MCQOPTIONS
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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.
| 151. |
Which of the following represents a positive economic statement? |
| A. | The government should extend unemployment benefits. |
| B. | The unemployment rate is too high. |
| C. | Taxes should not be increased since that will lower spending. |
| D. | The unemployment rate is 4.8 percent. |
| Answer» E. | |
| 152. |
Which of the following programmes was launched in 2005-06 for creating infrastucture and basic amenities in rural parts of our Country |
| A. | Janani Surksha Yojana |
| B. | Sarva Siksha Abhiyan |
| C. | Swarnajayanti Shahari Rozagar Yojana |
| D. | Bharat Nirman Programme |
| Answer» E. | |
| 153. |
Which of the following rate is charged by banks to their most credit worthy customers? |
| A. | Prime Lending Rate |
| B. | Statutory Liquidity Rate |
| C. | Bank Rate |
| D. | Repo Rate |
| Answer» B. Statutory Liquidity Rate | |
| 154. |
Which of the following is the scheme for which entire premium of the assured person is paid by the Central Government |
| A. | Jawahar Bhima Yojana |
| B. | Shiksha Sahyog Yojana |
| C. | Swarnajayanti Shahari Rozagar Yojana |
| D. | None of these |
| Answer» C. Swarnajayanti Shahari Rozagar Yojana | |
| 155. |
Which of the following produces maximum crude petroleum in India at present |
| A. | Assam |
| B. | Gujarat |
| C. | Off shore Bombay High |
| D. | Coastal Tamil Nadu |
| Answer» D. Coastal Tamil Nadu | |
| 156. |
Which of the following programme is launched to develop basic infrastucture in the country |
| A. | Bharat Nirman Programme |
| B. | Technical Mission |
| C. | Special Economic Zones |
| D. | None of these |
| Answer» B. Technical Mission | |
| 157. |
Which of the following measures will not increase a nation's wealth? |
| A. | investing in new companies |
| B. | increasing efficiency of factories |
| C. | converting grasslands into orchards |
| D. | By redistributing taxes as subsidies |
| Answer» E. | |
| 158. |
Which of the following is the correct description of the term sex-ratio as used in the context of the census of population? |
| A. | Number of males per 1000 females. |
| B. | Number of females per 1000 males. |
| C. | Number of females per 100 males. |
| D. | Number of females in a sample of 1000 persons. |
| Answer» C. Number of females per 100 males. | |
| 159. |
Which of the following is represented by 'Lorenz Curve'? |
| A. | Employment |
| B. | Inflation |
| C. | Deflation |
| D. | Income Distribution |
| Answer» E. | |
| 160. |
Which of the following is not true regard to Goods and Services Tax (GST) ? |
| A. | It will replace luxury tax |
| B. | It is a direct tax |
| C. | It will replace multiple taxes on a product or service |
| D. | It is an indirect tax |
| Answer» C. It will replace multiple taxes on a product or service | |
| 161. |
Which of the following is not true about a Demand Draft? |
| A. | It is a negotiable instrument. |
| B. | It is a banker's cheque. |
| C. | It may be dishonoured for lack of funds. |
| D. | It is issued by a bank. |
| Answer» D. It is issued by a bank. | |
| 162. |
Which of the following is NOT one of the core areas identified under the Bharat Nirman Programme |
| A. | Irrigation |
| B. | Rural Electrification |
| C. | Rural Housing |
| D. | Computer Education in schools |
| Answer» E. | |
| 163. |
Which of the following is NOT included in general methodology while assessing the national income? |
| A. | Pension |
| B. | Investment Expenditure |
| C. | Value added |
| D. | Consumption Expenditure |
| Answer» B. Investment Expenditure | |
| 164. |
Which of the following is not an assumption of perfect competition? |
| A. | There are many buyers and sellers |
| B. | Average total costs continually decrease. |
| C. | The good sold by all sellers in the market is assumed to be homogeneous. |
| D. | Buyers and sellers in the market are assumed to have perfect information. |
| Answer» C. The good sold by all sellers in the market is assumed to be homogeneous. | |
| 165. |
Which of the following is NOT a social development scheme launched by the Government of India |
| A. | Indira Awas Yojana |
| B. | Kutir Jyoti |
| C. | LookEast Policy |
| D. | Operation Black Board |
| Answer» D. Operation Black Board | |
| 166. |
Which of the following is not a prime cost? |
| A. | Supervisor's wages |
| B. | Assembly line wages |
| C. | Machine operators wages |
| D. | Direct labor wages |
| Answer» B. Assembly line wages | |
| 167. |
Which of the following is not a Fixed Cost? |
| A. | Insurance |
| B. | Salaries |
| C. | Depreciation |
| D. | Direct Materials |
| Answer» E. | |
| 168. |
Which of the following is NOT a measure of Human Development Index?_x005F_x000D_ |
| A. | Life expectancy |
| B. | Sex ratio |
| C. | Literacy rate |
| D. | Gross enrolment |
| Answer» C. Literacy rate | |
| 169. |
Which of the following is NOT a component of M-2?_x005F_x000D_ |
| A. | small time deposits |
| B. | money market mutual funds |
| C. | stocks |
| D. | checkable deposits |
| Answer» D. checkable deposits | |
| 170. |
Which of the following is most urbanised State of India |
| A. | Maharashtra |
| B. | Mizoram |
| C. | Goa |
| D. | Tamil Nadu |
| Answer» D. Tamil Nadu | |
| 171. |
Which of the following is done at a Stock Exchange ? |
| A. | Commodities are bought and sold at wholesale price |
| B. | Commodities are bought and sold at retail price |
| C. | Securities are bought and sold |
| D. | None of these |
| Answer» D. None of these | |
| 172. |
Which of the following is definitelyy a major indication of the state of the economy of the country |
| A. | rate of GDP growth |
| B. | rate of inflation |
| C. | number of banks in a country |
| D. | stock of food grains in a country |
| Answer» B. rate of inflation | |
| 173. |
Which of the following is correctly matched with regard of thermal power projects |
| A. | Korba - Uttar Pradesh |
| B. | Ramagundam - Tamil Nadu |
| C. | Talchar - Andhra Pradesh |
| D. | Kawas - Gujarat |
| Answer» E. | |
| 174. |
Which of the following is classified as working capital? |
| A. | currents assets |
| B. | current liabilities |
| C. | Both A & B |
| D. | current assets - current liabities |
| Answer» E. | |
| 175. |
Which of the following is considered a "diversified" investment? |
| A. | Index Fund |
| B. | Mutual Fund |
| C. | Both of these |
| D. | Neither of these |
| Answer» D. Neither of these | |
| 176. |
Which of the following is / are fund managers for National Pension System (NPS) in 2017 ? |
| A. | Axis provident fund |
| B. | Yes bank pension fund |
| C. | ICICI prudential pension |
| D. | Punjab National provident fund |
| Answer» D. Punjab National provident fund | |
| 177. |
Which of the following is called GDP Deflator? |
| A. | Ratio of nominal to real GDP |
| B. | Ratio of nominal to real GNP |
| C. | Ratio of nominal to real CPI |
| D. | Ratio of real to nominal GNP |
| Answer» B. Ratio of nominal to real GNP | |
| 178. |
Which of the following is a risk taken by entrepreneurs in small business? |
| A. | Interference with personal lives |
| B. | Psychological stress |
| C. | Social and family pressure |
| D. | All of the above |
| Answer» E. | |
| 179. |
Which of the following is a tertiary activity? |
| A. | Farming |
| B. | Manufacturing |
| C. | Dairying |
| D. | Trading |
| Answer» E. | |
| 180. |
Which of the following is a programme under which electric connection is given to people  below poverty line |
| A. | MPLADS |
| B. | Kutir Jyoti |
| C. | Ganga Kalyan Yojana |
| D. | Sangam Yojana |
| Answer» C. Ganga Kalyan Yojana | |
| 181. |
Which of the following is a microeconomic statement? |
| A. | The price of personal computers declined last year. |
| B. | Unemployment was 6.8 percent of the labor force last year. |
| C. | The real domestic output increased by 2.5 percent last year. |
| D. | The general price level increased by 4 percent last year. |
| Answer» B. Unemployment was 6.8 percent of the labor force last year. | |
| 182. |
Which of the following is a project to develop watersheds in India |
| A. | DRDO |
| B. | CARE |
| C. | AVARD |
| D. | NWDPRA |
| Answer» E. | |
| 183. |
Which of the following is a characteristic of the monopolistic competition?_x005F_x000D_ |
| A. | A large number of firms compete |
| B. | Each firm produces a differentiated product |
| C. | Both answers A and B are correct |
| D. | Barriers to entry |
| Answer» D. Barriers to entry | |
| 184. |
Which of the following indexes is developed to measure life expectancy, level of literacy, education and standard of living of people in a country? |
| A. | Inflation |
| B. | Sensex |
| C. | SLR |
| D. | Human Development Index (HDI) |
| Answer» E. | |
| 185. |
Which of the following increases labor productivity? |
| A. | an increase in the aggregate hours of work |
| B. | decreases in the availability of computers and factory buildings |
| C. | inventories of new machinery, equipment, or software |
| D. | a decline in the health of the population |
| Answer» D. a decline in the health of the population | |
| 186. |
Which of the following equation is/are INCORRECT?_x005F_x000D_ I. NI = NDP + Net Foreign IncomeII. GNP = GDP + Net Foreign IncomeIII. NDP = GNP – Depreciation |
| A. | Only (I) and (II) |
| B. | Only (III) |
| C. | Only (II) and (III) |
| D. | Only (II) |
| Answer» C. Only (II) and (III) | |
| 187. |
Which of the following gulf countries has announced to form new economic and partnership group named 'Joint Cooperation Committee' inDecember 2017? |
| A. | UAE and Saudi Arabia |
| B. | Qatar and UAE |
| C. | Bahrain and Kuwait |
| D. | Oman and Saudi Arabia |
| Answer» B. Qatar and UAE | |
| 188. |
Which of the following e-commerce majors has signed an agreement with NIESBUD for encouraging SMEs to grow profitably online? |
| A. | Amazon |
| B. | Flipkart |
| C. | Snapdeal |
| D. | eBay |
| Answer» B. Flipkart | |
| 189. |
Which of the following do economists consider to be capital? |
| A. | a construction crane |
| B. | a savings account |
| C. | a share of IBM stock |
| D. | a pair of stockings |
| Answer» B. a savings account | |
| 190. |
Which of the following best describes monetary policy? |
| A. | Managing the economy by controlling the money supply |
| B. | Determining the design printed on the national currency |
| C. | Regulating transactions in the currency exchange market |
| D. | Raising and lowering the foreign exchange rate |
| Answer» B. Determining the design printed on the national currency | |
| 191. |
Which of the following brings out the 'Consumer Price Index Number' for Industrial workers? |
| A. | RBI |
| B. | The Labour Bureau |
| C. | Commerce Department |
| D. | NITI Ayog |
| Answer» C. Commerce Department | |
| 192. |
Which of the following CANNOT be called a Debt instrument as referred in financial transactions? |
| A. | Certificate of Deposits |
| B. | Bonds |
| C. | Stocks |
| D. | Commercial Papers |
| Answer» D. Commercial Papers | |
| 193. |
Which of the following best defines free trade? |
| A. | Imports are discouraged |
| B. | There are no restrictions on exports and imports_x005F_x000D_ |
| C. | There are no duties levied on export_x005F_x000D_ |
| D. | Imported goods are made duty free_x005F_x000D_ |
| Answer» C. There are no duties levied on export_x005F_x000D_ | |
| 194. |
Which of the following can increase your credit card's APR? |
| A. | Missing a credit card payment. |
| B. | Paying off the full balance. |
| C. | Cashing in on rewards points. |
| D. | Paying the minimum. |
| Answer» B. Paying off the full balance. | |
| 195. |
Which of following sectors does NOT come under tertiary sector?_x005F_x000D_ |
| A. | Electricity |
| B. | Business Services |
| C. | Transport |
| D. | Trade |
| Answer» B. Business Services | |
| 196. |
Which of the following best defines disposable income? |
| A. | income received by households less personal taxes |
| B. | the before-tax income received by households |
| C. | all income earned by resource suppliers for their current contributions to production |
| D. | the market value of the annual output net of consumption of fixed capital |
| Answer» B. the before-tax income received by households | |
| 197. |
Which of following is true if the Government monetized part of its deficit? |
| A. | Money supply in the economy will increase. |
| B. | Interest rate will increase. |
| C. | Government revenue will decrease. |
| D. | Government expenditure will increase. |
| Answer» B. Interest rate will increase. | |
| 198. |
Which of the following Article of Indian Constitution deals with the Right to Equality before Law? |
| A. | Article  13 |
| B. | Article  14 |
| C. | Article  15 |
| D. | Article  17 |
| Answer» C. Article  15 | |
| 199. |
Which one of the following indices is now used by the Reserve Bank of India to measure the rate of inflation in India? |
| A. | NASDAQ Index |
| B. | BSE Index |
| C. | Consumer Price Index |
| D. | Wholesale Price Index |
| Answer» D. Wholesale Price Index | |
| 200. |
Which ministry has started the exercise to revise base year to 2017 - 2018 for computation of wholesale inflation? |
| A. | Ministry of Commerce and Industry |
| B. | Ministry of Finance |
| C. | Ministry of Corporate Affairs |
| D. | All the above |
| Answer» B. Ministry of Finance | |