MCQOPTIONS
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MCQOPTIONS
This section includes 325 Mcqs, each offering curated multiple-choice questions to sharpen your Indian Economy knowledge and support exam preparation. Choose a topic below to get started.
| 151. |
SAARC University will have its head office in |
| A. | Dhaka (bangladesh) |
| B. | New delhi (india) |
| C. | Colombo (sri lanka) |
| D. | Male (maldives) |
| Answer» C. Colombo (sri lanka) | |
| 152. |
SEBI was established in |
| A. | 1993 |
| B. | 1992 |
| C. | 1988 |
| D. | 1990 |
| Answer» D. 1990 | |
| 153. |
Ad hoc Treasury Bill System of meeting budget deficit in India was abolished on |
| A. | 31 march, 1997 |
| B. | 31 march, 1996 |
| C. | 1 april, 1992 |
| D. | 1 april, 1995 |
| Answer» B. 31 march, 1996 | |
| 154. |
The base year of present Consumer Price Index (CPI) for Urban Non-Manual Employees (CPI-UNME) is |
| A. | 1980 - 81 |
| B. | 1981 - 82 |
| C. | 1982 - 83 |
| D. | 1984 - 85 |
| Answer» E. | |
| 155. |
MRTP Act was implemented in |
| A. | 1967 |
| B. | 1968 |
| C. | 1969 |
| D. | 1970 |
| Answer» E. | |
| 156. |
Kutir Jyoti scheme is associated with |
| A. | Promoting cottage industry in villages |
| B. | Promoting employment among rural unemployed youth |
| C. | Providing electricity to rural families living below the poverty line |
| D. | All of these |
| Answer» D. All of these | |
| 157. |
Real national income denotes |
| A. | Net factor income |
| B. | National income at current prices |
| C. | National income at constant prices |
| D. | Per capital income |
| Answer» C. National income at constant prices | |
| 158. |
VAT is imposed |
| A. | Directly on consumer |
| B. | On final stage of production |
| C. | On first stage of production |
| D. | On all stages between production and final sale |
| Answer» E. | |
| 159. |
Consumer Protection Act (CORPA) was implemented in |
| A. | 1985 |
| B. | 1986 |
| C. | 1987 |
| D. | 1988 |
| Answer» D. 1988 | |
| 160. |
Mixed Economy means |
| A. | Co-existence of small and large industries |
| B. | Promoting both agriculture and industries in the economy |
| C. | Co-existence of public and private sectors |
| D. | Co-existence of rich and poor |
| Answer» D. Co-existence of rich and poor | |
| 161. |
What is a "Zero Base Budgeting"? |
| A. | Infinite deficit financing |
| B. | No curtailment in unproductive expenditure |
| C. | No appraisal of new programmes |
| D. | Preparation of new budget every time |
| Answer» E. | |
| 162. |
Legal tender in India includes |
| A. | Notes issued by the finance ministry |
| B. | Notes issued by rbi only |
| C. | Gold and notes |
| D. | Coins and bank notes |
| Answer» E. | |
| 163. |
Railway Budget in India was separated from general budget in |
| A. | 1924-25 |
| B. | 1941-42 |
| C. | 1947-48 |
| D. | 1950-51 |
| Answer» B. 1941-42 | |
| 164. |
What is "Stagflation"? |
| A. | Inflation with growth |
| B. | Deflation with growth |
| C. | Inflation after deflations |
| D. | Inflation with depression |
| Answer» E. | |
| 165. |
Which one of the following is a revamp of the Integrated Rural Development Programme? |
| A. | National social assistance programme |
| B. | Community based pro-poor initiative |
| C. | Jawahar gram samridhi yojana |
| D. | Swarnajayanti gram swarozgar yojana |
| Answer» E. | |
| 166. |
"Blue Revolution" is related to |
| A. | Space research |
| B. | Poultry |
| C. | Fisheries |
| D. | Drinking water |
| Answer» D. Drinking water | |
| 167. |
The seventh plan gave maximum weightage to the sector of |
| A. | Energy |
| B. | Science and technology |
| C. | Agriculture |
| D. | Industry |
| Answer» B. Science and technology | |
| 168. |
A very rapid growth in prices in which money loses to the point where even barter may be preferable is known as |
| A. | Disinflation |
| B. | Inflation |
| C. | Deflation |
| D. | Hyper-inflation |
| Answer» E. | |
| 169. |
Durgapur, Bhilai and Rourkela plants were set up during the _______ plan. |
| A. | First |
| B. | Second |
| C. | Fourth |
| D. | Third |
| Answer» C. Fourth | |
| 170. |
National Income is |
| A. | Income of the central government |
| B. | Income of the central and state government |
| C. | Total of factor incomes |
| D. | Profits of the public sectors |
| Answer» D. Profits of the public sectors | |
| 171. |
The item that earns the maximum foreign exchange for India is |
| A. | Leather and leather goods |
| B. | Spices |
| C. | Medicines |
| D. | Rice |
| Answer» B. Spices | |
| 172. |
Fourth Five Year Plan period was |
| A. | 1966-71 |
| B. | 1968-73 |
| C. | 1969-74 |
| D. | 1970-75 |
| Answer» D. 1970-75 | |
| 173. |
The value of Gold is determined in |
| A. | London |
| B. | Rome |
| C. | Washington |
| D. | Teheran |
| Answer» B. Rome | |
| 174. |
The committee on the Financial System to trace the ills of public sector banks was headed by |
| A. | Dr. man mohan singh |
| B. | Dr. ranganathan |
| C. | Dr. narasimha |
| D. | Dr. raja chelliah |
| Answer» D. Dr. raja chelliah | |
| 175. |
Dalal street is situated at |
| A. | Paris |
| B. | Mumbai |
| C. | London |
| D. | New delhi |
| Answer» C. London | |
| 176. |
The total number of nationalized banks in India is |
| A. | 14 |
| B. | 16 |
| C. | 17 |
| D. | 20 |
| Answer» E. | |
| 177. |
National Income estimates in India is prepared by |
| A. | Rbi |
| B. | C. s. o. |
| C. | Finance ministry |
| D. | Planning commission |
| Answer» C. Finance ministry | |
| 178. |
The main and final aim of Land Reform is |
| A. | Abolition of intermediaries |
| B. | Fixing ceiling on land holding |
| C. | Fixation of fair rent |
| D. | Making tillers as the owners of the soil |
| Answer» E. | |
| 179. |
Octroi refers to |
| A. | Tax |
| B. | Agriculture |
| C. | Industry |
| D. | None of these |
| Answer» B. Agriculture | |
| 180. |
Which place India holds in Milk production? |
| A. | Fourth |
| B. | Third |
| C. | Second |
| D. | First |
| Answer» E. | |
| 181. |
Indian Planning Commission was constituted in |
| A. | 1948 |
| B. | 1949 |
| C. | 1950 |
| D. | 1951 |
| Answer» D. 1951 | |
| 182. |
Who controls the activities of indigenous bankers? |
| A. | Reserve bank of india |
| B. | Lead banks |
| C. | Regional rural banks |
| D. | None of these |
| Answer» E. | |
| 183. |
Chairman of Tax Reform committee was |
| A. | Pranab mukherjee |
| B. | K.p.narsimham |
| C. | S. janakiraman |
| D. | Raja chelliah |
| Answer» E. | |
| 184. |
The foreign exchange reserves of India include |
| A. | Sdrs |
| B. | Foreign currencies |
| C. | Gold |
| D. | All the above |
| Answer» E. | |
| 185. |
In Sugar production in the world India placed at |
| A. | First rank |
| B. | Second rank |
| C. | Third rank |
| D. | Fourth rank |
| Answer» B. Second rank | |
| 186. |
Janakiraman Committee was constituted with the aim |
| A. | To suggest measures to raise post office deposits |
| B. | To suggest reforms in banking structure |
| C. | To investigate the malpractices of industrial finance |
| D. | To investigate the security transactions of the bank |
| Answer» E. | |
| 187. |
Indian Green Revolution is the most successful in |
| A. | Wheat and potato |
| B. | Jwar and oil seeds |
| C. | Wheat and rice |
| D. | Tea and coffee |
| Answer» D. Tea and coffee | |
| 188. |
Operation Flood Programme was introduced in |
| A. | 1951 |
| B. | 1970 |
| C. | 1975 |
| D. | 1985 |
| Answer» C. 1975 | |
| 189. |
The period of 10th Plan in India is |
| A. | 2000-2005 |
| B. | 2001-2006 |
| C. | 2002-2007 |
| D. | 2003-2008 |
| Answer» D. 2003-2008 | |
| 190. |
National Rural Development Institute is situated at |
| A. | Patna |
| B. | Shimla |
| C. | Hyderabad |
| D. | New delhi |
| Answer» D. New delhi | |
| 191. |
Which is not related to Industries? |
| A. | Sipcot |
| B. | Cipko |
| C. | Tansitia |
| D. | Sidco |
| Answer» C. Tansitia | |
| 192. |
Consider the following statements:Assertion(A) : India is one of the leading Industrial countries among the developing countries. Reason (R) : Government of India has neglected altogether the traditional craft Industries Now Select your answer using the codes scheme given below: |
| A. | Both (a) and (r) are true and (r) is the correct explanation of (a) |
| B. | Both (a) and (r) are true, but (r) is not the correct explanation of (a) |
| C. | (a) is true, but (r) is false |
| D. | (a) is false, but (r) is true |
| Answer» D. (a) is false, but (r) is true | |
| 193. |
Consignment account is the nature of |
| A. | Real account |
| B. | Personal account |
| C. | Nominal account |
| D. | Profit and less account |
| Answer» D. Profit and less account | |
| 194. |
Free trade zone is |
| A. | Kandla port |
| B. | Mumbai port |
| C. | Vishakhapatnam port |
| D. | Cochin port |
| Answer» B. Mumbai port | |
| 195. |
National Sample Survey Organisation (NSSO) was established in? |
| A. | 1950 |
| B. | 1951 |
| C. | 1952 |
| D. | 1947 |
| Answer» B. 1951 | |
| 196. |
The Headquarter of RBI is in |
| A. | Delhi |
| B. | Nasik |
| C. | Mumbai |
| D. | Kanpur |
| Answer» D. Kanpur | |
| 197. |
Black money refers to |
| A. | Paper money which is black in colour |
| B. | Money earnings from business |
| C. | Unaccounted money |
| D. | None of these |
| Answer» D. None of these | |
| 198. |
The second nationalization of banks took place in India in the year |
| A. | 1969 |
| B. | 1979 |
| C. | 1975 |
| D. | 1980 |
| Answer» E. | |
| 199. |
The programme IRDP is connected with |
| A. | Industry |
| B. | Transport |
| C. | Villages |
| D. | Trade |
| Answer» D. Trade | |
| 200. |
All losses and expenses are |
| A. | Debited |
| B. | Credited |
| C. | Both debit and credit |
| D. | No entry |
| Answer» B. Credited | |