Economy - Multiple Choice Questions (MCQs) – Page 6

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Recent MCQs

A country’s natural capital includes all of the following except:

  1. Forests
  2. Water
  3. Roads
  4. Minerals
Economy

National income of India is estimated by:

  1. Planning Commission
  2. Ministry of Finance
  3. Central Statistical Organisation
  4. Reserve Bank of India
Economy

Which one of the following is NOT a method to control inflation?

  1. Controlling the demand
  2. Controlling the supply of money
  3. Reducing the rate of interest
  4. Rationing of commodities
Economy

World Social Protection Report is published by

  1. World Bank
  2. World Health Organization
  3. International Labour Organization
  4. World Economics Forum
Economy

Balance of payment is defined as:

  1. The value of exports minus the value of imports
  2. The difference between the liabilities and assets of a firm
  3. The difference between current expenditure and current revenue in the government budget
  4. Complete record of all economic transactions between the residents of a country and rest of the world
Economy

The number of persons who remained unemployed for a major part of the year is called:

  1. Usual status unemployment
  2. Daily status unemployment
  3. Weekly status unemployment
  4. None of the above
Economy

LB.S. is one of the economic measures taken by the Government of India for financial inclusion. What is L.B.S. in this context ?

  1. Lead Breaking System
  2. Lead Banking Scheme
  3. Loan Banking System
  4. Loan Banking Scheme
Economy

The Dependency Ratio in India is declining because:

  1. Population of 0-14 years is relatively high
  2. Population of 60 years and above is relatively high
  3. Population of 15-59 years is relatively high
  4. Population of 0-14 years and 60 years and above together are relatively high
Economy

Tendulkar Committee has estimated that in India the * percentage of the population below poverty line is

  1. 27.2
  2. 37.2
  3. 22.2
  4. 32.7
Economy

Which of the following pairs is not correctly matched?

  1. SEBI - Security market regulatory body
  2. RBI - Banking Regulatory Authority
  3. IDBI - World Bank
  4. SBI - Commercial Bank
Economy

The most common measure of estimating inflation in India is

  1. Price Index
  2. Wholesale Price Index
  3. Consumer Price Index
  4. Price Index of Industrial Goods
Economy

Which one of the following is not the objective of financial inclusion?

  1. To extend financial services to poor population.
  2. To unlock the door of growth potential of weaker section.
  3. Shrinking of banking infrastructure.
  4. To extend financial sector into rural areas.
Economy

Match list-I with list-Il and select the correct answer using code given below the lists —
List - I - List-Il
(Theories of Population) (Propounders of Theories)

(A) Optimum Population Theory - (1) Thompson
(B) Social Mal-adjustment Theory - (2) Malthus
(C) Demographic Transition Theory - (3) Edwin Kennan
(D) Population-Food Supply Relationship Theory - (4) Henry George

  1. A-(3), B-(4), C-(1), D-(2)
  2. A-(2), B-(3), C-(4), D-(1)
  3. A-(1), B-(2), C-(3), D-(4)
  4. A-(4), B-(3), C-(1), D-(2)
Economy

Assertion (A): The Government is resorting to disinvestment of some of the public sector units (PSU's).
Reason (R): PSU's have not generated enough employment opportunities.

Codes:

  1. Both A and R are true and R is the correct explanation of A
  2. Both A and R are true but R is not the correct explanation of A
  3. A is true but R is false
  4. A is false but R is true
Economy

Which one of the following is not an objective of fiscal policy of Indian Government?

  1. Full employment
  2. Price stability
  3. Regulation of inter-state Trade
  4. Equitable distribution of wealth and income
Economy

Hindu Rate of growth refers to the rate of growth of:

  1. GDP
  2. Population
  3. Food grains
  4. Per capita income
Economy

Inside trading is related to-

  1. Share market
  2. Horse racing
  3. Taxation
  4. International trade
Economy

Base year for estimation of Gross Domestic Product at constant prices in India, at present, is

  1. 1999-2000
  2. 2000-2001
  3. 2002-2003
  4. 2006-2007 2011-12
Economy

The Human Development Index (HDI) was first developed by which of the following?

  1. UNDP
  2. IMF
  3. UNICEF
  4. UNCTAD
Economy

Which of the following is measured by the Lorenz curve?

  1. Illiteracy
  2. Unemployment
  3. Population growth
  4. Inequality of Income
Economy

In India, national income is estimated by

  1. Planning Commission
  2. Central Statistical Organisation
  3. Indian Statistical Institute
  4. National Sample Survey Organisation
Economy

Assert ion (A): Economic growth in India has generally remained stagnant for the last ten years.
Reason (R): Food grains production has not increased for several years.

Choose the correct answer using the code given below:
Codes:

  1. Both A and R are true and R is the reason for A
  2. Both A and R are true but R is not the reason for A
  3. A is true but R is false
  4. A is false but R is true
Economy

Intake of less than under-noted average daily calories per person has been defined as the "Poverty line" in urban areas by the Planning Commission of India:

  1. 2100
  2. 2400
  3. 2700
  4. 3000
Economy

With reference to the Corporate Social Responsibility (CSR), which of the statements is/are correct?

1. Companies Act 2014, introduces mandatory CSR.
2. Companies covered under this will have to spend at least one percent of their annual net-profit in the activities under CSR.

Select the correct answer using the codes given below:

  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. Neither 1 nor 2
Economy