MCQOPTIONS
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MCQOPTIONS
This section includes 568 Mcqs, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
The growth rate of service sector in 2011‐12 is: |
| A. | 3.3 % |
| B. | 9.4% |
| C. | 10.5% |
| D. | 6.3 % |
| Answer» C. 10.5% | |
| 2. |
Infant Mortality rate in Kerala according to the 2011 census is: |
| A. | 15 |
| B. | 11 |
| C. | 13 |
| D. | 9 |
| Answer» D. 9 | |
| 3. |
The threats to Tourism industry in Kerala does not include: |
| A. | Global warming |
| B. | changing weather patterns |
| C. | Safety |
| D. | All |
| Answer» E. | |
| 4. |
In the size of land area Kerala was in the : |
| A. | 20th position. |
| B. | 25th position. |
| C. | 21st position. |
| D. | 15thposition |
| Answer» D. 15thposition | |
| 5. |
Which sector is considered as the work horse of Indian economy? |
| A. | Primary |
| B. | Secondary |
| C. | Tertiary |
| D. | None |
| Answer» D. None | |
| 6. |
In the case of paper currency |
| A. | Intrinsic value and face value are equal |
| B. | Intrinsic value is less than face value |
| C. | Intrinsic value is greater than face value |
| D. | None of the above |
| Answer» C. Intrinsic value is greater than face value | |
| 7. |
Which is referred as the heath paradox in Kerala: |
| A. | Good health at high cost |
| B. | Good health at low cost |
| C. | Both incorrect |
| D. | None |
| Answer» C. Both incorrect | |
| 8. |
The largest employment providing sector in Indian economy at present is: |
| A. | Agriculture |
| B. | Industry |
| C. | Service |
| D. | None |
| Answer» B. Industry | |
| 9. |
Which is an urban poverty eradication Programme? |
| A. | JRY |
| B. | NREGP |
| C. | RLEGP |
| D. | NRY |
| Answer» E. | |
| 10. |
TRYSEM was established in |
| A. | 1996 |
| B. | 1990 |
| C. | 1980 |
| D. | 1979 |
| Answer» E. | |
| 11. |
The Couple protection rate in Kerala according to the 2011 estimates: |
| A. | 62.3% |
| B. | 52% |
| C. | 48% |
| D. | 58% |
| Answer» B. 52% | |
| 12. |
The most important paradox in the Kerala economy is; |
| A. | Development with growth |
| B. | Development without growth |
| C. | Growth with Development |
| D. | Growth without Development |
| Answer» C. Growth with Development | |
| 13. |
Deficit budgeting should be resorted to at a time of: |
| A. | Inflation |
| B. | Depression |
| C. | Boom |
| Answer» C. Boom | |
| 14. |
Intensive Agricultural District Programme was introduced as a pilot project in: |
| A. | 1960‐61 |
| B. | 1964‐65 |
| C. | 1965‐66 |
| D. | 1963‐64 |
| Answer» B. 1964‐65 | |
| 15. |
Balance of payment consist of: |
| A. | Trade in visible |
| B. | Trade in invisibles |
| C. | International capital flows |
| D. | All of the above |
| Answer» E. | |
| 16. |
In the case of a ‘token money’ |
| A. | Face value is less than the metal value |
| B. | Face value is equal to the metal value |
| C. | Face value is greater than the metal value |
| D. | None of the above |
| Answer» D. None of the above | |
| 17. |
Who is considered as the Father of Indian Green Revolution? |
| A. | Norman Borlaug |
| B. | Varghese Kurian |
| C. | M.S. Swaminathan |
| D. | None |
| Answer» D. None | |
| 18. |
Planning in India derives its objectives from : |
| A. | Fundamental Rights |
| B. | Directive Principles of State policy |
| C. | Fundamental Duties |
| D. | Preamble |
| Answer» C. Fundamental Duties | |
| 19. |
The mian objective of First Five Year Plan was: |
| A. | Industrial growth |
| B. | Economic growth |
| C. | Development of agriculture including irrigation and power projects |
| D. | Self reliance |
| Answer» D. Self reliance | |
| 20. |
In India the poverty is estimated in terms of: |
| A. | Calorie |
| B. | Income |
| C. | food |
| D. | All |
| Answer» B. Income | |
| 21. |
Budget is presented in the Parliament as per: |
| A. | Article 280 |
| B. | Article 112 |
| C. | Article 202 |
| D. | None of the above |
| Answer» C. Article 202 | |
| 22. |
Assertion (A): Necessity led to the invention of money. Reason(R) : Barter system failed to perform the major functions of money. |
| A. | (A) is true but (R) is false. |
| B. | Both (A) and (R) are false |
| C. | Both (A) and (R) are true and (R) is the correct explanation of (A) |
| D. | Both (A) and (R) are true but (R) is not the correct explanation of (A) |
| Answer» D. Both (A) and (R) are true but (R) is not the correct explanation of (A) | |
| 23. |
Trade as an engine of growth was propounded by : |
| A. | Hirschman |
| B. | Nurkse |
| C. | Marshall |
| D. | Robinson |
| Answer» C. Marshall | |
| 24. |
The leading district for domestic and foreign tourist arrival is: |
| A. | Thiruvananthapura |
| B. | Ernakulam |
| C. | Palakkad |
| D. | Thrissur |
| Answer» C. Palakkad | |
| 25. |
All the accounts of public authority are subject to: |
| A. | Conceal |
| B. | Audit and inspection |
| C. | Publicity |
| D. | None of above. |
| Answer» C. Publicity | |
| 26. |
The growth rate of Indian economy in 2011‐112is: |
| A. | 6.9% |
| B. | 9% |
| C. | 6.5% |
| D. | 8.2% |
| Answer» B. 9% | |
| 27. |
The contribution of Industrial sector to GDP in 2011‐12 is: |
| A. | 13.9 |
| B. | 14.5 |
| C. | 27% |
| D. | 29.1 |
| Answer» D. 29.1 | |
| 28. |
People are said to be suffered from “money illusion” since: |
| A. | People merely consider with nominal money holdings |
| B. | People consider the real money balances |
| C. | Both A and B |
| D. | None of the above |
| Answer» B. People consider the real money balances | |
| 29. |
When demand for US dollars increases under flexible exchange rate system, then: |
| A. | The rupee depreciates |
| B. | The dollar appreciates |
| C. | Both A and B |
| D. | None of the above |
| Answer» D. None of the above | |
| 30. |
For internal financing of Five Year Plans, the government depends on: |
| A. | Taxation only |
| B. | Taxation and public borrowing |
| C. | Public borrowing and deficit financing |
| D. | Taxation, public borrowing & deficit financing |
| Answer» E. | |
| 31. |
Which of the following is a concept of ‘broad money”: |
| A. | M1 |
| B. | M2 |
| C. | M3 |
| D. | All of the above |
| Answer» D. All of the above | |
| 32. |
The first Industrial Policy Resolution was passed in India in: |
| A. | 1948. |
| B. | 1950 |
| C. | 1947 |
| D. | 1958 |
| Answer» B. 1950 | |
| 33. |
Public debt implies loans raised by a government: |
| A. | Within the country |
| B. | Outside the country |
| C. | Both (a) and (b) |
| D. | None of the above |
| Answer» D. None of the above | |
| 34. |
A major shift in the Eighth Five Year Plan from it preceding ones was: |
| A. | The concentration of investment in infrastructural sector |
| B. | Major investment in agriculture with a view to promoting exports |
| C. | Major investment in sectors where industrial sickness has been a chronic problem |
| D. | The significant reduction in public sector outlays |
| Answer» C. Major investment in sectors where industrial sickness has been a chronic problem | |
| 35. |
A tax is: |
| A. | Voluntary contribution with direct benefit |
| B. | Compulsory contribution with indirect benefit. |
| C. | Compulsory Contribution with no direct benefit. |
| D. | None of the above. |
| Answer» D. None of the above. | |
| 36. |
Price revenue is popularly known as: |
| A. | Market borrowing |
| B. | Government borrowing |
| C. | Commercial revenue |
| D. | Surplus of public undertakings |
| Answer» D. Surplus of public undertakings | |
| 37. |
In the service sector which subsector shows highest growth rate? |
| A. | Trade, hotels and restaurants |
| B. | Financing, Insurance, Real Estate |
| C. | Community, Social and Personal services |
| D. | Transport, storage and communication |
| Answer» B. Financing, Insurance, Real Estate | |
| 38. |
In all balance of payment accounts, there are a fictitious head of account called: |
| A. | Invisibles |
| B. | Deficits |
| C. | Reserves |
| D. | Errors and omissions |
| Answer» E. | |
| 39. |
If the Rupees per Dollar($) exchange rate changes from Rs 44 to 46 in an year by the market force, it implies |
| A. | Appreciation of $ |
| B. | Depreciation of $ |
| C. | Devaluation of $ |
| D. | Revaluation of $ |
| Answer» B. Depreciation of $ | |
| 40. |
Public finance is said to be: |
| A. | Science of income and expenditure |
| B. | Science of money and cost |
| C. | Science of demand and supply of money. |
| D. | Science of taxes and spending. |
| Answer» B. Science of money and cost | |
| 41. |
The Kerala state was formed in: |
| A. | 1954 |
| B. | 1955 |
| C. | 1956 |
| D. | 1957 |
| Answer» D. 1957 | |
| 42. |
Tourism was recognized as an industry by Kerala in: |
| A. | 1990 |
| B. | 1996 |
| C. | 1986 |
| D. | 2011 |
| Answer» D. 2011 | |
| 43. |
An economic transaction is entered in the balance of payment as a credit, if it leads to: |
| A. | Receipt of payment from foreigners |
| B. | Either the receipt of payment or making of payment |
| C. | A payment to foreigners |
| D. | Neither the receipt nor making of a payment |
| Answer» B. Either the receipt of payment or making of payment | |
| 44. |
Devaluation of currency may result in: |
| A. | Increase in export |
| B. | Increase in import |
| C. | Increased capital flow |
| D. | Capital outflow |
| Answer» B. Increase in import | |
| 45. |
Which is the component of capital account of balance of payment: |
| A. | Service payments |
| B. | Portfolio investment |
| C. | Export |
| D. | Interest receipts |
| Answer» C. Export | |
| 46. |
Which is the largest contributing sector to India’s GDP? |
| A. | Agriculture |
| B. | Industry |
| C. | Service |
| D. | None |
| Answer» D. None | |
| 47. |
The name of indirect tax is: |
| A. | Sales tax |
| B. | Income tax |
| C. | Corporation tax |
| D. | Wealth tax. |
| Answer» B. Income tax | |
| 48. |
The Kerala Land Reforms Act was passed in the year: |
| A. | 1963 |
| B. | 1969 |
| C. | 1970 |
| D. | 1954 |
| Answer» B. 1969 | |
| 49. |
Under fixed exchange rate system, when domestic currency is moved to a higher parity in terms of vehicle currency is: |
| A. | Appreciation |
| B. | Depreciation |
| C. | Devaluation |
| D. | Revaluation |
| Answer» E. | |
| 50. |
The term 'Hindu rate of growth' refers to the 3.70% per annum growth rate achieved by the Indian economy over the first six Five Year Plans'. The term was coined by: |
| A. | J.N. Bhagwati |
| B. | K.N. Raj |
| C. | Raj Krishna |
| D. | Sukhamoy Chakravarty |
| Answer» D. Sukhamoy Chakravarty | |