121: Sustainable development is described as the development that meets the needs of the present without compromising the ability of future generations to meet their own needs. In this perspective, inherently the concept of sustainable development is intertwined with which of the following concepts ?
(a) Social justice and empowerment
(b) Inclusive Growth
(c) Globalization
(d) Carrying capacity
Explanation:
The carrying capacity of a biological species in an environment is the population size of the species that the environment can sustain indefinitely, given the food, habitat, water and other necessities available in the environment. For the human population, more complex variables such as sanitation and medical care are sometimes considered as part of the necessary establishment. Thus Sustainable development is intertwined with Carrying capacity.
122: 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.?
(a) Industry-Agriculture-Services
(b) Service-Agriculture-Industry
(c) Industry- Services-Agriculture
(d) Service- Industry- Agriculture
123: Consider the following statements:
1. The first telegraph line in India was laid between Kolkata (formerly Calcutta) and Diamond Harbour.
2. The first Export processing zone in India was set up in Kandla.
Which of the statements given above is/are correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Explanation:
.The first telegraph line was opened in 1851 between Kolkata and Diamond Harbour. By March 1844 telegraph massage could be sent form Agra to Kolkata. The first, automatic telephone exchange was commissioned at Shima in 1913-14.
Kandia free trade Zone is the first export-processing zone in India that has been set up in the year 1965. Seven other zones were later established in Mumbai, Chennai, Surat, Falta, kochi, Noida and Vizag.
124: In the vicinity of Mumbai, a number of specialised towns have been developed. Match the lists of specialisation with towns and select the
correct answer using the codes given below the lists :
List I-----------List II
(Towns)--------(Specialisation)
I. Alibag--------(A) Fishing Centre
II. Balapur------(B) Holiday resort
III. Nhava Sheva- (C) Petro-chemical complex
IV. Ratnagiri-------(D) Port
Codes:
(a) I-A, II-C, III-B, IV-D
(b) I-B, II-C, III-D, IV-A
(c) I-C, II-D, III-B, IV-A
(d) I-B, II-A, III-D, IV-C
125: The substitution of steel for wooden ploughs in agricultural production is an example of
(a) labour-augmenting technological progress
(b) capital-augmenting technological progress
(c) capital-reducing technological progress
(d) None of the above
Explanation:
Capital in an economic context means machinery or capital goods which can be employed to produce other goods.
Substitution of steel can be considered as the substitution of a lesser machine by a better machine. This encourages steel production.
Hence it is a capital-augmenting technological progress.