MCQOPTIONS
Saved Bookmarks
MCQOPTIONS
This section includes 2956 Mcqs, each offering curated multiple-choice questions to sharpen your UPSC IAS Exam knowledge and support exam preparation. Choose a topic below to get started.
| 651. |
Which of these is NOT a monetary policy tool? |
| A. | open market operations |
| B. | balanced accounts |
| C. | reserve requirements |
| D. | discount rates |
| Answer» C. reserve requirements | |
| 652. |
The short-run Aggregate Supply curve is upward sloping only because we assume that resource costs are held . |
| A. | constant |
| B. | flexible |
| C. | need more information |
| D. | none of the above |
| Answer» B. flexible | |
| 653. |
The quantity theory of money is expressed by the identity equation: |
| A. | M*Y=P+Y |
| B. | M*V=P*Y |
| C. | M+V=P |
| D. | none of the above |
| Answer» C. M+V=P | |
| 654. |
An economy is at equilibrium output when |
| A. | Y = C + I + G+ NX |
| B. | Y = AD + C + G + NX |
| C. | Y = AD + C + I + G + NX |
| D. | Y = AD + C+ I + G |
| Answer» D. Y = AD + C+ I + G | |
| 655. |
An example of a government expenditure is |
| A. | a social security payment to an elderly person. |
| B. | employing a public school teacher. |
| C. | an unemployment insurance check. |
| D. | All of the above |
| Answer» C. an unemployment insurance check. | |
| 656. |
In the IS–LM model, the impact of an increase in government purchases in the goods market has ramifications in the money market, because the increase in income causes a(n) in money . |
| A. | increase; supply |
| B. | increase; demand |
| C. | decrease; demand |
| D. | decrease; supply |
| Answer» C. decrease; demand | |
| 657. |
An increase in aggregate demand (given no change in aggregate supply) will cause inflation. |
| A. | constant |
| B. | higher |
| C. | lower |
| D. | none of the above |
| Answer» C. lower | |
| 658. |
In the IS–LM model under the usual conditions in a closed economy, an increase in government spending increases the interest rate and crowds out: |
| A. | prices |
| B. | investment |
| C. | the money supply |
| D. | taxes |
| Answer» C. the money supply | |
| 659. |
under fisher's quantity theory of money,M denoted |
| A. | medium |
| B. | the total quantity of legal tender money |
| C. | measurement tool |
| D. | money |
| Answer» C. measurement tool | |
| 660. |
who is the head of the MONETARY POLICY committee? |
| A. | RBI, governor |
| B. | RBI, deputy governor |
| C. | Prime Minister |
| D. | President |
| Answer» B. RBI, deputy governor | |
| 661. |
The Phillips curve implied that there was a trade- off available to governments between: |
| A. | The price level and unemployment |
| B. | The price level and employment |
| C. | Out put and employment |
| D. | Inflation and unemploymen t |
| Answer» E. | |
| 662. |
If Aggregate Demand exceeds Aggregate Supply, unwanted inventories will begin to accumulate, forcing firms to prices to get rid of those inventories. |
| A. | zero |
| B. | none of these |
| C. | increase |
| D. | reduce |
| Answer» E. | |
| 663. |
A decrease in the price level shifts the curve to the right, and the aggregate demand curve . |
| A. | IS; shifts to the right |
| B. | IS; does not shift |
| C. | LM: shifts to the right |
| D. | LM; does not shift |
| Answer» E. | |
| 664. |
The phenomenon of sticky wages usually leadsto unemployment during a recession. |
| A. | higher |
| B. | lower |
| C. | stabalize |
| D. | none of the above |
| Answer» B. lower | |
| 665. |
A belief that expectations were exogenous could lead one to the view that judgements about the future were likely to be based on: |
| A. | The best available information |
| B. | Past experience |
| C. | all of the above |
| D. | none of the above |
| Answer» C. all of the above | |
| 666. |
Which of the following events will shift the Aggregate Supply curve to the left? |
| A. | a fall in interest rates. |
| B. | land costs fall. |
| C. | real wages rise. |
| D. | inflation expectations decrease. |
| Answer» D. inflation expectations decrease. | |
| 667. |
Which factor would shift the Aggregate Demand curve to the right? |
| A. | a fall in interest rates which increases investment |
| B. | an increase in real incomes due to a rise in GDP. |
| C. | an increase in real wages. |
| D. | an appreciation of the dollar. |
| Answer» B. an increase in real incomes due to a rise in GDP. | |
| 668. |
Which of the following would NOT cause a SHIFT in AS? |
| A. | Incentives |
| B. | The structure of the economy |
| C. | The level of government spending |
| D. | The costs of the factors of production |
| Answer» D. The costs of the factors of production | |
| 669. |
When using AD/AS analysis to illustrate changes within an economy, which of the following would NOT need to be considered when looking at changes to economic growth? |
| A. | Increased labour productivity |
| B. | More efficient use of the capital stock |
| C. | Developing a more efficient capital and finance sector |
| D. | Increased availability of social capital |
| Answer» E. | |
| 670. |
Which of the following items is an investment? |
| A. | purchase of a mutual fund. |
| B. | purchase of a U.S. government bond. |
| C. | purchase of a new farm tractor. |
| D. | purchase of a stock. |
| Answer» D. purchase of a stock. | |
| 671. |
If inflation is 1% and you receive a 1% raise in your nominal wage, by how much did your real wage change? |
| A. | 0% |
| B. | 1% |
| C. | 2% |
| D. | 3% |
| Answer» B. 1% | |
| 672. |
Economics modes are |
| A. | Based on some realistic assumptions |
| B. | Based on hypothetical assumptions |
| C. | Scientifically tested |
| D. | Based on necessity |
| Answer» B. Based on hypothetical assumptions | |
| 673. |
Which of the following issue relates to micro-economics |
| A. | Impact of crude price hike on inflation |
| B. | Impact of change in bank rate on bank saving and investment |
| C. | Impact of Information technology on economic growth |
| D. | Impact of shortage of wheat production on wheat prices |
| Answer» E. | |
| 674. |
The famous book “An enquiry into the nature and causes of wealth of Nation” was written by – |
| A. | Adam Smith |
| B. | Samulson |
| C. | Robertson |
| D. | JB Say |
| Answer» B. Samulson | |
| 675. |
Determining how tasks are to be grouped is part of which management function? |
| A. | Planning |
| B. | Leading |
| C. | Controlling |
| D. | Organizing |
| Answer» E. | |
| 676. |
The most important criterion in determining whether conflict is functional or dysfunctional is: |
| A. | overall morale. |
| B. | turnover rates. |
| C. | absenteeism levels. |
| D. | group performance. |
| Answer» E. | |
| 677. |
If the disposal income of a household decreases by 10% and the demand for X commodity remainssame. The income elasticity of X is |
| A. | 0 |
| B. | 0.5 |
| C. | 0.5 |
| D. | 2.5 |
| Answer» B. 0.5 | |
| 678. |
In question No. 218 bread can be considered as |
| A. | Essential goods |
| B. | Luxury goods |
| C. | Inferior goods |
| D. | Normal goods |
| Answer» D. Normal goods | |
| 679. |
FERA has been replaced by |
| A. | FINA |
| B. | FEMA |
| C. | FENA |
| D. | MRTP |
| Answer» C. FENA | |
| 680. |
Staffing is concerned with providing and maintaining................resources. |
| A. | Physical |
| B. | Technical |
| C. | Human |
| D. | Financial |
| Answer» D. Financial | |
| 681. |
The slope of the consumption curve connotes |
| A. | Average propensity to save |
| B. | Marginal Propensity to consume |
| C. | Marginal propensity to save |
| D. | Level of consumption in the economy. |
| Answer» C. Marginal propensity to save | |
| 682. |
Autocratic, Democratic and Laissez-faire leader behavior styles were introduced by _________. |
| A. | University of Iowa researcher |
| B. | Michigan Studies |
| C. | Ohio State Studies |
| D. | None of given option |
| Answer» B. Michigan Studies | |
| 683. |
If companies value teamwork, then promotions, pay raises, and other forms of recognition should begiven to individuals for how effectively the work as: |
| A. | individuals |
| B. | team members |
| C. | group members |
| D. | leaders |
| Answer» C. group members | |
| 684. |
The challenge of creating teams is less demanding for management when teams are introduced whereemployees have strong _________ values |
| A. | collectivist |
| B. | competitive |
| C. | pluralistic |
| D. | cooperative |
| Answer» B. competitive | |
| 685. |
Transformational leadership is about change, _________, and entrepreneurship. |
| A. | Motivation |
| B. | innovation |
| C. | loyalty |
| D. | enthusiasm |
| Answer» C. loyalty | |
| 686. |
Repo Market means |
| A. | A money market instrument which helps in collateral short term borrowing and lending through sale and purchase operation in debt instrument |
| B. | A money market instrument which helps in collateral long term borrowing and lending through sale and purchase operation in debt instrument |
| C. | A money market instrument which helps in collateral short term lending through sale and purchase operation in debt instrument |
| D. | A money market instrument which helps in collateral short term borrowing through sale and purchase operation in debt instrument |
| Answer» B. A money market instrument which helps in collateral long term borrowing and lending through sale and purchase operation in debt instrument | |
| 687. |
If the disposal income of a household increases by 10% and the demand for X commodity increased by10% the income elasticity of X is |
| A. | 1.5 |
| B. | 0.5 |
| C. | 1.5 |
| D. | 1.0 |
| Answer» E. | |
| 688. |
Today‟s organization are |
| A. | Open system |
| B. | Closed system |
| C. | Open as well as closed |
| D. | None of these |
| Answer» B. Closed system | |
| 689. |
If demand of coffee increases by 10% with 20% decline in the price of sugar we can say that |
| A. | Cross price elasticity of demand is negative and both the products are complementary to each other |
| B. | Cross price elasticity of demand is negative and the goods are substitute |
| C. | Cross price elasticity is positive and the products are complementary to each other |
| D. | None of these |
| Answer» B. Cross price elasticity of demand is negative and the goods are substitute | |
| 690. |
GPD is the money value of final goods and serviced produced in the…………. Of a country during an accounting year |
| A. | Domestic territory |
| B. | Political territory |
| C. | Specific area |
| D. | FTZ area |
| Answer» B. Political territory | |
| 691. |
Disguised unemployment is mainly found in |
| A. | Urban areas |
| B. | Rural areas |
| C. | Small scale sector |
| D. | Highly qualified work force |
| Answer» C. Small scale sector | |
| 692. |
Which of these is not a part of GDP for the year 2006? |
| A. | Earning of an International fashion show organized in Delhi |
| B. | Sale of ticket for Republic day parade. |
| C. | Fee of a practicing Chartered Accountant |
| D. | A house built in 2000 and first sold in 2006 |
| Answer» E. | |
| 693. |
The study of people in relation to their fellow human beings is ___________ |
| A. | Psychology |
| B. | Sociology |
| C. | Anthropology |
| D. | All of the given options |
| Answer» C. Anthropology | |
| 694. |
Which of the following is not a stage in the conflict process? |
| A. | potential opposition |
| B. | cognition |
| C. | vision |
| D. | intentions |
| Answer» D. intentions | |
| 695. |
TVC curve begins to……….with the onset of diminishing returns |
| A. | Rise at an Increasing rate |
| B. | Rise at an decreasing rate |
| C. | Fall at an Increasing rate |
| D. | Stabilize |
| Answer» B. Rise at an decreasing rate | |
| 696. |
Which of these is/ are included in the domestic territory of a country? |
| A. | Territory lying within the political frontier including territorial water of the country. |
| B. | Ships and aircrafts operated by the residents of the country between two or more countries. |
| C. | Fishing vessels, oil and natural gas rigs and floating platforms. |
| D. | All the three |
| Answer» C. Fishing vessels, oil and natural gas rigs and floating platforms. | |
| 697. |
Nominal GDP is measured in ………………..prices |
| A. | Base year |
| B. | Current year |
| C. | 1980 |
| D. | 2000 |
| Answer» C. 1980 | |
| 698. |
Holton (1996) criticised Kirkpatrick's model of levels of evaluation in learning, stating that only three of these levels were causally related to learning and development. Which were the three levels Holton identified? |
| A. | Reactions, learning, organizational results |
| B. | Learning, individual performance, organizational results |
| C. | Reactions, individual performance, learning |
| D. | Learning, Reactions, organizational results |
| Answer» C. Reactions, individual performance, learning | |
| 699. |
Scarcity of resources leads to |
| A. | Unsatisfaction of human wants |
| B. | Evaluation of alternative uses of scarce resources |
| C. | Both |
| D. | None |
| Answer» D. None | |
| 700. |
Reverse Repo transaction means |
| A. | Sale of securities by the holder to the investor with the agreement to purchase them at a predetermined rate and date |
| B. | Sale or purchase of securities by the holder to the investor with the commitment to sell or purchase them at a predetermined rate and date |
| C. | Sale and purchase of securities by the holder to the investor with the agreement to purchase them at the prevailing rate and date |
| D. | Sale of securities by the holder to the investor with the agreement to purchase them at market driven rate |
| Answer» C. Sale and purchase of securities by the holder to the investor with the agreement to purchase them at the prevailing rate and date | |