Economics Miscellaneous (Part – IV)

Total Questions: 52

41. V.V. Giri National Labour Institution is located at: [U.P.P.C.S. (Mains) 2017]

(a) Noida
(b) New Delhi
(c) Ghaziabad
(d) Gurugram

Correct Answer: (a) Noida

Solution:V.V. Giri National Labour Institute is located at Noida, Uttar Pradesh. The institute was established in 1974, as an autonomous body of the Ministry of Labour and Employment, Government of India.

42. The National Centre for Agricultural Economics and Policy Research is located at: [U.P. Lower Sub. (Pre) 2013]

(a) New Delhi
(b) Kolkata
(c) Hyderabad
(d) Bhopal

Correct Answer: (a) New Delhi

Solution:The National Institute (Formerly Centre) for Agricultural Economics and Policy Research is located at New Delhi. It was established by the Indian Council of Agricultural Research (ICAR) in the year 1991.

43. State and National Land Use Board and the National Land Resources Conservation and Development Council are mainly concerned with the problems related to: [R.A.S./R.T.S. (Pre) 1993]

(a) International water disputes
(b) Proper use of barren land
(c) Identification of cultivable land and its development
(d) Erosion and degradation of the land and soil

Correct Answer: (c) Identification of cultivable land and its development

Solution:State Land Use Boards, National Land Use and Conservation Board and National Land Resources Conservation and Wastelands Developments Council all of these were established to ensure that scarce land resources are put to optimal use and to take measures for conservation, management and development of cultivable land resources. Hence, option (c) is the correct answer.

44. Consider the following statements: [U.P. Lower Sub. (Pre) 2009]

1. Finance Commission is a non-statutory body.

2. Planning Commission is a statutory body.

3. R.B.I. was nationalized on 26.01.1949.

Which of the above statements is/are correct?

(a) Only 1 is correct
(b) Only 3 is correct-20
(c) 1 and 2 are correct
(d) None of the above

Correct Answer: (d) None of the above

Solution:All three statements are incorrect. Finance Commission is a statutory (constitutional) body under Article 280 of the Indian Constitution. Planning Commission was a non-statutory body and R.B.I. was nationalized on 1 January, 1949.

45. Match the cities labelled as 1, 2, 3, 4 and 5 in the given map with the names of the institutes located in these cities and select the correct answer by using the codes given below the names of the institutes: [I.A.S. (Pre) 2000]

Correct Answer: (b)

Solution:The Central Marine Fisheries Research Institute was established in Kochi, Kerala in 1947. Central Sheep Breeding Farm is located at Hisar, Haryana. National Dairy Research Institute was established in Bangalore in 1923, which was transferred to Karnal in 1955. National Institute of Agricultural Extension Management is situated at Hyderabad.

46. In the context of global economy which one of the following pair is not correctly matched? [I.A.S. (Pre) 2009]

(a) JP Morgan Chase - Financial Services
(b) Roche Holding AG - Financial Services
(c) WL Ross & Co. - Private Equity Firm
(d) Warburg Pincus - Private Equity Firm

Correct Answer: (b) Roche Holding AG - Financial Services

Solution:Roche Holding AG is a Switzerland based pharmaceuticals and diagnostic company. This company is engaged in healthcare. Other pairs are correctly matched. Hence, the correct answer is option (b).

47. In which of the following years National Water Development Agency was established? [M.P.P.C.S. (Pre) 2006]

(a) 1969
(b) 1970
(c) 1980
(d) 1990
(e)

Correct Answer: (e)

Solution:The National Water Development Agency (NWDA), a registered society under the Ministry of Jal Shakti was set up in the year 1982 to carry out detailed studies, surveys and investigations in respect of Peninsular Component of National Perspective Plan for Water Resources Development. The Government subsequently modified the functions of NWDA to include the Himalayan Component of National Perspective Plan for Water Resources Development in the year 1990.

48. Entrepreneurship Development Institute of India is located in: [U.P.P.C.S. (Mains) 2011]

(a) Ahmedabad
(b) Chennai
(c) Mumbai
(d) New Delhi

Correct Answer: (a) Ahmedabad

Solution:Entrepreneurship Development Institute of India (EDII) is located in Ahmedabad, Gujarat. It was established as an autonomous and not-for-profit organization in the year 1983.

49. National Institute for Entrepreneurship and Small Business Development is situated at: [U.P.P.C.S. (Mains) 2015]

(a) New Delhi
(b) Noida
(c) Bengaluru
(d) Hyderabad

Correct Answer: (b) Noida

Solution:The National Institute for Entrepreneurship and Small Business Development (NIESBUD) is situated in Noida (U.P.). It is a premier organization of the Ministry of Skill Development and Entrepreneurship, engaged in training. consultancy, research, etc. in order to promote entrepreneur- ship and skill development. It was established in 1983 under Societies Registration Act, 1860 by the Government of India.

50. Where is Indira Gandhi Rashtriya Manav Sangrahalaya located? [M.P.P.C.S. (Pre) 2000, M.P.P.C.S. (Pre) 1999]

(a) Delhi
(b) Bhopal
(c) Lucknow
(d) Calcutta

Correct Answer: (b) Bhopal

Solution:Indira Gandhi Rashtriya Manav Sangrahalaya (National Museum of Mankind) is located in Bhopal, Madhya Pradesh. Its objectives are to present an integrated story of the Evolution of man and culture with special reference to India; to take steps to salvage and preserve the fast vanishing aspect of the Indian culture; to promote and conduct research in the related subjects and provide funds; etc.

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