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.
| 401. |
In India, which of the following is regulated by the Forward Markets Commission? [IAS 2010] |
| A. | Currency Futures Trading |
| B. | Commodities Futures Trading |
| C. | Equity Futures Trading |
| D. | Both Commodities Futures and Financial Futures Trading |
| Answer» C. Equity Futures Trading | |
| 402. |
The existence of a Parallel Economy or Black Money: [CPO SI 2003] |
| A. | makes the economy more competitive |
| B. | makes the monetary policies less effective |
| C. | ensures a better distribution of income and wealth |
| D. | ensures increasing productive investment |
| Answer» C. ensures a better distribution of income and wealth | |
| 403. |
Which of the following pairs are correctly matched? [IAS 2005] Enterprise Industrial Group 1. VSNL : Bharati Group 2. Mundra Special Economic Zone Ltd. : Adani Group 3. CMC Ltd. : Tata Group 4. IPCL : Reliance Group Select the correct answer using the codes given below: |
| A. | 1, 2 and 3 |
| B. | 3 and 4 |
| C. | 1, 2 and 4 |
| D. | 2, 3 and 4 |
| Answer» E. | |
| 404. |
In the last one decade, which one among the following sectors has attracted the highestForeign Direct Investment inflows into India? [IAS 2004] |
| A. | Chemicals other than fertilizers |
| B. | Services sector |
| C. | Food processing |
| D. | Telecommunication |
| Answer» E. | |
| 405. |
How do we define the terms bull and bear with regard to stock markets? |
| A. | A bull is an optimistic operator who first buys and then sells shares in expectation of the price going up; a bear is a pessimistic market operator who sells the shares in expectation of buying them back at a lower price |
| B. | There is nothing significantly different as both operate in the capital market |
| C. | Bull is one who first sells a share and then buys it at a lower price; bear means one who first buys and then sells it in expectation of prices going up |
| D. | A bull is ready to buy any share; a bear only deals in government securities |
| Answer» B. There is nothing significantly different as both operate in the capital market | |
| 406. |
Taxation and the government's expenditure policy are dealt under the : |
| A. | trade policy |
| B. | budget |
| C. | fiscal policy |
| D. | monetary policy |
| Answer» D. monetary policy | |
| 407. |
When was the first five-year plan of India started? |
| A. | 1949 |
| B. | 1950 |
| C. | 1952 |
| D. | 1951 |
| Answer» E. | |
| 408. |
Which one of the following statements is not correct? [IAS 2004] |
| A. | Under the Targeted Public Distribution System, the families Below Poverty Line are provided 50 kg. of food grains per month per family at subsidised price |
| B. | Under Annapurna Scheme, indigent senior citizens of 65 years of age or above eligible for National Old Age Pension but not getting pension can get 10 kg of food grains per person per month free of cost |
| C. | Ministry of Social Justice and Empowerment has scheme in which indigent people living in welfare institutions like orphanges are given 15 kg of food grains per person per month at BPL rates |
| D. | Ministry of Human Resource Development gives financial support to Mid-Day Meal Scheme for the benefit of class I to V students in Government or Government aided Schools |
| Answer» B. Under Annapurna Scheme, indigent senior citizens of 65 years of age or above eligible for National Old Age Pension but not getting pension can get 10 kg of food grains per person per month free of cost | |
| 409. |
The States' debt does not include: |
| A. | loans from State Bank of India |
| B. | loans from the Central Government |
| C. | Provident Funds |
| D. | treasury bills issued to international financial institutions |
| Answer» E. | |
| 410. |
What is Literacy rate |
| A. | Number of illiterate persons to total populations |
| B. | Number of graduate peoples to total population |
| C. | Number of literate persons to total population |
| D. | none |
| Answer» D. none | |
| 411. |
The oldest stock exchange of India is : |
| A. | Bombay Stock Exchange |
| B. | Ahmedabad Stock Exchange |
| C. | Bangalore Stock Exchange |
| D. | Hyderabad Stock Exchange |
| Answer» B. Ahmedabad Stock Exchange | |
| 412. |
Which' day is celebrated as 'National Consumer Right Day? |
| A. | 24th September |
| B. | 24th October |
| C. | 24th November |
| D. | 24th December |
| Answer» E. | |
| 413. |
Consider the following statements: [IAS 2004] 1. Reserve Bank of India was nationalized on 26 January, 1950 2. The borrowing programme of the Government of India is handled by the Department of Expenditure, Ministry of Finance Which of the statements given above is/are correct? |
| A. | 1 only |
| B. | 2 only |
| C. | Both 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» E. | |
| 414. |
Which one of the following is the updated base for Wholesale Price Index (WPI) ? [Corporation Bank PO 2011] |
| A. | 2002-2003 |
| B. | 2003-2004 |
| C. | 2004-2005 |
| D. | 2005-2006 |
| Answer» D. 2005-2006 | |
| 415. |
Which one among the following is not a component of fiscal policy? [Asstt Commdt 2011] |
| A. | Taxation policy |
| B. | Public debt policy |
| C. | Trade policy |
| D. | Public expenditure policy |
| Answer» D. Public expenditure policy | |
| 416. |
A deflator is a technique of: [IAS 1992] |
| A. | adjusting for changes in price level |
| B. | adjusting for change in commodity |
| C. | accounting for higher increase of GNP |
| D. | accounting for decline of GNP |
| Answer» B. adjusting for change in commodity | |
| 417. |
One of the main factors that led to rapid expansion of Indian exports is : |
| A. | liberalisation of the economy |
| B. | diversification of exports |
| C. | imposition of import duties |
| D. | recession in other countries |
| Answer» B. diversification of exports | |
| 418. |
Which one of the following agencies, markets steel for the public sector plants? |
| A. | HAIL |
| B. | SAIL |
| C. | TATA Steel |
| D. | MNCC |
| Answer» C. TATA Steel | |
| 419. |
The headquarters of World Trade Organisation is in : [CDS 2000] |
| A. | Montreal |
| B. | Seattle |
| C. | Geneva |
| D. | The Hague |
| Answer» D. The Hague | |
| 420. |
Who is regarded as the founder of the scientific Socialism? [NDA 1993] |
| A. | Rousseau |
| B. | Karl Marx |
| C. | Engels |
| D. | Lenin |
| Answer» C. Engels | |
| 421. |
Temporary tax levied to obtain additional revenue is called: |
| A. | cess |
| B. | rate |
| C. | fee |
| D. | surcharge |
| Answer» E. | |
| 422. |
Which of the following statements is correct? [AAO 1993] |
| A. | Planning Commission is a constitutional body |
| B. | The Prime Minister is the Chairman of the Planning Commission |
| C. | The Minister of Planning is always necessarily the Deputy Chairman of Planning Commission |
| D. | The draft plan is prepared by the National Development Council |
| Answer» C. The Minister of Planning is always necessarily the Deputy Chairman of Planning Commission | |
| 423. |
Estimation of national income in India is difficult due to : I. illiteracy of people II. non-monetised consumption III. inflation IV. people holding multiple jobs |
| A. | I, II, III and IV |
| B. | II and III |
| C. | I and IV |
| D. | I, II and IV |
| Answer» E. | |
| 424. |
PIIGS is the group of nations falling under........ [RBI Grade B Officer 2011] |
| A. | Euro zone |
| B. | Asia Pacific |
| C. | SAARC |
| D. | NATO |
| Answer» B. Asia Pacific | |
| 425. |
The largest Public Sector Bank in India is: [CDS 1991] |
| A. | Central Bank |
| B. | State Bank of India |
| C. | Punjab National Bank |
| D. | Indian Overseas Bank |
| Answer» C. Punjab National Bank | |
| 426. |
To meet the growing needs for coins in the country, where does the Governmentpropose to set up another mint? |
| A. | Nasik |
| B. | Hoshangabad |
| C. | Dewas |
| D. | Noida |
| Answer» E. | |
| 427. |
Which of the following statements about indirect taxes in India is/are true? 1. Yield from indirect taxes is much more than that from direct taxes 2. Indirect taxes have grown faster than direct taxes since independence 3. Indirect taxes are ultimately paid for by persons who do not actually pay the taxes to the Government 4. Increase in indirect taxes is a welcome feature in a developing country |
| A. | 1, 2 and 4 |
| B. | 1 and 2 |
| C. | 2 only |
| D. | 1, 2 and 3 |
| Answer» E. | |
| 428. |
A rolling plan was a plan for: |
| A. | one year |
| B. | three years |
| C. | five years |
| D. | year to year basis |
| Answer» B. three years | |
| 429. |
A National Development Fund was created by the Govt. of India a few years ago. What was the purpose of the fund? [Punjab & Sindh Bank 2011] (A) Boost investment in· social sector projects to promote education, healthcare and employment. (B) Capital investments in selected profitable PSEs to yield adequate returns (C) To fund revision in pay structure of central Govt. employees. |
| A. | Only A |
| B. | Only B |
| C. | Only C |
| D. | Both A & B |
| Answer» B. Only B | |
| 430. |
When was decimal coinage introduced in India? [CDS 2005] |
| A. | 1947 |
| B. | 1950 |
| C. | 1957 |
| D. | 1960 |
| Answer» D. 1960 | |
| 431. |
Which of the following statements is/are correct? 1. NIFTY is based upon 50 firms in India. 2. NIFTY is governed and regulated by the Reserve Bank of India. 3. NIFTY does not trade in mutual funds Select the correct answer using the code given below: [CDS 2012] |
| A. | 1 only |
| B. | 2 only |
| C. | 3 only |
| D. | 1 and 3 |
| Answer» B. 2 only | |
| 432. |
BoP (Balance of Payment) refers to : |
| A. | transactions in the flow of capital |
| B. | transactions relating to receipts and payment of invisibles |
| C. | transactions relating only to exports and imports |
| D. | systematic record of all its economic transaction with the rest of the world |
| Answer» E. | |
| 433. |
Consider the following statements relating to estimation of National Income : 1. Foreigners working in Indian Embassies are normal residents of India. 2. Foreigners working in the office of WHO, World Bank. UNO etc. located in India are not normal residents of India. 3. Indians working in foreign embassies in India are not normal residents of India. Which of the statements given above is/are correct? [CDS 2010] |
| A. | 1 only |
| B. | 1 and 2 |
| C. | 3 only |
| D. | 1, 2 and 3 |
| Answer» C. 3 only | |
| 434. |
Ten rupee notes bear the signature of: |
| A. | President |
| B. | Finance Minister |
| C. | Secretary, Ministry of Finance |
| D. | Governor, Reserve Bank of India |
| Answer» E. | |
| 435. |
The most important small-scale industry in India is that of: |
| A. | textiles |
| B. | jute |
| C. | jewellery |
| D. | handloom |
| Answer» E. | |
| 436. |
Who amongst the following can take benefit of the Social Security Fund established by the Govt. of India for unorganized workers? [SBI Associates Clerk 2011] |
| A. | Primary school teacher |
| B. | Employee of Sugar Factory |
| C. | Textile Mazdoor |
| D. | Rickshaw Puller |
| Answer» E. | |
| 437. |
In which one of the following five year plans the actual growth performance in India in respect of GDP (at factor cost) was less than the target set? [NDA 2008] |
| A. | Sixth five year plan |
| B. | Seventh five year plan |
| C. | Eighth five year plan |
| D. | Ninth five year plan |
| Answer» E. | |
| 438. |
The Govt. of India does not provide any direct financial assistance to which of the following schemes? [SBI Associates Clerk 2011] |
| A. | Mahatma Gandhi National Rural Employment Guarantee scheme |
| B. | Rural Health Mission |
| C. | Indira Aawas Yojana |
| D. | Jeevan Sathi Yojana |
| Answer» E. | |
| 439. |
Among the structural changes which of the following is not wholly welcome? |
| A. | Increase in the share of construction in the GNP |
| B. | Relative contribution of agriculture to our GNP is declining |
| C. | Marked improvement in the contribution of manufacturing to the GNP |
| D. | Substantial increase in the percentage contribution of public administration and defence to GDP |
| Answer» E. | |
| 440. |
Which of the following is/are commodity/ies on which subsidy is given to farmers/poor inIndia? [SBI Ass PO 2011] (A) Fertilizer (B) Kerosene (C) LPG |
| A. | Only A |
| B. | Only B |
| C. | Only C |
| D. | Only A & B |
| Answer» E. | |
| 441. |
Consider the following statements about Sinking Fund: 1. It is a method of repayment of public debt. 2. It is created by the government out of budgetary revenues every year. Which of the statements given above is/are correct? [CDS 2011] |
| A. | 1 only |
| B. | 2 only |
| C. | Both 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» D. Neither 1 nor 2 | |
| 442. |
The largest importer country of Indian textile is : |
| A. | Italy |
| B. | Germany |
| C. | Singapore |
| D. | USA |
| Answer» E. | |
| 443. |
'Conditionality' of an IMF loan to a member country stands for: [Asstt Grade 1994] |
| A. | interest and repayment terms of the loan |
| B. | an assessment of the credit worthiness of the borrower |
| C. | schedule of disbursement of loan installments |
| D. | the policy steps which the borrower country must take |
| Answer» E. | |
| 444. |
By which bill does the government make arrangement for the collection of revenues for a year? |
| A. | Supplementary Budget |
| B. | Finance Bill |
| C. | Fiscal Budget |
| D. | Economic Bill |
| Answer» C. Fiscal Budget | |
| 445. |
The arguments to support opening up of the Insurance sector in India were: 1. It will provide wider choice to customers 2. It will infuse competition and efficiency 3. It will widen the base of long term funds 4. It will improve balance of payments position Choose the correct answer from: |
| A. | 1, 2 |
| B. | 2, 3 |
| C. | 1, 2, 3 |
| D. | 1, 2, 3 and 4 |
| Answer» D. 1, 2, 3 and 4 | |
| 446. |
Monetary policy is regulated by: |
| A. | money lenders |
| B. | Central Bank |
| C. | private entrepreneurs |
| D. | Government policy |
| Answer» C. private entrepreneurs | |
| 447. |
Which of the following is called a 'banker's cheque' ? [CDS 2002] |
| A. | Demand draft |
| B. | Debit card |
| C. | Pay order |
| D. | Fixed deposit |
| Answer» B. Debit card | |
| 448. |
Under VAT, how many slabs are there? |
| A. | 3 |
| B. | 4 |
| C. | 2 |
| D. | 5 |
| Answer» C. 2 | |
| 449. |
The best indicator of economic growth of any country is: |
| A. | Agriculture |
| B. | Transport |
| C. | Gross Domestic Product |
| D. | Population |
| Answer» D. Population | |
| 450. |
A crossed cheque is one, which can be encashed only: [IFS 1991] |
| A. | by the drawee |
| B. | through a bank, |
| C. | at the State Bank of India |
| D. | after it has been transferred to another person |
| Answer» C. at the State Bank of India | |