MCQOPTIONS
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MCQOPTIONS
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. |
To which country does India export the largest amount of iron ore? |
| A. | Japan |
| B. | Russia |
| C. | U. K. |
| D. | Germany |
| Answer» B. Russia | |
| 2. |
When was India's first mineral policy declared? |
| A. | 1950 |
| B. | 1951 |
| C. | 1952 |
| D. | 1955 |
| Answer» C. 1952 | |
| 3. |
stagflation situation? |
| A. | deadlock and recession |
| B. | stagnation and inflation |
| C. | of stagnation and deflation |
| D. | none of these |
| Answer» C. of stagnation and deflation | |
| 4. |
Which country is the largest consumer of gold in the world? |
| A. | Japan |
| B. | India |
| C. | Russia |
| D. | France |
| Answer» C. Russia | |
| 5. |
Bokaro Steel Plant has been established with the cooperation of which country? |
| A. | great beta |
| B. | France |
| C. | Russia |
| D. | none of these |
| Answer» D. none of these | |
| 6. |
When was the Industrial Finance Corporation of India established? |
| A. | 1945 |
| B. | 1948 |
| C. | 1953 |
| D. | 1990 |
| Answer» C. 1953 | |
| 7. |
Which is the apex organization of industrial finance in India? |
| A. | I.C.I.C.I |
| B. | R.B.I |
| C. | I.F.C.I |
| D. | I.D.B.I |
| Answer» E. | |
| 8. |
Which of the following organizations provides long term finance to industries? |
| A. | L.I.C |
| B. | G.I.C |
| C. | U.T.I |
| D. | all these |
| Answer» E. | |
| 9. |
India ranks first in the world in the production of which mineral? |
| A. | graphite |
| B. | tungsten |
| C. | asbestos |
| D. | all these |
| Answer» D. all these | |
| 10. |
With whose cooperation was the Durgapur Steel Plant established? |
| A. | Germany |
| B. | Great Britain |
| C. | Russia |
| D. | France |
| Answer» C. Russia | |
| 11. |
When was the Industrial and Financial Exchange Board established? |
| A. | 1945 |
| B. | 1955 |
| C. | 1992 |
| D. | 1995 |
| Answer» D. 1995 | |
| 12. |
Which of the following is the most dynamic factor of production? |
| A. | capital |
| B. | Organization |
| C. | Earth |
| D. | Labour |
| Answer» B. Organization | |
| 13. |
In view of which of the following are cottage and small scale industries necessary in the Indian economy? |
| A. | employment generation |
| B. | income generation |
| C. | low cost |
| D. | none of these |
| Answer» B. income generation | |
| 14. |
What is the most important job of an entrepreneur? |
| A. | Management |
| B. | take risks |
| C. | Marketing |
| D. | all these |
| Answer» C. Marketing | |
| 15. |
In which year was the first Regional Rural Bank established? |
| A. | in 1947 |
| B. | in 1975 |
| C. | in the 1950s |
| D. | in 1995 |
| Answer» C. in the 1950s | |
| 16. |
What is the relationship between the value of money and the price level in an economy? |
| A. | stable |
| B. | inverse |
| C. | anulom |
| D. | none of these |
| Answer» C. anulom | |
| 17. |
What are the goods which are scarce and their supply is limited? |
| A. | economic goods |
| B. | expensive goods |
| C. | development goods |
| D. | all these |
| Answer» B. expensive goods | |
| 18. |
Which one of the following Indian banks is not a nationalized bank? |
| A. | Dena Bank |
| B. | federal bank |
| C. | corporation bank |
| D. | Vijay Bank |
| Answer» C. corporation bank | |
| 19. |
What is considered knowledge, technical skill, education etc. in the economy? |
| A. | tangible physical capital |
| B. | working capital |
| C. | Human wealth |
| D. | none of these |
| Answer» D. none of these | |
| 20. |
Which bank does the 'Shining Star' symbolize? |
| A. | Bank Of Baroda |
| B. | Bank of India |
| C. | Indian Bank |
| D. | none of these |
| Answer» C. Indian Bank | |
| 21. |
Which of the following is considered as the main determinant of real wages? |
| A. | purchasing power of money |
| B. | Nature of Work |
| C. | extra income |
| D. | none of these |
| Answer» B. Nature of Work | |
| 22. |
Where is Dalal Street located? |
| A. | Mumbai |
| B. | Paris |
| C. | New Delhi |
| D. | none of these |
| Answer» B. Paris | |
| 23. |
Who has the absolute right to issue paper note currency in India? |
| A. | Urban Cooperative Bank |
| B. | Bank of India |
| C. | Finance Commission |
| D. | reserve Bank |
| Answer» E. | |
| 24. |
In which year was the new currency Euro introduced? |
| A. | in 1997 |
| B. | in 1998 |
| C. | in 1999 |
| D. | in 2001 |
| Answer» D. in 2001 | |
| 25. |
When was the Life Insurance Corporation of India established? |
| A. | 1960 |
| B. | 1980 |
| C. | 1956 |
| D. | 1975 |
| Answer» D. 1975 | |
| 26. |
Government takes way and means loan? |
| A. | from IDBI |
| B. | from RBI |
| C. | from SBI |
| D. | ICICI |
| Answer» C. from SBI | |
| 27. |
Which is the regulatory body for stock exchanges in India? |
| A. | N.S.E |
| B. | S.E.B.I |
| C. | R.B.I |
| D. | none of these |
| Answer» C. R.B.I | |
| 28. |
Which is the largest mutual fund organization in India? |
| A. | G.I.C |
| B. | U.T.I |
| C. | S.B.I |
| D. | L.I.C |
| Answer» C. S.B.I | |
| 29. |
When was the Bombay Stock Exchange established? |
| A. | 1890 AD |
| B. | 1865 AD |
| C. | 1875 AD |
| D. | 1881 AD |
| Answer» D. 1881 AD | |
| 30. |
Which committee recommended the establishment of the National Stock Exchange? |
| A. | Mahalanobis Committee |
| B. | Wanchoo Committee |
| C. | Ferwani Committee |
| D. | none of these |
| Answer» D. none of these | |
| 31. |
NIFTY is the price index of which of the following stock market? |
| A. | C.S.E |
| B. | N.S.E |
| C. | D.S.E |
| D. | none of these |
| Answer» C. D.S.E | |
| 32. |
Where is Bank Note Press located? |
| A. | Nashik |
| B. | Mumbai |
| C. | dewas |
| D. | none of these |
| Answer» D. none of these | |
| 33. |
In which year Unit Test of India was established? |
| A. | 1964 |
| B. | 1969 |
| C. | 1971 |
| D. | 1973 |
| Answer» B. 1969 | |
| 34. |
Federal Reserve Bank is the central bank of which country? |
| A. | No. Ra. America |
| B. | Germany |
| C. | France |
| D. | other |
| Answer» B. Germany | |
| 35. |
Who was the propounder of the law of the market? |
| A. | J. NS. From. |
| B. | Malthus |
| C. | ricardo |
| D. | none of these |
| Answer» B. Malthus | |
| 36. |
In which year Industrial Reconstruction Bank of India was established? |
| A. | 1947 |
| B. | 1990 |
| C. | 1985 |
| D. | 1991 |
| Answer» D. 1991 | |
| 37. |
What is the accounting year of Reserve Bank of India? |
| A. | october - september |
| B. | April-March |
| C. | July-June |
| D. | none of these |
| Answer» C. July-June | |
| 38. |
Gilt Alt market is related to? |
| A. | gold Silver |
| B. | currency note |
| C. | government securities |
| D. | letter of credit |
| Answer» B. currency note | |
| 39. |
Who issues currency notes in India? |
| A. | Urban Cooperative Bank |
| B. | Reserve Bank of India |
| C. | Finance Ministry |
| D. | finance secretary |
| Answer» C. Finance Ministry | |
| 40. |
Benefit from inflation? |
| A. | indebted to |
| B. | lender |
| C. | Saver |
| D. | pension recipient |
| Answer» B. lender | |
| 41. |
In which of the following banks a person cannot open an account? |
| A. | Bank of India |
| B. | Urban Cooperative Bank |
| C. | Reserve Bank of India |
| D. | all these |
| Answer» D. all these | |
| 42. |
Which is called the bank of banks in India? |
| A. | Reserve Bank of India |
| B. | Bank of India |
| C. | State Bank of India |
| D. | all these |
| Answer» B. Bank of India | |
| 43. |
Which countries usually have hard currency? |
| A. | of developed countries |
| B. | of developing countries |
| C. | of underdeveloped countries |
| D. | all these |
| Answer» B. of developing countries | |
| 44. |
What is the biggest loss due to inflation? |
| A. | debtors |
| B. | creditors |
| C. | merchant class |
| D. | all these |
| Answer» C. merchant class | |
| 45. |
Which of the following is not a method of controlling inflation? |
| A. | control over money supply |
| B. | rationing of goods |
| C. | Demand control |
| D. | interest rate reduction |
| Answer» E. | |
| 46. |
Which of the following is not a function of money? |
| A. | Measurement of value |
| B. | accumulation of value |
| C. | Transfer of value |
| D. | price stabilization |
| Answer» E. | |
| 47. |
Such a foreign currency which has a tendency to run away quickly is called? |
| A. | easy money |
| B. | Savarna Mudra |
| C. | hot currency |
| D. | hard currency |
| Answer» D. hard currency | |
| 48. |
'Gresham's law' is related to which of the following? |
| A. | currency circulation |
| B. | supply and demand |
| C. | deficit economy |
| D. | currency circulation |
| Answer» E. | |
| 49. |
The introduction of new currency by eliminating the old currency by the government is called? |
| A. | Monetization |
| B. | devaluation |
| C. | currency contraction |
| D. | all these |
| Answer» B. devaluation | |
| 50. |
Is there a process of ever-increasing prices? |
| A. | inflation |
| B. | overproduction |
| C. | Recession |
| D. | none of these |
| Answer» B. overproduction | |