999. II. It provides financial support to the farmers in the failure of any of the crops. III. The AICIL is the implementing agency of this scheme. |
| A. | I & II |
| B. | Only II |
| C. | Only III |
| D. | All the above |
| Answer» E. | |
| 2662. |
Which statement is correct according to the growth and productivity of agriculture? I. The total irrigated area increased from less than one million hectares per annum before the green revolution to about 2.5 million hectares per annum during the 1970's II. The total gross irrigated area now is 40 million hectares. III. The yield per hectare of food grains has shown remarkable increase in the pre Green Revolution period. |
| A. | Only I |
| B. | I & II |
| C. | I & III |
| D. | b None of the above |
| Answer» B. I & II | |
| 2663. |
What is NABARD? I. They are apex institution for providing credit facility to agricultural and rural areas. II. These are the most important source of rural credit. III. They provide finance rural credit directly through Regional Rural Banks (RRBs). |
| A. | I & II |
| B. | Only I |
| C. | Only II |
| D. | None of the above |
| Answer» C. Only II | |
| 2664. |
What is Co-operative collective farming? I. Where the society holds the land and leases it to individual members. II. Where land is irrevocably surrendered to the collective. III. Where the farmers pool their land and reap the economies of scale, although the ownership continues to remain with the individual farmer. |
| A. | I & II |
| B. | Only II |
| C. | Only III |
| D. | None of the above |
| Answer» C. Only III | |
| 2665. |
Consider the following statements about National Watershed Development project for rain fed areas launched in India? 1. National Watershed Development Project for rain fed areas was launched in 1990-91. 2. National Watershed Development Project for rain fed areas was launched throughout the country. Which of the statements given above is/are correct? |
| A. | 1 only |
| B. | 2 only |
| C. | Both 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» B. 2 only | |
| 2666. |
Consider the following statements. 1. The loans disbursed to farmers under Kisan Credit Card Scheme are covered under Rashtiya Krishi Bema Yojna of Life Insurance Corporation of India 2. The Kisan Credit Card holders are provided personal accident insurance of Rs. 50,000 for accidental death and Rs. 50,000 for permanent disability. Which of the statements given above is/are correct? |
| A. | 1 only |
| B. | 2 only |
| C. | Both 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» C. Both 1 and 2 | |
| 2667. |
Consider the following statements: 1. Regarding the procurement of food grains, Government of India follows a procurement target rather than an open-ended procurement policy. 2. Government of India announces minimum support prices only for cereals 3. For distribution under Targeted Public Distribution System (TPDS), wheat and rice are issued by the Government of India at uniform Central issue prices to the States/Union Territories. Which of the statements given below above is/are correct? |
| A. | 1 and 2 |
| B. | 2 only |
| C. | 1 and 3 |
| D. | 3 only |
| Answer» E. | |
| 2668. |
The government has powers under the Essential Commodities Act, 1955 (EC Act) to declare a commodity as an essential commodity to ensure its availability to people at fair price. The Commodities covered under the Act include: 1. Paper 2. Hank Yarn 3. Fertilizers 4. Petroleum and Petroleum Products 5. Cotton and Jute seeds |
| A. | 1, 2 and 3 |
| B. | 1, 3 and 4 |
| C. | 3, 4 and 5 |
| D. | 2, 3, 4 and 5 |
| Answer» E. | |
| 2669. |
Public Distribution System (PDS) means distribution of essential commodities to a large number of people through a network of Fair Price Shops on a recurring basis. The Commodities distributed under PDS are: (1) Wheat (2) Rice (3) Sugar (4) Pulses (5) Kerosene Select the correct option: |
| A. | 1, 2 and 4 |
| B. | 1, 2, 3 and 4 |
| C. | 1, 2, 3 and 5 |
| D. | All of the above |
| Answer» D. All of the above | |
| 2670. |
The statement "Issued capital is the shared capital that has been issued to the shareholders. This is a part of company's authorized capital". The given statement is |
| A. | FALSE |
| B. | TRUE |
| C. | All of the above |
| D. | None of these |
| Answer» C. All of the above | |
| 2671. |
The term FICCI stands for? |
| A. | Framework of Indian Chamber of Commerce and Industry |
| B. | Federation of Indian Chamber of Commerce and Industry |
| C. | Federation of Indian Council of Commerce and Industry |
| D. | Framework of Indian Council of Commerce and Industry |
| Answer» C. Federation of Indian Council of Commerce and Industry | |
| 2672. |
Consider the following statements regarding the objectives of the Second Green Revolution announced in 2005:1. It seeks to minimise post-harvest wastage2. It will focus on improved storage3. It will help the Indian farmers meet phyto-sanitary conditions4. It will equip the Indian farmers to participate more fully in global agricultural tradeWhich of these statement's is/are correct? |
| A. | 1, 2, 3 and 4 |
| B. | 1, 3 and 4 |
| C. | 4 only |
| D. | 2, 3 and 4 |
| Answer» B. 1, 3 and 4 | |
| 2673. |
With reference to Indian agriculture, consider the following statements:1. Agriculture provides direct livelihood to 59% of the labour force in India.2. It contributes more than 20% to the GDP3. It accounts for about 10% of the total value of India's commodity exports4. Almost 80% of the area under agriculture is irrigated.Which of the above statement's is/are correct? |
| A. | 1, 2, 3 and 4 |
| B. | 1, 2 and 3 |
| C. | 3 only |
| D. | 4 only |
| Answer» C. 3 only | |
| 2674. |
Consider the following regarding lease. (i) A legal document outlining the terms under which one party agress to rent property from another party. (ii) This guarantees the lessee use of an asset and guarantees the lessor regular payments from the lessee for a specified number of months or years. Which of the following is/are correct? |
| A. | Only I |
| B. | Only II |
| C. | Both I and II |
| D. | None of these |
| Answer» D. None of these | |
| 2675. |
Consider the following statements (i) Corporate taxes are taxes against profits earned by business during a given taxable period. (ii) A tax payer distributes the incidence of tax and provides for a simple and convenient mode of payment. Which of the following statement is/are correct? |
| A. | Only I |
| B. | Only II |
| C. | Both I and II |
| D. | None of these |
| Answer» B. Only II | |
| 2676. |
Which of the following can't be classified as an objective of business? |
| A. | Investment |
| B. | Productivity |
| C. | Innovation |
| D. | Profit earning. |
| Answer» B. Productivity | |
| 2677. |
What is the name of the mobile company which was acquired by Sony? |
| A. | Nokia |
| B. | Ericsson |
| C. | Docomo |
| D. | Cell one |
| Answer» C. Docomo | |
| 2678. |
The 'Closed Economy' is the economy in which - |
| A. | Only export takes place |
| B. | Budget deficit is less |
| C. | Only import takes place |
| D. | There is no foreign trade |
| Answer» E. | |
| 2679. |
'VAT' is imposed- |
| A. | Directly on consumer |
| B. | on first stage of production |
| C. | on all stages between production and sale |
| D. | on final stage of production |
| Answer» D. on final stage of production | |
| 2680. |
Consider the following statements about the Agriculture Income Tax 1. Agriculture Income Tax is levied and collected by the Union Government. 2. Agriculture Income Tax is levied throughout the country in India. Which of the statements given above is/are correct? |
| A. | 1 only |
| B. | 2 only |
| C. | Both 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» E. | |
| 2681. |
Consider the following statements about the National Cooperative Marketing Federation of India Limited (NAFED). 1. NAFED promotes the inter-state trade as well as export of certain agricultural commodities to many foreign countries. . 2. NAFED is responsible for the movement of the essential commodities from surplus areas to scarcity areas. Which of the statements given above is/are correct? |
| A. | 1 only |
| B. | 2 only |
| C. | Both 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» D. Neither 1 nor 2 | |
| 2682. |
Index 'Residex' is associated with-1. Share Prices2. Mutual Fund Prices3. Price Inflation Index4. Land PricesChoose the right option |
| A. | 1 only |
| B. | 1 and 2 |
| C. | 3 only |
| D. | 4 only |
| Answer» E. | |
| 2683. |
Which of the broad categories of industries covers oil refineries and sugar mills? |
| A. | Primary |
| B. | Secondary |
| C. | Tertiary |
| D. | None of them |
| Answer» C. Tertiary | |
| 2684. |
Economic activities may be classified into business, _______ and employment. |
| A. | Profession |
| B. | occupation |
| C. | Vocation |
| D. | work |
| Answer» B. occupation | |
| 2685. |
Name the two broad categories of business activities. |
| A. | Trade and commerce |
| B. | Trade and industry |
| C. | Industry and commerce |
| D. | None of these |
| Answer» D. None of these | |
| 2686. |
Which of the statement is correct regarding White revolution? I. It occurred in India in 1970. II. Prof. Verghese Kuerin was the father of White Revolution in India. III. It works through a network of co-operative societies which are owned and managed by the milk producers. |
| A. | I & II |
| B. | I & III |
| C. | Only I |
| D. | All the above |
| Answer» E. | |
| 2687. |
What are Co-operative Credit Societies? I. They are apex institution for providing credit facility to agricultural and rural areas. II. These are the most important source of rural credit. III. They are finance rural credit directly through Regional Rural Banks (RRBs). |
| A. | I & II |
| B. | Only III |
| C. | Only II |
| D. | None of the above |
| Answer» D. None of the above | |
| 2688. |
What is procurement price? I. It is that price at which government purchases the crop after harvesting, while MSP is the minimum price at which government declares it will buy the crop. II. It is that price at which people purchases the crop after harvesting, while MSP is the maximum price at which government declares it will buy the crop. III. It is the price at which people purchase the product from the government |
| A. | Only I |
| B. | II & III |
| C. | Only III |
| D. | None of the above |
| Answer» B. II & III | |
| 2689. |
The Rural Infrastructure Development Fund (RIDF), which is used by the state governments to develop infrastructure in rural areas, is managed by which among the following? |
| A. | IDBI |
| B. | RBI |
| C. | NABARD |
| D. | Rural Ministry of India |
| Answer» D. Rural Ministry of India | |
| 2690. |
Which among the following is largest producer of wheat in India? |
| A. | Punjab |
| B. | Uttar Pradesh |
| C. | Rajasthan |
| D. | Madhya Pradesh |
| Answer» C. Rajasthan | |
| 2691. |
The occupation in which people work for others and get remunerated in return is known as: |
| A. | Business |
| B. | Unemployment |
| C. | Profession |
| D. | None of these. |
| Answer» C. Profession | |
| 2692. |
Reserve Bank of India extended the period of enhanced PPI limit of Rs.20,000 as a part of effort promote digital payments. What is me full form of PPI? |
| A. | Prepaid Payments Instruments |
| B. | Postpaid Payment Instruments |
| C. | Pre-Payment Instruments |
| D. | None of these |
| Answer» B. Postpaid Payment Instruments | |
| 2693. |
Business risk is not likely to arise due to: |
| A. | Changes in government policy. |
| B. | Good management |
| C. | Employee dishonesty |
| D. | Power Failure |
| Answer» C. Employee dishonesty | |
| 2694. |
Which among the following is an example of Green Field Investment? |
| A. | Investment made by a real estate company in agriculture land to develop it later when the land prices increase |
| B. | Investment made by a company in a new factory complex in a remote land of the country where there was no facilities |
| C. | Investment made by a company to clean up a cement factory located in populated area because of its pollution and using it for a commercial office purpose |
| D. | Investment made by a company to clean up a cement factory located in populated area because of its pollution and using it for a residential purpose |
| Answer» C. Investment made by a company to clean up a cement factory located in populated area because of its pollution and using it for a commercial office purpose | |
| 2695. |
Indian poverty is said to be predominantly rural. Yet the problem of urban poverty appears to have reached unmanageable proportions. The paradox is explained by: 1. greater visibility of urban poverty 2. migration of rural population to urban areas 3. seasonality of agricultural operations 4. the cycle of drought and floods |
| A. | 1 only |
| B. | 1 and 2 |
| C. | 1 and 4 |
| D. | All of these |
| Answer» C. 1 and 4 | |
| 2696. |
Which of the following statements with regard to Indian Agriculture is/are true? 1. Although rice is the most important cereal being cultivated in India in terms of total production, wheat is fast catching up. 2. Green revolution did not make an impact on the production of pulses. |
| A. | 2 only |
| B. | 1 only |
| C. | 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» D. Neither 1 nor 2 | |
| 2697. |
Consider the following statements: 1. Among Fruits Largest Area under cultivation in India is that of Banana 2. Among Fruits Largest Production is India is that of Mango Which among the above is / are correct statements? |
| A. | Only 1 is correct |
| B. | Only 2 is correct |
| C. | Both statements are correct |
| D. | Both statements are incorrect |
| Answer» E. | |
| 2698. |
Consider the following statements:1. 14 major dairying states account for more than 90% of India's Milk Production2. National Dairy Plan was launched to improve the quality of Milch animals in these 14 statesWhich among the above statements is / are correct? |
| A. | Only 1 is correct |
| B. | Only 2 is correct |
| C. | Both 1 and 2 are correct |
| D. | Neither 1 nor 2 is correct |
| Answer» B. Only 2 is correct | |
| 2699. |
Consider the following. (i) The companies Act (Amendment) Bill 2016 seeks to amend the Companies Act 2013 which regulates the incorporation, regulation and winding up of companies. (ii) The Bill is mainly based on the recommendations of the companies Law Committee. Which of the following is /are correct? |
| A. | Only I |
| B. | Only II |
| C. | Both I and II |
| D. | None of the above. |
| Answer» D. None of the above. | |
| 2700. |
Transfer of interest exists in the case of |
| A. | Profession |
| B. | Employment |
| C. | Business |
| D. | None of these |
| Answer» D. None of these | |