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.
| 201. |
Which level does macroeconomics focus on? |
| A. | Government |
| B. | Business |
| C. | Personal |
| D. | None |
| Answer» B. Business | |
| 202. |
Which  one  of  the  following  is  not  a component of Revenue Receipts of the Union Government? |
| A. | Corporate tax receipts |
| B. | Dividends and profits |
| C. | Disinvestment receipts |
| D. | Interest receipts |
| Answer» D. Interest receipts | |
| 203. |
Which of the following statements about Bitcoin is/are correct?_x005F_x000D_ 1.It is a decentralized virtual currency._x005F_x000D_ 2.It  is  generated  through  complex computer software systems._x005F_x000D_ 3.The Reserve Bank of India recognized it as a legal tender in January 2016._x005F_x000D_ Select the correct answer using the code given below. |
| A. | 1 only |
| B. | 1 and 2 only |
| C. | 2 and 3 only |
| D. | 1, 2 and 3 |
| Answer» C. 2 and 3 only | |
| 204. |
Which is the parameter for the economic development ? |
| A. | Per capita monetary income |
| B. | National income |
| C. | Per capita rural income |
| D. | Population |
| Answer» B. National income | |
| 205. |
Which is the most important factor that determines whether advertising by manufacturing sector will lead to higher sales? |
| A. | Demand is elastic |
| B. | Demand is inelastic |
| C. | The product can be differentiated |
| D. | The product can be homogenous. |
| Answer» D. The product can be homogenous. | |
| 206. |
Which is the highest form of unemployment in India? |
| A. | seasonal |
| B. | structural |
| C. | cyclical |
| D. | casual |
| Answer» C. cyclical | |
| 207. |
Which law states that bad money drives good money out of circulation? |
| A. | Wagner's law |
| B. | Grimm's law |
| C. | Gresham's law |
| D. | Keynes' law |
| Answer» D. Keynes' law | |
| 208. |
Which is the first payment bank in India? |
| A. | Fino Payments Bank |
| B. | Airtel Payments Bank |
| C. | Aditya Birla Payments Bank |
| D. | Paytm Payments Bank |
| Answer» C. Aditya Birla Payments Bank | |
| 209. |
Which is the fastest running train on Indian railway |
| A. | Mumbai - Goa super fast Express |
| B. | New Delhi - Lucknow Shatabdi Express |
| C. | New Delhi -Chandigarh Shatabdi Express |
| D. | New Delhi - Mumbai Rajdhani Express |
| Answer» E. | |
| 210. |
Which is the first Indian state to ratify the GST Constitution Amendment Bill, recently passed by the Parliament of India? |
| A. | West Bengal |
| B. | Meghalaya |
| C. | Assam |
| D. | Arunachal Pradesh |
| Answer» D. Arunachal Pradesh | |
| 211. |
Which is not include in the private income arising in a country |
| A. | Factor income from net domestic product |
| B. | Net factor income from abroad |
| C. | Current transfers from Government |
| D. | Current Payment on foreign loans |
| Answer» E. | |
| 212. |
Which is the form of market where there is lack of competition? |
| A. | Monopoly |
| B. | Oligopoly |
| C. | Perfect competition |
| D. | Marketisation |
| Answer» B. Oligopoly | |
| 213. |
Which Indian stock exchange is planning to launch its own Initial Public Offering (IPO)? |
| A. | Saurashtra Kutch Stock Exchange (SKSE) |
| B. | National Stock Exchange (NSE) |
| C. | Cochin Stock Exchange (CoSE) |
| D. | Bombay Stock Exchange (BSE) |
| Answer» C. Cochin Stock Exchange (CoSE) | |
| 214. |
Which from the following towns is NOT on the Golden Quadrilateral being created for the roads infrastructure of the country |
| A. | Ajmer |
| B. | Ahmedabad |
| C. | Jabalpur |
| D. | Gaya |
| Answer» D. Gaya | |
| 215. |
Which Five Year Plan had an objective of ‘Rapid industrialization with particular emphasis on development of basic and heavy industries'?_x005F_x000D_ |
| A. | First |
| B. | Second |
| C. | Third |
| D. | Fourth |
| Answer» C. Third | |
| 216. |
Which formula correctly describes productivity? |
| A. | Output/Input |
| B. | (Output - Input)/Output |
| C. | Input/Output |
| D. | (Input - Output)/Input |
| Answer» B. (Output - Input)/Output | |
| 217. |
Which Indian state topped the 2017 Public Affairs Index (PAI) in governance?_x005F_x000D_ |
| A. | Kerala |
| B. | Tamil Nadu |
| C. | Maharashtra |
| D. | Karnataka |
| Answer» B. Tamil Nadu | |
| 218. |
Which expert committee has been constituted by Reserve Bank of India to look into the issues relating to classification of bad loans, effectiveness of audits and rising incidents of frauds?_x005F_x000D_ |
| A. | Vinay Sheel Oberoi Committee |
| B. | N. Gopalaswami Committee |
| C. | Y. H. Malegam Committee |
| D. | N. Chandrashekhar Committee |
| Answer» D. N. Chandrashekhar Committee | |
| 219. |
Which country has recently become fifth largest military spender  ? |
| A. | India |
| B. | Japan |
| C. | China |
| D. | Russia |
| Answer» B. Japan | |
| 220. |
Which country was ranked the world's richest in terms of per capita GDP of countries as per latest data released by the International Monetary Fund(IMF) on November 18, 2017?_x005F_x000D_ |
| A. | UAE |
| B. | Qatar |
| C. | Saudi Arabia |
| D. | Kuwait |
| Answer» C. Saudi Arabia | |
| 221. |
Which curve shows the inverse relationship between unemployment and inflation rates |
| A. | Supply curve |
| B. | Indifference curve |
| C. | IS curve |
| D. | Phillips curve |
| Answer» E. | |
| 222. |
Which country has replaced China as the top retail destination in 2017 Global retail development index ? |
| A. | Russia |
| B. | India |
| C. | Japan |
| D. | USA |
| Answer» C. Japan | |
| 223. |
Which company recently became the 1st Indian company to hit the 10 lakh Crore Market valuations_x005F_x000D_ |
| A. | Reliance_x005F_x000D_ |
| B. | BSNL_x005F_x000D_ |
| C. | Jio_x005F_x000D_ |
| D. | Airtel |
| Answer» B. BSNL_x005F_x000D_ | |
| 224. |
Which Bank has launched 'Project Nishchay' in partnership with The Boston Consulting Group (BCG) ? |
| A. | SBI |
| B. | Dena Bank |
| C. | IDBI Bank |
| D. | Yes Bank |
| Answer» D. Yes Bank | |
| 225. |
Which company has overtaken Oil and Natural Gas Corp (ONGC) to become India’s most profitable state-owned company  ? |
| A. | Indian Oil Corporation |
| B. | SAIL |
| C. | Hindustan Petroleum |
| D. | GAIL |
| Answer» B. SAIL | |
| 226. |
Which answer figure will complete the pattern? |
| A. | X |
| B. | W |
| C. | V |
| D. | U |
| Answer» E. | |
| 227. |
Which amongst the following is not a component of monetary policy in India? |
| A. | Repo rate |
| B. | Moral suasion |
| C. | Credit Rationing |
| D. | Public Debt |
| Answer» E. | |
| 228. |
Which among the following is not an instrument of fiscal policy? |
| A. | Taxation |
| B. | Public expenditure |
| C. | Public debt |
| D. | Credit Rationing |
| Answer» E. | |
| 229. |
Which among the following is the difference in valuebetween a countrys imports and exports? |
| A. | Balance of Trade |
| B. | Balance of Payment |
| C. | Balance of power |
| D. | Credit Balance |
| Answer» B. Balance of Payment | |
| 230. |
Which among the following is the exclusive jurisdiction of the State Government ? |
| A. | Sales Tax |
| B. | Custom Duty |
| C. | Income Tax |
| D. | Corporation Tax |
| Answer» B. Custom Duty | |
| 231. |
Which among the following is not an account under Balance of Payment? |
| A. | Current Account |
| B. | Capital Account |
| C. | Official Reserves Account |
| D. | Unilateral Payments Account |
| Answer» D. Unilateral Payments Account | |
| 232. |
Which among the following sponsors Regional Rural Banks (RRB'S)? |
| A. | Reserve Bank of India |
| B. | Foreign Banks |
| C. | National Commercial Banks |
| D. | Co-Operative Banks |
| Answer» D. Co-Operative Banks | |
| 233. |
Which among the following is NOT a function of RBI? |
| A. | Serve as debt manager to other banks |
| B. | To work as monetary authority and implement its Monetary Policy |
| C. | Serve as banker to central and state governments |
| D. | To serve as issuer of bank notes |
| Answer» B. To work as monetary authority and implement its Monetary Policy | |
| 234. |
Which among the following is an International river |
| A. | Brahmaputra |
| B. | Cauvery |
| C. | Krishna |
| D. | Narmada |
| Answer» B. Cauvery | |
| 235. |
Which among the following is not a direct tax? |
| A. | Income tax |
| B. | Wealth tax |
| C. | Corporate tax |
| D. | None of these |
| Answer» E. | |
| 236. |
Which among the following is an example of micro-economic variable? |
| A. | National Income |
| B. | Aggregate Supply |
| C. | Employment |
| D. | Consumer's Equilibrium |
| Answer» E. | |
| 237. |
Which among the following does not count in the development expenditure of government? |
| A. | Expenditure on economic services |
| B. | Expenditure on social services |
| C. | Grant to states |
| D. | Defence expenditure |
| Answer» E. | |
| 238. |
Which action is an example of domestic policy? |
| A. | The Supreme Court strikes down a law that bans importing inefficient automobiles |
| B. | A governor decides against running for a second term |
| C. | The president negotiates a peace treaty between two warring nations |
| D. | Congress passes a law that grants tax credits for installing solar panels |
| Answer» B. A governor decides against running for a second term | |
| 239. |
Where is the Rail Wheel Factory situated |
| A. | Srirangpattam |
| B. | Gulbarga |
| C. | Hampi |
| D. | Yelahanka |
| Answer» E. | |
| 240. |
Where is the Forest Reserve Institute of India located |
| A. | Bhopal |
| B. | Dehradum |
| C. | Lucknow |
| D. | Delhi |
| Answer» C. Lucknow | |
| 241. |
When was the Jawahar Rojgar Yojana Launched |
| A. | 1985 |
| B. | 1987 |
| C. | 1991 |
| D. | 1989 |
| Answer» E. | |
| 242. |
When was Consumer Protection Act (COPRA) passed? |
| A. | 1984 |
| B. | 1980 |
| C. | 1986 |
| D. | 1995 |
| Answer» D. 1995 | |
| 243. |
When was first train steamed off in India |
| A. | 1848 |
| B. | 1853 |
| C. | 1875 |
| D. | 1880 |
| Answer» C. 1875 | |
| 244. |
When there is only one buyer and one seller of product, it is called _____ situation. |
| A. | Public monopoly |
| B. | Bilateral monopoly |
| C. | Franchised monopoly |
| D. | Monopsony |
| Answer» C. Franchised monopoly | |
| 245. |
When the productive capacity of the economic system of state is inadequate to create sufficient number of jobs, it is called _______ |
| A. | seasonal unemployment |
| B. | structural unemployment_x005F_x000D_ |
| C. | disguised unemployment_x005F_x000D_ |
| D. | cyclical unemployment |
| Answer» E. | |
| 246. |
When the demand for a good increases with an increase in income, such a good is called_______ |
| A. | Superior good |
| B. | Giffin good |
| C. | Inferior good |
| D. | Normal good |
| Answer» B. Giffin good | |
| 247. |
When some goods or productive factors are completely fixed in amount, regardless of price, the supply curve is |
| A. | horizontal |
| B. | downward sloping to the right |
| C. | vertical |
| D. | upward sloping to the right |
| Answer» E. | |
| 248. |
What was the major decision that took place in 1987 Montreal Conference? |
| A. | Developed countries will completely ban CFC production by 2000 |
| B. | Developed countries will completely ban CFC production by 2010 |
| C. | Developing countries will completely ban CFC production by 2000 |
| D. | Developing countries will completely ban CFC production by 2020 |
| Answer» B. Developed countries will completely ban CFC production by 2010 | |
| 249. |
What will you call a system of taxation under which the poorer sections are taxed at higher rates than the richer sections? |
| A. | Progressive tax |
| B. | Proportional tax |
| C. | Regressive tax |
| D. | Degressive tax |
| Answer» D. Degressive tax | |
| 250. |
What was the debt-to-GDP ratio for the Financial Year 2016-17? |
| A. | 0.604 |
| B. | 0.494 |
| C. | 0.504 |
| D. | 0.554 |
| Answer» C. 0.504 | |