#1. Which one of the following statements is not correct? 
#2. Assertion (A): Balance of Payments represents a better Picture of a country economic transactions with the rest of the world than the Balance of Trade Reason (R): Balance of Payments takes into account the exchange of both visible and invisible items whereas balance of Trade does not.  Codes:
#3. Assertion (A) : India does not export natural rubber. Reason (R) : About 97% of India's demand for natural rubber is met from domestic production (2004)
#4. Which one of the following statements is correct? 
#5. During the year 2000-01 which one of the following Industries recorded the highest growth rate in India? 
#6. Which one of the following statements is NOT correct? 
#7. With reference to India, which one of the following statements is NOT correct? (2003)
#8. Which one of the following committees recommended the abolition of reservation of items for the small scale sector in industry? (2003)
#9. HINDALCO, an aluminium factory located at Renukut owes its site basically to : (2002)
#10. With reference to the Public Sector Undertakings in India, consider the following statements:  1. Minerals and Metals Trading Corporation of India Limited is the largest non-oil importer of the country 2. Project and Equipment Corporation of India Limited is under the Ministry of Industry 3. One of the objectives of Export Credit Guarantee Corporation of India Limited is to enforce quality control and compulsory pre-shipment inspection of various exportable commodities Which of these statements is/are correct?
#11. Consider the following states:  1. Gujarat 2. Karnataka 3. Maharashtra 4. Tamil Nadu The descending order of these states with reference to their level of Per Capita Net State Domestic Product is:
#12. 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. 
#13. Consider the following factors regarding an industry  1. Capital investment 2. Business turnover 3. Labour force 4. Power consumption Which of these determine the nature and size of the industry?