TNPSC Economics Study Material in Tamil and English Pdf - 1

Question: 1

India's wage policy is based on

(A) cost of living

(B) productivity

(C) standard of living

(D) none of these

Ans: A

cost of living

Question: 2

What was the primary objective of 'Green Revolution' in India?

(A) To increase the extent of cash crop cultivation

(B) To introduce the Japanese method of paddy cultivation

(C) Modernisation of agriculture through science and technology

(D) To increase the area of green forests under social forestry scheme

Ans: C

Modernisation of agriculture through science and technology

Question: 3

The most important source of capital formation in India has been

(A) Corporate savings

(B) Government revenue surpluses

(C) Public sector savings

(D) Household savings

Ans: D

Household savings

Question: 4

'Globalisation of Indian Economy' means

(A) giving up programmes of import substitution

(B) having maximum possible restriction on economic relations with other countries

(C) establishing Indian business units abroad

(D) stepping up external borrowings

Ans: B

having maximum possible restriction on economic relations with other countries

Question: 5

In India, the Public Sector is most dominant in

(A) organised term – lending financial institutions

(B) commercial banking

(C) transport

(D) steel production

Ans: B

commercial banking

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