Economic Scenario (Uttar Pradesh)

Total Questions: 50

21. With effect from 1 April, 2017 the minimum wage for unskilled labour in Uttar Pradesh has been fixed at: [U.P.P.C.S. (Pre) 2017]

(a) Rs 7000 per month
(b) Rs 7400 per month
(c) Rs 7800 per month
(d) Rs 8200 per month

Correct Answer: (b) Rs 7400 per month

Solution:When question asked option (b) was correct. The minimum wages for unskilled labour in Uttar Pradesh with effect from October 1, 2022 to March 31, 2023 has been fixed at:

Category	Total
Unskilled	9743
Semi skilled	10717
Skilled	12005

22. The Percentage of work force in total population of Uttar Pradesh is- [U.P.R.O/A.R.O. (Pre) 2021]

(a) 18.5%
(b) 23.7%
(c) 30.2%
(d) 31.2%
(e) 32.9%

Correct Answer: (e) 32.9%

Solution:The work force in total population of Uttar Pradesh is 32.9%.

23. Assertion (A): Uttar Pradesh shares 9.4% of country's Gross Domestic Product (GDP). [U.P.P.C.S. (Mains) 2009]

Reason (R): Uttar Pradesh shares 66% of the total exports of the country.

Select the correct answer from the code given below:

Code:

(a) Both (A) and (R) are true, and (R) is the correct explanation of (A)
(b) Both (A) and (R) are true, but (R) is not a correct explanation of (A)
(c) (A) is true, but (R) is false
(d) (A) is false, but (R) is true on

Correct Answer: (c) (A) is true, but (R) is false

Solution:When question asked correct option was option (c). According to State Budget 2023-24 U.P. has about 8.0% share of the GDP.

24. Assertion (A): Uttar Pradesh, the most populous State of India, is economically a backward State. [U.P.P.C.S. (Mains) 2010]

Reason (R): There is a marked disparity in the development levels in different parts >of the State.

Select the correct answer from the code given below : Code:

(a) Both (A) and (R) are true, and (R) is the correct explanation of (A)
(b) Both (A) and (R) are true, but (R) is not a correct explanation of (A)
(c) (A) is true, but (R) is false
(d) (A) is false, but (R) is true

Correct Answer: (b) Both (A) and (R) are true, but (R) is not a correct explanation of (A)

Solution:The Assertion and the Reason, both are correct. However, the Reason does not explain the Assertion adequately.

25. About 55 percent of the total revenue receipts of the government of U.P. is contributed by [U.P.P.C.S. (Mains) 2002]

(a) Entertainment tax
(b) Trade tax
(c) Stamp duty
(d) State excise duty

Correct Answer: (b) Trade tax

Solution:The maximum share in the total income of the government of Uttar Pradesh comes from commercial tax. When this question was asked, it was about 55 percent. The Uttar Pradesh State Budget 2023-24 estimates the income of 150,000 crore rupees from GST, Rs. 58,000 crore form excise duty, Rs. 34,560 crore from stamp and resistration and Rs. 12672 from vehicle tax.

26. The largest share of 'Revenue Receipts' of U.P. Government comes from: [U.P.P.C.S. (Mains) 2004, U.P.P.C.S. (Mains) 2003, U.P.P.C.S. (Mains) 2005]

(a) Land Revenue
(b) Commercial Trade Tax
(c) The share of Union Excise Duty
(d) Registration Fee

Correct Answer: (b) Commercial Trade Tax

Solution:Commercial Tax is the largest source of income of the Uttar Pradesh government as per U.P. budget 2016-17. A total income of 57,940 crore rupees is estimated from commercial tax in the fiscal year 2016-17 which is 10 percent higher than the target during 2015-16. With the introduction of GST, State Goods & Services Tax (SGST) has become largest source of revenue for the state in 2023-24 advance estimates, it was about 150,000 crore.

27. The largest share in the income of Uttar Pradesh government comes from - [U.P.R.O/A.R.O. (Pre) 2014]

(a) Registration fee
(b) Trade tax
(c) Land revenue
(d) Share in union excise duty

Correct Answer: (b) Trade tax

28. Which trade zone of Uttar Pradesh tops in the collection of trade tax? [U.P.P.C.S. (Mains) 2009, U.P.P.C.S. (Mains) 2005]

(a) Ghaziabad
(b) Kanpur
(c) Lucknow
(d) Noida

Correct Answer: (c) Lucknow

Solution:

When question asked, Maximum collection of trade tax comes from Lucknow Zone which is followed by Kanpur, Ghaziabad and Noida Zones respectively. The least collection comes from Jhansi Zone.

29. First 'Deendayal Handicraft Sankul' trade facilitation centre is located at [U.P.RO/ARO 2017]

(a) Agra
(b) Varanasi
(c) Kanpur
(d) Gorakhpur

Correct Answer: (b) Varanasi

Solution:First 'Deendayal Handicraft Sankul' trade facilitation centre is located at Varanasi. On 22 September, 2017, Prime Minister devoted this centre to the nation. In November 2014 the foundation stone of this centre was laid down by P.M.

30. Trade Facilitation Centre and Craft Museum is established in the district of Uttar Pradesh [U.P.R.O./A.R.O (Re-Exam) (Pre) 2016]

(a) Prayagraj
(b) Varanasi
(c) Ayodhya
(d) Amethi