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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. |
In which country did the consumer awareness movement start? |
| A. | China |
| B. | Japan |
| C. | England |
| D. | United States |
| Answer» D. United States | |
| 2. |
In which country was the Declaration of Consumer Rights made? |
| A. | China |
| B. | Japan |
| C. | England |
| D. | United States |
| Answer» E. | |
| 3. |
In which industry India has got more success? |
| A. | computer hardware |
| B. | computer software |
| C. | both |
| D. | none of these |
| Answer» C. both | |
| 4. |
In which year the right to service was implemented in Bihar? |
| A. | 2011 |
| B. | 2012 |
| C. | 1980 |
| D. | 1999 |
| Answer» B. 2012 | |
| 5. |
What constitutes the basic structure of an economy? |
| A. | By agriculture |
| B. | by industries |
| C. | by services |
| D. | by all three |
| Answer» E. | |
| 6. |
When did the process of globalization start in India? |
| A. | 1991 |
| B. | 1980 |
| C. | 1992 |
| D. | 1996 |
| Answer» B. 1980 | |
| 7. |
When was the new economic policy program on economic reforms started? |
| A. | July 1980 |
| B. | July 1992 |
| C. | July 1991 |
| D. | July, 1995 |
| Answer» D. July, 1995 | |
| 8. |
Which of the following is an Indian multinational company? |
| A. | Nokia |
| B. | Dabur |
| C. | samsung |
| D. | none of these |
| Answer» C. samsung | |
| 9. |
Which multinational company bought Parle Group's 'Thums Up' brand? |
| A. | Nokia |
| B. | reebok |
| C. | L. G. |
| D. | Coca-Cola |
| Answer» E. | |
| 10. |
Who is considered the originator of consumer movement? |
| A. | Bill Clinton |
| B. | George Bush |
| C. | Rolf Nader |
| D. | McLagan |
| Answer» D. McLagan | |
| 11. |
What is the third area of economic development? |
| A. | Service area |
| B. | science field |
| C. | education field |
| D. | agricultural sector |
| Answer» B. science field | |
| 12. |
In whose name is the National Rural Employment Guarantee Scheme named? |
| A. | Rajiv Gandhi |
| B. | Mahatma Gandhi |
| C. | Indira Gandhi |
| D. | Jawaharlal Nehru |
| Answer» C. Indira Gandhi | |
| 13. |
Who said that industry in the modern world is wearing clothes in the form of money? |
| A. | Crowther |
| B. | Trescott |
| C. | Pigoo |
| D. | marshal |
| Answer» D. marshal | |
| 14. |
Under whose leadership the Co-operative Planning Society was formed? |
| A. | R. G. Saraiya |
| B. | McLagan |
| C. | Horesh |
| D. | chelmsford |
| Answer» B. McLagan | |
| 15. |
In which year Swarna Jayanti Shahari Rozgar Yojana was launched? |
| A. | 1995 |
| B. | 1990 |
| C. | 2000 |
| D. | 1997 |
| Answer» E. | |
| 16. |
Which city is called the circular capital of India? |
| A. | Mumbai |
| B. | Delhi |
| C. | Patna |
| D. | Bangalore |
| Answer» B. Delhi | |
| 17. |
Which of the following is the oldest stock exchange in Asia? |
| A. | Patna |
| B. | Kanpur |
| C. | Mumbai |
| D. | Delhi |
| Answer» D. Delhi | |
| 18. |
When did the cooperative movement start in India? |
| A. | 1904 AD |
| B. | 1907 AD |
| C. | 1905 AD |
| D. | 1920 AD |
| Answer» B. 1907 AD | |
| 19. |
In which year Regional Rural Banks were established? |
| A. | 1985 |
| B. | 1975 |
| C. | 1990 |
| D. | 2011 |
| Answer» C. 1990 | |
| 20. |
In which year the Foreign Exchange Management Act (FEMA) came into force? |
| A. | 1999 |
| B. | 2000 |
| C. | 2002 |
| D. | 2003 |
| Answer» E. | |
| 21. |
Which 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 | |
| 22. |
Which of the following is popular as plastic currency? |
| A. | a. T. M. |
| B. | paper note |
| C. | Check |
| D. | draft |
| Answer» B. paper note | |
| 23. |
Which of the following will cause a fall in property prices? |
| A. | more liquidity in the economy |
| B. | Reduction in reverse repo rate by RBI |
| C. | RBI hikes reverse repo rate |
| D. | low liquidity in the economy |
| Answer» E. | |
| 24. |
What is the most popular means of providing non-institutional finance? |
| A. | native banker |
| B. | Mahajan |
| C. | merchant |
| D. | Cooperative bank |
| Answer» C. merchant | |
| 25. |
Who was the Deputy Chairman of the first 'Planning Commission'? |
| A. | Jawahar Lal Nehru |
| B. | Gulzari Lal Nanda |
| C. | R. K. Shanmukham Shetty |
| D. | Jagjivan Ram |
| Answer» C. R. K. Shanmukham Shetty | |
| 26. |
Abid Hussain Committee was constituted by which ministry? |
| A. | Planning Commission |
| B. | Ministry of Industry |
| C. | Ministry of Defence |
| D. | Finance Ministry |
| Answer» C. Ministry of Defence | |
| 27. |
Which of the following is not included in national income? |
| A. | winning the lottery |
| B. | Government expenditure on construction of new bridges |
| C. | Charged rent of houses in the possession of the owner |
| D. | none of these |
| Answer» B. Government expenditure on construction of new bridges | |
| 28. |
Where is the commercial magazine Commerce published? |
| A. | from New Delhi |
| B. | from Kolkata |
| C. | from New York |
| D. | from mumbai |
| Answer» E. | |
| 29. |
Do the poor save more than the rich? |
| A. | a relatively large portion of his income |
| B. | all of your income |
| C. | a relatively small portion of his income |
| D. | equal share of your income |
| Answer» D. equal share of your income | |
| 30. |
The 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 | |
| 31. |
Which government agency is responsible for estimating the national income in India? |
| 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 | |
| 32. |
What is the committee related to Public Distribution System? |
| A. | Sodhani Committee |
| B. | Malegaon Committee |
| C. | Venugopal Committee |
| D. | none of these |
| Answer» D. none of these | |
| 33. |
Is there a 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 | |
| 34. |
The largest mineral-oil field of India is? |
| A. | Cauvery Basin |
| B. | Kutch Basin |
| C. | Assam Region |
| D. | Bombay offshore area |
| Answer» E. | |
| 35. |
When was the Agricultural Costs and Commission established? |
| A. | 1960 AD |
| B. | 1965 AD |
| C. | 1966 AD |
| D. | 1969 AD |
| Answer» C. 1966 AD | |
| 36. |
Which sector contributes the least to the national income of India? |
| A. | primary sector |
| B. | secondary sector |
| C. | tertiary sector |
| D. | none of these |
| Answer» C. tertiary sector | |
| 37. |
Who contributes the most to the national income of India? |
| A. | primary sector |
| B. | secondary sector |
| C. | tertiary sector |
| D. | all equal |
| Answer» D. all equal | |
| 38. |
Under which crop is the maximum agricultural land in India? |
| A. | rice |
| B. | Cotton |
| C. | maize |
| D. | wheat |
| Answer» B. Cotton | |
| 39. |
Which fruit has the largest area under cultivation in India? |
| A. | Did |
| B. | Jackfruit |
| C. | lychee |
| D. | Mango |
| Answer» E. | |
| 40. |
India is a major importer of? |
| A. | of pulses |
| B. | of oilseeds |
| C. | of both |
| D. | none of these |
| Answer» D. none of these | |
| 41. |
What is the name of the currency of Bangladesh? |
| A. | Rupee |
| B. | Dollar |
| C. | Taka |
| D. | dinar |
| Answer» D. dinar | |
| 42. |
Who said that debt is the child of deposit and deposit is the child of debt? |
| A. | cannes |
| B. | marshal |
| C. | Pigoo |
| D. | Crowther |
| Answer» B. marshal | |
| 43. |
Which of the following is not a basis of credit? |
| A. | believe |
| B. | Education |
| C. | ability to repay |
| D. | loan term |
| Answer» C. ability to repay | |
| 44. |
Which of the following is legally acceptable currency? |
| A. | 10 rupee note |
| B. | Check |
| C. | draft |
| D. | all of which |
| Answer» B. Check | |
| 45. |
Which of the following crops is grown in India more than all the countries of the world? |
| A. | wheat |
| B. | Cotton |
| C. | Sugarcane |
| D. | rice |
| Answer» D. rice | |
| 46. |
Which metal is used the most as currency? |
| A. | iron |
| B. | copper |
| C. | brass |
| D. | silver and gold |
| Answer» E. | |
| 47. |
Which form of currency is more prevalent nowadays? |
| A. | metallic currency |
| B. | letter currency |
| C. | coins |
| D. | all of which |
| Answer» C. coins | |
| 48. |
Which currency is legally recognized in our country? |
| A. | commodity money |
| B. | credit currency |
| C. | letter currency |
| D. | Check |
| Answer» D. Check | |
| 49. |
Economics was created by whom? |
| A. | Chandra Gupta |
| B. | maurya sikandar |
| C. | Chanakya |
| D. | none of these |
| Answer» D. none of these | |
| 50. |
Which is the leading nation in the production of silk in the world? |
| A. | China |
| B. | Korea |
| C. | India |
| D. | Japan |
| Answer» B. Korea | |