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.
| 701. |
What was the main theme of the 12th five-year plan of India |
| A. | Faster and more inclusive growth |
| B. | Faster, more inclusive and sustainable growth |
| C. | Growth with justice and equity |
| D. | Sustainable Development. |
| Answer» C. Growth with justice and equity | |
| 702. |
Indicator of HDI is: |
| A. | Longevity |
| B. | Educational Attainment |
| C. | Standard of Living |
| D. | All of the above |
| Answer» E. | |
| 703. |
In which one of the following countries, the rate of Income Tax is highest? [Punjab & Sindh Bank 2011] |
| A. | US |
| B. | China |
| C. | Japan |
| D. | UK |
| Answer» D. UK | |
| 704. |
Which of the following schemes launched by the Govt. of India aims at enhancing the livelihood security of the people in rural areas by guaranteeing hundred days of employment in a financial year to a rural household whose adult members volunteer to do unskilled manual work? [RBI Grade B Officer 2011] |
| A. | TRYSEM |
| B. | Pradhan Mantri Gram Sadak Yojana |
| C. | Kutir Jyoti Scheme |
| D. | MNREGA |
| Answer» E. | |
| 705. |
Consider the following statements:In India, stamp duties on financial transactions are: 1. levied and collected by the State Government 2. appropriated by the Union Government Which of the statements is/are correct? |
| A. | Only 1 |
| B. | Only 2 |
| C. | Both 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» E. | |
| 706. |
Which of the following authority sanctions foreign exchange for the import of goods?[UP PCS 2011] |
| A. | Any Nationalised Bank |
| B. | Exchange Bank |
| C. | Reserve Bank of India |
| D. | Ministry of Finance |
| Answer» D. Ministry of Finance | |
| 707. |
For internal financing of Five Year Plans, the government depends on: [NDA 1991] |
| A. | taxation only |
| B. | taxation and public borrowing |
| C. | public borrowing and deficit financing |
| D. | taxation, public borrowing and deficit financing |
| Answer» B. taxation and public borrowing | |
| 708. |
Which of the following industries is not a heavy industriy. |
| A. | Cotton textile |
| B. | Cement |
| C. | Iron and Steel |
| D. | Ship building |
| Answer» B. Cement | |
| 709. |
The biggest Public Sector undertaking in the country is ____ [Corporation Bank PO 2011] |
| A. | Iron & steel plants |
| B. | Roadways |
| C. | Railways |
| D. | Airways |
| Answer» D. Airways | |
| 710. |
Which of the following could be said to have prevented the 'trickle down' effects inIndian economy? 1. Increased dependence of agriculture on purchased inputs and privately managed irrigation 2. More employment of labour by larger landholding farmers 3. Lowered participation of women in agricultural workforce due to new technology 4. The failure of the Green Revolution |
| A. | 1 and 2 |
| B. | 2 and 3 |
| C. | 1 and 3 |
| D. | 2 and 4 |
| Answer» D. 2 and 4 | |
| 711. |
The situation with increasing unemployment and inflation is termed as: [CPO AC 2003] |
| A. | hyperinflation |
| B. | galloping inflation |
| C. | stagflation |
| D. | reflation |
| Answer» D. reflation | |
| 712. |
To know whether the rich are getting richer and the poor getting poorer, it is necessaryto compare; [IAS 1994] |
| A. | the availability of foodgrains among two sets of people, one rich and the other poor, over different periods of time |
| B. | the distribution of income of an identical set of income recipients in different periods of time |
| C. | the wholesale price index over different periods of time for different regions |
| D. | the distribution of income of different sets of income recipients at a point of time |
| Answer» C. the wholesale price index over different periods of time for different regions | |
| 713. |
Many times we see in financial journals/bulletins a term M3. What is M3? [RBI GradeB Officer 2011] |
| A. | Currency in circulation on a particular day |
| B. | Total value of foreign exchange on a particular day |
| C. | Total value of export credit on a given date |
| D. | None of these |
| Answer» E. | |
| 714. |
Which country is the largest consumer of sugar in the world? |
| A. | USA |
| B. | CHINA |
| C. | JAPAN |
| D. | INDIA |
| Answer» B. CHINA | |
| 715. |
Whenever newspapers talk about the performance of core industries, which of the following is NOT considered among them? [Bank of India PO 2010] |
| A. | Petroleum |
| B. | Automobile |
| C. | Mining |
| D. | Steel |
| Answer» D. Steel | |
| 716. |
The South Asian Free Trade Agreement (SAFTA) was introduced with a view of levying how much customs duty for trading any product within the SAARC zone? [RBI Grade B Officer 2011] |
| A. | 5% |
| B. | 4% |
| C. | 2% |
| D. | No customs duty |
| Answer» E. | |
| 717. |
Which amidst the following rural banks has been named after a river? [NDA 2002] |
| A. | Prathama Bank |
| B. | Varada Grameen Bank |
| C. | Thar Anchalik Grameen Bank |
| D. | Aravali Kshetriya Grameen Bank |
| Answer» C. Thar Anchalik Grameen Bank | |
| 718. |
One-rupee currency notes bear the signature of: |
| A. | Prime Minister of India |
| B. | President of India |
| C. | Finance Minister of India |
| D. | Finance Secretary of India |
| Answer» E. | |
| 719. |
In India, the tax proceeds of which one of the following as a percentage of gross taxrevenue has significantly declined in the last five years? [IAS 2010] |
| A. | Service tax |
| B. | Personal income tax |
| C. | Excise duty |
| D. | Corporation tax |
| Answer» D. Corporation tax | |
| 720. |
Which of the following is not true about 'vote-on-account'? [Bank PO 1991] |
| A. | It is a budget presented in the Parliament to cover the deficit left by the last budget |
| B. | It does not allow the Government to set for the economic policies of the new plan which starts from April 1 |
| C. | It prevents the Government from imposing fresh taxes or withdrawing old one |
| D. | This allows the Government to withdraw an amount for a period with the consent of Parliament |
| Answer» B. It does not allow the Government to set for the economic policies of the new plan which starts from April 1 | |
| 721. |
The National Development Council gets its administrative support from: |
| A. | Planning Commission |
| B. | Finance Commission |
| C. | Administrative Reforms Commission |
| D. | Sarkaria Commission |
| Answer» B. Finance Commission | |
| 722. |
National Income total reveals: 1. Production side of the economy 2. Distribution side of the economy 3. Expenditure side of the economy Choose your answer from |
| A. | 1 only |
| B. | 2 only |
| C. | 1, 2 and 3 |
| D. | 3 only |
| Answer» C. 1, 2 and 3 | |
| 723. |
Which of the following provides the largest part of the demand for loanable funds inIndia? |
| A. | Farmers |
| B. | Private-house purchasers |
| C. | Corporate businesses |
| D. | Hire-purchase borrowers |
| Answer» D. Hire-purchase borrowers | |
| 724. |
Which are the economic consequences of problem of poverty? |
| A. | increasing Unemployment |
| B. | Capital Deficiency |
| C. | Inadequate economic development |
| D. | All of the above |
| Answer» E. | |
| 725. |
To get the Net National Product, what is deducted from the Gross National Product: |
| A. | Direct Taxes |
| B. | Imports |
| C. | Interim payments |
| D. | Depreciation |
| Answer» E. | |
| 726. |
'Repo rate' is the rate at which: [CDS 2004] |
| A. | the Reserve Bank of India lends to State Government |
| B. | the international aid agencies lend to Reserve Bank of India |
| C. | the Reserve Bank of India lends to banks |
| D. | the banks lend to Reserve Bank of India |
| Answer» E. | |
| 727. |
Amongst the currency quotes USD/JPY, USD/Euro and USD/CAD, which one of thefollowing is referred as the base currency for quotes? [Punjab & Sindh Bank 2011] |
| A. | US $ |
| B. | JPY |
| C. | Euro |
| D. | CAD |
| Answer» B. JPY | |
| 728. |
Word Bull and Big are associated with which branch of commercial activity? [UP PCS 2002] |
| A. | Foreign Trade |
| B. | Banking |
| C. | Share Market |
| D. | Manufacturing |
| Answer» D. Manufacturing | |
| 729. |
In which year was 'Rajiv Gandlii Grameen Vidyutikaran Yojana' launched? [Asstt Comm 2008] |
| A. | 2004 |
| B. | 2005 |
| C. | 2006 |
| D. | 2007 |
| Answer» C. 2006 | |
| 730. |
Gross National Product is less than Gross Domestic Product depending upon whether: |
| A. | indirect taxes are more than subsidies |
| B. | depreciation is included or not |
| C. | net factor income from abroad is positive or negative |
| D. | indirect taxes are less than subsides |
| Answer» D. indirect taxes are less than subsides | |
| 731. |
'Liquidity trap' is a situation in which: |
| A. | people want to hold only cash because prices are falling everyday |
| B. | people want to hold only. cash because there is too much of liquidity in the economy |
| C. | the rate of interest is so low that no one wants to hold interest bearing assets and people wants to hold cash |
| D. | there is an excess of foregin exchange reserves in the economy leading to excess of money supply |
| Answer» D. there is an excess of foregin exchange reserves in the economy leading to excess of money supply | |
| 732. |
What do you understand by Bear raid? |
| A. | An attempt to bring down the price of strong short selling |
| B. | Simulataneous buying of shares and debentures in view of getting more values in near future |
| C. | Higher rate of price paid for the particular government share or debentures |
| D. | Any of the above |
| Answer» B. Simulataneous buying of shares and debentures in view of getting more values in near future | |
| 733. |
According to nominal Net State domestic product per capita ----- is the poorest state inIndia. |
| A. | Haryana |
| B. | Bihar |
| C. | Orrisa |
| D. | none |
| Answer» C. Orrisa | |
| 734. |
"Zero Defect Zero Effect" slogan is related to which of the following scheme? |
| A. | Digital India |
| B. | Make in India |
| C. | Startup India |
| D. | Clean India mission |
| Answer» C. Startup India | |
| 735. |
Import substitution implies [Asstt Commdt 2011] |
| A. | importing new items in place of old items of import |
| B. | gradual reduction of imported goods to save foreign exchange |
| C. | increasing domestic supply of goods by imposing import restrictions |
| D. | replacing import items by domestic production of such items |
| Answer» E. | |
| 736. |
Companies pay Corporation Tax on their: [UDC 1993] |
| A. | investment |
| B. | production |
| C. | sales proceeds |
| D. | incomes |
| Answer» E. | |
| 737. |
Consider the following statements with regard to Statutory liquidity Ratio (SLR) : 1. To meet SLR, commercial banks can use cash only. 2. SLR is maintained by the banks with themselves. 3. SLR restricts the banks' leverage in pumping more money into the economy. Which of the statements given above is/are correct? [CDS 2010] |
| A. | 1, 2 and 3 |
| B. | 1 and 3 |
| C. | 2 and 3 |
| D. | 2 only |
| Answer» D. 2 only | |
| 738. |
Excise Duties are taxes on : |
| A. | sale of commodities |
| B. | export of commodities |
| C. | production of commodities |
| D. | import of commodities |
| Answer» D. import of commodities | |
| 739. |
Hard Currency is defined as currency: |
| A. | which can hardly be used for international transactions |
| B. | which is used in times of war |
| C. | which loses its value very fast |
| D. | traded in foreign exchange market for which demand is persistently relative to the supply |
| Answer» E. | |
| 740. |
Consider the following statements: 1. life Insurance Corporation of India is the oldest insurance company in India. 2. National Insurance Company limited was nationalized in the year 1972 and made a subsidiary of General Insurance Corporation of India. 3. Headquarters of United India Insurance Company limited are located at Chennai. Which of the statements given above are correct? [lAS2006) |
| A. | 1, 2 and 3 |
| B. | 1 and 2, only |
| C. | 2 and 3, only |
| D. | 1 and 3, only |
| Answer» D. 1 and 3, only | |
| 741. |
In production sector, a micro enterprise is an enterprise where investment in plant and |
| A. | 10 LAKH |
| B. | 15 LAKH |
| C. | 12 LAKH |
| D. | 25 LAKH |
| Answer» E. | |
| 742. |
Which is the largest sugar-producing country in the world? |
| A. | INDIA |
| B. | CHINA |
| C. | BRAZIL |
| D. | None of the above |
| Answer» D. None of the above | |
| 743. |
Consider the following about the 'Rolling Plan': I. A plan for the current year which includes the annual budget II. A plan for a fixed number of years, say 3, 4 or 5 III. It is revised every year as per requirements of the economy IV. A perspective plan for 10, 15 or 20 years Which of the above are correct? [BPSC 2011] |
| A. | I and II |
| B. | I and III |
| C. | II and III |
| D. | I, II, III and IV |
| Answer» C. II and III | |
| 744. |
Microfinance is the provision of financial services to people of low-income groups. This includes both the consumers and the self-employed. The service/services rendered under micro-finance is/are: 1. Credit facilities 2. Savings facilities 3. Insurance facilities 4. Fund Transfer facilities Select the correct answer using the codes given below the lists: [CSAT 2011] |
| A. | 1 only |
| B. | 1 and 4 only |
| C. | 2 and 3 only |
| D. | 1, 2, 3 and 4 |
| Answer» E. | |
| 745. |
Measuring number of people who die is |
| A. | Infant note |
| B. | Migration Note |
| C. | Morality rate |
| D. | none |
| Answer» D. none | |
| 746. |
In which of the following industries is the maximum number of women employed inIndia? [CDS 1993] |
| A. | Textile |
| B. | Jute |
| C. | Tea |
| D. | Coal |
| Answer» D. Coal | |
| 747. |
Since independence, both development and non-development expenditures have increased; the increase in the former being a little more than in the other. Non-development expenditure involves interest payments subsidies defence irrigation |
| A. | I, II |
| B. | I |
| C. | I, II, III |
| D. | II, III, IV |
| Answer» D. II, III, IV | |
| 748. |
In India, rural incomes are generally lower than the urban incomes, which of the following reasons account for this? A large number of farmers are illiterate and know little about scientific agriculture Prices of primary products are lower than those of manufactured products Investment in agriculture has been low when compared to investment in industry |
| A. | I, II, III |
| B. | I, II |
| C. | I, III |
| D. | II, III |
| Answer» B. I, II | |
| 749. |
Area which are engines for economic growth supported by quality infrastructure and complemented by an attractive fiscal package are known as |
| A. | Export Processing zones |
| B. | Duty Free Traffic Zones |
| C. | Special Economic Zones |
| D. | Technology Parks |
| Answer» D. Technology Parks | |
| 750. |
In which city is the head office of the Insurance Regulatory and Development Authority of India (IRDAI) situated? |
| A. | Hyderabad |
| B. | Mumbai |
| C. | Kolkata |
| D. | New Delhi |
| Answer» B. Mumbai | |