MCQOPTIONS
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MCQOPTIONS
This section includes 657 Mcqs, each offering curated multiple-choice questions to sharpen your Testing Subject knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
'Stagflation' is ____________ |
| A. | inflation with depression |
| B. | inflation with growth |
| C. | deflation with growth |
| D. | inflation after deflations |
| Answer» B. inflation with growth | |
| 2. |
The number of approved share markets in India is ____________ |
| A. | 19 |
| B. | 23 |
| C. | 20 |
| D. | 24 |
| Answer» B. 23 | |
| 3. |
During which Plan the growth rate of agricultural production was negative? |
| A. | First Plan |
| B. | None of these |
| C. | Second Plan |
| D. | Third Plan |
| Answer» E. | |
| 4. |
Abid Hussain Committee is related to reforms in ________ industries. |
| A. | public sector |
| B. | small |
| C. | large |
| D. | private sector |
| Answer» B. small | |
| 5. |
The Planning Commission of India is ____________ |
| A. | An independent and autonomous body |
| B. | A Constitutional body |
| C. | A non-Statutory body |
| D. | A Statutory body |
| Answer» D. A Statutory body | |
| 6. |
Kasturba Gandhi Education Scheme is related to ____________ |
| A. | None of these |
| B. | girl education |
| C. | Both 'a' and 'b' |
| D. | tribal girl upliftment |
| Answer» C. Both 'a' and 'b' | |
| 7. |
Which one of the following forms the largest share of deficit of Government of India Budget? |
| A. | Fiscal deficit |
| B. | Revenue deficit |
| C. | Budgetary deficit |
| D. | Primary deficit |
| Answer» B. Revenue deficit | |
| 8. |
Economic liberalisation in India started with ____________ |
| A. | doing away with procedural formalities for foreign direct investment |
| B. | significant reduction in tax rates |
| C. | the convertibility of Indian rupee |
| D. | substantial changes in industrial licensing policy |
| Answer» E. | |
| 9. |
Non-Tax revenue can be increased by improving the working of ____________ |
| A. | None of the above |
| B. | Commercial Irrigation Projects |
| C. | Electricity Boards |
| D. | State Road Transport Corporation |
| Answer» C. Electricity Boards | |
| 10. |
Which of the following contributes the maximum earnings in Indian Railways? |
| A. | Sundry Earning |
| B. | Other Coach Earning |
| C. | Goods Traffic Earning |
| D. | Passenger Earning |
| Answer» D. Passenger Earning | |
| 11. |
Rural women can avail the benefit of Mahila Samriddhi Yojana if they open their account in ____________ |
| A. | All of the above |
| B. | rural post offices |
| C. | rural development bank |
| D. | commercial banks |
| Answer» C. rural development bank | |
| 12. |
Index 'Residex' is associated with ____________ |
| A. | price inflation index |
| B. | land prices |
| C. | mutual fund prices |
| D. | share prices |
| Answer» E. | |
| 13. |
Increase in net RBI credit for Central Government represents ____________ |
| A. | fiscal deficit |
| B. | budgetary deficit |
| C. | monetised deficit |
| D. | revenue deficit |
| Answer» D. revenue deficit | |
| 14. |
Resurgent India Bonds were issued in US Dollar, Pound, Sterling and ____________ |
| A. | Euro |
| B. | French France |
| C. | Deutsche Mark |
| D. | Japanese Yen |
| Answer» D. Japanese Yen | |
| 15. |
Main objective of Antyodaya programme is to ____________ |
| A. | uplift the poor |
| B. | uplift the urban poor |
| C. | uplift the landless labour |
| D. | uplift the farmer |
| Answer» B. uplift the urban poor | |
| 16. |
Planning Commission was established in the year ____________ |
| A. | 1975 |
| B. | 1960 |
| C. | 1947 |
| D. | 1950 |
| Answer» E. | |
| 17. |
RBI has decided to release 'Plastic Notes' in circulation. The First such series to be circulated will be of ____________ |
| A. | Both 'a' and 'b' |
| B. | None of these |
| C. | Rs. 10 notes |
| D. | Rs. 5 notes |
| Answer» D. Rs. 5 notes | |
| 18. |
Which of the following terms indicate a mechanism used by commercial banks for providing credit to the Government? |
| A. | Satutory Liqidity Ratio |
| B. | Cash Credit Ratio |
| C. | Liquidity Adjustment Facility |
| D. | Debit Service Obtigationa |
| Answer» B. Cash Credit Ratio | |
| 19. |
Who prints and supplies the currency notes in India? |
| A. | RBI, Delhi |
| B. | Security Press, Nasik |
| C. | Security Press, Mumbai |
| D. | Security Press, Noida |
| Answer» B. Security Press, Nasik | |
| 20. |
Unemployment which occurs when workers move from one job to another job is known as ____________ |
| A. | cyclical unemployment |
| B. | technological unemployment |
| C. | frictional unemployment |
| D. | seasonal unemployment |
| Answer» D. seasonal unemployment | |
| 21. |
Which one of the following Public Sector Bank's emblem figures a dog and the words 'faithful friendly' in it? |
| A. | Oriental Bank of Commerce |
| B. | State Bank of India |
| C. | Syndicate Bank |
| D. | Punjab National Bank |
| Answer» D. Punjab National Bank | |
| 22. |
The highest body that approves Five Year Plans in India is ____________ |
| A. | Interstate Council |
| B. | Union Cabinet |
| C. | National Development Council |
| D. | Planning Commission |
| Answer» D. Planning Commission | |
| 23. |
The most important competition to the Indian jute industry is ____________ |
| A. | Nepal |
| B. | Japan |
| C. | Bangladesh |
| D. | China |
| Answer» D. China | |
| 24. |
Gross National Income is always more than Net National Income because it includes ____________ |
| A. | indirect taxes |
| B. | direct taxes |
| C. | capital consumption allowance |
| D. | foreign income |
| Answer» D. foreign income | |
| 25. |
Which of the following taxes is collected by Panchayat? |
| A. | Tax on local fairs |
| B. | Sales tax |
| C. | Land revenue |
| D. | Custom duty |
| Answer» B. Sales tax | |
| 26. |
'Axis Bank' is the new name for ____________ |
| A. | ICICI Bank |
| B. | UTI Bank |
| C. | IDBI Bank |
| D. | UCO Bank |
| Answer» C. IDBI Bank | |
| 27. |
Which of the following is not required while computing Gross National Product (GNP)? |
| A. | Purchase of goods by government |
| B. | Net foreign investment |
| C. | Per capita income of citizens |
| D. | Private investment |
| Answer» D. Private investment | |
| 28. |
Companies pay corporation tax on their ____________ |
| A. | sales proceeds |
| B. | investments |
| C. | production |
| D. | incomes |
| Answer» E. | |
| 29. |
The 'Bombay Plan' drafted by GD Birla and JRD Tata emphasized ____________ |
| A. | annual planning |
| B. | that the private sector should foot the bill for intensive and low return investments in the industrial sector |
| C. | the public sector investments in infrastructure and heavy industries |
| D. | that the economy should be left to the dynamic investments by the private sector in heavy industries |
| Answer» D. that the economy should be left to the dynamic investments by the private sector in heavy industries | |
| 30. |
Crop insurance is the monopoly of ____________ |
| A. | NABARD |
| B. | National Insurance Company |
| C. | Life Insurance Corporation |
| D. | General Insurance Company |
| Answer» E. | |
| 31. |
Where are the headquarters of the International Bank of Reconstruction and Development located? |
| A. | Paris |
| B. | Geneva |
| C. | London |
| D. | Washington DC |
| Answer» E. | |
| 32. |
National Sample Survey (NSS) was established in ____________ |
| A. | 1943 |
| B. | 1950 |
| C. | 1952 |
| D. | 1951 |
| Answer» D. 1951 | |
| 33. |
The cause of deflation is ____________ |
| A. | lack of money supply as compared to supply of goods and services |
| B. | None of the above |
| C. | lack of imports as compared to exports |
| D. | lack of goods and services as compared to money supply |
| Answer» B. None of the above | |
| 34. |
Where are the headquarters of Asian Development Bank (ADB)? |
| A. | Hongkong |
| B. | Manila |
| C. | Singapore |
| D. | Tokyo |
| Answer» C. Singapore | |
| 35. |
For regulation of the insurance trade in the country the Government has formed ____________ |
| A. | GIC |
| B. | SEBI |
| C. | IRDA |
| D. | RBI |
| Answer» D. RBI | |
| 36. |
Which of the following Mahatma Gandhi series of currency notes issued by the RBI has a drawing of the'Parliament House' depicted on it? |
| A. | Rs. 10 |
| B. | Rs. 500 |
| C. | Rs. 50 |
| D. | Rs. 100 |
| Answer» D. Rs. 100 | |
| 37. |
The first fully Indian Bank is ____________ |
| A. | SBI |
| B. | None of these |
| C. | RBI |
| D. | PNB |
| Answer» E. | |
| 38. |
Whose signature is found on one rupee notes in India? |
| A. | The PM of India |
| B. | None of the above |
| C. | The Governor, RBI |
| D. | The Secretary, Finance |
| Answer» E. | |
| 39. |
New Economic Policy aims at ____________ |
| A. | creating more tax brackets |
| B. | imposing Tobin tax |
| C. | reforms in production pattern, obtaining new technology, making Indian economy more competitve |
| D. | giving importance to rural techniques of production |
| Answer» D. giving importance to rural techniques of production | |
| 40. |
The per capita income has been low in India because ____________ |
| A. | of regional imbalances |
| B. | of price rise |
| C. | of population growth |
| D. | more people are in rural area |
| Answer» E. | |
| 41. |
Excise duties are taxes on ____________ |
| A. | production of commodities |
| B. | sale of commodities |
| C. | export of commodities |
| D. | import of commodities |
| Answer» D. import of commodities | |
| 42. |
Who among the following served as the Chief Economist of the International Monetary Fund ? |
| A. | Raghuram Rajan |
| B. | Ashok Lahiri |
| C. | Saumitra Chaudhuri |
| D. | Sumantra Ghoshal |
| Answer» B. Ashok Lahiri | |
| 43. |
The food for work programme was subsumed in ____________ |
| A. | JRY |
| B. | IRDP |
| C. | RLEGP |
| D. | MGNREGS |
| Answer» E. | |
| 44. |
Who has presented the Union Budget of India maximum number of times? |
| A. | VP Singh |
| B. | Morarji Desai |
| C. | Pranab Mukherjee |
| D. | Choudhary Charan Singh |
| Answer» C. Pranab Mukherjee | |
| 45. |
Green Banking Channel has been launched by ____________ |
| A. | None of these |
| B. | SBI |
| C. | RBI |
| D. | UTI |
| Answer» C. RBI | |
| 46. |
The 'gilt-edged' market deals in ____________ |
| A. | government securities |
| B. | corporate bonds |
| C. | bullion |
| D. | worn and torn currency notes |
| Answer» D. worn and torn currency notes | |
| 47. |
If the cash reserve ratio is lowered by the RBI, its impact on credit creation will be to ____________ |
| A. | no impact |
| B. | None of these |
| C. | decrease it |
| D. | increase it |
| Answer» B. None of these | |
| 48. |
Indian Green Revolution is the most successful in which of the following? |
| A. | Wheat and rice |
| B. | Tea and coffee |
| C. | jowar and oil seeds |
| D. | Wheat and potato |
| Answer» B. Tea and coffee | |
| 49. |
Poverty in less developed countries is largely due to ____________ |
| A. | lack of intelligence of the people |
| B. | voluntary idleness |
| C. | lack of cultural activities |
| D. | income inequality |
| Answer» E. | |
| 50. |
Which of the following is not an affiliate of the RBI? |
| A. | Deposit Insurance Coporation |
| B. | UTI |
| C. | Aricultural Refinance Corporation |
| D. | IDBI |
| Answer» D. IDBI | |