MCQOPTIONS
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MCQOPTIONS
This section includes 2369 Mcqs, each offering curated multiple-choice questions to sharpen your Economics knowledge and support exam preparation. Choose a topic below to get started.
| 1201. |
Revised Value Added Tax is related to? |
| A. | wealth tax |
| B. | Excise duty |
| C. | Income tax |
| D. | sales tax |
| Answer» C. Income tax | |
| 1202. |
Who is the body that sets the rules related to international trade? |
| A. | World Bank |
| B. | I am a. |
| C. | U. N. O. |
| D. | none of these |
| Answer» B. I am a. | |
| 1203. |
What is a teacher teaching his son? |
| A. | uneconomical |
| B. | Economic |
| C. | both |
| D. | none of these |
| Answer» D. none of these | |
| 1204. |
When was the commercial bank nationalized? |
| A. | in 1975 |
| B. | in 1966 |
| C. | in 1969 |
| D. | in 1980 |
| Answer» D. in 1980 | |
| 1205. |
Which is the most important item of non plan expenditure? |
| A. | Defence |
| B. | fertilizer subsidy |
| C. | interest payment |
| D. | none of these |
| Answer» D. none of these | |
| 1206. |
Which one of the following is not a source of revenue of the Central Government? |
| A. | agricultural income tax |
| B. | excise duty |
| C. | Income tax |
| D. | corporate tax |
| Answer» B. excise duty | |
| 1207. |
Which of the following is called primary sector? |
| A. | to agriculture |
| B. | to service sector |
| C. | Of the industrial sector |
| D. | none of these |
| Answer» B. to service sector | |
| 1208. |
Which of the following is the central bank of the Government of India? |
| A. | cooperative bank |
| B. | Reserve Bank of India |
| C. | Central Bank of India |
| D. | state Bank of India |
| Answer» C. Central Bank of India | |
| 1209. |
What are the different bases of explanation of economic development? |
| A. | Gross national product |
| B. | per capita income |
| C. | basis of economic well-being |
| D. | all of which |
| Answer» E. | |
| 1210. |
Which economist prepared the first Human Development Index? |
| A. | Pro. by Amartya Sen |
| B. | Mehboob-ul-Haq |
| C. | Dr. Manmohan Singh |
| D. | none of these |
| Answer» C. Dr. Manmohan Singh | |
| 1211. |
What is the rank of India in Human Development Index? |
| A. | 126 |
| B. | 127 |
| C. | 129 |
| D. | 128 |
| Answer» B. 127 | |
| 1212. |
Which country is the largest producer of cell phones in the world? |
| A. | China |
| B. | America |
| C. | France |
| D. | India |
| Answer» B. America | |
| 1213. |
What is the difference between total expenditure and total receipts in the budget figures of the Government of India called? |
| A. | fiscal deficit |
| B. | revenue loss |
| C. | budget deficit |
| D. | current deficit |
| Answer» D. current deficit | |
| 1214. |
After the advent of which modern device, information, education and knowledge have become universally accessible? |
| A. | Mobile phone |
| B. | The calculator |
| C. | Computer |
| D. | none of these |
| Answer» D. none of these | |
| 1215. |
Which deficit contributes the most to the total budget deficit of the Government of India? |
| A. | fiscal deficit |
| B. | revenue deficit income |
| C. | primary deficit |
| D. | none of these |
| Answer» B. revenue deficit income | |
| 1216. |
Which one of the following direct taxes generates maximum revenue to the government? |
| A. | Income tax |
| B. | Property tax |
| C. | by donating |
| D. | Corporation tax |
| Answer» E. | |
| 1217. |
What is the Rainbow Revolution related to? |
| A. | by blue revolution |
| B. | by green revolution |
| C. | by white revolution |
| D. | all of which |
| Answer» E. | |
| 1218. |
Out of the gross area of crops in India, the area of food grains is? |
| A. | 60-65 % |
| B. | more than 70% |
| C. | More than 50 |
| D. | 58 % |
| Answer» C. More than 50 | |
| 1219. |
What is the largest item of expenditure in the current account of the budget of the Central Government? |
| A. | defense expenditure |
| B. | interest payment |
| C. | Central planning |
| D. | none of these |
| Answer» D. none of these | |
| 1220. |
What is the rank of India in the field of milk production in the world? |
| A. | first |
| B. | Second |
| C. | third |
| D. | fourth |
| Answer» B. Second | |
| 1221. |
Which country has the largest number of people using mobile phones? |
| A. | England |
| B. | America |
| C. | China |
| D. | Russia |
| Answer» C. China | |
| 1222. |
Which state is the largest producer of wheat in India? |
| A. | Madhya Pradesh |
| B. | Haryana |
| C. | Andhra Pradesh |
| D. | Uttar Pradesh |
| Answer» E. | |
| 1223. |
Where is the National Institute of Agricultural Marketing located? |
| A. | Jaipur |
| B. | Hyderabad |
| C. | New Delhi |
| D. | none of these |
| Answer» B. Hyderabad | |
| 1224. |
In which year Kisan Credit Card Scheme was launched? |
| A. | 1990 |
| B. | 1950 |
| C. | 1998 |
| D. | 2000 |
| Answer» D. 2000 | |
| 1225. |
Where is the National Academy of Agricultural Research Management located? |
| A. | Hyderabad |
| B. | Dehradun |
| C. | New Delhi |
| D. | none of these |
| Answer» B. Dehradun | |
| 1226. |
India has achieved self-reliance in the production of |
| A. | food grains |
| B. | edible oil |
| C. | Petroleum |
| D. | Fertilizer |
| Answer» B. edible oil | |
| 1227. |
What is the rank of India in tobacco production in the world? |
| A. | first |
| B. | Second |
| C. | third |
| D. | fourth |
| Answer» D. fourth | |
| 1228. |
Where is the headquarter of Food and Agriculture Organization located? |
| A. | in Rome |
| B. | in Geneva |
| C. | in paris |
| D. | none of these |
| Answer» B. in Geneva | |
| 1229. |
Operation Flood is related to which work? |
| A. | wheat production |
| B. | water harvesting |
| C. | milk production |
| D. | all these |
| Answer» D. all these | |
| 1230. |
Which country is the largest producer of wheat in the world? |
| A. | England |
| B. | Russia |
| C. | China |
| D. | India |
| Answer» D. India | |
| 1231. |
When was the first agricultural census conducted? |
| A. | in 1948 |
| B. | in the 1990s |
| C. | in 1976 |
| D. | in 1970 |
| Answer» E. | |
| 1232. |
In which crop the most disappointing results of the Green Revolution were seen? |
| A. | Pulses |
| B. | maize |
| C. | oilseeds |
| D. | Soybean |
| Answer» B. maize | |
| 1233. |
What is the rank of India in the world in terms of export of rice? |
| A. | Second |
| B. | third |
| C. | fourth |
| D. | fifth |
| Answer» B. third | |
| 1234. |
What is the rank of India in the world in fish production? |
| A. | Second |
| B. | third |
| C. | fourth |
| D. | fifth |
| Answer» C. fourth | |
| 1235. |
What percentage of GDP of the agriculture sector in India is spent on agricultural research? |
| A. | 5 % |
| B. | 0.5 % |
| C. | 0.3 % |
| D. | 3 % |
| Answer» D. 3 % | |
| 1236. |
Blue Revolution is related to which of the following? |
| A. | Fisheries |
| B. | indigo farming |
| C. | poultry |
| D. | none of these |
| Answer» B. indigo farming | |
| 1237. |
When was the Operation Flood program started? |
| A. | in 1995 |
| B. | in 1998 |
| C. | in 1945 |
| D. | in 1970 |
| Answer» E. | |
| 1238. |
Who is the exponent of the term Green Revolution? |
| A. | William God |
| B. | Verghese Kurien |
| C. | Norman Borlaug |
| D. | none of these |
| Answer» B. Verghese Kurien | |
| 1239. |
Which is the most important small scale industry of India? |
| A. | handloom industry |
| B. | leather industry |
| C. | Pottery industry |
| D. | cotton textile industry |
| Answer» B. leather industry | |
| 1240. |
Which is the financial year from which disinvestment in public enterprises started? |
| A. | 1970-1971 |
| B. | 1991-1992 |
| C. | 1994-1995 |
| D. | none of these |
| Answer» C. 1994-1995 | |
| 1241. |
business comes under? |
| A. | trade and industry |
| B. | trade only |
| C. | commerce and industry |
| D. | trade, commerce and industry |
| Answer» E. | |
| 1242. |
What is the rank of India in the production of sugar in the world? |
| A. | Second |
| B. | third |
| C. | fourth |
| D. | fifth |
| Answer» B. third | |
| 1243. |
In which year liberal industrial policy was adopted in India? |
| A. | 1945 |
| B. | 1975 |
| C. | 1991 |
| D. | 1980 |
| Answer» D. 1980 | |
| 1244. |
What is the rank of India among coal producing countries? |
| A. | Second |
| B. | third |
| C. | fourth |
| D. | fifth |
| Answer» C. fourth | |
| 1245. |
Which is the oldest largest industry of India? |
| A. | cotton textile industry |
| B. | jute industry |
| C. | paper industry |
| D. | handicraft industry |
| Answer» B. jute industry | |
| 1246. |
Which is the largest industry of India? |
| A. | jewelery industry |
| B. | textile industry |
| C. | manufacturing industry |
| D. | handicraft industry |
| Answer» C. manufacturing industry | |
| 1247. |
In which country did the Industrial Revolution first take place? |
| A. | England |
| B. | France |
| C. | Germany |
| D. | India |
| Answer» B. France | |
| 1248. |
Petrocard is issued by which company for the sale of petroleum products? |
| A. | H.P.C.L |
| B. | B.P.C.L |
| C. | L.O.C.L |
| D. | none of these |
| Answer» C. L.O.C.L | |
| 1249. |
Which is the bank which has formed Kisan Clubs to reach the farmers easily? |
| A. | Reserve Bank of India |
| B. | Bank of India |
| C. | regional rural bank |
| D. | allahabad bank |
| Answer» D. allahabad bank | |
| 1250. |
What is the rank of India in terms of Bauxide resource in the world? |
| A. | third |
| B. | Second |
| C. | fourth |
| D. | fifth |
| Answer» E. | |