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.
| 151. |
With reference to Indian economy, consider the following statements: 1. The Gross Domestic Product (GDP) has increased by four times in the last 10 years. 2. The percentage share of Public Sector in GDP has declined in the last 10 years. Which of the statements given above is/are correct? [IAS 2010] |
| A. | 1 only |
| B. | 2 only |
| C. | Both 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» C. Both 1 and 2 | |
| 152. |
Which of the following is NOT an economic empowerment scheme launched by the Govt. of India for the benefit of various sections of society? [Punjab & Sindh Bank 2011] |
| A. | STEP |
| B. | Swayamsidha |
| C. | KALPANA-1 |
| D. | Swadhar |
| Answer» D. Swadhar | |
| 153. |
The success of the Green Revolution does not require: |
| A. | adequate irrigation facilities |
| B. | availability of high yielding seeds |
| C. | pesticides and chemical fertilizers |
| D. | large scale mechanization |
| Answer» E. | |
| 154. |
Which of the following factors contributes to an inflationary trend? |
| A. | 15% fall in production of industrial goods |
| B. | 15% increase in prices of agricultural products |
| C. | 15% increase in supply of money in the market |
| D. | none of these |
| Answer» D. none of these | |
| 155. |
Which of the following accounts for Cost-Push Inflation? |
| A. | Increase in money supply |
| B. | Increase in indirect taxation |
| C. | Increase in population |
| D. | Increase in non-plan expenditure |
| Answer» C. Increase in population | |
| 156. |
Which of the following is the Banker of the Banks? [Railways 1995] |
| A. | IDBI |
| B. | SBI |
| C. | RBI |
| D. | SBI and RBI |
| Answer» D. SBI and RBI | |
| 157. |
Parallel economy emerges due to |
| A. | Tax avoidance |
| B. | tax evasion |
| C. | tax abiding |
| D. | none |
| Answer» C. tax abiding | |
| 158. |
India's economic zone extends ______ miles off its coast: |
| A. | 100 |
| B. | 150 |
| C. | 200 |
| D. | 250 |
| Answer» D. 250 | |
| 159. |
Investment in public works is known as : |
| A. | revenue expenditure |
| B. | capital expenditure |
| C. | current expenditure |
| D. | either (a) or (b) |
| Answer» C. current expenditure | |
| 160. |
Which of the following are the public sector undertakings of the Government of India? 1. Balmer Lawrie and Company Ltd. 2. Dredging Corporation of India 3. Educational Consultants of India Ltd. Select the correct answer using the code given below [IAS 2008] |
| A. | 1 and 2 only |
| B. | 2 and 3 only |
| C. | 1 and 3 only |
| D. | 1, 2 and 3 |
| Answer» E. | |
| 161. |
First Five Year Plan was based on … |
| A. | Harrod-Domar Model |
| B. | Mahalanobis Model |
| C. | Sukhmoy Chakraborty |
| D. | none |
| Answer» B. Mahalanobis Model | |
| 162. |
Of the various ways of financing government's investment expenditure, the leastinflationary is : [PCS 1994] |
| A. | foreign aid |
| B. | deficit financing |
| C. | taxation |
| D. | public borrowing |
| Answer» D. public borrowing | |
| 163. |
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) | |
| 164. |
Which of the following is not a method of estimating national income? [I. Tax & CentralExcise 1991] |
| A. | Income method |
| B. | Value-added method |
| C. | Expenditure method |
| D. | Export-import method |
| Answer» E. | |
| 165. |
According to 'Ease of doing business index' what is India's ranking |
| A. | 63 |
| B. | 68 |
| C. | 85 |
| D. | none |
| Answer» B. 68 | |
| 166. |
The Zero Base Budgeting in India was first experimented from: |
| A. | April, 1987 |
| B. | April, 2000 |
| C. | April, 1991 |
| D. | None of these |
| Answer» B. April, 2000 | |
| 167. |
Which of the following agencies has the power to declare any industrial unit as apotentially sick unit? [CDS 2000] |
| A. | BIFR |
| B. | MRTPC |
| C. | FICCI |
| D. | IRBI |
| Answer» B. MRTPC | |
| 168. |
In terms of economy, the visit by foreign nationals to witness the XIX Common Wealth Games in India amounted to [CSAT 2011] |
| A. | Export |
| B. | Import |
| C. | Production |
| D. | Consumption |
| Answer» B. Import | |
| 169. |
According to nominal Net State domestic product per capita ----- is the richest state inIndia. |
| A. | Haryana |
| B. | Delhi |
| C. | Goa |
| D. | none |
| Answer» D. none | |
| 170. |
In which year, some more commercial banks (in addition to the first lot of 14) werenationalised in India? |
| A. | 1976 |
| B. | 1979 |
| C. | 1980 |
| D. | 1982 |
| Answer» D. 1982 | |
| 171. |
As per the reports published- in various journals and newspapers the 'small borrowers' in rural areas still prefer to take informal route for their credit needs. Which of the following is the 'informal route' of credit in financial sector? [Punjab & Sindh Bank 2011] |
| A. | Credit cards |
| B. | Loan against gold from financial institute |
| C. | Debit cards |
| D. | Money lender |
| Answer» E. | |
| 172. |
What is the correct sequence of the following strategies used for Five Year Plans inIndia? 1. Balanced growth 2. Rehabilitation of the economy 3. Industrial development |
| A. | 1, 3, 2 |
| B. | 2, 1, 3 |
| C. | 2, 3, 1 |
| D. | 3, 2, 1 |
| Answer» D. 3, 2, 1 | |
| 173. |
Which of the following is not an affiliate of the Reserve Bank of India? |
| A. | Unit Trust of India |
| B. | The Industrial Development Bank of India |
| C. | Agricultural Refinance Corporation |
| D. | Deposit Insurance Corporation |
| Answer» B. The Industrial Development Bank of India | |
| 174. |
The inflation experienced in the country at present is: |
| A. | galloping inflation |
| B. | secondary inflation |
| C. | unrealistic inflation |
| D. | cost-push inflation |
| Answer» E. | |
| 175. |
For international payments, the Indian currency is linked to : |
| A. | American Dollar |
| B. | British Sterling |
| C. | Gold Standard |
| D. | None of the above |
| Answer» B. British Sterling | |
| 176. |
In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities? [CSAT 2011] |
| A. | Commercial Banks |
| B. | Cooperative Banks |
| C. | Regional Rural Banks |
| D. | Microfinance Institutions |
| Answer» B. Cooperative Banks | |
| 177. |
In which type of unemployment do the marginal productivity of the workers is zero? |
| A. | Disguised Unemployment |
| B. | Involuntary unemployment |
| C. | Seasonal unemployment |
| D. | Structural Unemployment |
| Answer» B. Involuntary unemployment | |
| 178. |
Who is the chairman of 13th Finance Commission? |
| A. | C. Rangarajan |
| B. | M.N. Vohra |
| C. | Bimal Jalan |
| D. | Vijay Kelkar |
| Answer» E. | |
| 179. |
In gender inequality index India ranks at 122 out of 162 countries |
| A. | 157 |
| B. | 104 |
| C. | 122 |
| D. | none |
| Answer» D. none | |
| 180. |
Many a times, we read about Special Drawing Right (SDR) in newspapers. As per its definition. SDR is a monetary unit of the reserve assets of which of the following organizations/agencies? [SBI PO 2010] |
| A. | World Bank |
| B. | International Monetary Fund (IMF) |
| C. | Asian Development Bank |
| D. | Reserve Bank of India |
| Answer» C. Asian Development Bank | |
| 181. |
In terms of total trade (export + import), which among the following is the largest trading partner of India? |
| A. | U.S. |
| B. | China |
| C. | U.K. |
| D. | none |
| Answer» C. U.K. | |
| 182. |
The following is the list of four integrated steel plants in the country [CDS 1991] 1. Bhilai 2. TISCO 3. IISCO 4. Bokaro Which of the following combinations lists all the plants in the public sector ? |
| A. | 1, 2 and 4 |
| B. | 1, 3 and 4 |
| C. | 2, 3 and 4 |
| D. | None of these |
| Answer» C. 2, 3 and 4 | |
| 183. |
Among Indian Economists who had done pioneering work on National Income ? |
| A. | P. N. Dhar |
| B. | Jagdish Bhagwati |
| C. | V. K. R.V. Rao |
| D. | Prof. Shenoi |
| Answer» D. Prof. Shenoi | |
| 184. |
According to the RBI directions, a NBFC (Non-Banking Finance Company) must possess a Net-owned Fund of the amount: |
| A. | minimum Rs.5 lakh |
| B. | minimum Rs. 10 lakh |
| C. | minimum Rs. 25 lakh |
| D. | minimum Rs. 50 lakh |
| Answer» D. minimum Rs. 50 lakh | |
| 185. |
Once the demands for grants and expenditure of different departments are passed by the Parliament, a bill to draw money from Consolidated Fund India for these purposes is introduced. This bill is called: |
| A. | finance bill |
| B. | money bill |
| C. | appropriation bill |
| D. | credit budget bill |
| Answer» D. credit budget bill | |
| 186. |
Balance in capital account refer to the |
| A. | Nation’s net exports of goods and services |
| B. | Nation’s net exports of financial claims |
| C. | Nation’s net exports of international official reserve assets |
| D. | Nation’s sum of net exports of goods, services and financial |
| Answer» E. | |
| 187. |
The 'gilt-edged' market deals in : [UP PCS 2002] |
| A. | worn and torn currency notes |
| B. | bullion |
| C. | Govt. securities |
| D. | Corporate bonds |
| Answer» C. Govt. securities | |
| 188. |
Which one of the following situations makes a firm most efficient? [CDS 2002] |
| A. | Falling average costs |
| B. | Rising average costs |
| C. | Constant average costs |
| D. | Lowest average costs |
| Answer» E. | |
| 189. |
Both Foreign Direct Investment (FOI) and Foreign Institutional Investor (FII) are related to investment in a country. Which one of the following statements best represents an important difference between the two? [CSAT 2011] |
| A. | FII helps bring better management skills and technology, while FDI only brings in capital |
| B. | FII helps in increasing capital availability in general, while FDI only targets specific sectors |
| C. | FDI flows only into the secondary market, while FII targets primary market |
| D. | FII is considered to be more stable than FDI |
| Answer» C. FDI flows only into the secondary market, while FII targets primary market | |
| 190. |
Since 1951, in India: |
| A. | national income has increased but per capita income has decreased |
| B. | national and per capita incomes have both increased fast |
| C. | national income has increased and per capita income has also increased but at a slower rate |
| D. | national income and per capita income have increased every year |
| Answer» D. national income and per capita income have increased every year | |
| 191. |
The Imperial Bank of India, after nationalisation was given the name of: |
| A. | Reserve Bank of India |
| B. | Bank of India |
| C. | State Bank of India |
| D. | Indian Overseas Bank |
| Answer» D. Indian Overseas Bank | |
| 192. |
Why is agricultural productivity in India low both on the basis of per worker and perhectare 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 | |
| 193. |
Swarn Jayanti Gram Swa-Rozgar Yojna came into being in : [UPPCS 2002] |
| A. | April 1995 |
| B. | April 1997 |
| C. | April 1999 |
| D. | July 2001 |
| Answer» D. July 2001 | |
| 194. |
Operation Blackboard aims at |
| A. | promoting adult literacy |
| B. | providing education to urban slum dwellers |
| C. | opening of new schools specially for female children |
| D. | providing primary education in an educationally backward area |
| Answer» B. providing education to urban slum dwellers | |
| 195. |
Among the achievements of Indian planning, we may include: 1. development of strong infrastructure 2. diversification of industry and exports 3. high growth of national income 4. strong control over prices |
| A. | 1 and 2 |
| B. | 1, 2 and 3 |
| C. | 1, 2 and 4 |
| D. | 2 and 3 |
| Answer» B. 1, 2 and 3 | |
| 196. |
After 1991, the Central Government implemented various far-reaching reforms in thearea of taxation. This was based on the recommendations of the: [CDS 1999] |
| A. | Wanchoo Committee |
| B. | Rajah Chelliah Committee |
| C. | Raj Committee |
| D. | Narsimhan Committee |
| Answer» C. Raj Committee | |
| 197. |
The performance of which of the following industries is considered performance of thecore industry? [RBI Grade B Officer 2011] |
| A. | Garments |
| B. | Leather |
| C. | IT |
| D. | Oil and Petroleum |
| Answer» E. | |
| 198. |
Which of the following are the main causes of slow rate of growth of per capita incomein India? [IAS 1993] 1. High capital-output ratio 2. High rate of growth of population 3. High rate of capital formation 4. 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 | |
| 199. |
M3 includes: |
| A. | M1 + T.D |
| B. | M1 + post office saving deposit |
| C. | M1 +- post office total deposit |
| D. | M1 + national saving certificate |
| Answer» B. M1 + post office saving deposit | |
| 200. |
The basic objectives of Indian planning are: 1. economic growth 2. self-reliance 3. employment generation 4. population growth |
| A. | 1, 2 and 4 |
| B. | 1, 2 and 3 |
| C. | 2 and 3 |
| D. | 1, 2, 3 and 4 |
| Answer» C. 2 and 3 | |