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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.
| 1351. |
A policy of support prices for food-grains came to be adopted throughout India in _______. |
| A. | 1944 |
| B. | 1956 |
| C. | 1966 |
| D. | 1972 |
| Answer» D. 1972 | |
| 1352. |
Process of making of bricks by using soil comes under which sector of economic activity? |
| A. | Secondary sector |
| B. | Primary sector |
| C. | Tertiary sector |
| D. | None of these |
| Answer» B. Primary sector | |
| 1353. |
Depreciation is an annual allowance for the wear and tear of ______. |
| A. | finished goods |
| B. | land |
| C. | work in progress |
| D. | capital goods |
| Answer» E. | |
| 1354. |
How many sectors does the 'Make in India programme focus on? |
| A. | 15 |
| B. | 21 |
| C. | 25 |
| D. | 28 |
| Answer» D. 28 | |
| 1355. |
A _______ is not constrained by prior work. |
| A. | franchise |
| B. | joint venture |
| C. | strategic alliance |
| D. | greenfield project |
| Answer» E. | |
| 1356. |
As on 8th September 2017, what mark did India's FOREX (Foreign Exchange) Reserves cross? |
| A. | 200 Billion USD (Rs. 1,30,48,08,00,00,000.00) |
| B. | 300 Billion USD (Rs. 1,95,72,75,00,00,000.00) |
| C. | 400 Billion USD (Rs. 2,61,00,08,00,00,000.00) |
| D. | 100 Billion USD (Rs. 65,24,01,00,00,000.00) |
| Answer» D. 100 Billion USD (Rs. 65,24,01,00,00,000.00) | |
| 1357. |
Inclusive Growth in India can be achieved : |
| A. | Through a Progressive tax |
| B. | Through a Regressive tax |
| C. | Through a Proportional tax |
| D. | By completely scrapping all taxes |
| Answer» B. Through a Regressive tax | |
| 1358. |
Debt-trap means |
| A. | More aid is needed to meet the debt servicing requirements. |
| B. | More debt is needed to finance development expenditure. |
| C. | More debt is required to finance subsidy schemes. |
| D. | All of the above |
| Answer» B. More debt is needed to finance development expenditure. | |
| 1359. |
If there is a lack of money supply in comparison to the supply of goods and services, then the possible consequence would be ______. |
| A. | Devaluation |
| B. | Deflation |
| C. | Hyperinflation |
| D. | Inflation |
| Answer» C. Hyperinflation | |
| 1360. |
Blue Revolution is associated with which of the following? |
| A. | Aquaculture |
| B. | Sericulture |
| C. | Agriculture |
| D. | Vermiculture |
| Answer» B. Sericulture | |
| 1361. |
In the context of NITI Aayog, what does 'T' stand for in NITI? |
| A. | Transforming |
| B. | Travelling |
| C. | Training |
| D. | Transferring |
| Answer» B. Travelling | |
| 1362. |
Match Column-A with Column-B and select the correct answer using the codes given below Column-AColumn-Ba) National Agricultural Policy1. 2004b) Marine Fishing Policy2. 1978c) New Foreign Trade Policy3. 2000d) Seventh Finance Commission4. 2014 |
| A. | a-2, b-1, c-3, d-4 |
| B. | a-4, b-3, c-1, d-2 |
| C. | a-1, b-4, c-2, d-3 |
| D. | a-3, b-1, c-4, d-2 |
| Answer» E. | |
| 1363. |
Personal Income – Personal tax payments – Non-tax payments = |
| A. | Net National Product at factor cost |
| B. | National Income |
| C. | Personal Disposable Income |
| D. | Gross National Product |
| Answer» D. Gross National Product | |
| 1364. |
An area which supports the economy and export trade of a sea port is called its __________. |
| A. | Trade land |
| B. | Export land |
| C. | Import land |
| D. | Hinter land |
| Answer» E. | |
| 1365. |
In India, the base year of the new GDP series has been shifted from 2004-05 to |
| A. | 2007-08 |
| B. | 2008-09 |
| C. | 2010-11 |
| D. | 2011-12 |
| Answer» E. | |
| 1366. |
Buyer’s market denotes the place where ________. |
| A. | the demand exceeds the supply |
| B. | the supply exceeds the demand |
| C. | commodities are available at competitive rates |
| D. | the demand and supply are well balanced |
| Answer» C. commodities are available at competitive rates | |
| 1367. |
________ aim(s) at creating self-empolyment opportunity in rural areas. |
| A. | The Rural Employment Generation Programme |
| B. | Anti-Poverty Programmes |
| C. | The Pradhan Mantri Ujjwala Yojana |
| D. | The Pradhan Mantri Gramodaya Yojana |
| Answer» B. Anti-Poverty Programmes | |
| 1368. |
Questions relating to the application or interpretation of a standing order certified under the Industrial Employment (Standing Orders) Act, 1946 may be referred to |
| A. | Industrial Tribunal |
| B. | Labour Commissioner |
| C. | Labour Court |
| D. | Industrial Employment Court |
| Answer» D. Industrial Employment Court | |
| 1369. |
Consider the following crops of India:1. Cowpea2. Green gram3. Pigeon peaWhich of the above is/are used as pulse, fodder and green manure? |
| A. | 1 and 2 only |
| B. | 2 only |
| C. | 1 and 3 only |
| D. | 1, 2 and 3 |
| Answer» E. | |
| 1370. |
From the following, the crop of Jhangora is |
| A. | Rabi |
| B. | Kharif |
| C. | Jayad |
| D. | None of the above |
| Answer» B. Kharif | |
| 1371. |
Name the programme of Andhra Pradesh Government, meant to reduce the poverty ratio of the State from 9.2% to 0% by 2029 ? |
| A. | Kutumba Vikasam - Samaja Vikasam |
| B. | Providing Rs. 10,000/- income to each family |
| C. | Pedarikam Pai Gelupu |
| D. | Unnati |
| Answer» B. Providing Rs. 10,000/- income to each family | |
| 1372. |
Consider the following pairings of the names of Government initiated portals and the area/industry with which they are associated:1. Sambandh : MSME2. Prakash Portal : Coal Industry3. Government e-Marketplace : For procurement of goods by the Government4. E-Nam portal : AgricultureWhich out of the above are correctly paired? |
| A. | Only 3 and 4 |
| B. | Only 2, 3 and 4 |
| C. | Only 1, 3 and 4 |
| D. | All of the above |
| Answer» E. | |
| 1373. |
Match the characteristics with their market structure:(a) Differentiated products, but close substitutes for consumers so their demand curves are elastic.(b) Firm will tend to set output so that it earns maximum profits. |
| A. | (a) Oligopoly, (b) Pure Monopoly |
| B. | (a) Monopolistic competition, (b) Pure Monopoly |
| C. | (a) Pure competition, (b) Pure Monopoly |
| D. | (a) Monopolistic competition, (b) Oligopoly |
| Answer» C. (a) Pure competition, (b) Pure Monopoly | |
| 1374. |
Cash Reserve Ratio (CRR) is calculated as a percentage of each bank's _____. |
| A. | savings of customers |
| B. | rate of inflation |
| C. | credit growth |
| D. | net demand and time liabilities |
| Answer» E. | |
| 1375. |
Minimum Support Price is recommended by which of the following institutions? |
| A. | Food Corporation of India |
| B. | Food and Agriculture Organization |
| C. | Commission for Agricultural Costs and Prices |
| D. | Ministry of Food and Agriculture |
| Answer» D. Ministry of Food and Agriculture | |
| 1376. |
15th Finance commission is headed by: |
| A. | Amitabh Kant |
| B. | N K Singh |
| C. | Y V Reddy |
| D. | Urjit Patel |
| Answer» C. Y V Reddy | |
| 1377. |
In which year was the New Bank Note Paper Line Unit inaugurated in Hoshangabad? |
| A. | 2016 |
| B. | 2014 |
| C. | 2015 |
| D. | 2013 |
| Answer» D. 2013 | |
| 1378. |
PURA (Providing Urban Amenities to Rural Areas) model was advocated by |
| A. | A P J Abdul Kalam |
| B. | Manmohan Singh |
| C. | Lal Krishna Advani |
| D. | Rajiv Gandhi |
| E. | None of the above/More than one of the above |
| Answer» B. Manmohan Singh | |
| 1379. |
How does National Biodiversity Authority (NBA) help in protecting Indian agriculture?1. NBA checks the biopiracy and protects the indigenous and traditional genetic resources.2. NBA directly monitors and supervises the scientific research on genetic modification of crop plants.3. Application for Intellectual Property Rights related to genetic/biological resources cannot be made without the approval of NBA.Which of the statements given above is/are correct? |
| A. | 1 only |
| B. | 2 and 3 only |
| C. | 1 and 3 only |
| D. | 1, 2 and 3 |
| Answer» D. 1, 2 and 3 | |
| 1380. |
Gross Domestic Product (GDP) measured at market prices or current prices is called as: |
| A. | Nominal GDP |
| B. | Real GDP |
| C. | Actual GDP |
| D. | Practical GDP |
| Answer» B. Real GDP | |
| 1381. |
Direct Tax Code in India is related to which of the following? |
| A. | Sales Tax |
| B. | Income Tax |
| C. | Excise Tax |
| D. | Service Tax |
| Answer» C. Excise Tax | |
| 1382. |
During the the third demonitization in India, which among the following notes has been removed from circulation? |
| A. | 500 and 100 |
| B. | 100 and 1000 |
| C. | 500 and 1000 |
| D. | 500 and 2000 |
| Answer» D. 500 and 2000 | |
| 1383. |
Indian Rupee has got its symbol as . ₹ This symbol has been designed by |
| A. | Hitesh Padmashali |
| B. | Shibin K K |
| C. | Rakesh Kumar |
| D. | D. Udaya Kumar |
| Answer» E. | |
| 1384. |
As per the Census 2011, which of the following states/union territories claimed second rank in terms of literacy rate? |
| A. | Goa |
| B. | Lakshadweep |
| C. | Mizoram |
| D. | Puducherry |
| Answer» C. Mizoram | |
| 1385. |
Mahalanobis Plan Model adopted in India in the Mid-fifties aimed at? |
| A. | Building a strong defence industry base |
| B. | Setting up heavy industries which were capital intensive |
| C. | Curbing inflation in the economy |
| D. | Removing unemployment within a short period |
| Answer» C. Curbing inflation in the economy | |
| 1386. |
If the average total cost is Rs. 1700, total fixed cost is Rs. 52500 and quantity produced is 75 units, find the average variable cost of the film? |
| A. | Rs. 1000 |
| B. | Rs. 2400 |
| C. | Rs. 1800 |
| D. | Rs. 600 |
| Answer» B. Rs. 2400 | |
| 1387. |
On which date did the NITI Aayog replace the Planning Commission? |
| A. | 1st of January 2017 |
| B. | 1st of January 2014 |
| C. | 1st of January 2016 |
| D. | 1st of January 2015 |
| Answer» E. | |
| 1388. |
How many ‘factors of production’ are there? |
| A. | One |
| B. | Four |
| C. | Six |
| D. | Eight |
| Answer» C. Six | |
| 1389. |
As per the traditional approach, the expense to be matched with revenue is based on |
| A. | original cost |
| B. | opportunity cost |
| C. | replacement cost |
| D. | cash cost |
| Answer» B. opportunity cost | |
| 1390. |
Consider the following statements:a. The average CPI inflation declined to 4.9% in 2015 – 16 from 5.9% in 2014 – 15.b. The average inflation based on the Wholesale Price Index declined to (-) 2.5% in 2015 – 16 from 2.0% in 2014 – 15.c. The average inflation was 2.9% during April – December 2016.Which of the statement/s given above is/are correct? |
| A. | a and b |
| B. | b and c |
| C. | a and c |
| D. | All of the above |
| Answer» B. b and c | |
| 1391. |
Calculate the economic profit for a firm if its total revenues are Rs. 180 crores, explicit costs are Rs. 95 crores, and implicit costs are Rs. 25 crores. |
| A. | Rs. 110 crores |
| B. | Rs. 300 crores |
| C. | Rs. 60 crores |
| D. | Rs. 250 crores |
| Answer» D. Rs. 250 crores | |
| 1392. |
Creeping, Walking, Galloping and Hyper are types of ____: |
| A. | Cost index |
| B. | Property |
| C. | Inflation |
| D. | Salary |
| Answer» D. Salary | |
| 1393. |
In August 2020, the Cabinet Committee on Economic Affairs declared the Fair and Remunerative Price of ______ per quintal for sugarcane for the marketing year starting October 2020. |
| A. | Rs. 275 |
| B. | Rs. 265 |
| C. | Rs. 255 |
| D. | Rs. 285 |
| Answer» B. Rs. 265 | |
| 1394. |
Match List - I with List - II and select the correct answer using the codes given below the Lists:List – I(Name of Shifting Cultivation)List – II(Country)(a) Milpa(i) Zaire(b) Ladang(ii) Brazil(c) Rocca(iii) Malaysia(d) Masole(iv) Mexico |
| A. | (a) - (4), (b) - (3), (c) - (2), (d) - (1) |
| B. | (a) - (4), (b) - (2), (c) - (3), (d) - (1) |
| C. | (a) - (1), (b) - (2), (c) - (3), (d) - (4) |
| D. | (a) - (1), (b) - (3), (c) - (2), (d) - (4) |
| Answer» B. (a) - (4), (b) - (2), (c) - (3), (d) - (1) | |
| 1395. |
Consider the following statements with reference to the healthcare sector in Budget 2020.1. Out of the total amount allocated for Healthcare, Rs. 6,400 crore was assigned to 'PM Jan Arogya Yojana'.2. In this budget, Rs. 79,000 crore was allocated for Healthcare.Which of the statements given above is/are correct? |
| A. | Only 1 |
| B. | Both 1 and 2 |
| C. | Only 2 |
| D. | Neither 1 nor 2 |
| Answer» B. Both 1 and 2 | |
| 1396. |
For the calculation of the 'wholesale price index' in 2019, _____ is taken as the base year. |
| A. | 2013-14 |
| B. | 2014-15 |
| C. | 2011-12 |
| D. | 2012-13 |
| Answer» D. 2012-13 | |
| 1397. |
Examine the following pairs:Cultivable Command AreaProject/SchemeA. More than 10,000 hectares of cultivable land1. Major irrigation projectB. Between 10,000 and 25,000 acres of cultivable land2. Medium irrigation projectC. Up to 10,000 acres of cultivable land3. Minor irrigation projectChoose the INCORRECT pairs: |
| A. | A only |
| B. | B only |
| C. | B and C only |
| D. | A and C only |
| Answer» D. A and C only | |
| 1398. |
As per the Union Budget 2020-21, TDS at the rate of ______ is levied on e-commerce transactions. |
| A. | 3% |
| B. | 1% |
| C. | 2.5% |
| D. | 0.25% |
| Answer» C. 2.5% | |
| 1399. |
Calculate the economic profit for a firm if its total revenues are Rs. 35 crores, explicit costs are Rs. 7 crores, and implicit costs are Rs. 10 crores. |
| A. | Rs. 32 crores |
| B. | Rs. 52 crores |
| C. | Rs. 18 crores |
| D. | Rs. 38 crores |
| Answer» D. Rs. 38 crores | |
| 1400. |
Green revolution has been most successful in rotation |
| A. | Wheat & Potato |
| B. | Barley & Rice |
| C. | Tea & Coffee |
| D. | Wheat & Rice |
| Answer» E. | |