NTSE SAT Economics Papers 01

NTSE SAT Economics Papers 01

This is NTSE SAT Economics Papers 01 .. There are 15 questions in this test with each question having around four answer choices.

Questions & Answers

1
Micro Economics is also known as
  • A
    Expenditure theory
  • B
    Price theory
    Correct
  • C
    Savings
  • D
    Income theory
2
This is not a social and demographic indicator under Economic development
  • A
    Life expectancy
  • B
    Literacy rate
  • C
    Urbanisation
  • D
    Increase in employment
    Correct
3
This is an example for direct taxation
  • A
    Customs - Imports
  • B
    Excise – Manufacturing
  • C
    Wealth – Profits
    Correct
  • D
    Turn-over - Sale
4
This economist termed continuous exploitation of economic resources as “Economic drain”
  • A
    Amartya Sen
  • B
    D.R.Gadgil
    Correct
  • C
    Dadabhai Naoroji
  • D
    Kautilya
5
Under this system, the land belonged to a small group of family who are usually powerful in the region
  • A
    Rayatwari
  • B
    Mahalwari
    Correct
  • C
    Zamindari
  • D
    Kouldari
6
Under the capitalistic economy, the factors of production are owned by ________________
  • A
    None of the above
  • B
    Government
  • C
    Private individuals
    Correct
  • D
    Both
7
Minimum Support Price is related to the ________________
  • A
    Agricultural sector
    Correct
  • B
    None of the above
  • C
    Industrial sector
  • D
    Service sector
8
The Reserve Bank of India was established in the year ___________________
  • A
    1969
  • B
    1947
  • C
    1935
    Correct
  • D
    1951
9
The duration of the First Five Year Plan of India was _______________
  • A
    1955-1960
  • B
    1950-1955
  • C
    1947-1952
  • D
    1951-1956
    Correct
10
The concept of Poverty Line was first given in India by __________________
  • A
    Dr. Amartya Sen
  • B
    Dr. Dandekar
    Correct
  • C
    Dr. Manmohan Singh
  • D
    Mahatma Gandhi
11
Which of the following is not taken into account in the measure of human development as given by UNDP?
  • A
    Literacy rate
  • B
    Life expectancy at birth
  • C
    Per capita Income
  • D
    Provision of safe drinking water
    Correct
12
Which of the following is true of MGNREGA?
  • A
    It is a State Government programme
  • B
    It is a safe employment programme
  • C
    It provides employment to a willing worker for 300 days in a year
  • D
    It is a Central Government programme
    Correct
13
Which of the following banks creates credit?
  • A
    The World Bank
  • B
    Co-operative Banks
  • C
    The Central Bank
  • D
    Commercial Banks
    Correct
14
Social infrastructure does not include:
  • A
    Schools
  • B
    Railways
  • C
    Hospital
  • D
    Cinema halls
    Correct
15
Which of the following sectors contributes the least to India’s national income?
  • A
    Industry
  • B
    Foreign trade
  • C
    Services
  • D
    Agriculture
    Correct