MCQOPTIONS
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MCQOPTIONS
This section includes 278 Mcqs, each offering curated multiple-choice questions to sharpen your Basic GK knowledge and support exam preparation. Choose a topic below to get started.
| 101. |
Which formula does the Planning Commission use to estimate poverty at the state and national levels? |
| A. | Dandekar and Rath |
| B. | D. T. Lakdawala |
| C. | B. s. minhas |
| D. | none of these |
| Answer» C. B. s. minhas | |
| 102. |
On the basis of whose surveys the Planning Commission assesses the people below the poverty line? |
| A. | National Sample Survey Organization |
| B. | Reserve Bank of India |
| C. | Central Statistical Organization |
| D. | none of these |
| Answer» B. Reserve Bank of India | |
| 103. |
Which one of the following is not a way to reduce inequality? |
| A. | Liberalization of the economy |
| B. | Land Reforms |
| C. | Taxation |
| D. | Minimum Needs Program |
| Answer» B. Land Reforms | |
| 104. |
What is the cause of structural unemployment? |
| A. | Majority of heavy industry |
| B. | deflationary stage |
| C. | shortage of raw materials |
| D. | Inadequate production capacity |
| Answer» E. | |
| 105. |
What is the nature of unemployment in India? |
| A. | educated unemployment |
| B. | Open unemployment |
| C. | Cyclical unemployment |
| D. | invisible unemployment |
| Answer» D. invisible unemployment | |
| 106. |
Indicates the purpose of devaluation? |
| A. | Rectangle Incentive |
| B. | Restriction on deficit budget |
| C. | Control on black money |
| D. | Export Promotion |
| Answer» E. | |
| 107. |
How can inflation be controlled permanently? |
| A. | reducing the prices |
| B. | by increasing exports |
| C. | increase in tax |
| D. | Tax control by increasing the money supply |
| Answer» E. | |
| 108. |
Inflation can be stopped by which of the following? |
| A. | direct savings budget |
| B. | cut in government expenditure |
| C. | Increase in taxation |
| D. | All these |
| Answer» E. | |
| 109. |
which one among the following formulates the fiscal policy In India? |
| A. | Planning Commission |
| B. | Ministry of Finance |
| C. | Finance Commission |
| D. | The Reserve Bank of India |
| Answer» C. Finance Commission | |
| 110. |
Short-term finance is usually for a period ranging up to how many month? |
| A. | 5 months |
| B. | 10 months |
| C. | 12 months |
| D. | 8 months |
| Answer» D. 8 months | |
| 111. |
The Redistribution polices geared to reduce economic inequalities include |
| A. | progressive tax policies |
| B. | land reforms |
| C. | rural development policies |
| D. | All the above |
| Answer» E. | |
| 112. |
The formula does the Planning Commission use to estimate poverty at the state and national levels? |
| A. | Dandekar and Rath |
| B. | D. T. Lakdawala |
| C. | B. s. minhas |
| D. | none of these |
| Answer» C. B. s. minhas | |
| 113. |
Union Budget of India is presented by whom and in which house/ houses of the Parliament? |
| A. | Finance Minister of India; Lok Sabha |
| B. | Prime Minister of India; Rajya Sabha |
| C. | Cabinet Secretary; Both Lok Sabha and Rajya Sabha |
| D. | President of India; in joint session of Parliamnet |
| Answer» B. Prime Minister of India; Rajya Sabha | |
| 114. |
Who among the following presented the Union Budget maximum number of times? |
| A. | P. Chidambaram |
| B. | R K Shanmukham Chetty |
| C. | Pranav Mukherjee |
| D. | Morarji Desai |
| Answer» E. | |
| 115. |
National Institute of Agricultural Marketing is located at? |
| A. | Jaipur |
| B. | Hyderabad |
| C. | New Delhi |
| D. | none of these |
| Answer» B. Hyderabad | |
| 116. |
Which country has the highest number of people using mobile phones? |
| A. | England |
| B. | America |
| C. | China |
| D. | Russia |
| Answer» C. China | |
| 117. |
The largest item of expenditure in the current account of the budget of the Central Government is? |
| A. | Defense expenditure |
| B. | interest payment |
| C. | Central Planning |
| D. | none of these |
| Answer» D. none of these | |
| 118. |
The State is the largest producer of tobacco in India? |
| A. | Andhra Pradesh |
| B. | Madhya Pradesh |
| C. | Karnataka |
| D. | Haryana |
| Answer» B. Madhya Pradesh | |
| 119. |
prepared the first estimate of national income for the country? |
| A. | Central Statistical Organization |
| B. | National Sample Survey Organization |
| C. | National Income Committee |
| D. | Dadabhai Naoroji |
| Answer» E. | |
| 120. |
The apex body to approve the five year plan is? |
| A. | Planning Commission |
| B. | Finance Commission |
| C. | National Development Council |
| D. | Union Cabinet |
| Answer» D. Union Cabinet | |
| 121. |
Where was centralized planning first adopted for the development of the economy? |
| A. | Former Soviet Union |
| B. | Poland |
| C. | India |
| D. | China |
| Answer» B. Poland | |
| 122. |
Which one of the following industries employs maximum labor force in India? |
| A. | Cement Industry |
| B. | Textile Industry |
| C. | Jute Industry |
| D. | iron-steel industry |
| Answer» C. Jute Industry | |
| 123. |
The period of the Eighth Five Year Plan was? |
| A. | 1980-85 |
| B. | 1982-87 |
| C. | 1985-90 |
| D. | 1992-97 |
| Answer» E. | |
| 124. |
The period of the Seventh Five Year Plan was? |
| A. | 1987-92 |
| B. | 1986-91 |
| C. | 1985-90 |
| D. | none of these |
| Answer» D. none of these | |
| 125. |
In which five year plan the Minimum Needs Program was started? |
| A. | 2nd |
| B. | 3rd |
| C. | 4th |
| D. | 5th |
| Answer» E. | |
| 126. |
What is the committee related to industrial sickness? |
| A. | Goswami Committee |
| B. | Tiwari Committee |
| C. | both of the above |
| D. | none of these |
| Answer» D. none of these | |
| 127. |
Where is the commercial magazine Commerce published? |
| A. | New Delhi |
| B. | Kolkata |
| C. | New York |
| D. | Mumbai |
| Answer» E. | |
| 128. |
Which is India's largest mineral-oil field? |
| A. | Cauvery Basin |
| B. | Kutch Basin |
| C. | Assam region |
| D. | Bombay Offshore Area |
| Answer» E. | |
| 129. |
Does the poor save more than the rich? |
| A. | a relatively large part of his income |
| B. | of his entire income |
| C. | a relatively small part of his income |
| D. | an equal share of his income |
| Answer» D. an equal share of his income | |
| 130. |
Which of the following will lead to a fall in property prices? |
| A. | more liquidity in the economy |
| B. | Reduction in reverse repo rate by RBI |
| C. | increase in reverse repo rate by RBI |
| D. | Low liquidity in the economy |
| Answer» E. | |
| 131. |
Abid Hussain Committee was constituted by which ministry? |
| A. | Planning Commission |
| B. | Ministry of Industry |
| C. | Ministry of Defense |
| D. | Ministry of Finance |
| Answer» C. Ministry of Defense | |
| 132. |
Who of the following is not included in the national income? |
| A. | winning the lottery |
| B. | Government expenditure on the construction of new bridges |
| C. | Charged rent of houses in the possession of the owner |
| D. | none of these |
| Answer» B. Government expenditure on the construction of new bridges | |
| 133. |
The government agency responsible for estimating the national income in India is? |
| A. | Indian Statistical Organization |
| B. | Central Statistical Organization |
| C. | Organization Reserve Bank of India |
| D. | none of these |
| Answer» C. Organization Reserve Bank of India | |
| 134. |
Single citizenship included in the Indian Constitution is inspired by the constitution of which country? |
| A. | Britain |
| B. | Ireland |
| C. | Canada |
| D. | America |
| Answer» B. Ireland | |
| 135. |
When did the New Economic Policy Program on Economic Reforms begin? |
| A. | July, 1980 |
| B. | July 1992 |
| C. | July 1991 |
| D. | July 1995 |
| Answer» D. July 1995 | |
| 136. |
Which multinational company bought 'Thums Up' brand of Parle Group? |
| A. | Nokia |
| B. | Reebok |
| C. | L. G. |
| D. | Coca-Cola |
| Answer» E. | |
| 137. |
Who is considered the originator of consumer movement? |
| A. | Bill Clinton |
| B. | George Bush |
| C. | Rolf Nadar |
| D. | Meclagan |
| Answer» D. Meclagan | |
| 138. |
When is Consumer Rights Day celebrated? |
| A. | 17 March |
| B. | 15 March |
| C. | 19 April |
| D. | 22 April |
| Answer» C. 19 April | |
| 139. |
In which country was the consumer awareness movement started? |
| A. | China |
| B. | Japan |
| C. | England |
| D. | United States |
| Answer» D. United States | |
| 140. |
In which country was the declaration of consumer rights? |
| A. | China |
| B. | Japan |
| C. | England |
| D. | United States |
| Answer» E. | |
| 141. |
In which year the right to service was imposed in Bihar? |
| A. | 2011 |
| B. | 2012 |
| C. | 1980 |
| D. | 1999 |
| Answer» B. 2012 | |
| 142. |
Where is the headquarters of International Organization for Standardization (ISO)? |
| A. | Dhaka |
| B. | Geneva |
| C. | New York |
| D. | London |
| Answer» C. New York | |
| 143. |
In which year did the United Nations set the principles for the rights and protection of the consumer? |
| A. | 1985 |
| B. | 1990 |
| C. | 2005 |
| D. | 2010 |
| Answer» B. 1990 | |
| 144. |
When was the Human Rights Commission established? |
| A. | 1993 |
| B. | 1994 |
| C. | 1995 |
| D. | 2005 |
| Answer» B. 1994 | |
| 145. |
When is National Consumer Day celebrated in India? |
| A. | 24 December |
| B. | 1 March |
| C. | 10 April |
| D. | 10 December |
| Answer» B. 1 March | |
| 146. |
Which of the following guarantees the purity of food items? |
| A. | Hallmark |
| B. | Agmark |
| C. | Bullmark |
| D. | ISI mark |
| Answer» C. Bullmark | |
| 147. |
When was the Consumer Protection Act announced in India? |
| A. | 1987 |
| B. | 1988 |
| C. | 1986 |
| D. | 1980 |
| Answer» D. 1980 | |
| 148. |
Which two states of India are the leading producers of mineral oil? |
| A. | Rajasthan and Gujarat |
| B. | Maharashtra and Goa |
| C. | Orissa and Bihar |
| D. | Assam and Gujarat |
| Answer» E. | |
| 149. |
Where is the headquarters of Oil and Natural Gas Corporation (ONGC) in India located? |
| A. | Hirapur |
| B. | Guwahati |
| C. | Dehradun |
| D. | Mumbai |
| Answer» D. Mumbai | |
| 150. |
Which state has maximum production of large cardamom in India? |
| A. | Sikkim |
| B. | Meghalaya |
| C. | Assam |
| D. | Arunachal Pradesh |
| Answer» B. Meghalaya | |