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.
| 201. |
GDR means: |
| A. | 'gross domestic ratio' which is a macro aggregate |
| B. | 'global depository receipt' which is the mechanism to raise funds from international market |
| C. | 'global development range' which has been set up by UNO for developing countries |
| D. | 'geographically developed regions' as defined by the UNDP |
| Answer» C. 'global development range' which has been set up by UNO for developing countries | |
| 202. |
The growth rate of agricultural production was negative in the: |
| A. | First Plan |
| B. | Second Plan |
| C. | Third Plan |
| D. | Fourth Plan |
| Answer» D. Fourth Plan | |
| 203. |
The sum of which of the following constitutes Broad Money in India? [IAS 1997] 1. Currency with the public 2. Demand deposits with banks 3. Time deposits with banks 4. Other deposits with RBI Choose the correct answer using the codes given below: |
| A. | 1 and 2 |
| B. | 1, 2 and 3 |
| C. | 1, 2, 3 and 4 |
| D. | 1, 2 and 4 |
| Answer» D. 1, 2 and 4 | |
| 204. |
The Indian income tax is : 1. direct 2. progressive 3. indirect 4. proportional |
| A. | 1and 2 |
| B. | 1and 4 |
| C. | 2 and 3 |
| D. | 3 and 4 |
| Answer» B. 1and 4 | |
| 205. |
Which of the following would signify scarcity in economics? |
| A. | Production of 100 kg of a certain item instead of the targeted 150 kg |
| B. | Availability of 10 kg of rice against a demand for 15 kg |
| C. | Availability of post-graduates for jobs of typists |
| D. | Quantity supplied remains the same when price changes |
| Answer» C. Availability of post-graduates for jobs of typists | |
| 206. |
Among the following who are eligible to benefit from the "Mahatma Gandhi National Rural Employment Guarantee Act" ? [CSAT 2011] |
| A. | Adult members of only the scheduled Caste and scheduled tribe households |
| B. | Adult members of below poverty line (BPL) households |
| C. | Adult members of households of all backward communities |
| D. | Adult members of any household |
| Answer» E. | |
| 207. |
Which is the state with minimum sex ratio in India? |
| A. | Chandigarh |
| B. | Delhi |
| C. | Haryana |
| D. | Punjab |
| Answer» D. Punjab | |
| 208. |
New exim policy has choosen a town for the pottery export : |
| A. | Panipat |
| B. | Moradabad |
| C. | Khurja |
| D. | Agra |
| Answer» D. Agra | |
| 209. |
"Sunrise Industries" are Industries: |
| A. | which are well-developed and have ample scope for further development |
| B. | which improve export performance of the country |
| C. | which are small-scale industries |
| D. | which have high growth potential and meet further requirements of the economy |
| Answer» E. | |
| 210. |
The primary objective of Unit Trust of India is: |
| A. | to assist the industries in financial difficulties |
| B. | to diffuse the benefit of development among the masses |
| C. | to accumulate funds for public investment expenditure |
| D. | to promote the investment habit among those who have not been able to diversify investment risk |
| Answer» E. | |
| 211. |
Why is the Government of India disinvesting its equity in the Central Public Sector Enterprises (CPSEs)? 1. The Government intends to use the revenue earned from the disinvestment mainly to pay back the external debt. 2. The Government no longer intends to retain the management control of the CPSEs. Which of the statements given above is/are correct? [CSAT 2011] |
| A. | 1 only |
| B. | 2 only |
| C. | Both 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» E. | |
| 212. |
Consider the following statements: [IAS 2004] 1. National Thermal Power Corporation has diversitled into hydropower sector 2. Power Grid Corporation of India has diversified into telecom sector 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» B. 2 only | |
| 213. |
There are three major groups of commodities in the Wholesale Price Index. These are: 1. primary articles 2. fuel, power, light and lubricants 3. manufactured products 4. food articles and industrial raw materials |
| A. | 1, 2 and 3 |
| B. | 2, 3 and 4 |
| C. | 1, 3 and 4 |
| D. | 1 and 3 |
| Answer» B. 2, 3 and 4 | |
| 214. |
Which of the following is poorest state in India? |
| A. | Odisha |
| B. | Bihar |
| C. | U.P. |
| D. | M.P. |
| Answer» B. Bihar | |
| 215. |
The basic feature of the Rolling Plans was that: |
| A. | no physical targets were visualized |
| B. | revision of the achievements, of previous year |
| C. | annual fluctuations in prices and major economic developments could be considered while fixing targets |
| D. | no financial target except in the term of annual plans was envisaged |
| Answer» D. no financial target except in the term of annual plans was envisaged | |
| 216. |
Which of the following is correct regarding the Gross Domestic Saving In India? [Asstt Grade 1992] |
| A. | Contribution of Household sector is the largest |
| B. | Contribution of Government sector is the largest |
| C. | Contribution of Corporate sector is the largest |
| D. | None of these |
| Answer» B. Contribution of Government sector is the largest | |
| 217. |
As per the reports published in the newspapers the banks, particularly public sector banks are tying up with various rating agencies for providing a qualitative assessment of the credit needs of the borrowers. Which amongst the following is/are such credit rating agencies in India? [Punjab & Sindh Bank 2011] (A) CARE (B) CRISIL (C) ULlP |
| A. | Only A |
| B. | Only B |
| C. | A and B only |
| D. | Only C |
| Answer» D. Only C | |
| 218. |
Which of the following combinations is correct? [IFS 1989] |
| A. | NABARD-Industrial Loans |
| B. | IDBI-Short term loans |
| C. | RBI-Long term finance |
| D. | RRB-Agricultural finance |
| Answer» E. | |
| 219. |
What is the role of 'Over-the Counter Exchange' (OTC)? |
| A. | Help in the introduction of multi-tiered markets and import liquidity to them |
| B. | Help to overcome the balance of payment crisis |
| C. | To arrange funds from different foreign banks of developing/ under developing countries |
| D. | All of the above |
| Answer» B. Help to overcome the balance of payment crisis | |
| 220. |
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 Plan 2. These are located in the steel raw material belt 3. 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 | |
| 221. |
Consider the following statements : [IAS 2004]India continues to be dependent on imports to meet the requirement of oilseeds in the country because: 1. farmers prefer to grow food grains with highly remunerative support prices 2. most of the cultivation of oilseed crops continues to be dependent on rainfall 3. oils from the seeds of tree origin and rice bran have remained unexploited 4. it is far cheaper to import oilseeds than to cultivate the oilseed crops Which of the statements given above are correct? |
| A. | 1 and 2 |
| B. | 1, 2 and 3 |
| C. | 3 and 4 |
| D. | 1, 2, 3 and 4 |
| Answer» C. 3 and 4 | |
| 222. |
Gross National Product at market prices is defined as : [CPO AC 2003] |
| A. | the market value of all final goods and services produced in an economy taking into account net factor income from abroad |
| B. | the market value of all final goods and services produced in an economy |
| C. | the market value of all final goods and services produced in an economy plus indirect taxes |
| D. | the market value of all final goods and services produced in an economy plus indirect taxes minus subsidies |
| Answer» B. the market value of all final goods and services produced in an economy | |
| 223. |
Which among the following is not correct with regard to Sampoorna Grameen Rozgar Yojana? 1. The case component of the programme is borne exclusively by the Central Government. 2. Foodgrains are provided free of cost to the States/Union Territories. Select the answer using the codes given below [NDA 2008] |
| A. | 1 only |
| B. | 2 only |
| C. | Both 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» C. Both 1 and 2 | |
| 224. |
Many a times we read about the priority sector in newspapers. Which of the following is/are considered segment(s) of Priority Sector in India? [Punjab & Sindh Bank 2011] (A) Agriculture (B) Small Scale Industry (C) Textile Industry |
| A. | Only A |
| B. | Only B |
| C. | Only C |
| D. | All A, B & C |
| Answer» E. | |
| 225. |
A steady increase in the general level of prices as a result of excessive increase in aggregate demand as compared to aggregate supply is termed as : [CDS 1999] |
| A. | demand-pull inflation |
| B. | cost-push inflation |
| C. | stagflation |
| D. | structural inflation |
| Answer» B. cost-push inflation | |
| 226. |
The national income of India is estimated mainly through: [CBI 1993] |
| A. | production method alone |
| B. | expenditure method alone |
| C. | production and expenditure methods |
| D. | production and income methods |
| Answer» E. | |
| 227. |
Which of the following is not required while computing Gross National Product (GNP)?[Asstt Grade 1992] |
| A. | Net foreign investment |
| B. | Private investment |
| C. | Per capita income of citizens |
| D. | Purchase of goods by government |
| Answer» D. Purchase of goods by government | |
| 228. |
As per Ministry of Statistics & Program Implementation, what is the contribution ofsecondary 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 | |
| 229. |
Disguised unemployment in India is mainly related to : 1. agricultural sector 2. rural area 3. factory sector 4. urban area |
| A. | 1 and 2 |
| B. | 1 and 3 |
| C. | 2 and 4 |
| D. | 3 and 4 |
| Answer» B. 1 and 3 | |
| 230. |
When the ratio of indirect taxes to total taxation revenue is very high, it leads to : 1. rise in the price level 2. higher taxation burden on the rich 3. higher taxation burden on the poor 4. fall in tax revenues |
| A. | 1 and 2 |
| B. | 1 and 3 |
| C. | 1, 2 and 4 |
| D. | 1, 3 and 4 |
| Answer» C. 1, 2 and 4 | |
| 231. |
Consider the following statements: (A) In India since independence the share of the primary sector has been declining while the shares. of the secondary and tertiary sectors have been increasing (B) This trend shows that Indian economy is passing through the transition from an agricultural to an industrial economy While one of the following is correct? |
| A. | both A and Bare correct |
| B. | both A and Bare wrong |
| C. | A is correct, B is wrong |
| D. | A is wrong, B is correct |
| Answer» B. both A and Bare wrong | |
| 232. |
Arbitrage implies: |
| A. | practice of taking advantage of rice difference in two markets |
| B. | the practice of under invoicing exports |
| C. | the practice of dumping viz., selling goods in a foreign market cheaper than the home market |
| D. | the practice of over-invoicing imports |
| Answer» B. the practice of under invoicing exports | |
| 233. |
National income is the same as: |
| A. | Net Domestic Product at market price |
| B. | Net Domestic Product at cost factor |
| C. | Net National Product at market price |
| D. | Net National Product at factor cost |
| Answer» E. | |
| 234. |
In India, present trend of rapid urbanisation is due to: |
| A. | lack of employment opportunities in rural areas |
| B. | influence of cinema and electronic media |
| C. | break up of joint family system |
| D. | abolition of zamindari system |
| Answer» B. influence of cinema and electronic media | |
| 235. |
Inflationary Gap is a situation characterized by: |
| A. | excess of Aggregate Demand over Aggregate Supply at the full employment level |
| B. | gap between Galloping Inflation and Runaway Inflation |
| C. | Inflation coupled with recession |
| D. | Inflation that usually prevails in a developing country |
| Answer» B. gap between Galloping Inflation and Runaway Inflation | |
| 236. |
Poverty Gap is : |
| A. | the difference between poverty line and actual income levels of all those living below that line |
| B. | gap between the rich and the poor |
| C. | gap between developed nations and developing nations |
| D. | gap in infrastructural facilities between developed and developing nations |
| Answer» B. gap between the rich and the poor | |
| 237. |
Under Indira Gandhi National Old Age Pension Scheme (lGNOAPS), the benefits are available to the people having minimum age of ____ [Bank of India PO 2010] |
| A. | 50 years |
| B. | 55 years |
| C. | 65 years |
| D. | 60 years |
| Answer» D. 60 years | |
| 238. |
The minimum effect of Direct Taxes is on : |
| A. | food price |
| B. | consumer goods |
| C. | capital goods |
| D. | income |
| Answer» E. | |
| 239. |
70% of working population of India is engaged in: |
| A. | public sector |
| B. | primary sector |
| C. | secondary sector |
| D. | tertiary sector |
| Answer» C. secondary sector | |
| 240. |
Which state produces maximum Soyabean? |
| A. | Madhya Pradesh |
| B. | Uttar Pradesh |
| C. | Bihar |
| D. | Rajasthan |
| Answer» B. Uttar Pradesh | |
| 241. |
Buyer's market denotes the place where: |
| A. | the supply exceeds the demand |
| B. | the demand exceeds the supply |
| C. | the demand and supply are well balanced |
| D. | commodities are available at competitive rates |
| Answer» C. the demand and supply are well balanced | |
| 242. |
The acronym SRO, being used in the capital market for various market participants, stands for which one of the following? [CDS 2008] |
| A. | Self-Regulatory Organisations |
| B. | Small Revenue Operators |
| C. | Securities Roll-back Operators |
| D. | Securities Regulatory Organisations |
| Answer» B. Small Revenue Operators | |
| 243. |
Railway Budget in India was separated from general budget in : |
| A. | 1924-25 |
| B. | 1941-42 |
| C. | 1947-48 |
| D. | 1950-51 |
| Answer» B. 1941-42 | |
| 244. |
Buffer stocks of foodgrains have helped the Government to achieve all but one of the following: |
| A. | solve food problem |
| B. | maintain Public Distribution System |
| C. | implement employment generation programmes |
| D. | provide balanced diet to masses |
| Answer» E. | |
| 245. |
VAT is alternate of: |
| A. | state tax |
| B. | central tax |
| C. | both (a) and (b) |
| D. | neither (a) nor (b) |
| Answer» C. both (a) and (b) | |
| 246. |
Deficit financing leads to inflation in general, but it can be checked if: |
| A. | government expenditure leads to increase in aggregate supply in ratio of aggregate demand |
| B. | aggregate demand is increased only |
| C. | all the expenditure is denoted national debt payment only |
| D. | all the above |
| Answer» B. aggregate demand is increased only | |
| 247. |
When the Reserve Bank of India announces an increase of the Cash Reserve 'Ratio, what does it mean? [IAS 2010] |
| A. | The commercial banks will have less money to lend |
| B. | The Reserve Bank of India will have less money to lend |
| C. | The Union Government will have less money to lend |
| D. | The commercial banks will have more money to lend |
| Answer» B. The Reserve Bank of India will have less money to lend | |
| 248. |
If saving exceeds investment, the national income will : |
| A. | fall |
| B. | rise |
| C. | fluctuate |
| D. | remain constant |
| Answer» E. | |
| 249. |
In India, maximum number of workers are employed in : |
| A. | textile industry |
| B. | iron and steel industry |
| C. | petrochemical industry |
| D. | automobile industry |
| Answer» B. iron and steel industry | |
| 250. |
Gadgil Formula refers to the allocation of: |
| A. | market borrowings between the States |
| B. | Central Plan assistance between the States |
| C. | tax proceeds between the States |
| D. | foreign aid between the Centre and States |
| Answer» D. foreign aid between the Centre and States | |