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Economy - MOST IMPORTANT Jharkhand PCS Previous Year Questions

Practice real questions from previous year exams of Jharkhand PCS.

📘 Planning📚 LPG Strategy

Q1

When was the process of economic reforms started in India?

🎯 Jharkhand PCS (Pre) 2024-I

A.

1990

B.

1991

C.

1993

D.

1994

📘 National Income Concepts and Methods of Calculation📚 Per capita Income

Q2

Which of the following is the correct order in which the mentioned measures of development were introduced? (PQLI, HDI, Per-capita Income)

🎯 7th Jharkhand PCS (PRE) 2021 (Paper 1)

A.

PQLI, HDI, Per-capita Income

B.

Per-capita Income, PQLI, HDI

C.

HDI (Human Development Index), Per-capita Income, PQLI (Physical Quantity of Life Index)

D.

Per-Capita Income, HDI, PQLI

📘 National Income Concepts and Methods of Calculation📚 Misc

Q3

If economic development is conceived in principle, then which one of these is not generally taken into consideration?

🎯 Jharkhand PCS (Pre.) G.S. Ist 2013

A.

Increase in gross domestic product

B.

Increase in financial support from the World Bank

C.

Increase in gross national product

D.

Increase in per capita gross national product

📘 Five Year Plans in India📚 Second Five Year Plan

Q4

Which area was given the maximum emphasis in the second Five-Year Plan?

🎯 Jharkhand PCS (Pre) 2024-I

A.

Agricultural sector

B.

Transport

C.

Industrial

D.

Poverty alleviation

📘 Planning📚 Nehru Mahalanobis Strategy

Q5

Second five year Plan of India was based on an economic model developed by _______.

🎯 7th Jharkhand PCS (PRE) 2021 (Paper 1)

A.

Amartya Sen

B.

C.H. Hanumantha Rao

C.

Dadabhai Naoroji

D.

P.C. Mahalanobis

📘 Five Year Plans in India📚 Fifth Five Year Plan

Q6

One of the two main objectives of the Fifth Five Year Plan was poverty alleviation, second objective was?

🎯 Jharkhand PCS (Pre) G.S. 2008

A.

Attainment of self-reliance

B.

Achieve high rate of agricultural development

C.

Equal distribution of benefits of development

D.

Equal distribution of income and wealth

📘 Agriculture Sector📚 Features of Indian Agriculture

Q7

Sugarcane is a

🎯 Jharkhand PCS (Pre) 2024-I

A.

Short day plant

B.

Long day plant

C.

Day neutral plant

D.

Photo insensitive plant

📘 Agriculture Sector📚 Features of Indian Agriculture

Q8

Which of the following is not a cash crop?

🎯 Jharkhand PCS (Pre) 2024-I

A.

Jute

B.

Millet

C.

Sugarcane

D.

Peanut

📘 Agriculture Sector📚 Agricultural Production

Q9

India is the largest producer as well as the largest consumer and importer of which of the following crops?

🎯 Jharkhand PCS (Pre) 2024-I

A.

Wheat

B.

Cotton

C.

Pulses

D.

Sugarcane

📘 Agriculture Sector📚 Agricultural Revolutions and Missions

Q10

Which of the following genomic conditions is found in commercial edible wheat?

🎯 Jharkhand PCS (Pre) 2024-I

A.

AB genome

B.

ABC genome

C.

ABCD genome

D.

ABD genome

📘 Agriculture Sector📚 Features of Indian Agriculture

Q11

Which human activity is most affected by climate?

🎯 Jharkhand PCS (Pre.) G.S. Ist 2013

A.

Fishing

B.

Mining

C.

Manufacturing

D.

Farming

📘 Public Finance in India- Budget📚 Fiscal Deficit

Q12

In India's Union Budget, Fiscal deficit means:

🎯 7th Jharkhand PCS (PRE) 2021 (Paper 1)

A.

Difference between current expenditure and current revenue

B.

The difference between total revenue and total expenditure of the government

C.

Sum of monetized deficit and budgetary deficit

D.

Net increase in Union Government's borrowing from the Reserve Bank of India.

📘 Public Finance in India- Budget📚 Types of funds in Budget- Consolidated, Public Account, Contingency, etc.

Q13

Money received by the government under the 'State Provident Funds' is credited to the:

🎯 Jharkhand PCS (Pre.) G.S. Ist 2013

A.

Contingency Fund

B.

Consolidated Fund

C.

General Development Fund

D.

Public Accounts Fund

📘 Tax Structure in India📚 Value Added Tax (VAT)

Q14

Which state was the first to introduce Value Added Tax in India?

🎯 Jharkhand PCS (Pre.) G.S. 2010

A.

Jharkhand

B.

Delhi

C.

Haryana

D.

Goa

📘 Inequality📚 Gini Coefficient

Q15

Which of the following statements is/are correct regarding Gini coefficient? I. It measures the level of income inequality in the society. II. Higher the Gini coefficient, lower the inequality. III. It can be derived using the Lorenz curve.

🎯 Jharkhand PCS (Pre) 2024-I

A.

I only

B.

I and III only

C.

I and II only

D.

II and III only

📘 Unemployment📚 Misc

Q16

Labour force participation rate is defined as the:

🎯 Jharkhand PCS (Pre) 2024-I

A.

ratio of unemployed population to work force

B.

ratio of employed and willing to work to working age population

C.

ratio of employed to unemployed population

D.

ratio of work force to working age population excluding disguised unemployment

📘 Poverty📚 Definition and Indices

Q17

The cyclic poor are those-

🎯 Jharkhand PCS (Pre) G.S. Ist 2016

A.

Who always remain poor

B.

Who continuously move between being poor and non-poor

C.

Who mostly remain non-poor but sometimes they become poor

D.

All of the above

📘 Inequality📚 Misc

Q18

The rich are becoming richer and the poor are poorer and to know what is the need to compare?

🎯 Jharkhand PCS (Pre) G.S. 2006

A.

Wholesale price indicators of various periods in diverse areas

B.

Distribution of income tax payers of same class in various periods

C.

Timely distribution of income tax payers of various categories

D.

Availability of food grains to both the rich and poor people in different periods

📘 Unemployment📚 Disguised Unemployment

Q19

Disguised unemployment means:

🎯 Jharkhand PCS (Pre) G.S. Ist 2016

A.

Marginal productivity of labour is zero

B.

Marginal Productivity of labour is positive

C.

Marginal productivity of labour is negative

D.

Both (a) and (b)

📘 Poverty📚 Definition and Indices

Q20

The Lakdawala Committee (1993) is related to-

🎯 Jharkhand PCS (Pre) 2024-I

A.

income inequality

B.

poverty estimation

C.

inter-state relation

D.

biodiversity conservation

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