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Question (31)

QN0021226

A factory raises the value of mineral output by ₹18 crore annually. Over 5 years, total value added equals:

(A) ₹72 crore
(B) ₹80 crore
(C) ₹90 crore
(D) ₹100 crore

Correct Answer: C

Explanation:

₹18 crore × 5 = ₹90 crore.

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Question (32)

QN0021227

A nation processes minerals worth ₹900 crore and earns an additional 20% through manufacturing. What is the additional earning?

(A) ₹150 crore
(B) ₹160 crore
(C) ₹180 crore
(D) ₹200 crore

Correct Answer: C

Explanation:

20% of ₹900 crore = ₹180 crore.

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Question (33)

QN0021228

Which statement best summarizes the natural resource curse?

(A) Resources guarantee development
(B) Resources can become a disadvantage if poorly managed
(C) Resources eliminate economic challenges
(D) Resources reduce the need for industries

Correct Answer: B

Explanation:

Poor management can prevent resource wealth from creating prosperity.

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Question (34)

QN0021229

A country earns ₹300 crore from raw exports and ₹480 crore from processed exports. How much more is earned from processed exports?

(A) ₹150 crore
(B) ₹160 crore
(C) ₹170 crore
(D) ₹180 crore

Correct Answer: D

Explanation:

₹480 crore − ₹300 crore = ₹180 crore.

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Question (35)

QN0021230

Which approach encourages value addition to natural resources?

(A) Refining, manufacturing and processing
(B) Exporting raw materials immediately
(C) Avoiding industrial growth
(D) Closing processing plants

Correct Answer: A

Explanation:

Processing and manufacturing increase resource value.

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Question (36)

QN0021231

A resource-rich region spends ₹90 crore on skills training out of ₹450 crore earnings. What percentage is spent on skills?

(A) 15%
(B) 18%
(C) 20%
(D) 25%

Correct Answer: C

Explanation:

90 ÷ 450 × 100 = 20%.

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Question (37)

QN0021232

Which of the following is a sign of economic diversification?

(A) Dependence on one resource only
(B) Growth of multiple industries
(C) Export of raw materials only
(D) No manufacturing sector

Correct Answer: B

Explanation:

Diversification means development of multiple sectors.

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Question (38)

QN0021233

A processing industry increases local employment from 12,000 to 15,000 workers. What is the increase in employment?

(A) 2,000
(B) 2,500
(C) 3,000
(D) 3,500

Correct Answer: C

Explanation:

15,000 − 12,000 = 3,000.

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Question (39)

QN0021234

Which country characteristic is most likely to avoid the natural resource curse?

(A) Strong institutions and industrial development
(B) Dependence only on extraction
(C) Exporting only unprocessed resources
(D) Ignoring education

Correct Answer: A

Explanation:

Strong institutions and industry support sustainable growth.

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Question (40)

QN0021235

Why is the natural resource curse called a “curse”?

(A) Because resources are harmful by nature
(B) Because resource abundance may fail to produce expected prosperity
(C) Because resources disappear quickly
(D) Because resources cannot be traded

Correct Answer: B

Explanation:

Resource abundance alone may not lead to prosperity if not managed well.

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Question (31)

A factory raises the value of mineral output by ₹18 crore annually. Over 5 years, total value added equals:

Explanation:

Link:

Question (32)

A nation processes minerals worth ₹900 crore and earns an additional 20% through manufacturing. What is the additional earning?

Explanation:

Link:

Question (33)

Which statement best summarizes the natural resource curse?

Explanation:

Link:

Question (34)

A country earns ₹300 crore from raw exports and ₹480 crore from processed exports. How much more is earned from processed exports?

Explanation:

Link:

Question (35)

Which approach encourages value addition to natural resources?

Explanation:

Link:

Question (36)

A resource-rich region spends ₹90 crore on skills training out of ₹450 crore earnings. What percentage is spent on skills?

Explanation:

Link:

Question (37)

Which of the following is a sign of economic diversification?

Explanation:

Link:

Question (38)

A processing industry increases local employment from 12,000 to 15,000 workers. What is the increase in employment?

Explanation:

Link:

Question (39)

Which country characteristic is most likely to avoid the natural resource curse?

Explanation:

Link:

Question (40)

Why is the natural resource curse called a “curse”?

Explanation:

Link:

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