MCQOPTIONS
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MCQOPTIONS
This section includes 45 Mcqs, each offering curated multiple-choice questions to sharpen your Indian Polity and Civics knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Which index for the United Nations was developed by the Indian economist Amartya Sen and Pakistani economist Mahbub ul Haq |
| A. | Human Development Index |
| B. | Gross Domestic Product |
| C. | Genuine Progress Indicator |
| D. | Sustainable Development Index |
| Answer» B. Gross Domestic Product | |
| 2. |
The word budget is synonymous to "bougette" of which language |
| A. | Latin |
| B. | Greek |
| C. | French |
| D. | Hebrew |
| Answer» D. Hebrew | |
| 3. |
"Green Index" has been developed by |
| A. | United Nation Environment Programme |
| B. | International Monetary Fund |
| C. | World Bank |
| D. | None of the above |
| Answer» B. International Monetary Fund | |
| 4. |
Which institution publish the "World Economic Outlook" report |
| A. | United Nation |
| B. | IMF |
| C. | World Bank |
| D. | IDA |
| Answer» C. World Bank | |
| 5. |
Which institution is known as "Soft Loan Window" of World Bank |
| A. | IDBI |
| B. | IDA |
| C. | IMF |
| D. | RBI |
| Answer» C. IMF | |
| 6. |
The Lorenz curve is a measure of |
| A. | poverty |
| B. | income inequalities |
| C. | inflation rate |
| D. | tax structure |
| Answer» C. inflation rate | |
| 7. |
The WTO basically promotes |
| A. | financial support |
| B. | global peace |
| C. | unilateral trade |
| D. | multilateral trade |
| Answer» E. | |
| 8. |
Which one of the following is not a trade block |
| A. | SAPTA |
| B. | EFTA |
| C. | OPEC |
| D. | UPEC |
| Answer» E. | |
| 9. |
The ‘Ease of Doing Business Index’ is prepared and published by |
| A. | World Trade Organization |
| B. | World Bank Group |
| C. | United Nations |
| D. | European Nations |
| Answer» C. United Nations | |
| 10. |
Which country has dual model of GST implemented |
| A. | Canada |
| B. | UK |
| C. | Germany |
| D. | USA |
| Answer» B. UK | |
| 11. |
Which one is the first country in the world to implement GST |
| A. | USA |
| B. | Canada |
| C. | France |
| D. | Thailand |
| Answer» D. Thailand | |
| 12. |
Which one of the following institution was replaced by World Trade Organization (WTO) |
| A. | UNCTAD |
| B. | GATT |
| C. | IBRD |
| D. | IDA |
| Answer» C. IBRD | |
| 13. |
Human Development Index (HDI) is a composite indicator of |
| A. | Income, Health and Education |
| B. | Income, Health and Trade |
| C. | Health, Education and Nutrition |
| D. | None of the above |
| Answer» B. Income, Health and Trade | |
| 14. |
The time element in price analysis was introduced by |
| A. | JS Mill |
| B. | JR Hicks |
| C. | JM Keynes |
| D. | Alfred Marshall |
| Answer» E. | |
| 15. |
By whom was the autonomous investment separated from induced investment |
| A. | Joan Robinson |
| B. | Adam Smith |
| C. | Schumpeter |
| D. | Malthus |
| Answer» D. Malthus | |
| 16. |
The Still Well Road exist between India and |
| A. | Bangladesh |
| B. | China |
| C. | Myanmar |
| D. | Bhutan |
| Answer» C. Myanmar | |
| 17. |
The 7th BRICS summit in 2015 will be held at |
| A. | India |
| B. | Russia |
| C. | South Africa |
| D. | China |
| Answer» C. South Africa | |
| 18. |
Where the headquarters of BRICS Development Bank will be located |
| A. | India |
| B. | Russia |
| C. | South Africa |
| D. | China |
| Answer» E. | |
| 19. |
The World Economic Forum Annual Meeting 2015 was held in |
| A. | Davos |
| B. | Geneva |
| C. | Rome |
| D. | Paris |
| Answer» B. Geneva | |
| 20. |
Which country is the largest reserves of gold in the world |
| A. | India |
| B. | Germany |
| C. | Italy |
| D. | USA |
| Answer» E. | |
| 21. |
Which one is the World's biggest stock exchange |
| A. | Tokyo |
| B. | New York |
| C. | London |
| D. | NASDAQ |
| Answer» C. London | |
| 22. |
The Great Depression of 1930s was started from which country |
| A. | India |
| B. | Britain |
| C. | Canada |
| D. | USA |
| Answer» E. | |
| 23. |
The Great Recession starts in the month of december of the year |
| A. | 2005 |
| B. | 2007 |
| C. | 2008 |
| D. | 2009 |
| Answer» C. 2008 | |
| 24. |
Before 2009, when the last Global recession was taken place |
| A. | 1971 |
| B. | 1982 |
| C. | 1991 |
| D. | 2001 |
| Answer» D. 2001 | |
| 25. |
Which country get the highest ranking in the latest list published by World Bank for GDP per capita |
| A. | Macau |
| B. | Qatar |
| C. | Luxembourg |
| D. | Norway |
| Answer» D. Norway | |
| 26. |
Where the G-20 summit of 2014 will be held |
| A. | Australia |
| B. | USA |
| C. | Mexico |
| D. | India |
| Answer» B. USA | |
| 27. |
Which country is not a member of G-20 group |
| A. | India |
| B. | Saudi Arabia |
| C. | Indonesia |
| D. | Thailand |
| Answer» E. | |
| 28. |
The first G-20 summit was held in the year |
| A. | 2002 |
| B. | 2006 |
| C. | 2008 |
| D. | 2009 |
| Answer» D. 2009 | |
| 29. |
Which are BRIC countries |
| A. | Bangladesh, Romania, Italy, China |
| B. | Brazil, Russia, India, China |
| C. | Chile, Rusia, Italy, Cuba |
| D. | None of the above |
| Answer» C. Chile, Rusia, Italy, Cuba | |
| 30. |
Das Kapital' a book on political economy was written by |
| A. | Karl Marx |
| B. | William Herschel |
| C. | Friedrich Engels |
| D. | None of the above |
| Answer» B. William Herschel | |
| 31. |
World Trade Organization Ministerial Conference of 2001 was held in |
| A. | Cancun |
| B. | Paris |
| C. | Geneva |
| D. | Doha |
| Answer» E. | |
| 32. |
Ruble is the currency of |
| A. | Japan |
| B. | Russia |
| C. | Malaysia |
| D. | South Africa |
| Answer» C. Malaysia | |
| 33. |
World Trade Organization (WTO) starts functioning from the year |
| A. | 1993 |
| B. | 1995 |
| C. | 1997 |
| D. | 2000 |
| Answer» C. 1997 | |
| 34. |
Who first developed the concept of GDP |
| A. | Richard Easterlin |
| B. | Wassily Leontief |
| C. | Milton Friedman |
| D. | Simon Kuznets |
| Answer» E. | |
| 35. |
GDP stands for |
| A. | Gross Development Price |
| B. | Gross Domestic Product |
| C. | Growth Developed Price |
| D. | None of the above |
| Answer» C. Growth Developed Price | |
| 36. |
World Bank was established in the year |
| A. | 1932 |
| B. | 1938 |
| C. | 1944 |
| D. | 1946 |
| Answer» D. 1946 | |
| 37. |
The annual winter meeting of World Economic Forum held every year in |
| A. | Davos |
| B. | Cologny |
| C. | Geneva |
| D. | Ohio |
| Answer» B. Cologny | |
| 38. |
Total number of members in ASEAN (Association of Southeast Asian Nations), an economic organization is |
| A. | 10 |
| B. | 12 |
| C. | 15 |
| D. | 20 |
| Answer» B. 12 | |
| 39. |
Total number of countries that officially used Euro as currency |
| A. | 15 |
| B. | 16 |
| C. | 18 |
| D. | 28 |
| Answer» D. 28 | |
| 40. |
The currency of Japan is known as |
| A. | Dollar |
| B. | Yen |
| C. | Renminbi |
| D. | Ringgit |
| Answer» C. Renminbi | |
| 41. |
Which is the World first stock exchange |
| A. | New York |
| B. | Amsterdam |
| C. | Antwerp, Belgium |
| D. | Hamburg, Germany |
| Answer» D. Hamburg, Germany | |
| 42. |
Which country has first ever printed paper money |
| A. | USA |
| B. | China |
| C. | India |
| D. | Egypt |
| Answer» C. India | |
| 43. |
Which country is the biggest exporter in the world |
| A. | USA |
| B. | Germany |
| C. | Japan |
| D. | China |
| Answer» E. | |
| 44. |
A Recession is negative economic growth for __ consecutive quarters |
| A. | Two |
| B. | Three |
| C. | Four |
| D. | Six |
| Answer» B. Three | |
| 45. |
Where the headquarters of International Monetary Fund located |
| A. | New York |
| B. | Washington |
| C. | Geneva |
| D. | London |
| Answer» C. Geneva | |