Explore topic-wise MCQs in Testing Subject.

This section includes 657 Mcqs, each offering curated multiple-choice questions to sharpen your Testing Subject knowledge and support exam preparation. Choose a topic below to get started.

1.

The Second Five Year Plan laid more stress upon:

A. Agriculture '
B. Industrialization
C. Removing poverty
D. Self reliance
Answer» C. Removing poverty
2.

According to the national HDR 2011 Kerala’s HDI value is:

A. 0.79
B. 0.59
C. 0.50
D. 0.90
Answer» B. 0.59
3.

Invisible item are the part of ‐‐‐‐‐‐ account of balance of payment.

A. Current
B. Capital
C. Merchandise
D. None of the above
Answer» B. Capital
4.

Which one of the following is related to the commodity money?

A. Stones
B. Cattles
C. Grains
D. All of the above
Answer» E.
5.

A fall in the price of Rupee in terms of foreign exchange is termed as:

A. Depreciation
B. Appreciation
C. Devaluation
D. Revaluation
Answer» B. Appreciation
6.

The apex institution in agriculture credit is :

A. RBI
B. RRBs
C. NABARD
D. None
Answer» D. None
7.

Find the odd man out with reference to money

A. Copper
B. Silver
C. Cattles
D. Gold
Answer» D. Gold
8.

Attainment of economic self reliance and removal of poverty were the main objectives of :

A. First Five Year Plan
B. Fourth Five Year Plan
C. Fifth Five Year Plan
D. Sixth Five Year Plan
Answer» D. Sixth Five Year Plan
9.

Economic reforms were first introduced in India in:

A. 1947
B. 1950
C. 1991
D. 2001
Answer» D. 2001
10.

Kerala Migration Survey 2011 is conducted by:

A. Kerala Government
B. Planning Board
C. CDS
D. None
Answer» D. None
11.

The major parts of the land area covered by the land tenure system is:

A. Zamindari system
B. Mahalwari System
C. Ryotwari system
D. All
Answer» C. Ryotwari system
12.

India’s unemployment is estimated by the agency:

A. NSSO
B. RBI
C. Finance Ministry
D. Both (a)&(b)
Answer» B. RBI
13.

In 2008 Planning commission appointed a committee to estimate the poverty in India under:

A. Jain
B. Sengupta
C. Saxena
D. Tendulkar
Answer» E.
14.

Which is the most important reason for migration from Kerala?

A. Push factor
B. Pull factor
C. Both
D. None
Answer» B. Pull factor
15.

The continuous deficit in the balance of payments of India is due to

A. Continued rise in imports
B. Slow rise in exports
C. Exchange rate volatility
D. All of the above
Answer» E.
16.

Normal rate quoted in foreign exchange market is:

A. Arbitrage
B. Balance of trade
C. Exchange rate
D. Price rate
Answer» D. Price rate
17.

The latest Index of Industrial Production(IIP) is based on:

A. 2004‐05
B. 1993‐94
C. 1965‐66
D. 1963‐64
Answer» B. 1993‐94
18.

Who among the following is the Chairman of the Planning Commission?

A. President
B. Speaker of Lok Sabha
C. Prime Minister
D. Union Minister of Planning
Answer» D. Union Minister of Planning
19.

World Bank’s New International Poverty Line is based on:

A. $1.25 per day
B. $2 per day
C. $1.50 per day
D. $2.5 per day
Answer» C. $1.50 per day
20.

Which of the following is an urban employment generation programme?

A. MGNREGS
B. SGSY
C. SJSRY
D. PMGSY
Answer» D. PMGSY
21.

The contribution of the tertiary sector to the Kerala economy in 2010‐11 is:

A. 17.33
B. 11.06
C. 20.13
D. 68.81
Answer» E.
22.

The concept of Five Year Plans in India was introduced by:

A. Lord Mountbatten
B. Jawaharlal Nehru
C. Indira Gandhi
D. Lal Bahadur Shastri
Answer» C. Indira Gandhi
23.

High Yielding Varieties Programme was launched in:

A. 1966.
B. 1960
C. 1965
D. 1963
Answer» B. 1960
24.

The objective of ‘inclusive growth’ was first used in which of the following plans?

A. First
B. Eighth
C. Tenth
D. Eleventh
Answer» E.
25.

The steel plants at Durgapur, Bhilai and Rourkela were established during the period of:

A. First Five Year Plan
B. Second Five Year Plan
C. Third Five Year Plan
D. Fourth Five Year Plan
Answer» C. Third Five Year Plan
26.

The basic principle of Public Finance is:

A. Maximum social advantage
B. Welfare of the government
C. Welfare of the individual
D. All the above.
Answer» B. Welfare of the government
27.

The total land area of Kerala is:

A. 37,863 Sq Km
B. 36,863 Sq Km
C. 39,863 Sq Km
D. 38,863 Sq Km
Answer» E.
28.

The ‘Permanent Settlement Act’ was introduced in India in:

A. 1793.
B. 1760
C. 1965
D. 1963
Answer» B. 1760
29.

The average annual growth rate of agriculture realized in the 11th Five Year Plan:

A. 4%
B. 3.3%
C. 5%
D. 6%
Answer» C. 5%
30.

NSSO 61St round meeting is taking place in

A. 2000‐01
B. 2012‐13
C. 2010‐11
D. 2004‐05
Answer» E.
31.

Chairman of the Finance Commission is appointed by:

A. Prime Minister
B. President
C. Chief Justice
D. None of the above
Answer» C. Chief Justice
32.

Who is the chairman of the first finance commission?

A. KC.Neogi
B. AK.Chanda
C. K.Santhanam
D. None of the above
Answer» B. AK.Chanda
33.

Which of the following is not a measure of selective credit control?

A. Variable reserve ratio
B. Regulation of consumer credit
C. Regulation of margin requirements
D. Rationing of credit
Answer» B. Regulation of consumer credit
34.

The Green Revolution does not increase the production of :

A. Rice
B. Wheat
C. Maize
D. Pulses
Answer» E.
35.

Taxes raised are credited into:

A. Public Accounts
B. Consolidated Fund
C. Contingency Fund
D. Private Accounts.
Answer» C. Contingency Fund
36.

Loans on projects yielding income is:

A. Productive
B. unproductive
C. Short term
D. None of the above
Answer» B. unproductive
37.

The Gini coefficient of India in 2011is

A. 36.8
B. 33.4
C. 32.10
D. 38.1
Answer» B. 33.4
38.

The most faithful measure of unemployment is:

A. Usual Status
B. Current Weekly Status
C. Current daily Status
D. None
Answer» D. None
39.

Fiscal policy is related to:

A. Public revenue and expenditure
B. Exports and Imports
C. Issues and circulation of currencies.
D. Money supply.
Answer» B. Exports and Imports
40.

Kerala was top in the production of:

A. Rice
B. Banana
C. Rubber
D. All
Answer» D. All
41.

Which one of the following is an example of “fiat money?”

A. Precious stones
B. Grains
C. Gold coins
D. Currency notes
Answer» E.
42.

When income and expenditure of the government are equal, the budget is:

A. deficit
B. surplus
C. balanced
D. none of the above
Answer» D. none of the above
43.

As per the World Bank criterion the income of the Lower middle income countries ranges

A. $ $1,006 ‐ $3,975
B. $3,976 ‐ $12,275
C. $1,005 or less
D. None
Answer» B. $3,976 ‐ $12,275
44.

According to the 2011 census Kerala’s population is;

A. 3,18,87,677
B. 3,33,87,677
C. 3,40,17,677
D. 3,13,87,677
Answer» C. 3,40,17,677
45.

According to the national HDR 2011 Kerala’s HDI rank is:

A. 1st
B. 2nd
C. 3rd
D. 4th
Answer» B. 2nd
46.

The strategy of rolling plan was adopted during the Prime Ministership of ;

A. Lal Bahadur Shastri
B. Indira Gandhi
C. Morarji Desai
D. Rajiv Gandhi
Answer» D. Rajiv Gandhi
47.

Which of the following is an anti‐deflationary monetary policy?

A. Purchase of government securities from commercial banks and from the public
B. Sale of government securities from commercial banks and from the public
C. Raising the cash reserve ratio
D. All of the above
Answer» B. Sale of government securities from commercial banks and from the public
48.

The single largest source market of Kerala for foreign tourist visits is:

A. United Kingdom
B. USA
C. UAE
D. None
Answer» B. USA
49.

Open market operation influences:

A. The reserves of commercial banks
B. The market rate of interest
C. Both A and B
D. None of the above
Answer» D. None of the above
50.

Economic planning is an essential feature of:

A. Dual economy
B. Mixed economy
C. Capitalist economy
D. Socialist economy
Answer» E.