Economics UPSC PYQ 2002

Question 1

With reference to the Indian economy, consider the following activities:
1. Agriculture, Forestry and Fishing
2. Manufacturing
3. Trade, Hotels, Transport and Communication
4. Financing, Insurance, Real Estate and Business services
The decreasing order of the contribution of these sectors to the Gross Domestic Product (GDP) at factor cost at constant prices (2000-01) is

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Answer

3, 1, 2, 4

Answer

1, 3, 4, 2

Answer

3, 4, 1, 2

Answer

1, 3, 2, 4

Question 2

In terms of value, which one of the following commodities accounted for the largest agricultural exports by India during the three-year period from 1997-1998 to 1999-2000?

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Answer

Cereals

Answer

Marine products

Answer

Spices

Answer

Tea

Question 3

Consider the following statements:
1. NTPC is the largest power utility in India.
2. ONGC accounts for half of the LPG production in India.
3. Indian Oil Corporation operates all the oil refineries in India.
4. The Indian Ordinance Factory is the largest departmentally run industrial undertaking in the country.
Which of these statements is/are correct?

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Answer

1 only

Answer

2 and 3

Answer

2, 3 and 4

Answer

1 and 4

21 more Economics 2002 questions await