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State PSC Indian Economy — practice questions — page 9

Explore 416 free Indian Economy questions in State PSC Geography. Open each question or exercise to read its content, reference answers and available explanation.

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Indian Economy questions and exercises with answers

Showing questions 241–270 of 416.

A market that is held on fixed days and moves from village to village is called:Read the answer and worked solution →Which was the first large-scale innovation in retailing?Read the answer and worked solution →A retailer buys stock in bulk from an intermediary merchant, not a factory. This is:Read the answer and worked solution →Lines on a map joining places that take equal time to reach are called:Read the answer and worked solution →In a transport network, the meeting point of two or more routes is a:Read the answer and worked solution →Why are all forms of transport also called lines of communication?Read the answer and worked solution →Which developments made communication independent of transport?Read the answer and worked solution →Radio and television reach vast audiences and are therefore called:Read the answer and worked solution →A grocery shop or laundry is which order of service compared with an accountant?Read the answer and worked solution →A multiplex sits in the Central Business District but a golf course does not. Why?Read the answer and worked solution →Mumbai's dabbawalas deliver tiffins to about how many customers?Read the answer and worked solution →Travel for recreation rather than business is called:Read the answer and worked solution →Tourism is the world's largest tertiary activity. How many registered jobs does it provide?Read the answer and worked solution →About 55,000 patients from which country came to India for treatment in 2005?Read the answer and worked solution →Heritage home-stays in Goa, Madikere and Coorg are examples of which tourism factor?Read the answer and worked solution →Research, development and information based work form which sector?Read the answer and worked solution →The highest level decision and policy makers perform which activities?Read the answer and worked solution →Senior executives, research scientists and top consultants are nicknamed which collar?Read the answer and worked solution →Giving work to an outside agency to cut costs is outsourcing. When that work goes overseas it is called:Read the answer and worked solution →Catch the service jobsRead the answer and worked solution →Pop the call centre landsRead the answer and worked solution →Run the sectorsRead the answer and worked solution →Slice the retail formsRead the answer and worked solution →Low or high orderRead the answer and worked solution →Which knowledge sectorRead the answer and worked solution →Type the numberRead the answer and worked solution →Services bingoRead the answer and worked solution →A potter swaps pots for a plumber's work with no money involved. What is this system called?Read the answer and worked solution →Which Assam fair, held every January near Guwahati, still keeps the barter system alive?Read the answer and worked solution →The word salary comes from the Latin salarium. What did it originally mean payment in?Read the answer and worked solution →

Worked practice questions

A market that is held on fixed days and moves from village to village is called:

  1. Wholesale house
  2. Periodic market
  3. Chain store outlet
  4. Departmental store
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Correct answer: B. Periodic market

1. Periodic markets serve areas with no regular market. 2. They may be weekly or bi-weekly. 3. Shopkeepers stay busy by moving around. _Source: syllabus Geography, Fundamentals of Human Geography, Chapter 7, Tertiary and Quaternary Activities._

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Which was the first large-scale innovation in retailing?

  1. Internet shopping
  2. Mail order catalogue
  3. Consumer cooperatives
  4. Vending machines
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Correct answer: C. Consumer cooperatives

1. Consumer cooperatives came first. 2. Departmental stores delegate to section heads. 3. Chain stores buy most economically. _Source: syllabus Geography, Fundamentals of Human Geography, Chapter 7, Tertiary and Quaternary Activities._

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A retailer buys stock in bulk from an intermediary merchant, not a factory. This is:

  1. Retail trading
  2. Street peddling
  3. Barter exchange
  4. Wholesale trading
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Correct answer: D. Wholesale trading

1. Wholesale trade is bulk business through intermediaries. 2. Most retailers buy from wholesalers. 3. Wholesalers often extend credit. _Source: syllabus Geography, Fundamentals of Human Geography, Chapter 7, Tertiary and Quaternary Activities._

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