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Economy - Questions and AnswersPage 3

21.

In which one of the following places was the Asia First Export Processing Zone set-up?
(a)Santa Cruz
(b)Kandla
(c)Cochin
(d)Surat
Comment
Answer is: BNA

22.

Which country/countries started privatization of state-own enterprises as a major state policy?
(a)UK under Mrs Margeret Thatcher
(b)Russia in CIS
(c)Maxico, Argentina and Brazil
(d)Italy, France and Malaysia
Comment
Answer is: ANA

23.

Which one of the following is not an immediate indicator of industrial Sickness?
(a)Drop in profitability
(b)Labour unrest
(c)Shrinking of market credit
(d)Decline in market share
Comment
Answer is: DNA

24.

WTO came into existence at the conclusion of which round of GATT?
(a)Singapore
(b)Uruguay
(c)Tokyo
(d)Marrakesh
Comment
Answer is: DNA

25.

Which one of the following airports in India is the first to be owned by a public limited company?
(a)Dabolim airport, Goa
(b)Cochin airport
(c)Hyderabad airport
(d)Bengaluru
Comment
Answer is: BNA

26.

Debenture holders of a company are its
(a)shareholders
(b)creditors
(c)debtors
(d)directors
Comment
Answer is: BNA

27.

Which one of the following cities is identified as the hottest outsourcing destination in the world?
(a)Dublin, Ireland
(b)Bengaluru, India
(c)Makati City, The Phillippine
(d)Tokyo, Japan
Comment
Answer is: BNA

28.

When the productive capacity of the economic system of a state is inadequate to create sufficient number of jobs, it is called
(a)Seasonal Unemployment
(b)Structural Unemployment
(c)Disguised Unemployment
(d)Cyclic Unemployment
Comment
Answer is: BNA

29.

Structural unemployment arises due to
(a)deflationary condition
(b)heavy industry bias
(c)shortage of raw materials
(d)inadequate productive capacity
Comment
Answer is: BNA

30.

National Rural Health Mission (NRHM) was launched in the year
(a)2003
(b)2004
(c)2005
(d)2006
Comment
Answer is: CNA

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