MCQOPTIONS
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MCQOPTIONS
This section includes 1254 Mcqs, each offering curated multiple-choice questions to sharpen your General Knowledge knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Foreign Direct Investment ceiling in the telecom sector have been raised from 74 percent to |
| A. | 0 percent |
| B. | 3 percent |
| C. | 0 percent |
| D. | 00 percent |
| Answer» E. | |
| 2. |
If utensils worth Rs 1000 are produced with copper worth Rs 500, wages paid are Rs 100, other material purchased is worth Rs 100 and depreciation of machinery is zero, then what is the value added in process? |
| A. | s 1000 |
| B. | s 500 |
| C. | s 400 |
| D. | s 300 |
| Answer» E. | |
| 3. |
If the RBI adopted an expansionist open market operations policy, this means that it will |
| A. | uy securities from non-government holders |
| B. | ell securities in the open market |
| C. | ffer commercial banks more credit in the open market |
| D. | penly announce to the market that it intends to expand credit |
| Answer» D. penly announce to the market that it intends to expand credit | |
| 4. |
In pursuance with the recommendations of Narsimham Committee, the RBI has framed new guidelines |
| A. | o govern entry of new private sector banks to make the banking sector more competitive |
| B. | o reduce the freedom given to banks to rationalize their existing branch network |
| C. | o setup more foreign exchange banks |
| D. | o lend more easily for industrial development |
| Answer» B. o reduce the freedom given to banks to rationalize their existing branch network | |
| 5. |
Our financial system has provided for the transfer of resources from the centre to the states; the important means of resource transfers are |
| A. | ax sharing |
| B. | rant-in-aids |
| C. | oans |
| D. | ll the above |
| Answer» E. | |
| 6. |
Which of the following is the most appropriate cause of export surplus? |
| A. | ountry's exports promotion value |
| B. | ountry's stringent import policy |
| C. | evelopments in national and international markets |
| D. | one of the above |
| Answer» D. one of the above | |
| 7. |
On which one of the following is the benefits received principle of taxation to achieve optimality bases? |
| A. | arginal benefit received |
| B. | otal benefit received |
| C. | verage benefit received |
| D. | bility to pay for the benefit |
| Answer» E. | |
| 8. |
India’s share in textiles trade of the world is: |
| A. | % |
| B. | % |
| C. | % |
| D. | 0% |
| Answer» C. % | |
| 9. |
The first multi–purpose river valley project of independent India is: |
| A. | hakra-Nangal |
| B. | amodar |
| C. | irakud |
| D. | agarjunasagar |
| Answer» C. irakud | |
| 10. |
Which company has started a rural marketing network called e-Chaupals? |
| A. | TC |
| B. | abur |
| C. | rocor and Gamble |
| D. | industan liver |
| Answer» B. abur | |
| 11. |
In India the first bank of limited liability managed by Indian and founded in 1881 was: |
| A. | udh commercial Bank. |
| B. | industan Commercial Bank |
| C. | unjab National Bank |
| D. | unjab and Sind Bank |
| Answer» B. industan Commercial Bank | |
| 12. |
Excess of Total Expenditure over total Receipts is : |
| A. | eficit Budget |
| B. | urplus Budget |
| C. | alanced Budget |
| D. | one of the above |
| Answer» B. urplus Budget | |
| 13. |
The central banking functions in India are performed by theI=Central Bank of IndiaII=Reserve Bank of IndiaIII=State Bank of IndiaIV=Punjab National Bank |
| A. | , II |
| B. | I |
| C. | |
| D. | I, III |
| Answer» C. | |
| 14. |
Rice, Millet (Jawar-Bajra ), Maize and cotton is the group which belongs to: |
| A. | abi crop |
| B. | harif crop |
| C. | oth A and B |
| D. | one of the above |
| Answer» C. oth A and B | |
| 15. |
Fiscaldeficit in the Union Budget means |
| A. | he difference between current expenditure and current revenue |
| B. | et increase in Union Governments borrowings from the Reserve Bank of India |
| C. | he sum of budgetary deficit and net increase in internal and external borrowings |
| D. | he sum of monetized deficit and budgetary deficit |
| Answer» D. he sum of monetized deficit and budgetary deficit | |
| 16. |
In India, rural incomes are generally lower than the urban incomes, which of the following reasons account for this?I=A large number of farmers are illiterate and know little about scientific agricultureII=Prices of primary products are lower than those of manufactured productsIII=Investment in agriculture has been low when compared to investment in industry |
| A. | , II, III |
| B. | , II |
| C. | , III |
| D. | I, III |
| Answer» B. , II | |
| 17. |
The banks are required to maintain a certain ratio between their cash in the hand and total assets. This is called |
| A. | tatutory Bank Ratio (SBR) |
| B. | tatutory Liquid Ratio (SLR) |
| C. | entral Bank Reserve (CBR) |
| D. | entral Liquid Reserve (CLR) |
| Answer» C. entral Bank Reserve (CBR) | |
| 18. |
Asia’s first Export processing Zone (EPZ) was established in: |
| A. | urat |
| B. | ochin |
| C. | andla |
| D. | hennai |
| Answer» D. hennai | |
| 19. |
The Twenty Point programme (TPP) conceived with the objective of improving quality of life of people was first initiated in: |
| A. | 006 |
| B. | 986 |
| C. | 982 |
| D. | 975 |
| Answer» E. | |
| 20. |
What is the objective of ‘Sangam Yojna 1996’? |
| A. | o make Sangam region of Allahabad more attractive for tourists |
| B. | o make Ganga water pollution free |
| C. | o increase the welfare of the disabled |
| D. | o unite, various groups of Hindus |
| Answer» D. o unite, various groups of Hindus | |
| 21. |
Who is the author of the book Man and Economics? |
| A. | yron Scholes |
| B. | obert Mundel |
| C. | udi Dornbusch |
| D. | eorge Akerlof |
| Answer» C. udi Dornbusch | |
| 22. |
The concept of zero-based budgeting was given by: |
| A. | eter A. Payer. |
| B. | eter drucker |
| C. | agdish bhagwati |
| D. | one of these |
| Answer» B. eter drucker | |
| 23. |
Regional rural banksI=have limited area of operationII=have free access to liberal refinance facilities from NABARDIII=are required to lend only to weaker sections |
| A. | , III |
| B. | I, III |
| C. | , II, III |
| D. | , II |
| Answer» E. | |
| 24. |
The national food for work programme was launched in: |
| A. | ovember 2004 |
| B. | pril 2003 |
| C. | ay 2002 |
| D. | pril 2000 |
| Answer» B. pril 2003 | |
| 25. |
The largest producer of Coffee in the country is: |
| A. | erala |
| B. | amil Nadu |
| C. | ndhra Pradesh |
| D. | arnataka |
| Answer» E. | |
| 26. |
The Ex-Officio Secretary of National Development Council is: |
| A. | ecretary of Finance Ministry |
| B. | eneral Secretary of Lok Sabha |
| C. | ecretary of Planning Commission |
| D. | ice Chairman of Planning Commission |
| Answer» D. ice Chairman of Planning Commission | |
| 27. |
The chairman of 13th finance Commission was: |
| A. | ijay L. Kelkar. |
| B. | C Neogy |
| C. | and Kishore Singh |
| D. | V Reddy |
| Answer» B. C Neogy | |
| 28. |
As per the 2009-10, data the commodity with highest share in total export value was: |
| A. | ems and Jewellery. |
| B. | ngineering goods |
| C. | etroleum products |
| D. | ice |
| Answer» B. ngineering goods | |
| 29. |
As per the Prime Minister’s Economic Advisory Council (PMEAC) Economic Outlook 2011-12, Indian economy is expected to expand by: |
| A. | .2% in 2011-12 |
| B. | .0% in 2011-12 |
| C. | .5% in 2011-12 |
| D. | .8% in 2011-12 |
| Answer» C. .5% in 2011-12 | |
| 30. |
When personal direct taxes are subtracted from personal income the obtained value is called: |
| A. | ross Domestic Product (GDP) |
| B. | ational Income |
| C. | ross National Product (GNP) |
| D. | ersonal Income |
| Answer» D. ersonal Income | |
| 31. |
As per the targets of 11th Five year Plan (2007-12) Mortality Rate (2012) has been targeted at: |
| A. | per 1000 births |
| B. | per 10000 births |
| C. | per 100 births |
| D. | per 10 births |
| Answer» B. per 10000 births | |
| 32. |
SEBI which was established in April 1988 stands for: |
| A. | hare and Exchange Board of India |
| B. | ecurities and Exchange Board of India |
| C. | ecurities and Exchange Bureau of India |
| D. | ecurity and Economic Board of India |
| Answer» C. ecurities and Exchange Bureau of India | |
| 33. |
Unit Trust of India (UTI) was established in: |
| A. | 964 |
| B. | 904 |
| C. | 968 |
| D. | 970 |
| Answer» B. 904 | |
| 34. |
The total number of national highways in the country is: |
| A. | 20 |
| B. | 25 |
| C. | 28 |
| D. | 23 |
| Answer» D. 23 | |
| 35. |
Indian state with highest road length is: |
| A. | aharashtra |
| B. | ttar Pradesh |
| C. | ajasthan |
| D. | ndhra Pradesh |
| Answer» B. ttar Pradesh | |
| 36. |
The first fully Indian Bank is: |
| A. | unjab National Bank |
| B. | entral Bank of India |
| C. | anara Bank |
| D. | tate Bank of India |
| Answer» B. entral Bank of India | |
| 37. |
The programme which was launched in 1974-75 with the main objectives of improving the utilization of created irrigation potential is: |
| A. | ommand Area Development (CAD) |
| B. | ordial Area Development |
| C. | opper Area Development |
| D. | op Authority Development |
| Answer» B. ordial Area Development | |
| 38. |
In India Yellow revolution is associated with: |
| A. | roduction of tea |
| B. | roduction of oil seeds. |
| C. | roduction of flower |
| D. | roduction of paddy |
| Answer» C. roduction of flower | |
| 39. |
Unit Trust of India (UTI) was bifurcated (into UTI-I and UTI-II) in: |
| A. | he year 2005 |
| B. | he year 2000 |
| C. | he year 2003 |
| D. | he year 2001 |
| Answer» D. he year 2001 | |
| 40. |
The first Apparel Park in India has been established in: |
| A. | unalur (Kerala) |
| B. | irupur(Tamil Nadu) |
| C. | oth A and B |
| D. | one of the above |
| Answer» C. oth A and B | |
| 41. |
During which five year plan was the annual growth rate registered at 2.5%? |
| A. | econd Five Year Plan (1961-66) |
| B. | irst Five Year Plan (1961-66) |
| C. | ourth Five Year Plan (1961-66) |
| D. | hird Five Year Plan (1961-66) |
| Answer» E. | |
| 42. |
At present, the number of nationalized banks are: |
| A. | 9 |
| B. | 7 |
| C. | 5 |
| D. | 2 |
| Answer» E. | |
| 43. |
The main rubber producing state in the country is: |
| A. | erala |
| B. | amil Nadu |
| C. | arnataka |
| D. | yderabad |
| Answer» B. amil Nadu | |
| 44. |
The first national commission on labours was constituted on: |
| A. | ecember 24, 1966. |
| B. | ecember 24, 1967 |
| C. | ovember 24, 1966 |
| D. | ovember 24, 1967 |
| Answer» B. ecember 24, 1967 | |
| 45. |
Earn While you Learn scheme has been launched by: |
| A. | inistry of Tourism |
| B. | inistry of Youth |
| C. | oth A and B |
| D. | one of these |
| Answer» B. inistry of Youth | |
| 46. |
National Income estimates in India is prepared by: |
| A. | lanning Commission |
| B. | eserve Bank Of India |
| C. | entral Statistical Organisation (CSO) |
| D. | ndian Statistical Institute |
| Answer» D. ndian Statistical Institute | |
| 47. |
Meera Seth committee was related to: |
| A. | evelopment of Handlooms |
| B. | ex discrimination at work place |
| C. | emale foeticide |
| D. | anking sector |
| Answer» B. ex discrimination at work place | |
| 48. |
For International money transfer which Indian public sector bank has signed MoU with MoneyGram company of America? |
| A. | tate Bank of India |
| B. | ank of Baroda |
| C. | unjab National Bank |
| D. | entral Bank of India |
| Answer» D. entral Bank of India | |
| 49. |
National Electricity Policy envisages elimination of power shortage by 2012 through addition of: |
| A. | 0000 Megawatt |
| B. | 5000 Megawatt |
| C. | 00000 Megawatt. |
| D. | 25000 Megawatt |
| Answer» D. 25000 Megawatt | |
| 50. |
Government has merged Annapurna Scheme with: |
| A. | ational Old Age Pension Scheme |
| B. | jjwala |
| C. | RDP |
| D. | one of these |
| Answer» B. jjwala | |