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MCQOPTIONS
This section includes 1254 Mcqs, each offering curated multiple-choice questions to sharpen your General Knowledge knowledge and support exam preparation. Choose a topic below to get started.
| 751. |
As per the news reports, MTNL recently launched its 3G service and became the first telecome operator to launch the same in India. What is the full form of 'G' in 3G |
| A. | Global |
| B. | Generation |
| C. | Growth |
| D. | Gravity |
| Answer» C. Growth | |
| 752. |
As per the decision of the GST Council, e-Way Bill system has been rolled out from |
| A. | 1st March 2018 |
| B. | 1st April 2018 |
| C. | 1st May 2018 |
| D. | 1st January 2018 |
| Answer» C. 1st May 2018 | |
| 753. |
As per the data released by the IncomeÂTax Department in December 2017, how much percent of total population paid income tax in the assessment year 2015Â16? |
| A. | 1.7 |
| B. | 5.7 |
| C. | 9.7 |
| D. | 11.7 |
| Answer» B. 5.7 | |
| 754. |
As per the Census of 2001, the least urbanised State of India is |
| A. | Arunachal Pradesh |
| B. | Assam |
| C. | Himachal Pradesh |
| D. | Uttar Pradesh |
| Answer» D. Uttar Pradesh | |
| 755. |
As per RBI In October 2017, Gross Non-Performing Assets (GNPA) ratio for NBFCs increased to what percentage till March 2017?_x005F_x000D_ |
| A. | 2 |
| B. | 5 |
| C. | 10 |
| D. | 20 |
| Answer» C. 10 | |
| 756. |
As per the announcement by the government in August 2017, Banks importing gold and precious metals will have to pay ______ tax under the GST._x005F_x000D_ |
| A. | 5%_x005F_x000D_ |
| B. | 10%_x005F_x000D_ |
| C. | 3%_x005F_x000D_ |
| D. | 0.08 |
| Answer» D. 0.08 | |
| 757. |
As per Census of India 2011, the population density was about |
| A. | 382 people per sq.km |
| B. | 353 people per sq.km |
| C. | 402 people per sq.km |
| D. | 428 people per sq.km |
| Answer» B. 353 people per sq.km | |
| 758. |
As per Census 2001, among the following hill states of India, which one has the highest literacy rate |
| A. | Arunachal Pradesh |
| B. | Himachal Pradesh |
| C. | Sikkim |
| D. | Uttarakhand |
| Answer» C. Sikkim | |
| 759. |
As per Economic survey 2017-18, the percentage contribution of the services sector to India's GDP will be in the range of |
| A. | Between 40-50% |
| B. | Greater than 50% |
| C. | Less than 30% |
| D. | Between 30-40% |
| Answer» C. Less than 30% | |
| 760. |
Another name for false productivity is |
| A. | making poor decisions |
| B. | filling your mind with negative self-talk |
| C. | driving toward success |
| D. | spinning your wheels |
| Answer» E. | |
| 761. |
An online electronic institutional mechanism for facilitating the financing of trade receivables of micro, small and 4 medium enterprises (MSME) through multiple financiers is:_x005F_x000D_  _x005F_x000D_  _x005F_x000D_ |
| A. | OLPS |
| B. | TIPS |
| C. | OPIS |
| D. | TReDS |
| Answer» E. | |
| 762. |
As it relates to international trade, dumping |
| A. | is the practice of selling goods in a foreign market at less than cost. |
| B. | is a form of price discrimination illegal under U.S. antitrust laws. |
| C. | is defined as selling more goods than allowed by an import quota. |
| D. | constitutes a general case for permanent tariffs. |
| Answer» B. is a form of price discrimination illegal under U.S. antitrust laws. | |
| 763. |
As per 2001 Census which one of the following is NOT a megacity of India |
| A. | Ahmedabad |
| B. | Chennai |
| C. | Bangaluru |
| D. | Ranchi |
| Answer» E. | |
| 764. |
An indifference curve measures the same level of ___________ |
| A. | Output from two factors |
| B. | Satisfaction from two commodities |
| C. | Satisfaction from Income and Capital |
| D. | Satisfaction from expenditure and savings |
| Answer» C. Satisfaction from Income and Capital | |
| 765. |
An increase in the quantity demanded means that |
| A. | The demand curve shifted to right |
| B. | Price of the product has declined |
| C. | Increase in consumer income |
| D. | All the above |
| Answer» E. | |
| 766. |
An objective of the National Food Security Mission is to increase the production of certain crops through area expansion and productivity enhancement in a sustainable manner in the identified districts of the country. What are those crops? |
| A. | Rice and Wheat only |
| B. | Rice, Wheat and pulses only |
| C. | Rice, Wheat, Pulses and oil seeds only |
| D. | Rice, Wheat, Pulses, oil seeds and vegetables |
| Answer» C. Rice, Wheat, Pulses and oil seeds only | |
| 767. |
An indifference curve measures ______________ level of satisfaction derived from different combinations of commodity X and Y. |
| A. | same |
| B. | higher |
| C. | lower |
| D. | minimum |
| Answer» B. higher | |
| 768. |
An increase of 1% per annum in the rate of growth of the money supply will increase inflation in the long run by _______. |
| A. | Zero percent |
| B. | One percent |
| C. | 0.5 percent |
| D. | More than one percent |
| Answer» C. 0.5 percent | |
| 769. |
An increase in the money supply will cause interest rates to ___________._x005F_x000D_ |
| A. | rise |
| B. | fall |
| C. | remain unchanged |
| D. | No option is correct. |
| Answer» C. remain unchanged | |
| 770. |
An increase in price of which of these products will have a ripple effect in increasing the prices of many products, thereby resulting in inflation? |
| A. | Petroleum |
| B. | Medicines |
| C. | Smartphones |
| D. | Automobiles |
| Answer» B. Medicines | |
| 771. |
An increase in expected future income will |
| A. | Decrease aggregate demand and aggregate supply |
| B. | Increase aggregate demand and aggregate supply |
| C. | Increase aggregate demand |
| D. | Increase aggregate supply |
| Answer» D. Increase aggregate supply | |
| 772. |
An increase in the growth rate of the nominal money supply results in |
| A. | Lower rate of inflation |
| B. | Higher rate of inflation |
| C. | Lower interest rates |
| D. | Currency appreciation |
| Answer» C. Lower interest rates | |
| 773. |
An increase in productivity will_x005F_x000D_ |
| A. | Increase aggregate supply |
| B. | Increase in price level |
| C. | Increase in demand |
| D. | All the above |
| Answer» B. Increase in price level | |
| 774. |
An increase in demand means that |
| A. | the demand curve shifts to the right |
| B. | consumers desire a greater quantity |
| C. | Both A & B |
| D. | None of the above |
| Answer» D. None of the above | |
| 775. |
An improvement in technology would shift |
| A. | the demand curve rightward |
| B. | the supply curve rightward |
| C. | the supply curve leftward |
| D. | the demand curve leftward |
| Answer» C. the supply curve leftward | |
| 776. |
An exculpatory clause is generally unenforceable when |
| A. | it involves public transportation. |
| B. | it attempts to release a party from liability for ordinarily negligent behavior. |
| C. | it is written clearly and in bold, large print. |
| D. | the affected activity is a recreational activity. |
| Answer» B. it attempts to release a party from liability for ordinarily negligent behavior. | |
| 777. |
An economic system combining private and state enterprise is called as _____ |
| A. | Market economy |
| B. | Centrally planned economy |
| C. | Private economy |
| D. | Mixed economy |
| Answer» E. | |
| 778. |
Among the following rivers which one is the largest |
| A. | Godavari |
| B. | Kaveri |
| C. | Yamuna |
| D. | Krishna |
| Answer» B. Kaveri | |
| 779. |
Amartya Sen was awarded the Nobel Prize for his contribution to |
| A. | Monetary Economics |
| B. | Welfare Economics |
| C. | Environmental Economics |
| D. | Development Economics |
| Answer» C. Environmental Economics | |
| 780. |
All Insurance is based on a principle called |
| A. | investment premiums |
| B. | division of risk |
| C. | cash value coverage. |
| D. | premium earnings |
| Answer» C. cash value coverage. | |
| 781. |
Ad Valorem tax is levied on? |
| A. | Value |
| B. | Volume |
| C. | Production |
| D. | Export |
| Answer» B. Volume | |
| 782. |
According to the World Bank, what is India's position among the world economies based on the year 2017?_x005F_x000D_ |
| A. | 7 |
| B. | 9 |
| C. | 6 |
| D. | 4 |
| Answer» E. | |
| 783. |
According to World Economic Forum Global Gender Gap Report 2017, Indian has closed ______ percentage of its gender gap. |
| A. | 39 |
| B. | 67 |
| C. | 53 |
| D. | 91 |
| Answer» C. 53 | |
| 784. |
According to the report by the Commerce Ministry ‘Logistics Ease Across Different States (LEADS)’, which of the following state has topped the Logistic Index Chart? |
| A. | Maharashtra |
| B. | Andhra Pradesh |
| C. | Gujarat |
| D. | Karnataka |
| Answer» D. Karnataka | |
| 785. |
According to the Census 2001, the density of population in India(per square km) is |
| A. | 304 |
| B. | 324 |
| C. | 344 |
| D. | 364 |
| Answer» C. 344 | |
| 786. |
According to the law of diminishing marginal utility, as the amount of a good consumed increases, the marginal utility of that good tends to |
| A. | improve |
| B. | diminish |
| C. | remain constant |
| D. | first diminish and then improve |
| Answer» C. remain constant | |
| 787. |
According to Nomura's Report, India’s GDP growth rate is expected to be around _________ in the financial year 2017-18. |
| A. | 0.076 |
| B. | 0.073 |
| C. | 0.078 |
| D. | 0.071 |
| Answer» E. | |
| 788. |
According to the 2001 Census,Maharashtra has the largest urban population and it is followed by |
| A. | Uttar Pradesh and Tamil Nadu |
| B. | Delhi and Punjab |
| C. | Haryana and Gujarat |
| D. | West bengal and Delhi |
| Answer» B. Delhi and Punjab | |
| 789. |
According to John Maynard Keynes, employment depends upon_x005F_x000D_ |
| A. | aggregate demand |
| B. | aggregate supply |
| C. | effective demand |
| D. | rate of interest |
| Answer» D. rate of interest | |
| 790. |
According to Census 2001, what is the percentage of male literacy |
| A. | 75.85 |
| B. | 70 |
| C. | 65 |
| D. | 60 |
| Answer» B. 70 | |
| 791. |
A tyre tube manufacturer faces a -1.6 price elasticity of demand for its tubes. It is presently selling 24000 units/month. If it wants to increase quantity sold by 4%, it must lower its price by ________._x005F_x000D_ |
| A. | 2.5 percent |
| B. | 5.6 percent |
| C. | 2.4 percent |
| D. | 6.4 percent |
| Answer» B. 5.6 percent | |
| 792. |
A trial balance is prepared to |
| A. | measure credits |
| B. | measure debits |
| C. | measure credits = debits are not |
| D. | None of the above |
| Answer» D. None of the above | |
| 793. |
A situation where we have people whose level of income is not sufficient to meet the minimum consumption expenditure is considered as |
| A. | Absolute Poverty |
| B. | Relative Poverty |
| C. | Urban Poverty |
| D. | Rural Poverty |
| Answer» B. Relative Poverty | |
| 794. |
A sales tax is a type of |
| A. | aggressive |
| B. | regressive |
| C. | both A & B |
| D. | None of the above |
| Answer» C. both A & B | |
| 795. |
A pure market economy is sometimes called pure |
| A. | Capitalism |
| B. | Stocking |
| C. | Sharing |
| D. | Socialism |
| Answer» B. Stocking | |
| 796. |
A rise in general level of prices may be caused by |
| A. | an increase in the money supply |
| B. | an increase in the effective demand |
| C. | a decrease in the aggregate level of output |
| D. | All of the above |
| Answer» E. | |
| 797. |
A recurring theme in economics is that people: |
| A. | Can increase resources by limiting their economic wants |
| B. | Have unlimited resources, but limited economic wants |
| C. | Have unlimited economic wants, but limited resources |
| D. | Have limited economic wants and limited resources |
| Answer» D. Have limited economic wants and limited resources | |
| 798. |
A price floor is _____. |
| A. | a maximum legal price |
| B. | a minimum legal price |
| C. | the price where demand equals supply |
| D. | the price where elasticity of demand equals elasticity of supply |
| Answer» C. the price where demand equals supply | |
| 799. |
A motion that seeks to reduce the amount of demand presented by government to Rs. 1/- is known as |
| A. | Disapproval of policy Cut |
| B. | Token cut |
| C. | Economy cut |
| D. | Vote on account |
| Answer» B. Token cut | |
| 800. |
A master plan is devised for |
| A. | Long-range goals |
| B. | Emergencies |
| C. | Short-term goals |
| D. | Investments |
| Answer» B. Emergencies | |