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. |
What was Edward's main contribution to England? |
| A. | None of above |
| B. | Growth of Parliament |
| C. | Laws relating to the rule of British colonies |
| D. | Growth of Privy Council |
| Answer» C. Laws relating to the rule of British colonies | |
| 2. |
The Battle of Plassey was fought in _________________ |
| A. | 1764 |
| B. | 1748 |
| C. | 1782 |
| D. | 1757 |
| Answer» E. | |
| 3. |
Which king of England convened useless parliament? |
| A. | None of above |
| B. | Charles I |
| C. | Cromwell |
| D. | George I |
| Answer» C. Cromwell | |
| 4. |
Which ancient ruler wept because he had no more place to conquer? |
| A. | None of above |
| B. | Caesar |
| C. | Napoleon |
| D. | Alexander |
| Answer» E. | |
| 5. |
When did the Chinese Revolution happen? |
| A. | 1919 |
| B. | 1911 |
| C. | 1899 |
| D. | 1900 |
| Answer» C. 1899 | |
| 6. |
Who functioned both as the President and vice president of America? |
| A. | None of above |
| B. | Thomas Jefferson |
| C. | Franklin Pierce |
| D. | George Washington |
| Answer» C. Franklin Pierce | |
| 7. |
When did the parliamentary rule begin in England? |
| A. | None of above |
| B. | 1810 |
| C. | 1722 |
| D. | 1688 |
| Answer» E. | |
| 8. |
Where is the oldest dynasty still ruling? |
| A. | None of above |
| B. | China |
| C. | Japan |
| D. | England |
| Answer» D. England | |
| 9. |
When was Prophet Mohammed born? |
| A. | 4 A.D |
| B. | 43 A.D |
| C. | 375 A.D |
| D. | 570 A.D |
| Answer» E. | |
| 10. |
Where was the 'Declaration of Independence' for America signed? |
| A. | None of the above |
| B. | Atlanta |
| C. | San Francisco |
| D. | Philadelphia |
| Answer» E. | |
| 11. |
Who was the first prime minister of Jewish decent in England? |
| A. | None of above |
| B. | Benjamin Disraeli |
| C. | Churchill |
| D. | Atlee |
| Answer» C. Churchill | |
| 12. |
Who coined the name `Pakistan’? |
| A. | None of these |
| B. | Mahatma Gandhi |
| C. | Md. Jinnah |
| D. | Choudhary Rahmat Ali |
| Answer» E. | |
| 13. |
Which country did not join second World war? |
| A. | Russia |
| B. | Canada |
| C. | Italy |
| D. | Germany |
| Answer» C. Italy | |
| 14. |
Who was considered to be a model of all the Prime Ministers? |
| A. | Mrs. Thatcher |
| B. | Sir Robert Peel |
| C. | Winston Churchill |
| D. | Jawaharlal Nehru |
| Answer» C. Winston Churchill | |
| 15. |
Who became the Prime Minister of England for four times? |
| A. | Margaret Thatcher |
| B. | William Pitt |
| C. | William Gladstone |
| D. | Churchill |
| Answer» D. Churchill | |
| 16. |
When was atom bomb dropped in Hiroshima? |
| A. | 1900 |
| B. | 1961 |
| C. | 1955 |
| D. | 1945 |
| Answer» E. | |
| 17. |
Who was the only President who did not live in Washington? |
| A. | None of above |
| B. | Thomas Jefferson |
| C. | Franklin Pierce |
| D. | George Washington |
| Answer» E. | |
| 18. |
Which British king was beheaded? |
| A. | None of above |
| B. | Henry VIII |
| C. | Charles II |
| D. | Charles I |
| Answer» E. | |
| 19. |
The Board of Industrial and Financial Reconstruction (BIFR) came into existence in _____________ |
| A. | 1987 |
| B. | 1986 |
| C. | 1984 |
| D. | 1989 |
| Answer» B. 1986 | |
| 20. |
The banks are required to maintain a certain ratio between their cash in the hand and totals assets. This is called _____________ |
| A. | Central Bank Reserve (CBR) |
| B. | Statutory Liquid Ratio (SLR) |
| C. | Statutory Bank Ratio (SBR) |
| D. | Central Liquid Reserve (CLR) |
| Answer» C. Statutory Bank Ratio (SBR) | |
| 21. |
Devaluation of currency leads to _____________ |
| A. | no impact on domestic prices |
| B. | increase in domestic prices |
| C. | fall in domestic prices |
| D. | erratic fluctuations in domestic prices |
| Answer» C. fall in domestic prices | |
| 22. |
Of the gross tax revenue of the Union Government the indirect taxes account for nearly _____________ |
| A. | 65 percent |
| B. | 75 percent |
| C. | 70 per cent |
| D. | 60 percent |
| Answer» B. 75 percent | |
| 23. |
Redistribution polices geared to reduce economic inequalities include _____________ |
| A. | rural development policies |
| B. | land reforms |
| C. | progressive tax policies |
| D. | All the above |
| Answer» E. | |
| 24. |
The budget deficit means _____________ |
| A. | difference between all receipts and all the expenditure |
| B. | difference between revenue receipts and revenue expenditure |
| C. | the excess of total expenditure, including loans, net of lending over revenue receipts |
| D. | fiscal deficit less interest payments |
| Answer» B. difference between revenue receipts and revenue expenditure | |
| 25. |
Regional rural banks have limited area of operation have free access to liberal refinance facilities from NABARD are required to lend only to weaker sections. |
| A. | I, II, III |
| B. | II, III |
| C. | I, III |
| D. | I, II |
| Answer» E. | |
| 26. |
Deficit financing means that the government borrows money from the _____________ |
| A. | big businessmen |
| B. | local bodies |
| C. | RBI |
| D. | IMF |
| Answer» D. IMF | |
| 27. |
National Agricultural Insurance Scheme replacing Comprehensive Crop Insurance Scheme was introduced in the year _____________ |
| A. | 1999 |
| B. | 1998 |
| C. | 1997 |
| D. | 2000 |
| Answer» B. 1998 | |
| 28. |
If all the banks in an economy are nationalised and converted into a monopoly bank, the total deposits _____________ |
| A. | will neither increase nor decrease |
| B. | will increase |
| C. | will decrease |
| D. | None of the above |
| Answer» B. will increase | |
| 29. |
The apex body for formulating plans and coordinating research work in agriculture and allied fields is _____________ |
| A. | National Bank for Agriculture and Rural Development (NABARD) |
| B. | Regional Rural Banks |
| C. | State Trading Corporation |
| D. | Indian Council of Agricultural Research |
| Answer» E. | |
| 30. |
National expenditure includes _____________ |
| A. | government expenditure |
| B. | investment expenditure |
| C. | consumption expenditure |
| D. | All of the above |
| Answer» E. | |
| 31. |
The currency convertibility concept in its original form originated in _____________ |
| A. | Taylors Agreement |
| B. | Bretton Woods Agreement |
| C. | Wells Agreement |
| D. | None of the above |
| Answer» C. Wells Agreement | |
| 32. |
The central co-operative banks are in direct touch with _____________ |
| A. | land development banks |
| B. | state co-operative banks |
| C. | farmers |
| D. | central government |
| Answer» C. farmers | |
| 33. |
On July 12, 1982, the ARDC was merged into _____________ |
| A. | EXIM Bank |
| B. | NABARD |
| C. | RBI |
| D. | None of the above |
| Answer» C. RBI | |
| 34. |
Short-term finance is usually for a period ranging up to _____________ |
| A. | 12 months |
| B. | 10 months |
| C. | 5 months |
| D. | 15 months |
| Answer» B. 10 months | |
| 35. |
Gilt-edged market means _____________ |
| A. | market of guns |
| B. | market of government securities |
| C. | bullion market |
| D. | market of pure metals |
| Answer» C. bullion market | |
| 36. |
Devaluation of currency will be more beneficial if _____________ |
| A. | prices of imports remains constant |
| B. | prices of exports remain constant |
| C. | prices of domestic goods remain constant |
| D. | prices of exports rise proportionately |
| Answer» C. prices of domestic goods remain constant | |
| 37. |
The co-operative credit societies have a _____________ |
| A. | four-tier structure |
| B. | three-tier structure |
| C. | two-tier structure |
| D. | five-tier structure |
| Answer» C. two-tier structure | |
| 38. |
In the second nationalisation of commercial banks, _____________ banks were nationalised. |
| A. | 6 |
| B. | 5 |
| C. | 4 |
| D. | 8 |
| Answer» B. 5 | |
| 39. |
Non Tax revenues can be increased by improving the working of the _____________ |
| A. | commercial irrigation projects |
| B. | electricity boards |
| C. | State Road Transport Corporations |
| D. | All of the above |
| Answer» B. electricity boards | |
| 40. |
Devaluation of a currency means _____________ |
| A. | fixing the value of the currency in conjunction with the movement in the value of a basket of pre-determined currencies |
| B. | permitting the currency to seek its worth in the international market |
| C. | reduction in the value of a currency vis-a-vis major internationally traded currencies |
| D. | fixing the value of currency in multilateral consultation with the IMF, the World Bank and major trading partners |
| Answer» D. fixing the value of currency in multilateral consultation with the IMF, the World Bank and major trading partners | |
| 41. |
Gross domestic capital formation is defined as _____________ |
| A. | production exceeding demand |
| B. | expenditure incurred on physical assets only |
| C. | flow of expenditure devoted to increased or maintaining of the capital stock |
| D. | net addition to stock after depreciation |
| Answer» E. | |
| 42. |
ICICI is the name of a _____________ |
| A. | corporation |
| B. | bureau |
| C. | chemical industry |
| D. | financial institution |
| Answer» E. | |
| 43. |
If the cash reserve ratio is lowered by the RBI, its impact on credit creation will be to _____________ |
| A. | no impact |
| B. | decrease it |
| C. | increase it |
| D. | None of the above |
| Answer» D. None of the above | |
| 44. |
Revenue of the state governments are raised from the following sources, except _____________ |
| A. | agricultural income tax |
| B. | expenditure tax |
| C. | entertainment tax |
| D. | land revenue |
| Answer» B. expenditure tax | |
| 45. |
The ARDC is now a branch of the _____________ |
| A. | IDBI |
| B. | NABARD |
| C. | RBI |
| D. | SDBI |
| Answer» C. RBI | |
| 46. |
Since the inception of the co-operative movement, rural credits has been _____________ |
| A. | cheapened |
| B. | rationalized |
| C. | institutionalized |
| D. | All of the above |
| Answer» E. | |
| 47. |
Excise duty is a tax levied on the _____________ |
| A. | production of goods |
| B. | export of goods |
| C. | import of goods |
| D. | sale of goods |
| Answer» B. export of goods | |
| 48. |
Debenture holders of a company are its _____________ |
| A. | debtors |
| B. | creditors |
| C. | shareholders |
| D. | directors |
| Answer» C. shareholders | |
| 49. |
Development expenditure of the Central government does not include _____________ |
| A. | expenditure on social and community services |
| B. | expenditure on economic services |
| C. | defence expenditure |
| D. | grant to states |
| Answer» D. grant to states | |
| 50. |
Deficit financing leads to inflation in general, but it can be checked if _____________ |
| A. | all the expenditure is denoted national debt payment only |
| B. | only aggregate demand is increased |
| C. | government expenditure leads to increase in the aggregate supply in ratio of aggregate demand |
| D. | All of the above |
| Answer» E. | |