Economics Miscellaneous (Part – I)

Total Questions: 50

11. Which of the following statements is not correct regarding the roadways of Madhya Pradesh according to Basic Road Statistics 2018-19? [M.P. P.C.S. (Pre) 2023]

Correct Answer: (d) This State ranks first in the country in road density.
Solution:According to Basic Road Statistics 2018-19, road density (per 1000 Sq. km) is highest in Chandigarh followed by Delhi, Puducherry, Lakshadweep and Kerala. Hence, statement of option (d) is incorrect, while other three statements are correct.

12. In which of the following States, India's first Railway line has been made under public-private partnership model? [U.P. Lower Sub. (Pre) 2015]

Correct Answer: (d) Gujarat
Solution:India's first Broad-guage railway line under public-private partnership model was made in Gujarat and dedicated to the Nation on 14 July, 2015. This railway line connects Tuna Tekra Port to Gandhidham.

13. How many railways stations have been identified for modernization under 'Amrit Bharat Station Scheme' in Uttar Pradesh as on February, 2023? [U.P.P.C.S. (Pre) 2023]

Correct Answer: (d) 149
Solution:As on February, 2023, 149 railway stations were identified for modernization under 'Amrit Bharat Station Scheme' in Uttar Pradesh. As per PIB press release of 8 December, 2023, so far, 1309 stations have been identified for development under this scheme all over India. Among these 1309 stations, 156 stations has been chosen from Uttar Pradesh, whereas from Maharashtra-126 stations, West Bengal-98 stations, Bihar-92 stations, Gujarat-87 stations etc.

14. The cities which are included in 'Golden Triangle' of Indian Tourism are: [U.P.P.C.S. (Pre) 2016]

Correct Answer: (a) Agra, Delhi and Jaipur
Solution:

In the context of Indian Tourism Agra, Delhi and Jaipur are included in 'Golden Triangle'. It is a tourist circuit. The Golden Triangle is so called because of the triangular shape formed by the locations on a map.

15. More than one-third of the crude steel production of the world comes from: [U.P.P.C.S (Pre) 2011]

Correct Answer: (a) China
Solution:As per the question period, more than one-third of the crude steel production of the world came from China. According to the data of the World Steel Association, the share of China was about 53.86% (1019.1 million tonnes) in the global crude steel production (1892.2 million tonnes) in the year 2023. While India (which is at second rank after China) produced a total of 140.8 million tonnes of crude steel in the year 2023, which is 7.44 percent of the global steel production.

16. As of early 2022, which country was at the top in steel production in the world? [U.P.P.C.S. (Pre) 2022]

Correct Answer: (c) China
Solution:As of early 2022 and in January-December 2023, China was at the top in steel production in the world, followed by India and Japan.

17. The Kamaiya system is: [U.P.U.D.A./L.D.A. (Pre) 2002]

Correct Answer: (b) a system of bonded labour in Nepal which continues from generation to generation
Solution:The Kamaiya system is a system of bonded labour practised in Nepal. Kamaiya system was abolished after protest in 2000 and 2006 respectively. Despite the 2013 official prohibition on putting girls into indentured servitude, the NYF estimated in October, 2017 that hundreds of girls were still living in slave-like conditions, many in home of prominent politicians and businessmen.

18. Which of the following statements is not correct? [U.P. P.C.S. (Mains) 2013]

Correct Answer: (c) India was a supplier of manufacturing goods during British rule.
Solution:India was a colony of Britain till 1947. British colonization of India began in 1757 when East India Company won Battle of Plassey and started his supermacy over Bengal. The Indian economy stagnated during British period. The then British Government of India followed a policy of free trade or unrestricted entry of British goods. Indian handicrafts were exposed to the fierce and unequal competition with the machine-made products of Britain and faced extinction. India had to admit British goods free or at nominal tariff rates and India became supplier of mainly raw-materials. The economic policy of British government as pointed out by R.C. Dutt later in 1901 in his famous work. The economic History of India', that the effort of the parliamentary select commiter of 1812 was "to discover how they (Indian manufacturers) could be replaced by British manufacturers and how British industries could be promoted at the expense of Indian industries."

19. Which one of the following statements about Arthashastra is not true? [U.P.P.C.S. (Pre) 1994]

Correct Answer: (b) It describes the then economic life of the country.
Solution:

The Arthashastra is an ancient Indian Sanskrit treatise on statecraft, economic policy and military strategy. Kautilya, also identified as Vishnugupta and Chanakya, is traditionally credited as the author of the text. It does not describe the then economic life of the country. Statements of other three options are correct about it.

20. In how many adhikarnas is the Kautilya Arthashastra divided? [B.P.S.C. (Pre) 2008]

Correct Answer: (d) 15
Solution:Kautilya Arthashastra is divided into 15 adhikarans.