MCQOPTIONS
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MCQOPTIONS
This section includes 1769 Mcqs, each offering curated multiple-choice questions to sharpen your Testing Subject knowledge and support exam preparation. Choose a topic below to get started.
| 551. |
Which one of the following Five-Year Plans recognised human development as the coreof all developmental efforts? [IAS 1995] |
| A. | The Third Five-Year Plan |
| B. | The Fifth Five-Year Plan |
| C. | The Sixth Five-Year Plan |
| D. | The Eighth Five-Year Plan |
| Answer» E. | |
| 552. |
Which arrangement of the following would show the correct sequence of demographic transition as typically associated with economic development? 1. high birth rate with high death rate 2. birth rate with low death rate 3. high birth rate with low death rate |
| A. | 1, 2, 3 |
| B. | 1, 3, 2 |
| C. | 3, 1, 2 |
| D. | 2, 1, 3 |
| Answer» C. 3, 1, 2 | |
| 553. |
Unemployment which occurs when workers move from one job to another job is knownas : [IAS 1992] |
| A. | seasonal unemployment |
| B. | frictional unemployment |
| C. | cyclical unemployment |
| D. | technological unemployment |
| Answer» C. cyclical unemployment | |
| 554. |
India's oldest iron and steel plant is : [Intelligence Bureau 1991] |
| A. | TISCO at Jamshedpur |
| B. | TISCO at Burnpur |
| C. | Durgapur Iron and Steel Plant |
| D. | Rourkela Iron and Steel Plant |
| Answer» B. TISCO at Burnpur | |
| 555. |
A budgetary deficit means: |
| A. | total expenditure is more than total revenue |
| B. | current expenditure is more than current revenue |
| C. | capital expenditure is more than capital revenue |
| D. | total expenditure is more than current revenue |
| Answer» B. current expenditure is more than current revenue | |
| 556. |
In which one of the following activities percentage share of cooperative sector is the highest? [Corporation Bank PO 2011] |
| A. | Agricultural Credit disbursement |
| B. | Sugar production |
| C. | Wheat procurement |
| D. | Fertilizer distribution |
| Answer» C. Wheat procurement | |
| 557. |
Who among the following have been the Union Finance Ministers of India? 1. V. P. Singh 2. R. Venkataraman 3. Y. B. Chavan 4. Pranab Mukherjee Select the correct answer using the code given below: [IAS 2007] |
| A. | 1, 2 and 3 only |
| B. | 1, 3 and 4 only |
| C. | 2 and 4 only |
| D. | 1, 2, 3 and 4 |
| Answer» E. | |
| 558. |
The main reason for low growth rate in India, inspite of high rate of savings and capital formation is: [IAS 1995] |
| A. | high birth rate |
| B. | low level of foreign aid |
| C. | low capital/output ratio |
| D. | high capital/output ratio |
| Answer» D. high capital/output ratio | |
| 559. |
The most appropriate measure of a country's economic growth is the: |
| A. | gross domestic product |
| B. | net domestic product |
| C. | net national product |
| D. | per capita real income |
| Answer» E. | |
| 560. |
Which country is the largest debtor of UNO? |
| A. | India |
| B. | Mexico |
| C. | Japan |
| D. | U.S. |
| Answer» E. | |
| 561. |
The tax whose share in overall taxation revenue has gone up rapidly during the planningperiod is : |
| A. | income tax |
| B. | wealth tax |
| C. | capital gains tax |
| D. | tax on production |
| Answer» E. | |
| 562. |
NITI Aayog has framed its initiatives for |
| A. | “25-year Road map”, “5- year vision, strategy and 1-year action plans” |
| B. | “15-year Road map”, “7- year vision, strategy and 3 years action plans” |
| C. | "5-year Road map”, “2- year vision, strategy and 1-year action plans” |
| D. | none |
| Answer» C. "5-year Road map”, “2- year vision, strategy and 1-year action plans” | |
| 563. |
To prevent recurrence of scams in Indian Capital Market, the Government has assignedregulatory powers to: [IAS 1995] |
| A. | RBI |
| B. | SBI |
| C. | SEBI |
| D. | ICICI |
| Answer» D. ICICI | |
| 564. |
'Globalisation of Indian Economy' means: |
| A. | stepping up external borrowings |
| B. | establishing Indian business units abroad |
| C. | having minimum possible restrictions on economic relations with other countries |
| D. | giving up programmes of import substitution |
| Answer» D. giving up programmes of import substitution | |
| 565. |
Which of the following may be termed as long-term objectives of Indian planning? 1. Self-reliance 2. Productive employment generation 3. Growth of 7 per cent per annum 4. Growth in infrastructure |
| A. | 1 and 2 |
| B. | 3 and 4 |
| C. | 1, 2 and 4 |
| D. | 2, 3 and 4 |
| Answer» B. 3 and 4 | |
| 566. |
The highest sector wise contribution to gross domestic saving comes from: |
| A. | private corporate sector |
| B. | household sector |
| C. | public sector |
| D. | cooperative sector |
| Answer» C. public sector | |
| 567. |
The increase in agricultural production is due to: 1. increase in area under crops 2. improvement in yield 3. improvement in cropping pattern 4. effective implementation of land reforms |
| A. | 1 and 3 |
| B. | 1 and |
| C. | 1, 2 and 3 |
| D. | 1, 2, 3 and 4 |
| Answer» D. 1, 2, 3 and 4 | |
| 568. |
Which of the following is at the apex of Industrial Finance in India? [UDC 1995] |
| A. | Industrial Finance Corporation |
| B. | Reserve Bank of India |
| C. | Industrial Development Bank of India |
| D. | Industrial Credit and Investment Corporation of India |
| Answer» D. Industrial Credit and Investment Corporation of India | |
| 569. |
Which statement is correct for Indian Planning Commission? |
| A. | It is not defined in Indian Constitution |
| B. | Members and Vice-Chairman of it do not have fixed working duration |
| C. | Members do not require any minimum education |
| D. | All of the these |
| Answer» E. | |
| 570. |
Consider the following statements: [NDA 2003] 1. The first newsprint plant set up in India was at Nepanagar. 2. The first modern steel plant in India was set up at Bhadrawati. Which of these statements is/are correct? |
| A. | 1 only |
| B. | 2 only |
| C. | Both 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» B. 2 only | |
| 571. |
As per Ministry of Statistics & Program Implementation, what is the contribution of Primary sector to the GDP of India in the year 2018-19- |
| A. | 50.1 % |
| B. | 15.87% |
| C. | 29.73% |
| D. | none |
| Answer» C. 29.73% | |
| 572. |
Which of the following industries was started first in India? |
| A. | Cotton |
| B. | Paper |
| C. | Tea |
| D. | Jute |
| Answer» D. Jute | |
| 573. |
In which five-year plan India opted for a mixed economy? |
| A. | First |
| B. | Second |
| C. | Third |
| D. | Fourth |
| Answer» E. | |
| 574. |
Among the remedies of inflation we cannot include: |
| A. | better capacity utilisation |
| B. | lowering bank rate |
| C. | reducing budgetary deficit |
| D. | an efficient public distribution system |
| Answer» C. reducing budgetary deficit | |
| 575. |
Per capita incomeWhich of the above is/are the parameters for the measurement of Human Development Index by UNDP? [CDS 2005] |
| A. | 1, 2 and 4 |
| B. | 1 and 3 |
| C. | 4 only |
| D. | 1, 2, 3 and 4 |
| Answer» E. | |
| 576. |
Which is the primary objective of economic planning in India |
| A. | Reducing Inequalities of |
| B. | Abolition of poverty |
| C. | Growth with social justice |
| D. | Removing unemployment |
| Answer» D. Removing unemployment | |
| 577. |
Which of the following was formed to suggest means for eradicating black money? [I. Tax 1992] |
| A. | Finance Commission |
| B. | Sarkaria Commission |
| C. | Shah Commission |
| D. | Chelliah Committee |
| Answer» E. | |
| 578. |
Which of the following features indicate that Indian economy is of the developingcategory? I. Occupation mainly agricultural II. Chronic unemployment III. Poor quality of human capital IV. Low per capita intake of proteins |
| A. | I, II and III |
| B. | I and IV |
| C. | II and III |
| D. | I, II, III and IV |
| Answer» E. | |
| 579. |
Fresh evalution of every item of expenditure from the very beginning of each financial year is called: [SBI PO 1991] |
| A. | fresh Budgeting |
| B. | deficit Budgeting |
| C. | performance Budgeting |
| D. | zero-based Budgeting |
| Answer» E. | |
| 580. |
The annual financial statement shows the receipts and payments of the government under the 3 parts in which government accounts are kept in : 1. Consolidated Fund 2. Contingency Fund 3. Public Account Which of the following items are covered under the Public Account? |
| A. | All revenue received by the government |
| B. | Loans raised by the government |
| C. | Funds placed at the disposal of the President |
| D. | Transactions relating to provident fund, small savings, etc. |
| Answer» E. | |
| 581. |
Who is responsible for the collection and publication of monetary and financial information? |
| A. | Finance Commission |
| B. | Finance Ministry |
| C. | Reserve Bank of India |
| D. | Auditor and Comptroller General of India |
| Answer» D. Auditor and Comptroller General of India | |
| 582. |
Debenture holders of a company are its: |
| A. | shareholders |
| B. | creditors |
| C. | debtors |
| D. | directors |
| Answer» C. debtors | |
| 583. |
Which among the following is the regulatory authority for giving clearance for External Commercial borrowing? |
| A. | Foreign Investment Promotion Board |
| B. | RBI |
| C. | SEBI |
| D. | Foreign Investment Promotion Council |
| Answer» C. SEBI | |
| 584. |
In some parts of India, farmers face acute distress because of heavy burden of debt from non-institutional renders. Who can be called a non-institutional lender? [RBI Grade B Officer 2011] |
| A. | Small Banks |
| B. | Grameen Banks |
| C. | Credit Cooperative Societies |
| D. | Money Lenders |
| Answer» E. | |
| 585. |
National Development Council is consists of: |
| A. | Members of the Planning Commission |
| B. | Governors of the states |
| C. | Chief Ministers of the states |
| D. | A & C |
| Answer» E. | |
| 586. |
India is self-sufficient in production of which of the following commodities? [RBI Grade B Officer 2011] |
| A. | Edible oil |
| B. | Milk |
| C. | Pulses |
| D. | Natural gas |
| Answer» C. Pulses | |
| 587. |
'Balanced Growth' means: |
| A. | growth which brings about a balance between the rich and the poor |
| B. | growth which brings about a balance between the public and private sectors |
| C. | growth which brings about a balance between the traditional and modern sector |
| D. | growth pattern on which simultaneous investments are made in all the sectors of the economy, viz., Agriculture, Industry, Transport, Communication, etc. |
| Answer» E. | |
| 588. |
As per latest data in urban areas women employment is highest in which of the following industries areas? [UBI PO 2010] |
| A. | Private households |
| B. | Textiles |
| C. | Apparel |
| D. | Retail Trade |
| Answer» E. | |
| 589. |
Minimum inflation in post economic reform was in : |
| A. | 1999-2000 |
| B. | 2000-01 |
| C. | 2001-02 |
| D. | 2002-03 |
| Answer» B. 2000-01 | |
| 590. |
On account of some national emergency or in order to carry out some secret mission, the government sometimes requires funds but may not give the details of the expenditure estimates. The House grants some lumpsum for this called : |
| A. | emergency budget |
| B. | vote of Credit |
| C. | contingency bill |
| D. | supplementary budget |
| Answer» C. contingency bill | |
| 591. |
The headquarters of OPEC (Organisation of Petroleum Countries) is at : |
| A. | Vienna |
| B. | Kuwait City |
| C. | Algeria |
| D. | Tehran |
| Answer» D. Tehran | |
| 592. |
One of the following leads to underestimation of national income in India: 1. Inflation 2. Devaluation 3. Non-Monetary consumption 4. Large unorganized sector Choose correct answer from: |
| A. | 1, 2, 3 and 4 |
| B. | 1, 3 and 4 |
| C. | 3 and 4 |
| D. | 2, 3 and 4 |
| Answer» D. 2, 3 and 4 | |
| 593. |
The Regional Councils of NITI Aayog include |
| A. | Chief Minister of particular state |
| B. | Central Ministers & Secretaries of the sector |
| C. | domain experts of the sector |
| D. | All the three |
| Answer» E. | |
| 594. |
Which of the following mints undertakes refining of gold for licensed gold dealers and production of medals for defence services? |
| A. | The Hyderabad Mint |
| B. | The Mumbai Mint |
| C. | The Kolkata Mint |
| D. | None of the above |
| Answer» C. The Kolkata Mint | |
| 595. |
'The strategy of Rolling plan was adopted during the Prime Ministership of: [Railways 1994] |
| A. | Lal Bahadur Shastri |
| B. | Indira Gandhi |
| C. | Morarji Desai |
| D. | Rajiv Gandhi |
| Answer» D. Rajiv Gandhi | |
| 596. |
The basic attribute of a formal organization is : [CPO AC 2003] |
| A. | esteem and prestige |
| B. | roles and duties |
| C. | dominance and supremacy |
| D. | rules and regulations |
| Answer» E. | |
| 597. |
Convertibility of the rupee implies: [IAS 1994] |
| A. | being able to convert rupee notes into gold |
| B. | freely permitting the conversion of rupee to other major currencies and vice versa |
| C. | allowing the value of the rupee to be fixed by market forces |
| D. | developing an international market for currencies in India |
| Answer» C. allowing the value of the rupee to be fixed by market forces | |
| 598. |
With reference to BRIC countries, consider the following statements: 1. At present, China's GDP is more than the combined GDP of all the three other countries. 2. China's population is more than the combined population of any two other countries. Which of the statements given above is/are correct? [IAS 2010] |
| A. | 1 only |
| B. | 2 only |
| C. | Both 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» B. 2 only | |
| 599. |
Mashelkar Committee was constituted to report on : |
| A. | economic policy |
| B. | constitutional changes |
| C. | black money |
| D. | auto fuel policy |
| Answer» E. | |
| 600. |
The effect of inflation on tax revenue results in a situation known as : |
| A. | stagflation |
| B. | fiscaldrag |
| C. | reflation |
| D. | disinflation |
| Answer» C. reflation | |