Economic Scenario (Uttarakhand)

Total Questions: 13

1. The present economy of Uttaranchal is mainly dependent upon : [Uttarakhand P.C.S. (Pre) 2002]

1. Forest property

2. Heavy and medium industries

3. Forest-related industry

4. River water

Select the correct answer from the code given below:

(a) 1 and 2
(b) 2 and 3
(c) 1, 3 and 4
(d) 2, 3 and 4

Correct Answer: (c) 1, 3 and 4

Solution:The present economy of Uttarakhand is dependent on forests, forest-related industries, river water and tourism. Thus, option 1, 3, 4 are correct. Thus option (c) will be correct answer.

2. Consider the following statements and select the right answer from the code given below: [Uttarakhand Lower Sub. (Pre) 2010]

Assertion (A): There can be a significant role of Tourism in the economy of Uttarakhand.

Reason (R): There are many tourist spots in Uttarakhand.

Code:

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

Correct Answer: (a) (A) and (R) are both true, and (R) is the correct explanation of (A).

Solution:Uttarakhand is an important state from tourism point of view. Many historical and religious places are located here which are famous for tourism. Besides it, there are many hill stations which attract tourists during the summer. Thus, tourism can have a major role in the economy of Uttarakhand. Therefore, assertion and reason both are correct and the reason explains the assertion.

3. Which industry makes the highest contribution to the income of Uttarakhand? [Uttarakhand U.D.A./L.D.A. (Pre) 2007]

(a) Electricity
(b) Tourism
(c) Forest
(d) Transport

Correct Answer: (b) Tourism

Solution:Tourism industry contributes the maximum to the economy of the state of Uttarakhand.

4. What percent rise in capital expenditure has been provided 8. in Uttarakhand's budget for the year 2011-12? [Uttarakhand Lower Sub. (Pre) 2010]

(a) 55
(b) 20
(c) 40
(d) 30
(e) 45

Correct Answer: (e) 45

Solution:

Uttarakhand Budget 2011-12 provisions for increasing the capital expenditure by 45.90%. The Budget for 2023-24 estimates expenditure of 77407.09 crore rupee in which Rs. 24659.38 crore is capital expenditure which is about 31.85 of total expenditure.

5. In the Budget for the year 2016-17 of the State of Uttarakhand, which of the following items has been allotted the highest amount? [Uttarakhand P.C.S. (Pre) 2016]

(a) School Education
(b) Agricultural Development
(c) Industrial Development
(d) Roads Construction

Correct Answer: (a) School Education

Solution:In the Budget for the year 2016-17 of the state of Uttarakhand, School Education has been allotted the highest amount i.e. 6238 crores. In Budget 2022-23, Uttarakhand Government allotted the highest amount on Education.

6. Value Added Tax (VAT) was imposed in Uttarakhand on- [Uttarakhand Lower Sub. (Pre) 2010]

(a) 1 January 2005
(b) 1 February 2005
(c) 1 March 2005
(d) 1 April 2005
(e) 1 October, 2005

Correct Answer: (e) 1 October, 2005

Solution:'Value Added Tax' (VAT) was implemented in Uttarakhand on 1 October, 2005. On 1 April, 2005 VAT was introduced in few states only. Uttar Pradesh was the last state to implement VAT on 1 January, 2008.

7. In which year VAT was introduced in Uttarakhand? [Uttarakhand P.C.S. (Pre) 2021]

(a) 2007
(b) 2010
(c) 2012
(d) 2005

Correct Answer: (d) 2005

Solution:

VAT in Uttarakhand came into force from 1st October 2005. The Uttarakhand Value Added Tax Act, 2005 is the basic legal framework regulating VAT in Uttarakhand.

8. Which of the following fruit-growing districts of Uttaranchal has been inducted in the Leechi Export Zone by Government of India? [Uttarakhand P.C.S. (Mains) 2002]

(a) Nainital
(b) Dehradun
(c) Udham Singh Nagar
(d) All of the above

Correct Answer: (d) All of the above

Solution:All of the above districts of Uttaranchal (Uttarakhand) have been included in Leechi Export Zone by the Government of India.

9. Assertion (A): Uttaranchal is known for its 'money order economy'. [Uttarakhand P.C.S. (Pre) 2002]

Reason (R) It reflects the dimension of migration for employment outside the

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 the correct explanation of A.
(c) A is true, but R is incorrect
(d) A is incorrect, but R is true

Correct Answer: (a) Both A and R are true, and R is the correct explanation of A.

Solution:More than half of the total population of Uttarakhand is employed in other states in government and private services. This is the reason that the economy of Uttarakhand is called 'Money Order Economy'. Thus, the assertion and reason both are correct and the reason (R) explains assertion (A).

10. Consider the following statements - [Uttarakhand U.D.A./L.D.A. (Pre) 2003]

Assertion (A): The state of Uttaranchal has immense potential for development.

Reason (R): Scientific Planning and effective 368 executive machinery are essential for development.

Which one of the following is correct in context of the above statements?

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

Correct Answer: (b) (A) and (R) both are true but (R) is not the correct explanation of (A).

Solution:The state of Uttarakhand has a huge potential for development. Scientific planning and effective implementing machinery are required for development; this is not true only for Uttarakhand but for any state or nation. Thus, assertion (A) and reason (R) both are correct however reason (R) does not explain assertion (A).

12 Next »