Q8. Assertion (A): India’s software exports increased at an average growth rate of 50% since 1995-96. Reason (R) : Indian software companies were cost-effective and maintained international quality.

Assertion (A): Information technology is fast becoming a very important field of activity in India. Reason (R) : Software is one of the major exports of the cou

Assertion (A): Information technology is fast becoming a very important field of activity in India. Reason (R): Software is one of the major exports of the coun

Assertion (A) : The rate of growth of India’s exports has shown an appreciable increase after 1991. Reason (R) : The Govt. of India has resorted to devaluation.

Assertion (A) : India does not export natural rubber. Reason (R) : About 97% of India’s demand for natural rubber is met from domestic production.

Assertion (A) : Devaluation of a currency may promote export. Reason (R): Price of the country’s products in the international market may fall due to devaluatio

Consider the following Assertion (A): For the first time, India had no trade deficit in the year 2002-03. Reason (R): For the first time, India’s exports crosse

Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R). Assertion (A) : An important policy instrument of economic l

Consider the following: Assertion (A) : During the year 2001-02, the value of India’s total exports declined, registering a negative growth of 2.17 %. Reason (R

Assertion (A) : The new EXIM policy is liberal, market oriented and favours global trade. Reason (R) : GATT has played a significant role in the liberalisation

Assertion (A) : Eastern coast of India produces more rice than the western coast. Reason (R) : Eastern coast receives more rainfall than the western coast.

Assertion (A) : Chile continues to be an important producer of copper in the world. Reason (R) : Chile is endowed with the world’s largest deposit of porphyry c

Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R): Assertion (A) : Though India’s national income has gone up s

Assertion (A) : Ceiling on foreign exchange for a host of current account transaction heads was lowered in the year 2000. Reason (R) : There was a fall in forei

Consider the following statements: 1. In the last five years, Indian software exports have increased at a compound annual growth rate of about 60% 2. The softwa

Assertion (A) : Balance of Payments represents a better Picture of a country’s economic transactions with the rest of the world than the Balance of Trade. Reaso

Assertion (A) : Bangalore receives much higher average annual rainfall than that of Mangalore. Reason (R) : Bangalore has the benefit of receiving rainfall both

Assertion (A) : Ganga plain is the most densely populated part of India. Reason (R) : Ganga is the most harnessed river of India.

Assertion (A) : The percentage of net sown area in the total area of Andhra Pradesh is less as compared to that of West Bengal. Reason (R) : The soil of most of

Assertion (A): Artificial satellites are always launched from the earth in the eastward direction. Reason (R): The earth rotates from west to east and so the sa

Assertion (A) : The United States of America has threatened to ask the World Trade Organisation (WTO) to apply sanctions against the developing countries for th

Assertion (A) : Fiscal deficit is greater than budgetary deficit. Reason (R) : Fiscal deficit is the borrowing from the Reserve Bank of India plus other liabili

Assertion (A): Ashoka annexed Kalinga to the Mauryan Empire. Reason (R): Kalinga controlled the land and sea routes to South India.

Assertion (A) : River Kalinadi is an east-flowing river in the southern part of India. Reason (R) : The Deccan Plateau is higher along its western edge and gent

With reference to the sectors of the Indian economy, consider the following pairs: | Economic activity | Sector | | :--- | :--- | | 1. Storage of agr

With reference to physical capital in Indian economy, consider the following pairs: | Items | Category | | :--- | :--- | | 1. Farmer’s plough | Worki

Increase in absolute and per capita real GNP does not connote a higher level of economic development, if: (a) industrial output fails to keep pace wit

In the context of Indian economy, consider the following statements: 1. The growth rate of GDP has steadily increased in the last five years. 2. The g

With reference to Indian economy, consider the following statements: 1. The Gross Domestic Product (GDP) has increased by four times in the last 10 ye

Which one of the following is the correct sequence in the decreasing order of contribution of different sectors to the Gross Domestic Product of India

Consider the following states: 1. Gujarat 2. Karnataka 3. Maharashtra 4. Tamil Nadu The descending order of these states with reference to their level

The most appropriate measure of economic growth is its: (a) Gross Domestic Product of a country’s (b) Net Domestic Product (c) Net National Product (d