Explore topic-wise MCQs in General Knowledge.

This section includes 426 Mcqs, each offering curated multiple-choice questions to sharpen your General Knowledge knowledge and support exam preparation. Choose a topic below to get started.

51.

In economics the terms 'Utility' and 'Usefulness' have

A. Same meaning
B. different meaning
C. Opposite meaning
D. none of these
Answer» C. Opposite meaning
Discussion
52.

Who was the author of the book 'India's Economic Policy: The Gandhian Blue Print'

A. Chaudhary Charan Singh
B. Jai Prakash Narayan
C. Mon Mohan Singh
D. Acharya Vinoba Bhave
Answer» B. Jai Prakash Narayan
Discussion
53.

Who among the following released 'Citizens guide to fight corruption'?

A. Ministry of Family Welfare
B. Consumer Co-operative Societies
C. Central Vigilence Commission
D. Transparency International
Answer» E.
Discussion
54.

Who said 'Economics is the Science of Wealth'?

A. Adam Smith
B. Robbin
C. J.S. Mill
D. Keynes
Answer» B. Robbin
Discussion
55.

'Golden Hand Shake Scheme' in India is related with

A. Voluntary Retirement
B. Indian Gold Dealers
C. Foreign Gold Dealers in India
D. Promoting Trade in Gold
Answer» B. Indian Gold Dealers
Discussion
56.

The book 'The Argumentative Indian' is written by

A. Mulk Raj Anand
B. Dan Brown
C. Bimal Jalan
D. Amartya Sen
Answer» E.
Discussion
57.

Which of the following in NOT a part of the 'Second-generation of Economic Reforms' identified by the Government?

A. Oil-sector Reforms
B. Public-sector Reforms
C. Reform of Government and Public Institutions
D. Legal System Reforms
Answer» E.
Discussion
58.

Match List-I withList-II and select the correct answer using the code given below the lists
List-IList-II
F Boom1.Business activity at high level with increasing income, output and employmentatmacro level.
G Recession2.Gradual fall of income, output and employment with business activity in a low gear.
H Depression3.Unprecedentated level of under employment and unemployment, drastic fall in income, output and employment.
J Recovery4.steady rise the general level of prices, income output and employment.
Code
F G H J
A. 1234
B. 1243
C. 2143
D. 2134

Directins (89-90) The follwing items consist of two statements : One labelled as 'Assertion' (A) and the other 'Reason' (R) You are to examine there two statements carefully and select the answers to there items using the code given below:
Codes

A. Both A and R are individually true and R is the correct explanation of A
B. Both A and R are individually true and R is the correct explanation of A
C. A is true R is false
D. A is false but R is true
Answer» B. Both A and R are individually true and R is the correct explanation of A
Discussion
59.

The relationship between the value of money and the price level in an economy is

A. Direct
B. Inverse
C. Proportional
D. Stable
Answer» C. Proportional
Discussion
60.

Very often we read about the Doha Ministerial Conference 2001 in reference to WTO negotiations. What were the major issues over which nations were of different opinions ?
1. Providing subsidy to agriculture.
2. Export of patented drugs / medicines by developed nations.
3. Restriction on natural movement of people from one nation to ther :

A. only 1
B. only 2
C. only 3
D. Both 1 and 3
Answer» B. only 2
Discussion
61.

With reference to United Nations, consider the following statements
1. The Economic and Social council (ECOSOC) of UN consists of 24 member States.
2. It is elected by a 2/3 majority of the General Assembly for a 3 years term.
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» C. Both 1 and 2
Discussion
62.

Consider the following statements :
1. The Comnmonwealth has no charter, treaty or constitution.
2. All the territories / countries once under the British empire (jurisdiction / rule / mandate ) automatically joined the commonwealth as its members.
Which of the statement given above is/are correct ?

A. 1 only
B. 2 only
C. Both 1 and 2
D. Neither 1 nor 2
Answer» E.
Discussion
63.

Consider the following pairs :
Organisation Location of Headquarters
1. Asian Development Bank : Tokyo
2. Asia-Pacific Economic Cooperation : Singapore
3. Association of South East Asian Nations : Bangkok Which of the above pairs is / are correct match ?

A. 1 and 2 only
B. 2 only
C. 2 and 3 only
D. 3 only
Answer» C. 2 and 3 only
Discussion
64.

Consider the following statements about IAEA
1. It was set up as the world's atoms for peace organization in 1957.
2. The IAEA Secretariat is headquartered at the Vienna International Centre in Vienna, Austria.
3. In terms of its Statute, the IAEA reports annually to the UN General Assembly.
Which of the statements given above is / are correct ?

A. 1, 2 and 3
B. 1
C. 2 and 3 only
D. 3 only
Answer» B. 1
Discussion
65.

Match the following:
List-I (Organisations) List-II (Headquarters)
A.United Nations Industrial Organisation 1.Geneva
B.Food and Agricultural Organisation2. Paris
C.World Health Organisation 3. Berne
D. United Nations Educational, Scientific and Cultural Organisation 4.Rome
5.Vienna

A. a-3, b-4, c-2, d-1
B. a-5, b-2, c-4, d-3
C. a-4, b-3, c-2, d-5
D. a-5, b-4, c-1, d-2
Answer» E.
Discussion
66.

Where was the first conference of SAARC
(South Asian Association for Regional Cooperation) held?

A. Kathmandu
B. Dhaka
C. New Delhi
D. Colombo
Answer» C. New Delhi
Discussion
67.

Consider the following statements :
1. Brazil.
2. Mexico.
3. South Africa.
According to UNCTAD, which of the above is / are categorized as "Emerging Economies" ?

A. 1 only
B. 1 and 3 only
C. 2 and 3 only
D. 1, 2 and 3 all
Answer» E.
Discussion
68.

IMF was established to meet which of the following objectives?
(A) Promoting International Monetary Cooperation
(B) Expanding International trade
(C) Lessening the disequilibrium in balance of trade
(D) Avoiding competitive exchange depreciation

A. (A), (B) and (C)
B. (A), (C) and (D)
C. (B) and (D)
D. (A), (B), (C) and (D)
Answer» B. (A), (C) and (D)
Discussion
69.

Consider the following countries
1. Brunei Darussalam
2. East Timor
3. Laos
Which of the above is / are member / members of ASEAN ?

A. 1 only
B. 2 and 3 only
C. 1 and 3 only
D. 1, 2 and 3
Answer» D. 1, 2 and 3
Discussion
70.

How many permanent members are there in the Security Council?

A. Three
B. Five
C. Six
D. Four
Answer» C. Six
Discussion
71.

Under the rules of the IMF, each member is required to declare the par value of its legal tender money in terms of U.S. dollars and
A. Silver
B. Gold
C. Pound sterling
D. Diamond
Answer» C. Pound sterling
Discussion
72.

Which Indian got Nobel Prize for Economics?

A. Khorana
B. C.V.Raman
C. Teressa
D. Amartya Sen
Answer» E.
Discussion
73.

'The Doing business Report', an international publication is published every year by which of the following organisation (s)?
1. World Bank
2. WTO
3. RBI
Codes

A. Only 1
B. Only 2
C. Only 3
D. Both 1 and 2
Answer» B. Only 2
Discussion
74.

Which Indian got

A. Khorana
B. C.V.Raman
C. Teressa
D. Amartya Sen
Answer» E.
Discussion
75.

Karl Marx

A. Empirical liberalism
B. Extentialism
C. Darwin's theory of evolution
D. Dialectical materialism
Answer» E.
Discussion
76.

'World Development Report'

A. International Bank of reconstruction and Development (IBRD) / World bank
B. United Nations Development Programme (UNDP)
C. World Trade Organisation (WTO)
D. International Monetary Fund (IMF)
Answer» B. United Nations Development Programme (UNDP)
Discussion
77.

Special Drawing Rights (SDR)

A. International Monetary Fund (IMF)
B. International Bank for Reconstruction and Development (IBRD)/ World Bank
C. International Development Association (IDA)
D. Organisation of Economic Co-operation and Development (OECD)
Answer» B. International Bank for Reconstruction and Development (IBRD)/ World Bank
Discussion
78.

S.D.R

A. Special Drawing Rights
B. State Drawing Rights
C. Special Dollar Rights
D. Specific Dollar Rights
Answer» B. State Drawing Rights
Discussion
79.

Consider the following organisations

A. 1 and 2
B. 2 and 3
C. 3 and 4
D. 1, 2 3 and 4
Answer» E.
Discussion
80.

Regarding the

A. It can grant loans to any country
B. It can grant loans to only development countries
C. It grants loans to only member countries
D. It can grant loans to the Central Bank of a country
Answer» D. It can grant loans to the Central Bank of a country
Discussion
81.

IMF

A. 1, 2 and 3
B. 1, 3 and 4
C. 2 and 4
D. 1, 2, 3, and 4
Answer» B. 1, 3 and 4
Discussion
82.

How is the

A. Bandug Conference
B. Bretton Woods Conference
C. Versailles Conference
D. Yalta Conference
Answer» D. Yalta Conference
Discussion
83.

Which of the following organisation is to organise

A. CENTO
B. WCC
C. ICRC
D. ASAC
Answer» D. ASAC
Discussion
84.

In which years was the

A. 1945
B. 1956
C. 1960
D. 1988
Answer» B. 1956
Discussion
85.

Who provide for collective defence and economic cooperation in

A. SEATO
B. NATO
C. EFTA
D. IATA
Answer» B. NATO
Discussion
86.

'World Bank'

A. International Bank for Reconstruction and Development
B. International Bank for Rehabiliation and Development
C. International Bank for Refinance and Development
D. International Bank for Research and Development
Answer» B. International Bank for Rehabiliation and Development
Discussion
87.

World Bank

A. Reconstruction and development
B. stimulating private investment
C. tackling foreign exchange crises
D. meeting deficits in government budget
Answer» B. stimulating private investment
Discussion
88.

The view that

A. Amartya Sen
B. Yashwat Sinha
C. Atal Behari Vajpayee
D. Man Mohan Singh
Answer» B. Yashwat Sinha
Discussion
89.

'The Doing business Report',

A. Only 1
B. Only 2
C. Only 3
D. Both 1 and 2
Answer» B. Only 2
Discussion
90.

'The Doing Business Report'

A. World Bank
B. Asian Development Bank (ADB)
C. International Monetary Fund (IMF)
D. World Trade Organisation (WTO)
Answer» B. Asian Development Bank (ADB)
Discussion
91.

Where is the headquarter of

A. Geneva
B. Washington D.C.
C. London
D. Paris
Answer» C. London
Discussion
92.

Who got the 1998 Nobel Prize in Economics?

A. Solow
B. Marshall
C. Amartya Sen
D. Paul Samuelson
Answer» D. Paul Samuelson
Discussion
93.

Nobel Prize in which field is NOT paid out of the endowment set up by Dr. Alfred Nobel?

A. Peace
B. Medicine
C. Chemistry
D. Economics
Answer» E.
Discussion
94.

C. Rangachari Committee is associated with which one of the following?

A. Pricing and taxation of Petroleum Products
B. Estimation of National Income
C. Tax Structure
D. Estimation of Money Supply
Answer» B. Estimation of National Income
Discussion
95.

Consider the following countries

A. 1 only
B. 2 and 3 only
C. 2 and 3 only
D. 1, 2 and 3
Answer» E.
Discussion
96.

The supply of a commodity deos NOT depend directly upon

A. Cost of production
B. Price of the commodity
C. Technology of production
D. Demand for the commodity
Answer» E.
Discussion
97.

When average cost of production falls, marginal cost of production must be

A. rising
B. falling
C. greater than the average cost
D. less than the average cost
Answer» E.
Discussion
98.

Homogeneous product is a feature of

A. Imperfect market
B. Monopoly
C. Oligopoly
D. Perfect competition
Answer» E.
Discussion
99.

J.J Irani Committee has been set up tyo suggest changes in

A. Indian Telegraph Act
B. Cable Act
C. Companies Act
D. Patent Act
Answer» D. Patent Act
Discussion
100.

Who got 2011 Nobel Prize in the feild of Economics

A. Thomas J. Sargent and Christopher
B. Edmund S. Phelps
C. Paul Krugman
D. Flinor Ostrom and Oliver Williamson
Answer» B. Edmund S. Phelps
Discussion