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. |
Special Drawing Rights (SDRs) facility is available at ____________ |
| A. | Organisation of Economic Cooperation and Development (OECD) |
| B. | International Monetary Fund (IMF) |
| C. | International Development Association (IDA) |
| D. | World Bank (WB) |
| Answer» C. International Development Association (IDA) | |
| 2. |
Central Seed Testing and Referral Laboratory is located in ____________ |
| A. | Dehradun |
| B. | Lucknow |
| C. | Varanasi |
| D. | Bhopal |
| Answer» D. Bhopal | |
| 3. |
The foreign exchange reserves of India is maintained by ____________ |
| A. | Government of India |
| B. | None of these |
| C. | Ministry of Finance |
| D. | RBI |
| Answer» E. | |
| 4. |
State with maximum production of coffee in India is ____________ |
| A. | Maharashtra |
| B. | Tamil Nadu |
| C. | Kerala |
| D. | Karnataka |
| Answer» E. | |
| 5. |
Which one of the following statements most appropriately describes the nature of the Green Revolution? |
| A. | Intensive agriculture district programme |
| B. | High-yielding varieties programme |
| C. | Seed-fertilizer-water technology |
| D. | Intensive cultivation of crops |
| Answer» D. Intensive cultivation of crops | |
| 6. |
Indian Green Revolution started from ____________ |
| A. | Kanpur |
| B. | Delhi |
| C. | Bengaluru |
| D. | Pantnagar |
| Answer» E. | |
| 7. |
Sudden decrease of birth rate would cause ____________ |
| A. | increase in loan requests |
| B. | increase in per capita income |
| C. | increase in savings |
| D. | increase in investment |
| Answer» C. increase in savings | |
| 8. |
In which state 'Kanya Vidyadhan Yojana' is operational? |
| A. | Gujarat |
| B. | Madhya Pradesh |
| C. | Punjab |
| D. | Uttar Pradesh |
| Answer» E. | |
| 9. |
National income refers to ____________ |
| A. | money value of capital goods produced by a country during a year |
| B. | money value of consumer goods produced by a country during a year |
| C. | money value of stocks and shares of a country during a year |
| D. | money value of goods and services produced in a country during a year |
| Answer» E. | |
| 10. |
Name the First Indian private company to sign an accord with Government of Myanmar for oil exploration in second offshore blocks in that country |
| A. | ONGC |
| B. | Essar Oil |
| C. | GAIL |
| D. | Reliance Energy |
| Answer» C. GAIL | |
| 11. |
Finance Commission is constituted ____________ |
| A. | once in four years |
| B. | once in five years |
| C. | once in two years |
| D. | every year |
| Answer» C. once in two years | |
| 12. |
A scheduled commercial bank should have capital and reserve over ____________ |
| A. | Rs. 8 lakh |
| B. | Rs. 5 lakh |
| C. | Rs. 2 crore |
| D. | Rs. 10 lakh |
| Answer» C. Rs. 2 crore | |
| 13. |
The apex organisation of industrial finance in India is ____________ |
| A. | IFCI |
| B. | IDBI |
| C. | ICICI |
| D. | RBI |
| Answer» C. ICICI | |
| 14. |
A tax which is paid by the person on whom the tax is incident is called ____________ |
| A. | rate |
| B. | direct tax |
| C. | indirect tax |
| D. | local tax |
| Answer» C. indirect tax | |
| 15. |
Which of the following is not a Nuclear Power Centre ? |
| A. | Chamera |
| B. | Kota |
| C. | Kakrapar |
| D. | Narora |
| Answer» B. Kota | |
| 16. |
Indian production of tea in the world stands at ____________ |
| A. | fourth |
| B. | first |
| C. | third |
| D. | second |
| Answer» C. third | |
| 17. |
Fiscal policy in India is formulated by ____________ |
| A. | the Fianance Ministry |
| B. | the Securities and Exchange Board of India |
| C. | the Planning Commission |
| D. | the Reserve Bank of India |
| Answer» B. the Securities and Exchange Board of India | |
| 18. |
The impact of Green Revolution was felt most in the case of ____________ |
| A. | pulses |
| B. | oilseeds |
| C. | rice |
| D. | wheat |
| Answer» E. | |
| 19. |
In which area is the public sector most dominant in India? |
| A. | Commercial banking |
| B. | Steel production |
| C. | Transport |
| D. | Organized term lending financial institutions |
| Answer» B. Steel production | |
| 20. |
Who gave the call for 'Evergreen Revolution' in India? |
| A. | MS Ahluwalia |
| B. | MS Swaminathan |
| C. | Dr Manmohan Singh |
| D. | APJ Abdul Kalam |
| Answer» C. Dr Manmohan Singh | |
| 21. |
The purpose of land reforms was to achieve ____________ |
| A. | All of the above |
| B. | increase in production |
| C. | ensure distributive justice with economic growth |
| D. | increase the purchasing power of the rural population |
| Answer» D. increase the purchasing power of the rural population | |
| 22. |
The father ofOperation Floodis ____________ |
| A. | Uma Kapila |
| B. | Amartya Sen |
| C. | Verghese Kurien |
| D. | MS Swaminathan |
| Answer» D. MS Swaminathan | |
| 23. |
Under which plan did the Government introduce an agricultural strategy which gave rise to Green Revolution? |
| A. | Sixth Five Year Plan |
| B. | Second Five Year Plan |
| C. | Fourth Five Year Plan |
| D. | Third Five Year Plan |
| Answer» E. | |
| 24. |
Generally unemployment in a developing country takes place because of ____________ |
| A. | switch over from one job to another |
| B. | lack of complementary factors of production |
| C. | lack of effective demand |
| D. | seasonal factors |
| Answer» C. lack of effective demand | |
| 25. |
SJSRY belongs to ____________ |
| A. | semi-urban areas |
| B. | All of these |
| C. | rural areas |
| D. | urban areas |
| Answer» E. | |
| 26. |
IRDA is associated with ____________ |
| A. | telecommunication |
| B. | banking |
| C. | insurance sectors |
| D. | railways |
| Answer» D. railways | |
| 27. |
The central banking functions in India are performed by the ____________ |
| A. | Both 'b' and 'c' |
| B. | Central Bank |
| C. | RBI |
| D. | SBI |
| Answer» D. SBI | |
| 28. |
Which is the best measure of economic growth of a country? |
| A. | None of these |
| B. | GNP |
| C. | NET revenue |
| D. | GDP |
| Answer» C. NET revenue | |
| 29. |
'Eco Mark' is given to the Indian products that are ____________ |
| A. | environment friendly |
| B. | economically viable |
| C. | rich in proteins |
| D. | pure and unadulterated |
| Answer» B. economically viable | |
| 30. |
Rajeev Gandhi Scheme for empowerment of adolescent girls of the age group |
| A. | 18-20 |
| B. | None of these |
| C. | 10-18 |
| D. | 11-18 |
| Answer» E. | |
| 31. |
Highest per capita income is inversely co-related with the proportion of active population engaged in ____________ |
| A. | All of these |
| B. | service |
| C. | agriculture |
| D. | industry |
| Answer» B. service | |
| 32. |
Octroi is levied and collected by ____________ |
| A. | Local Bodies |
| B. | Both 'a' and 'b' |
| C. | Statte Government |
| D. | Centre |
| Answer» B. Both 'a' and 'b' | |
| 33. |
Aam Admi Bima Yojana is an insurance scheme for rural landless households introduced by ____________ |
| A. | None of these |
| B. | LIC |
| C. | ICICI |
| D. | UTI |
| Answer» C. ICICI | |
| 34. |
In India inflation is measured by the ____________ |
| A. | Consumer Price Index for urban non-manual workers |
| B. | WPI |
| C. | Naional Income Deflation |
| D. | Consumer Price Index for urban non-manal workers |
| Answer» C. Naional Income Deflation | |
| 35. |
Who is the present RBI Governor ? |
| A. | Arun Ramnathan |
| B. | Rakesh Mohan |
| C. | YB Reddy |
| D. | D Subbarao |
| Answer» E. | |
| 36. |
The helpline 'Udyami' is to assist ____________ |
| A. | None of the above |
| B. | only female entrepreners |
| C. | Both 'a' and 'b' |
| D. | micro, small and medium enterprises |
| Answer» E. | |
| 37. |
Agriculture Income Tax is assigned to the State Government by ____________ |
| A. | the Inter-State Council |
| B. | the Constitution of India |
| C. | the National Development Council |
| D. | the Finance Commission |
| Answer» E. | |
| 38. |
Indian Economy is _________ economy. |
| A. | Gandhian |
| B. | mixed |
| C. | free |
| D. | socialist |
| Answer» D. socialist | |
| 39. |
The ARDC (Agricultural Refinance and Development Corporation) is now a branch of the ____________ |
| A. | SIDBI |
| B. | RBI |
| C. | IDBI |
| D. | NABARD |
| Answer» E. | |
| 40. |
Economic Survey is published by ____________ |
| A. | Ministry of Finance |
| B. | Planning Commission |
| C. | Indian Statistical Institute |
| D. | Governments of India |
| Answer» B. Planning Commission | |
| 41. |
Which of the following committees examined and suggested financial sector reforms? |
| A. | Chelliah Committee |
| B. | Narasimham Committee |
| C. | Bhagwati Committee |
| D. | Abid Hussain Committee |
| Answer» C. Bhagwati Committee | |
| 42. |
In India, the Bank NABARD does not provide refinance to ____________ |
| A. | export-import banks |
| B. | state land development banks |
| C. | regional rural banks |
| D. | scheduled commercial banks |
| Answer» B. state land development banks | |
| 43. |
'Apna Khet, Apna Kaam', a new scheme under MNREGA has been initiated in which state ? |
| A. | Uttar Pradesh |
| B. | Madhya Pradesh |
| C. | Rajasthan |
| D. | Punjab |
| Answer» D. Punjab | |
| 44. |
Who among the following was the first Chairman of the Planning Commission? |
| A. | JB Kriplani |
| B. | Dr Rajendra Prasad |
| C. | Sardar Vallabhbhai Patel |
| D. | Pt Jawaharlal Nehru |
| Answer» E. | |
| 45. |
Who was the fist Indian Governor of the RBI? |
| A. | Sachindra Ray |
| B. | None of these |
| C. | S Mukherjee |
| D. | C D Deshmukh |
| Answer» B. None of these | |
| 46. |
13th Finance Commission was constituted under the Chairmanship of ____________ |
| A. | Laxmi Narayan |
| B. | YSP Thorat |
| C. | TS Vijayan |
| D. | Vijai L Kelkar |
| Answer» E. | |
| 47. |
The working of SEBI includes ____________ |
| A. | to control the inside trading of shares |
| B. | All of the above |
| C. | to check the foul dealings in share market |
| D. | to regulate the dealings of share market |
| Answer» C. to check the foul dealings in share market | |
| 48. |
Human Development Index comprises literacy rates, life expectancy at birth and ____________ |
| A. | gross national product in US dollars |
| B. | national income per head in US dollars |
| C. | gross domestic product per head at real purchasing power |
| D. | gross domestic product per head in the US dollars |
| Answer» D. gross domestic product per head in the US dollars | |
| 49. |
The Currency Convertibility concept in its originated in ____________ |
| A. | Symmonds agreement |
| B. | Taylors agreement |
| C. | Bretton Woods agreement |
| D. | Wells agreement |
| Answer» C. Bretton Woods agreement | |
| 50. |
NABARD was established on the recommendations of ____________ |
| A. | None of the above |
| B. | Public Accounts Committee |
| C. | Narsimham Committee |
| D. | Shivaraman Committee |
| Answer» E. | |