NTSE ECONOMY SAMPLE PAPER

1.

An economy is a system which produces goods and services with the utilization of: (a) natural (c) material (b) physical (d) all of these

2.

Land, labour, capital and organization are the factors of resources for the purpose of providing a living to the people: (a) production (c) consumption (b) distribution (d) none of these

3.

The vital processes of an economy are: (a) production and consumption (b) exchange and distribution (c) exchange and investment (d) exchange, consumption, exchange, distribution and investment

4.

Which of the following is in the sole proprietorship? (a) Agriculture (c) Cottage industries (b) Retail trade (d) All of the above

5.

Which of the following is public limited company in the private sector? (a) TISCO (c) DCM (b) TELCO (c) All of these

6.

Steel Authority of India Ltd, Indian Oil Corporation etc. are the companies of : (a) private sector (b) public sector

(c) joint sector

(d) none of these

7.

Which of the following are body and bones of an economy? (a) Education and training (c) Both of the above (b) Transport and communication (d) None of the above

8.

Atomic explosion experiments were held at Pokhran in Rajasthan on : (a) 10th May 1857 (c) 25th May 1927 (b) 18th May 1974 (d) none of these

9.

Sir Charles Trivilliyan said : (a) "Irrigation is everything in India" (c) "Irrigation increases agriculture (b) "Irrigation is not a need in India" (d) none of the above

10.

ICOR means: (a) Industrial Credit Organization and Reconstruction (b) Incremental Capital Output Ratio (c) Investment Capital Output Ratio (d) none of the above

11.

The persons who work on the other's land and get a share of crop are : (a) marginal farmers (c) share croppers (b) landless labour (d) bonded labour

12.

Which sector in Indian economy is more important? (a) Tertiary sector (b) Secondary sector

(c) Primary sector

(d) None of the above

13.

Indias export trade includes all agricultural crops like: (a) rice (c) fruits and vegetables (b) wheat (d) all of the above

14.

The units which are sick for generating profits are: (a) under developed unit (c) plantation industries (b) sick units (d) none of the above

15.

The salient feature of the government's industrial policy is : (a) automatic permission for direct investment up to 51 % (b) automatic permission for direct savings upto 51% (c) automatic permission for direct expenditure upto 51% (d) none of the above

16.

The integrated rural programme was launched five year plan : (a) fifth (c) third (b) fourth (d) sixth

17.

The least corrupt Asian Country is : (a) Singapore (c) Japan (b) Hongkong (d) none of these

18.

The least corrupt European country is : (a) Finland (b) Sweden

(c) Denmark

(d) all of these

19.

Indian Parliament faced terrorist attack on: (a) 13th September 2001 (c) 13th September 2000 (b) 13th September 2001 (d) 13th September 2000

20.

The Naxalite Movement in India got inspiration from the Chinese Revolution le by: (a) Sun-Yat-Sen (c) Chang-sheik (b) Mao-Tse-Tung (d) none of these

NTSE ECONOMY SAMPLE PAPER

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(d) (a) (d) (d) (d) (b) (b) (b) (a) (b) (c) (c) (d) (b) (a) (d) (a) (d) (c) (b)