

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 | |