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MCQOPTIONS
This section includes 2369 Mcqs, each offering curated multiple-choice questions to sharpen your Economics knowledge and support exam preparation. Choose a topic below to get started.
| 901. |
Human Development Index is a composite index of – |
| A. | Nutritional status, quality of life and GDP per capita |
| B. | Poverty, Life Expectancy, and Educational Achievement |
| C. | Life Expectancy, Educational Achievement and Per Capita GDP |
| D. | Inflation, unemployment and GDP per capita |
| Answer» D. Inflation, unemployment and GDP per capita | |
| 902. |
Which of the following is not a part of Human Development Index? |
| A. | health and nutrition |
| B. | per capita income |
| C. | life expectancy at birth |
| D. | Gross Name Investment Rate |
| Answer» E. | |
| 903. |
Which formula does the Planning Commission use to estimate poverty at the state and state level? |
| A. | Dandekar and Rath |
| B. | b. s . minhas |
| C. | D . T. lakadwala |
| D. | P . K. . Bardhan |
| Answer» D. P . K. . Bardhan | |
| 904. |
On the basis of whose surveys the Planning Commission assesses the people below the poverty line - |
| A. | National Sample Survey Organization |
| B. | Central Statistical Organization |
| C. | Reserve Bank of India |
| D. | World Bank |
| Answer» B. Central Statistical Organization | |
| 905. |
Structural unemployment is caused by – |
| A. | state of deflation |
| B. | heavy industry practice |
| C. | shortage of raw materials |
| D. | insufficient production capacity |
| Answer» E. | |
| 906. |
The Planning Commission determines the poverty line on the basis of nutritional needs. According to this, people who get less than 2400 calories per day in rural areas are considered below the poverty line. This is the calorie for urban areas - |
| A. | 2000 calories |
| B. | 2100 calories |
| C. | 2300 calories |
| D. | 2500 calories |
| Answer» C. 2300 calories | |
| 907. |
The objective of the Antyodaya program was – |
| A. | alleviating urban poverty |
| B. | advancement of minority |
| C. | To improve the standard of living of the Scheduled Castes |
| D. | helping the poorest of the poor |
| Answer» E. | |
| 908. |
Globalization means- |
| A. | Integration of economy |
| B. | financial market integration |
| C. | integration of the domestic economy with the global economy |
| D. | Integration of different segments in the economy |
| Answer» D. Integration of different segments in the economy | |
| 909. |
Which type of unemployment problem remains a very serious problem in the country at the present time? |
| A. | rural unemployment |
| B. | urban unemployment |
| C. | educated unemployment |
| D. | open unemployment |
| Answer» D. open unemployment | |
| 910. |
Most of the unemployment in India is |
| A. | technology |
| B. | cyclic |
| C. | Frictional |
| D. | structural |
| Answer» E. | |
| 911. |
Disguised unemployment generally means that - |
| A. | people are unemployed in large numbers |
| B. | Alternative employment not available |
| C. | Marginal utility of labor is zero |
| D. | labor productivity is low |
| Answer» D. labor productivity is low | |
| 912. |
Collects and publishes unemployment data in India |
| A. | Planning Commission |
| B. | Finance Commission |
| C. | N. s . s . O . |
| D. | U. N. O . |
| Answer» D. U. N. O . | |
| 913. |
The type of unemployment found in India is – |
| A. | rural underemployment |
| B. | cyclical unemployment |
| C. | structural unemployment |
| D. | all of which |
| Answer» E. | |
| 914. |
Which unemployment is found the most in rural areas in India? |
| A. | seasonal unemployment |
| B. | invisible unemployment |
| C. | both suitable |
| D. | none of these |
| Answer» D. none of these | |
| 915. |
The nature of unemployment is seen in agriculture. |
| A. | structural unemployment |
| B. | seasonal unemployment |
| C. | frictional unemployment |
| D. | all of which |
| Answer» E. | |
| 916. |
A closed economy is an economy in which - |
| A. | currency is fully controlled |
| B. | have deficit financing |
| C. | Only Exports are taken place |
| D. | neither export nor import |
| Answer» E. | |
| 917. |
About what part of India's total labor force is engaged in agriculture? |
| A. | 48 percent |
| B. | 50 percent |
| C. | 54 percent |
| D. | 64 percent |
| Answer» D. 64 percent | |
| 918. |
Which sector of the Indian economy contributes the most to the Gross National Product? |
| A. | primary sector |
| B. | secondary sector |
| C. | tertiary sector |
| D. | public area |
| Answer» D. public area | |
| 919. |
Mixed economy means- |
| A. | co-existence of government and private sector |
| B. | coexistence of rich and poor |
| C. | co-existence of small and large scale industries |
| D. | Support of both agriculture and industry in the economy |
| Answer» B. coexistence of rich and poor | |
| 920. |
From the point of view of economic development, India is calculated as- |
| A. | as a backward nation |
| B. | as a developed nation |
| C. | as a developing nation |
| D. | as an underdeveloped nation |
| Answer» D. as an underdeveloped nation | |
| 921. |
What type of economy is there in India? |
| A. | socialist |
| B. | Mixed |
| C. | Gandhian |
| D. | Independent |
| Answer» C. Gandhian | |
| 922. |
Which is the first state to release state level human development report? |
| A. | Kerala |
| B. | Rajasthan |
| C. | U.P. |
| D. | Madhya Pradesh |
| Answer» E. | |
| 923. |
When was the national sample established in the country? |
| A. | 1955 |
| B. | 1965 |
| C. | 1950 |
| D. | 1952 |
| Answer» D. 1952 | |
| 924. |
What is the largest contributor to the national income of India? |
| A. | Service area |
| B. | business area |
| C. | agricultural sector |
| D. | industry sector |
| Answer» B. business area | |
| 925. |
Which state of India has the highest percentage of poor? |
| A. | Orissa |
| B. | Vihar |
| C. | Jharkhand |
| D. | Chhattisgarh |
| Answer» B. Vihar | |
| 926. |
On what basis are the sectors in an economy classified into public and private? |
| A. | conditions of employment |
| B. | ownership of enterprises |
| C. | use of raw materials |
| D. | none of these |
| Answer» C. use of raw materials | |
| 927. |
Who is called the forerunner of liberalization of Indian economy? |
| A. | P. Chidambaram |
| B. | Amartya Sen |
| C. | Dr. Manmohan Singh |
| D. | none of these |
| Answer» D. none of these | |
| 928. |
World Development Report is the annual publication of? |
| A. | I.M.F |
| B. | W.T.O |
| C. | I.B.R.D |
| D. | none of these |
| Answer» D. none of these | |
| 929. |
Which economist has given the Human Development Index? |
| A. | Mehboob-ul-Haq |
| B. | Amartya Sen |
| C. | Johnson |
| D. | none of these |
| Answer» B. Amartya Sen | |
| 930. |
What do you understand by closed economy? |
| A. | import off |
| B. | export stop |
| C. | controlled capital |
| D. | import-export closed |
| Answer» E. | |
| 931. |
Disguised unemployment is commonly seen in India? |
| A. | in the service sector |
| B. | in agriculture |
| C. | in factory area |
| D. | all these |
| Answer» C. in factory area | |
| 932. |
Which state is the largest producer of cashew nuts? |
| A. | Assam |
| B. | Andhra Pradesh |
| C. | Goa |
| D. | Kerala |
| Answer» E. | |
| 933. |
Most of the unemployment in India is? |
| A. | cyclic |
| B. | structural |
| C. | technology |
| D. | Frictional |
| Answer» C. technology | |
| 934. |
For which of the following crops, India has the largest agricultural area? |
| A. | wheat |
| B. | Cotton |
| C. | Pulses |
| D. | rice |
| Answer» E. | |
| 935. |
Which of the following states has the largest number of tea plantations? |
| A. | Assam |
| B. | A state in Eastern India |
| C. | Meghalaya |
| D. | Manipur |
| Answer» B. A state in Eastern India | |
| 936. |
Where is the National Institute of Rural Development located? |
| A. | Hyderabad |
| B. | Patna |
| C. | New Delhi |
| D. | Shimla |
| Answer» B. Patna | |
| 937. |
Which is the most suitable cereal in India? |
| A. | wheat |
| B. | barley |
| C. | maize |
| D. | rice |
| Answer» E. | |
| 938. |
Which of the following states of India has the largest quantity of coal? |
| A. | Maharashtra |
| B. | Orissa |
| C. | Gujarat |
| D. | Rajasthan |
| Answer» C. Gujarat | |
| 939. |
Which state produces maximum cardamom in India? |
| A. | Sikkim |
| B. | Meghalaya |
| C. | Assam |
| D. | Arunachal Pradesh |
| Answer» B. Meghalaya | |
| 940. |
Which two states of India are the leading producers of mineral oil? |
| A. | Rajasthan and Gujarat |
| B. | Maharashtra and Goa |
| C. | Orissa and Bihar |
| D. | Assam and Gujarat |
| Answer» E. | |
| 941. |
When was the Consumer Protection Act announced in India? |
| A. | 1987 |
| B. | 19988 |
| C. | 1986 |
| D. | 1980 |
| Answer» D. 1980 | |
| 942. |
Which state is the largest producer of black pepper in India? |
| A. | Tamil Nadu |
| B. | Andhra Pradesh |
| C. | Kerala |
| D. | Meghalaya |
| Answer» D. Meghalaya | |
| 943. |
In which state of India is wet agriculture practiced? |
| A. | Kerala |
| B. | Assam |
| C. | A state in Eastern India |
| D. | Gujarat |
| Answer» B. Assam | |
| 944. |
Where is the headquarter of Oil and Natural Gas Corporation (ONGC) located in India? |
| A. | in Hirapur |
| B. | in Guwahati |
| C. | in Dehradun |
| D. | in mumbai |
| Answer» D. in mumbai | |
| 945. |
Which of the following guarantees the purity of food items? |
| A. | hallmark |
| B. | Agmark |
| C. | Bullmark |
| D. | ISI mark |
| Answer» C. Bullmark | |
| 946. |
In which year did the United Nations set forth principles for consumer rights and protection? |
| A. | 1985 |
| B. | 1990 |
| C. | 2005 |
| D. | 2010 |
| Answer» B. 1990 | |
| 947. |
When was the Human Rights Commission established? |
| A. | 1993 |
| B. | 1994 |
| C. | 1995 |
| D. | 2005 |
| Answer» B. 1994 | |
| 948. |
When is Consumer Rights Day celebrated? |
| A. | March 17 |
| B. | 15 March |
| C. | April 19 |
| D. | 22 April |
| Answer» C. April 19 | |
| 949. |
When is National Consumer Day celebrated in India? |
| A. | 24 December |
| B. | March 1 |
| C. | April 10 |
| D. | 10 December |
| Answer» B. March 1 | |
| 950. |
Where is the headquarters of International Organization for Standardization (ISO)? |
| A. | Dhaka |
| B. | Geneva |
| C. | New York |
| D. | London |
| Answer» C. New York | |