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. |
The main function of the Finance Commission in India is |
| A. | distribution of revenue between the center and the state |
| B. | annual budget preparation |
| C. | To advise the President on financial matters |
| D. | To lay down rules for the various ministries of the Union and the States. |
| Answer» B. annual budget preparation | |
| 2. |
With reference to 'Eco-Sensitive Areas', which of the following statement(s) is/are correct? 1. Eco-sensitive areas are those areas which have been declared under the Wildlife (Protection) Act, 1972. 2. The purpose of declaring eco-sensitive area is to ban all human activities except agriculture in those areas. |
| A. | only 1 |
| B. | only 2 |
| C. | 1 and 2 |
| D. | none of these |
| Answer» E. | |
| 3. |
The most important strategy for the conservation of biodiversity as well as the traditional life of man lies in establishing which one of the following? |
| A. | biosphere reserve |
| B. | Botanical Garden |
| C. | national park |
| D. | wildlife sanctuary |
| Answer» B. Botanical Garden | |
| 4. |
If you pass through the countryside, you can see that many types of birds follow the grazing animals/buffaloes and catch the disturbing insects due to their walking in the grass. Which is/are such bird(s)? 1. Painted Balak 2. Ordinary Myna 3. Black-necked Stork |
| A. | 1 and 2 |
| B. | only 2 |
| C. | 2 and 3 |
| D. | only 3 |
| Answer» D. only 3 | |
| 5. |
Consider the following statements Indian Rupee is fully convertible 1. With respect to current account of balance of payments 2. With respect to capital account of balance of payments 3. In heaven which of the above statement(s) is/are correct? |
| A. | only 1 |
| B. | only 3 |
| C. | 1 and 2 |
| D. | 1,2 and 3 |
| Answer» B. only 3 | |
| 6. |
Which country will chair the 9th International Renewable Energy Agency (Irena) Council? |
| A. | Germany |
| B. | France |
| C. | Bhutan |
| D. | India |
| Answer» E. | |
| 7. |
On which river bank is Paris situated? |
| A. | Poe |
| B. | Tigris |
| C. | scene |
| D. | ebb |
| Answer» D. ebb | |
| 8. |
Where is the headquarters of International Renewable Energy Agency (IRENA) located? |
| A. | Berlin |
| B. | abu dhabi |
| C. | Paris |
| D. | Geneva |
| Answer» C. Paris | |
| 9. |
Where is the ISSF Pistol and Shooting World Cup 2015 being held? |
| A. | London |
| B. | Chiang Mai, Thailand |
| C. | Tokyo |
| D. | Changwon, South Korea |
| Answer» E. | |
| 10. |
What is meant by a rise in the sensory index? |
| A. | Movement in the value of shares of all companies registered with Bombay Stock Exchange |
| B. | Fluctuation in the share price of all the companies registered with the National Stock Exchange |
| C. | Overall movement in the value of shares of a group of companies registered with the Bombay Stock Exchange |
| D. | Movement in the value of shares of all companies belonging to a group of companies registered with the Bombay Stock Exchange |
| Answer» C. Overall movement in the value of shares of a group of companies registered with the Bombay Stock Exchange | |
| 11. |
The rate of growth of per capita income at current prices is relatively higher than the rate of growth of per capita income at constant prices, because the rate of growth of per capita income at constant prices is taken into account |
| A. | rate of population growth |
| B. | Of the rate of inflation |
| C. | rate of increase of inflation |
| D. | rate of increase in pay rate |
| Answer» C. rate of increase of inflation | |
| 12. |
Famous player Apurvi Chandela is related to which sport? |
| A. | chess |
| B. | Tennis |
| C. | Shooting |
| D. | badminton |
| Answer» D. badminton | |
| 13. |
Resurgent India Bonds were issued in US Dollars, Pound Sterling and |
| A. | in Japanese Yen |
| B. | in german mark |
| C. | in euro |
| D. | French in francs |
| Answer» D. French in francs | |
| 14. |
.. to infuse the spirit of mutual sharing and cooperative performance among the millions of male and female workers who actually work.....The above excerpt is related |
| A. | with planned development |
| B. | through community development |
| C. | from the Panchayati Raj system |
| D. | through integrated development program |
| Answer» C. from the Panchayati Raj system | |
| 15. |
Indian Human Development Report does not provide for each sample village |
| A. | Based Structure and Amenities Index |
| B. | Education related index |
| C. | Health related index |
| D. | Unemployment related index |
| Answer» B. Education related index | |
| 16. |
best market means |
| A. | bullion market |
| B. | government securities market |
| C. | gun market |
| D. | pure metals market |
| Answer» C. gun market | |
| 17. |
Consider the following states 1. Gujarat 2. Karnataka 3. Maharashtra 4. Tamil Nadu The above states in descending order in terms of their per capita Net State Domestic Product |
| A. | 1,3,4,2 |
| B. | 3,1,2,4 |
| C. | 1,3,2,4 |
| D. | 3,1,4,2 |
| Answer» E. | |
| 18. |
Economic liberalization started in India |
| A. | With a real change in the Industrial Licensing Policy |
| B. | With the variability of Indian Rupee |
| C. | With the removal of procedural formalities in foreign direct investment |
| D. | With significant cuts in tax rates |
| Answer» B. With the variability of Indian Rupee | |
| 19. |
Consider the following statements 1. Market credit 2. Treasury bills 3. Special securities issued to Reserve Bank of India Which of the above is/are a component of internal debt? |
| A. | only 1 |
| B. | 1 and 2 |
| C. | only 2 |
| D. | 1,2 and 3 |
| Answer» E. | |
| 20. |
With reference to the Reserve Bank of India, consider the following statements: 1. He is a banker to the Central Government. 2. He formulates and implements monetary policy. 3. He acts as an agent of the government in relation to the International Monetary Fund. 4. He operates the lending program of the Government of India. Which of the above statements are correct? |
| A. | 1 and 2 |
| B. | 2,3 and 4 |
| C. | 1,2,3 and 4 |
| D. | 3 and 4 |
| Answer» D. 3 and 4 | |
| 21. |
Consider the following taxes 1. Company tax 2. Custom duty 3. Wealth tax 4. Excise duty Which of the above statements are/are indirect taxes? |
| A. | only 1 |
| B. | 2 and 4 |
| C. | 1 and 3 |
| D. | 2 and 3 |
| Answer» C. 1 and 3 | |
| 22. |
The most suitable measure of economic growth of a country is its |
| A. | Gross Domestic Product |
| B. | net national product |
| C. | Nivel Home Products |
| D. | real income per capita |
| Answer» E. | |
| 23. |
Which of the following committees considered and suggested the reforms of the financial sector? |
| A. | Abid Hussain Committee |
| B. | Bhagwati Committee |
| C. | Chellaiya Committee |
| D. | Narasimham Committee |
| Answer» E. | |
| 24. |
Consider the following organizations 1. International Bank for Reconstruction and Development 2. International Finance Corporation 3. International Agricultural Development Fund 4. International Monetary Fund Which of the following are the United Nations agencies? |
| A. | 1 and 4 |
| B. | 2 and 3 |
| C. | 3 and 4 |
| D. | 1,2,3 and 4 |
| Answer» E. | |
| 25. |
The former name of WTO was |
| A. | UNCTAD |
| B. | GATT |
| C. | UNITED |
| D. | OECD |
| Answer» C. UNITED | |
| 26. |
The prices at which the government buys food grains to maintain the public distribution system and to build up reserves |
| A. | known as minimum support prices |
| B. | Recovery prices are known as |
| C. | known as issue prices |
| D. | The ceiling prices are known as |
| Answer» B. Recovery prices are known as | |
| 27. |
The term 'national income' stands for |
| A. | Gross National Product at market prices less depreciation |
| B. | Gross National Product at market prices, minus depreciation, plus net factor income from abroad |
| C. | Gross National Product at market prices, less depreciation and indirect taxes, by adding gratuity |
| D. | Gross National Product at market prices less net factor income from abroad |
| Answer» D. Gross National Product at market prices less net factor income from abroad | |
| 28. |
Consider the following statements: Complete interchangeability of rupee can mean 1. Its free flow with other international currencies. 2. Its direct exchange with any other international currency at a specified place within and outside the country. 3. By doing this work like any other international currency. Which of the above statements are correct? |
| A. | 1 and 2 |
| B. | 1 and 3 |
| C. | 2 and 3 |
| D. | 1,2 and 3 |
| Answer» C. 2 and 3 | |
| 29. |
Consider the following 1. Currency with the public. 2. Deposits with banks (demand deposits). 3. Time deposits with banks. Which of the above statements are included in Broad Money (M-3) in India? |
| A. | 1 and 2 |
| B. | 1 and 3 |
| C. | 2 and 3 |
| D. | 1,2 and 3 |
| Answer» E. | |
| 30. |
Arrange the following financial institutions of India in correct sequence 1. Industrial Finance Corporation of India (IFCI) 2. Industrial Credit and Investment Corporation of India (ICICI) 3. Industrial Development Bank of India (IDBI) 4. National Bank for Agriculture and Rural Development (NABARD) |
| A. | 1,2,3,4 |
| B. | 2,3,4,1 |
| C. | 3,4,1,2 |
| D. | 4,1,2,3 |
| Answer» B. 2,3,4,1 | |
| 31. |
A country can be said to be in debt trap if |
| A. | It has to comply with the conditions laid down by the International Monetary Fund. |
| B. | He has to take a loan to pay interest on the outstanding loan. |
| C. | Foreign creditors have refused him credit or assistance |
| D. | The World Bank charges very high rates of interest on outstanding loans as well as on new loans. |
| Answer» C. Foreign creditors have refused him credit or assistance | |
| 32. |
India's maximum foreign trade is |
| A. | with the usa |
| B. | with japan |
| C. | with germany |
| D. | with uae |
| Answer» C. with germany | |
| 33. |
The World Development Report is an annual publication |
| A. | of the United Nations Development Program |
| B. | International Bank for Reconstruction and Development |
| C. | Of the World Trade Organization |
| D. | of international monetary fund |
| Answer» C. Of the World Trade Organization | |
| 34. |
Which one of the following committees recommended abolition of reservation of goods for small scale sector in industry? |
| A. | Abid Hussain Committee |
| B. | Narasimhan Committee |
| C. | Nayak Committee |
| D. | Rakesh Mohan Committee |
| Answer» B. Narasimhan Committee | |
| 35. |
Consider the following statements. The objective of setting up the National Renewal Fund in February, 1992 was 1. To provide training and counseling to the employees affected by Cantonment or Retirement Scheme (VRS). 2. Re-deployment of employees. Which of the above statement(s) is/are correct? |
| A. | only 2 |
| B. | 1 and 2 |
| C. | only 1 |
| D. | neither 1 nor 2 |
| Answer» C. only 1 | |
| 36. |
With reference to India, which of the following statements is a false statement? |
| A. | IPCL is the largest petrochemical company in India |
| B. | RIL is the largest private sector company in India |
| C. | MTNL is listed on NYSE |
| D. | BSNL is the first service organization in India to launch nationwide cellular service at the same time |
| Answer» D. BSNL is the first service organization in India to launch nationwide cellular service at the same time | |
| 37. |
Worldwide capital flows to developing countries saw a significant increase in the nineties. Which type of inflow is good for the host country, given the East Asian financial crisis and the Latin American experience? |
| A. | business loan |
| B. | Foreign direct investment |
| C. | foreign portfolio investment |
| D. | External business loan |
| Answer» C. foreign portfolio investment | |
| 38. |
Asia Pacific Economic Cooperation Forum was held in the year 2001 |
| A. | in Bangkok |
| B. | in hong kong |
| C. | in jakarta |
| D. | in shanghai |
| Answer» E. | |
| 39. |
Established in 1881 AD by Indian in India and was the first bank of limited liability run under his management |
| A. | Hindustan Commercial Bank |
| B. | Avadh Commercial Bank |
| C. | Punjab National Bank |
| D. | Punjab and Sind Bank |
| Answer» C. Punjab National Bank | |
| 40. |
Which one of the following countries has the lowest GDP per capita? |
| A. | China |
| B. | India |
| C. | Indonesia |
| D. | Sri Lanka |
| Answer» C. Indonesia | |
| 41. |
debenture holders of a company |
| A. | are shareholders |
| B. | creditors are |
| C. | owes |
| D. | have directors |
| Answer» C. owes | |
| 42. |
Consider the following statements 1. The Reserve Bank of India was nationalized on January 26, 1950. 2. The loan programs of the Government of India are operated by the Department of Expenditure, Ministry of Finance. Which of the above statement(s) is/are correct? |
| A. | only 1 |
| B. | only 2 |
| C. | 1 and 2 |
| D. | none of these |
| Answer» E. | |
| 43. |
Consider the following statements 1. The Planning Commission of India is the highest planning body in India. 2. The Secretary of the Planning Commission of India is also the Secretary of the National Development Council. 3. Economic and social planning are included in the Concurrent List of the Seventh Schedule of the Constitution of India. Which of the above statement(s) is/are correct? |
| A. | 1 and 3 |
| B. | 2 and 3 |
| C. | only 2 |
| D. | only 3 |
| Answer» C. only 2 | |
| 44. |
Consider the following statements 1. India is the only country in the world which produces all the five known commercial types of silk. 2. India is the largest producer of sugar in the world. Which of the above statement(s) is/are correct? |
| A. | only 1 |
| B. | only 2 |
| C. | 1 and 2 |
| D. | neither 1 nor 2 |
| Answer» B. only 2 | |
| 45. |
Consider the following statements 1. With regard to the procurement of food grains, the Government of India has adopted a procurement target and not a free procurement policy. 2. Government of India announces minimum support price for food grains only. 3. In the distribution under Targeted Public Distribution System, wheat and rice are given by the Government of India to the States/UTs at the same central issue prices. Which of the above statement(s) is/are correct? |
| A. | 1 and 2 |
| B. | only 2 |
| C. | 1 and 3 |
| D. | only 3 |
| Answer» D. only 3 | |
| 46. |
Consider the following statements 1. Cotton 2. Groundnut 3. Maize 4. Mustard Which of the above statements are Kharif crops? |
| A. | 1 and 2 |
| B. | 1,2 and 3 |
| C. | 3 and 4 |
| D. | all these |
| Answer» C. 3 and 4 | |
| 47. |
Consider the following statements 1. National Home Bank, the apex body of home construction finance in India, was set up as a wholly owned subsidiary of the Reserve Bank of India. 2. Small Industries Development Bank of India was set up as a wholly owned subsidiary of Industrial Development Bank of India. Which of the above statement(s) is/are correct? |
| A. | only 1 |
| B. | only 2 |
| C. | 1 and 2 |
| D. | neither of the above |
| Answer» C. 1 and 2 | |
| 48. |
Consider the following statements 1. Loans disbursed to farmers under Kisan Credit Card Scheme are covered under National Agricultural Insurance Scheme of Life Insurance Corporation of India. 50,000 on accidental death to Kisan Credit Card holders. 25,000 in case of permanent disability and Rs. There is a provision of personal accident insurance for an amount up to Rs. Which of the above statement(s) is/are correct? |
| A. | only 1 |
| B. | only 2 |
| C. | 1 and 2 |
| D. | none of these |
| Answer» C. 1 and 2 | |
| 49. |
Consider the following statements: 1. The number of post offices in India is more than 1.5 lakh. 2. Bharat Sanchar Nigam Limited was formed in the year 1997. 3. Telecom Regulatory Authority of India was formed in the year 2000. Which of the above statement(s) is/are correct? |
| A. | 1,2 and 3 |
| B. | 1 and 2 |
| C. | only 1 |
| D. | only 3 |
| Answer» D. only 3 | |
| 50. |
What is the Nirmal Gram Puraskar among the various programs run by the Government of India? |
| A. | This is an incentive scheme in the form of scholarship for such girls who are single children born in rural families. |
| B. | This is an incentive scheme in the form of scholarship for such rural women players who have represented their state in any sport. |
| C. | This is an incentive scheme for schools in villages for computer education. |
| D. | It is an incentive scheme for Panchayati Raj Institutions. |
| Answer» E. | |