MCQOPTIONS
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MCQOPTIONS
This section includes 92 Mcqs, each offering curated multiple-choice questions to sharpen your Bachelor of Business Administration (BBA) knowledge and support exam preparation. Choose a topic below to get started.
| 51. |
The total value of goods and services, produced' in a country during a given period is [CPO SI 2011] |
| A. | Disposable income |
| B. | National income |
| C. | Per capita income |
| D. | Net national income |
| Answer» C. Per capita income | |
| 52. |
The core sector includes: I. Coal II. Power III. Petroleum IV. Soaps and Detergent |
| A. | I and II |
| B. | I, II and III |
| C. | I |
| D. | II and III |
| Answer» C. I | |
| 53. |
The increase in agricultural production is due to:1. increase in area under crops2. improvement in yield3. improvement in cropping pattern4. 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 | |
| 54. |
Which of the following Mahatma Gandhi series of currency notes issued by the RBI has a drawing of the 'Parliament House' depicted on it? [SSC Graduate 2003] |
| A. | Rs. 500 |
| B. | Rs. 100 |
| C. | Rs. 50 |
| D. | Rs. 10 |
| Answer» D. Rs. 10 | |
| 55. |
Why is agricultural productivity in India low both on the basis of per worker and per hectare of land? 1. pressure of population on land 2. large landholdings in few hands 3. high capital base 4. dominance of subsistence farming |
| A. | 1, 2 and 3 |
| B. | 2, 3 and 4 |
| C. | 1, 3 and 4 |
| D. | 1 and 4 |
| Answer» D. 1 and 4 | |
| 56. |
Which of the following best defines the term 'Letter of Credit' as used frequently in bank transactions? [SBI PO 1991] |
| A. | An order from a bank to another bank abroad authorising the payment of a particular amount to a person named in the letter |
| B. | An unconditional undertaking given by a bank ensuring the payment of a particular amount to the drawee at a given date |
| C. | Letter by a bank to a person stating the terms and conditions of the loan sanctioned to him by the bank |
| D. | Statement showing outstanding"- deposits and credits of a bank for a particular period |
| Answer» D. Statement showing outstanding"- deposits and credits of a bank for a particular period | |
| 57. |
To know whether the rich are getting richer and the poor getting poorer, it is necessary to 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 | |
| 58. |
Tax collection of Central govt. was lowest as compare to G.D.P., in which of the following year? |
| A. | 1999-2000 |
| B. | 2000-2001 |
| C. | 2001-2002 |
| D. | 2002-2003 |
| Answer» B. 2000-2001 | |
| 59. |
Which of the following is not a method of estimating national income? [I. Tax & Central Excise 1991] |
| A. | Income method |
| B. | Value-added method |
| C. | Expenditure method |
| D. | Export-import method |
| Answer» E. | |
| 60. |
If the cash-reserve ratio is lowered by the Central bank, what will be its effect on credit creation? |
| A. | Decrease |
| B. | Increase |
| C. | No change |
| D. | None of these |
| Answer» C. No change | |
| 61. |
The tax whose share in overall taxation revenue has gone up rapidly during the planning period is : |
| A. | income tax |
| B. | wealth tax |
| C. | capital gains tax |
| D. | tax on production |
| Answer» E. | |
| 62. |
Put the main sources of revenue of the Central Government in ascending order of importance: 1. Income tax 2. Corporation tax 3. Customs 4. Excise duties |
| A. | 1, 2, 3, 4 |
| B. | 3, 2, 4, 1 |
| C. | 4, 3, 1, 2 |
| D. | 4, 3, 2, 1 |
| Answer» E. | |
| 63. |
Which of the following measures is not likely to help in improving India's balance of payments position? |
| A. | Devaluation of the rupee |
| B. | Encouragement of import substitution |
| C. | Imposition of higher duty on imports |
| D. | Imposition of higher duty on exports |
| Answer» E. | |
| 64. |
The RBI uses the following instruments for quantitative central of credit: (i) Cash Reserve Ratio (ii) Bank Rate (iii) Open Market Operations (iv) Margin Requirements Choose your answer from: |
| A. | (i) and (ii) |
| B. | (ii) and (iv) |
| C. | (i), (ii) and (iii) |
| D. | (i), (ii), (iii) and (iv) |
| Answer» D. (i), (ii), (iii) and (iv) | |
| 65. |
Which of the following is now a punishable offence by a Bank Account holder ? [Bank PO 1990] |
| A. | If a cheque is not crossed |
| B. | If a post-dated cheque is issued |
| C. | If a cheque drawn by him is dishonoured for insufficiency of funds in his account |
| D. | Issuing a cheque without signature |
| Answer» D. Issuing a cheque without signature | |
| 66. |
Grants or advances made by the House to enable the government to carry on until the voting of the demands for grants and passing of the General Appropriation Bill is called: |
| A. | vote on account |
| B. | complementary budget |
| C. | supplementary budget |
| D. | contingency budget |
| Answer» B. complementary budget | |
| 67. |
Which of the following committees was assigned to recommend reforms in the insurance sector? |
| A. | Rekhi Committee |
| B. | Nadkarni Committee |
| C. | Malhotra Committee |
| D. | Chelliah Committee |
| Answer» D. Chelliah Committee | |
| 68. |
As per Ministry of Statistics & Program Implementation, what is the contribution of Tertiary/ Services sector to the GDP of India in the year 2018-19- |
| A. | 54.40 % |
| B. | 15.87% |
| C. | 29.73% |
| D. | none |
| Answer» B. 15.87% | |
| 69. |
As per Ministry of Statistics & Program Implementation, what is the contribution of secondary sector to the GDP of India in the year 2018-19- |
| A. | 54.40 % |
| B. | 15.87% |
| C. | 29.73% |
| D. | none |
| Answer» D. none | |
| 70. |
Which one of the following programs has been implemented to establish girls schools in the districts having low female literacy rate? |
| A. | Kasturba Gandhi Education Scheme (KGES)l |
| B. | Indira Gandhi Education Scheme (IGES) |
| C. | Mother Teresa Education Scheme (MTES) |
| D. | none |
| Answer» B. Indira Gandhi Education Scheme (IGES) | |
| 71. |
Which of the following is/are commodity/ies on which subsidy is given to farmers/poor in India? [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. | |
| 72. |
Which of the following agencies has the power to declare any industrial unit as a potentially sick unit? [CDS 2000] |
| A. | BIFR |
| B. | MRTPC |
| C. | FICCI |
| D. | IRBI |
| Answer» B. MRTPC | |
| 73. |
In which of the following industries is the maximum number of women employed in India? [CDS 1993] |
| A. | Textile |
| B. | Jute |
| C. | Tea |
| D. | Coal |
| Answer» D. Coal | |
| 74. |
Small scale industries contributed % towards total production of manufacturing : |
| A. | 20.43 |
| B. | 5.83 |
| C. | 10.3 |
| D. | 16.79 |
| Answer» C. 10.3 | |
| 75. |
Which one of the following organizations/agencies' are involved in drafting the Union Budget of India? [Punjab & Sindh Bank 2011] |
| A. | The Planning Commission only |
| B. | The Comptroller and Auditor General only |
| C. | Administrative Ministries only |
| D. | (1) & (2) only |
| Answer» D. (1) & (2) only | |
| 76. |
According to nominal Net State domestic product per capita ----- is the richest state in India. |
| A. | Haryana |
| B. | Delhi |
| C. | Goa |
| D. | none |
| Answer» D. none | |
| 77. |
UTI has been divided into two parts UTI-I and UTI-II. Which part has been kept under the control of the government? |
| A. | UTI-I |
| B. | UTI-II |
| C. | Both the above |
| D. | None of the above |
| Answer» B. UTI-II | |
| 78. |
In India, the tax proceeds of which one of the following as a percentage of gross tax revenue 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 | |
| 79. |
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 | |
| 80. |
What is India's ranking on Human Development Index released by UNDP in the year 2019- |
| A. | 187 |
| B. | 154 |
| C. | 129 |
| D. | none |
| Answer» D. none | |
| 81. |
Which of the following is the largest (in terms of' turnover) Public Sector organisation in India? |
| A. | Bharat Petroleum |
| B. | Steel Authority of India |
| C. | Indian Oil Corporation |
| D. | Oil and Natural Gas Commission |
| Answer» D. Oil and Natural Gas Commission | |
| 82. |
To prevent recurrence of scams in Indian Capital Market, the Government has assigned regulatory powers to: [IAS 1995] |
| A. | RBI |
| B. | SBI |
| C. | SEBI |
| D. | ICICI |
| Answer» D. ICICI | |
| 83. |
Per capita income Which 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. | |
| 84. |
The performance of which of the following industries is considered performance of the core industry? [RBI Grade B Officer 2011] |
| A. | Garments |
| B. | Leather |
| C. | IT |
| D. | Oil and Petroleum |
| Answer» E. | |
| 85. |
Which of the following are the main causes of slow rate of growth of per capita income in India? [IAS 1993]1. High capital-output ratio2. High rate of growth of population3. High rate of capital formation4. High level of fiscal deficits |
| A. | 1 and 2 |
| B. | 2, 3 and 4 |
| C. | 1 and 4 |
| D. | 1, 2, and 4 |
| Answer» B. 2, 3 and 4 | |
| 86. |
In economic terms, which of the following factors determine the 'Individual's demand' of a product/commodity? [RBI Grade B Officer 2011] A. Price of a commodity B. Income of the individual C. Utility and quality of a commodity |
| A. | Only A |
| B. | Only B |
| C. | Only C |
| D. | All A, B, & C |
| Answer» E. | |
| 87. |
India is a member of which of the following?1. Asian Development Bank2. Asia-Pacific Economic Cooperation3. Colombo Plan4. Organization for Economic Cooperation and Development (OECD)Select the correct answer using the code given below: [IAS 2008] |
| A. | 1 and 3 only |
| B. | 2 and 4 only |
| C. | 1, 2 and 3 only |
| D. | 1, 2, 3 and 4 |
| Answer» B. 2 and 4 only | |
| 88. |
Which of the following statements regarding the iron and steel plants at Bhilai, Rourkela and Durgapur are correct? [CDS 1992]1. These plants were established in public sector during the Second Five Year Plan2. These are located in the steel raw material belt3. These were established with the help from Britain, Soviet Union and West Germany respectively |
| A. | 1 and 2 |
| B. | 2 and 3 |
| C. | 1 and 3 |
| D. | 2 and 3 |
| Answer» B. 2 and 3 | |
| 89. |
Of the various ways of financing government's investment expenditure, the least inflationary is : [PCS 1994] |
| A. | foreign aid |
| B. | deficit financing |
| C. | taxation |
| D. | public borrowing |
| Answer» D. public borrowing | |
| 90. |
Consider the following about the 'Rolling Plan':I. A plan for the current year which includes the annual budgetII. A plan for a fixed number of years, say 3, 4 or 5III. It is revised every year as per requirements of the economyIV. A perspective plan for 10, 15 or 20 yearsWhich 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 | |
| 91. |
Which of the following could be said to have prevented the 'trickle down' effects in Indian economy?1. Increased dependence of agriculture on purchased inputs and privately managed irrigation2. More employment of labour by larger landholding farmers3. Lowered participation of women in agricultural workforce due to new technology4. 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 | |
| 92. |
Which of the following are not correct assessments of the decades of India's Five-Year Plans? 1. There has been very low capital formation 2. Growth has favoured the better off 3. Production has increased substantially though often falling short of targets 4. The public sector has contributed nothing to economic growth |
| A. | 1 and 4 |
| B. | 2 and 3 |
| C. | 1, 2 and 3 |
| D. | 3 and 4 |
| Answer» B. 2 and 3 | |