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State PSC Planning And Economy — practice questions — page 5

Explore 178 free Planning And Economy questions in State PSC Geography. Open each question or exercise to read its content, reference answers and available explanation.

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Planning And Economy questions and exercises with answers

Showing questions 121–150 of 178.

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 →The Silk Route was an early long distance trade route of about 6,000 km connecting which two places?Read the answer and worked solution →Which country abolished the slave trade first, in 1792?Read the answer and worked solution →Countries first imposed trade taxes and quantitative restrictions during which period?Read the answer and worked solution →International trade rests on which economic principle?Read the answer and worked solution →Which are the three important aspects of international trade?Read the answer and worked solution →A country's imports are worth more than its exports. What kind of balance of trade does it have?Read the answer and worked solution →Two countries agree to trade specified goods only with each other. What kind of trade is this?Read the answer and worked solution →A country grants a trading partner special terms under multilateral trade. What is this status called?Read the answer and worked solution →Opening up an economy by lowering tariffs and barriers is called:Read the answer and worked solution →A firm sells the same shrimp cheaper abroad than at home for reasons unrelated to cost. What is this called?Read the answer and worked solution →In which year was the General Agreement on Tariffs and Trade formed?Read the answer and worked solution →GATT was transformed into which permanent body from 1 January 1995?Read the answer and worked solution →Where are the headquarters of the World Trade Organisation?Read the answer and worked solution →Was India a founder member of the WTO?Read the answer and worked solution →About 120 regional trade blocs generate what share of world trade?Read the answer and worked solution →A port handling bulk cargo like grain, ore and oil is classed as which type?Read the answer and worked solution →Athens has a deep water port built away from it to receive very large ships. What is such a port called?Read the answer and worked solution →Singapore collects goods from many countries for re-export. What kind of port is it?Read the answer and worked solution →Dover in England and Calais in France face each other and carry passengers and mail. They are:Read the answer and worked solution →Catch the old moneyRead the answer and worked solution →Pop the port typesRead the answer and worked solution →Run the trade yearsRead the answer and worked solution →Slice the trade termsRead the answer and worked solution →Which port typeRead the answer and worked solution →Sort the portsRead the answer and worked solution →Type the numberRead the answer and worked solution →Trade bingoRead the answer and worked solution →On 1 January 2015 the Planning Commission was replaced by which body?Read the answer and worked solution →

Worked practice questions

Which Assam fair, held every January near Guwahati, still keeps the barter system alive?

  1. Kumbh Mela
  2. Jon Beel Mela
  3. Pushkar Mela
  4. Sonepur Mela
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Correct answer: B. Jon Beel Mela

1. Jon Beel Mela is held at Jagiroad. 2. It is 35 km from Guwahati. 3. Tribes barter goods there. _Source: syllabus Geography, Fundamentals of Human Geography, Chapter 9, International Trade._

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The word salary comes from the Latin salarium. What did it originally mean payment in?

  1. Salt
  2. Silver
  3. Silk
  4. Sand
Show answer and solution

Correct answer: A. Salt

1. Salarium means payment by salt. 2. Rock salt was rare and costly. 3. So it served as money. _Source: syllabus Geography, Fundamentals of Human Geography, Chapter 9, International Trade._

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The Silk Route was an early long distance trade route of about 6,000 km connecting which two places?

  1. Spain and Morocco
  2. Rome and China
  3. Egypt and India
  4. Greece and Persia
Show answer and solution

Correct answer: B. Rome and China

1. The Silk Route linked Rome to China. 2. It was about 6,000 km long. 3. Silk, wool and precious metals moved on it. _Source: syllabus Geography, Fundamentals of Human Geography, Chapter 9, International Trade._

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