MCQOPTIONS
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MCQOPTIONS
This section includes 1588 Mcqs, each offering curated multiple-choice questions to sharpen your Banking And Financial Awareness knowledge and support exam preparation. Choose a topic below to get started.
| 901. |
Other things being equal, a decrease in quantity demanded of a commodity can be caused by?[SSC L.DC 2014] |
| A. | A rise in the price of the commodity |
| B. | A rise in the income of the consumer |
| C. | A fall in the price of a commodity |
| D. | A fall in the income of the consumer |
| Answer» B. A rise in the income of the consumer | |
| 902. |
Which of the following statement is correct? [SSC LDC 2014] |
| A. | Most workers will work for less than their reservation wage |
| B. | The reservation wage is the maximum amount any firm will pay for a worker |
| C. | Economic rent is the difference between the market wages |
| D. | Economic rent is the amount one must pay to enter a desirable labor market |
| Answer» D. Economic rent is the amount one must pay to enter a desirable labor market | |
| 903. |
Which of the following are consumer Semi-durable goods? |
| A. | Cars and television sets |
| B. | Milk and milk products |
| C. | Food grains and other food products |
| D. | Electrical appliance like fans and electric irons |
| Answer» E. | |
| 904. |
Which of the following occurs when labor productivity rises? |
| A. | The equilibrium nominal wage falls |
| B. | The equilibrium quantity of labor falls |
| C. | Competitive firms will be induced to use more capital |
| D. | The labor demand curve shift to the right |
| Answer» E. | |
| 905. |
Which of the following is not an economic problem? [SSCLDC2014] |
| A. | Deciding between paid work and leisure |
| B. | Deciding between expenditure on one good and the other |
| C. | Deciding between alternative methods of personal saving |
| D. | Deciding between different ways of spending leisure time |
| E. | |
| Answer» E. | |
| 906. |
Capacity utilization? |
| A. | Is usually near 100 percent |
| B. | Represents the percent of the labor force that is employed |
| C. | Is a measure of the proportional of the existing capital stock used for current production? |
| D. | Rises as the economy moves into a recession. Since firms must replace unemployed workers with some other resources to maintain production |
| Answer» E. | |
| 907. |
The value of investment multiplier relates to? |
| A. | Change in income due to change in autonomous investment |
| B. | Change in autonomous investment due to change in income |
| C. | Change in income due to change in consumption |
| D. | Change in income due to change in induced investments |
| Answer» C. Change in income due to change in consumption | |
| 908. |
The theory of 'Maximum Social Advantage? in public Finance was given by- [SSCLDC2014] |
| A. | Robbins |
| B. | Musgrave |
| C. | Findley |
| D. | Dalton |
| Answer» E. | |
| 909. |
If two commodities are complements, then their cross price elasticity is? [SSC2009] |
| A. | Zero |
| B. | Positive |
| C. | Negative |
| D. | Imaginary number |
| Answer» D. Imaginary number | |
| 910. |
The second plan gave priority to? [SSCLDC2014] |
| A. | Agriculture |
| B. | Services |
| C. | Heavy industries |
| D. | foreign trade |
| Answer» D. foreign trade | |
| 911. |
The central government plans to launch a 'Rashtriya Avishkar Abhiyan, or 'National Innovation Mission' to incalculate a desire for? [NIACL Asstt. 2015] |
| A. | Society oriented learning |
| B. | Enquiry based learning |
| C. | Job oriented learning |
| D. | Academics oriented learning |
| Answer» E. | |
| 912. |
The Direct Benefit Transfer of LPG (DBTL) scheme has now been modified and renamed as- [NIACL AO 2015] |
| A. | Badta |
| B. | PAHAL |
| C. | PARAS |
| D. | PRAYAS |
| Answer» C. PARAS | |
| 913. |
Which of the following is a recently introduced programmer where- in each Member of Parliament would adopt three village for rural infrastructure Development? [NIACL AO 2015] |
| A. | Samaras Adarsh Gram Yojana |
| B. | Jawahar Gram Samridhi Yojana |
| C. | Nirmal Adarsh Gram Yojana |
| D. | Sansad Adarsh Gram Yojana |
| Answer» E. | |
| 914. |
Which of the following programmers is an inclusion programmer recently launched by the government of.......... |
| A. | PMAGY |
| B. | PMEGP |
| C. | PMSSY |
| D. | PMJDY |
| Answer» E. | |
| 915. |
The recently launched 'Deen Dayal Upadhya? Gramin Kaushal Yojanay (DDUGKY) is a central government scheme aimed at? [IBPS 2014] |
| A. | Family welfare in rural area |
| B. | Improving irrigation potential |
| C. | Employment generation in urban area |
| D. | Skill improvement in rural area |
| Answer» E. | |
| 916. |
Private Investment is otherwise called as? [SSC CCL. 2014] |
| A. | Foreign direct investment |
| B. | Induced investment |
| C. | Autonomous investment |
| D. | Foreign institutional investment |
| Answer» D. Foreign institutional investment | |
| 917. |
Capital goods' refers to goods which? [SSC'F 2014] |
| A. | Serve as a source of raising further capital |
| B. | Help in the further production of goods |
| C. | Directly go into the satisfaction of human wants |
| D. | Find multiple uses |
| Answer» E. | |
| 918. |
The basic characteristic of oligopoly is? [SSC 2014] |
| A. | A few sellers, a few buyers |
| B. | A few sellers, many buyers |
| C. | A few sellers, one buyer |
| D. | Many sellers, a few buyers |
| Answer» C. A few sellers, one buyer | |
| 919. |
Demand pull Inflation is a situation of ? [SSC 'SDC 2012] |
| A. | Excess demand |
| B. | Parity between demand and supply |
| C. | Excess supply |
| D. | None of the above |
| Answer» B. Parity between demand and supply | |
| 920. |
The excess of price a person is to pay rather than forego the consumption of the commodity is called?[SSC 2010] |
| A. | Price |
| B. | Profit |
| C. | Producer's surplus |
| D. | Consumer's surplus |
| Answer» E. | |
| 921. |
Which one of the following is not possible under short run? |
| A. | Increasing the working time |
| B. | Technology up gradation |
| C. | Hiring additional workers |
| D. | Procuring more raw materials |
| Answer» C. Hiring additional workers | |
| 922. |
Of the following, which one corresponds to the fixed cost? |
| A. | Transportation charges |
| B. | Insurance premium on property |
| C. | Labor cost |
| D. | Payments for raw material |
| Answer» C. Labor cost | |
| 923. |
Car and petrol are ______ |
| A. | Necessaries |
| B. | Luxuries |
| C. | Complementariness |
| D. | Substitutes |
| Answer» D. Substitutes | |
| 924. |
When a leather industry discharges its waste in the river causing water pollution, the cost incurred on health hazards is called? [SSC,LDC 2012] |
| A. | Implicit cost |
| B. | Social cost |
| C. | Private cost |
| D. | Opportunity cost |
| Answer» C. Private cost | |
| 925. |
Which one of the following is a characteristic of oligopolistic industries? [SBI Clerk 2012] |
| A. | Product differentiation |
| B. | Homogeneous goods |
| C. | Price rigidity |
| D. | Price discrimination |
| Answer» E. | |
| 926. |
Which one of the following is not a direct determinant of demand? [SSCLDC2012] |
| A. | Savings |
| B. | Income |
| C. | Price of the commodity |
| D. | Task |
| Answer» D. Task | |
| 927. |
Division of labor is a concept advocated by ? |
| A. | Keynes |
| B. | Marshall |
| C. | Smith |
| D. | Baumol |
| Answer» D. Baumol | |
| 928. |
Inequalities in the distribution of income is measured by ? [SSCLDC2012] |
| A. | Phillips curve |
| B. | Lorenz curve |
| C. | Orgive curve |
| D. | is curve |
| Answer» C. Orgive curve | |
| 929. |
Wind fall gains means? |
| A. | Normal profit |
| B. | Economic profit |
| C. | Sudden rise in prices |
| D. | Slow rise in prices |
| Answer» D. Slow rise in prices | |
| 930. |
Economics is what it ought to be' This statement refers to? |
| A. | Normative economics |
| B. | Positive economics |
| C. | Monetary economics |
| D. | Fiscal economics |
| Answer» B. Positive economics | |
| 931. |
Which one of the following is not a long term objective of Indian planning? [SSC L.DC 2012] |
| A. | Increase wheat production |
| B. | Achieve full-employment |
| C. | Reduction of Income inequality |
| D. | Equality and social justice |
| E. | |
| Answer» B. Achieve full-employment | |
| 932. |
Which one of the following is the most appropriate reason for Inequalities in income? |
| A. | Racial factors |
| B. | Lack of opportunities |
| C. | Inheritance from family environment |
| D. | Differences in ability |
| Answer» E. | |
| 933. |
Kinked demand curve is a feature of ? [SSCLDC2012] |
| A. | Monopoly |
| B. | Oligopoly |
| C. | Monopsony |
| D. | Duopoly |
| Answer» C. Monopsony | |
| 934. |
Which of the following statements is true about Rashtriya Swasthya Bima Yoyana launched by the government of India? |
| A. | This scheme is only for children up to 14 years age. |
| B. | The scheme was launched in 1983 but was withdrawn in 2000. |
| C. | In 12th five year plan about of crore families will be provided Insurance cover under the scheme. |
| D. | All those who are above |
| E. | None of these |
| Answer» D. All those who are above | |
| 935. |
Which of the following schemes launched by the government of India is aimed at developing rural infrastructure? [I B.PS RRB Officer 2012] |
| A. | MNREGA |
| B. | ASHA Bharat Nirman |
| C. | Operation flood |
| D. | Operation Black board |
| Answer» D. Operation Black board | |
| 936. |
Which program was launched by Government of India to improve irrigation facilities in rural India? [RRB officer 2012] |
| A. | Annapurna scheme |
| B. | National social Assistance programme |
| C. | Integrated Rural Development programme |
| D. | Sampoorna Grameen Rozgar yoyana |
| E. | National watershed development programmers |
| Answer» F. | |
| 937. |
Which of the following schemes was launched by the govt of India for school children? [SBI Clerk 2012] |
| A. | Mid-day meal |
| B. | MGNREGA |
| C. | RAY |
| D. | Look east |
| E. | Swavlamban |
| Answer» B. MGNREGA | |
| 938. |
The economy in which there is a mixture of public sector and private sector both is called ?[SBI Clerk 2G 12] |
| A. | Closed economy |
| B. | Mixed economy |
| C. | Open economy |
| D. | Free trade economy |
| E. | Public economy |
| Answer» C. Open economy | |
| 939. |
Very often we read the terms "perform. Achieve and Trade" (PAT) in newspapers/magazines these days PAT is related to which of the following fields: |
| A. | Energy efficiency |
| B. | Indira Awas yoyana |
| C. | Mid-Day meal scheme |
| D. | Bharat Nirman |
| E. | National old age pension scheme |
| Answer» B. Indira Awas yoyana | |
| 940. |
Which is the biggest tax paying sector in India? |
| A. | Agriculture sector |
| B. | Industrial sector |
| C. | Transport sector |
| D. | Banking sector |
| Answer» C. Transport sector | |
| 941. |
Which of the following schemes has been launched to provide pension to people in unorganised sectors in India? |
| A. | Surabhiman |
| B. | Jeevan Dhara |
| C. | Jeevan Kalyan |
| D. | Asha |
| E. | Swavalamban |
| Answer» F. | |
| 942. |
Which of the following states has launched "panch parmeshwar yojana" under which panchayats are allowed to use the fund for developing infrastructure and basic amenities in villages? |
| A. | Uttar Pradesh |
| B. | Maharashtra |
| C. | Gujarat |
| D. | Madhya Pradesh |
| E. | Tamilnadu |
| Answer» E. Tamilnadu | |
| 943. |
Which of the following acts is in vogue in India is against the thinking of raising school fee as per Demand of the market forces? |
| A. | Prevention of corruption act |
| B. | Child labor (prohibition Regulation) Act |
| C. | Sharda Act |
| D. | Right to education act |
| E. | MNREGA |
| Answer» E. MNREGA | |
| 944. |
The National Food for Work Scheme is now merged with which of the following? |
| A. | Pradhan Mantri Gram Sadak Yojana |
| B. | Mahatma Gandhi National Rural Employment Gurantee Act |
| C. | Bharat Nirman |
| D. | Indira Awas Yojana |
| Answer» C. Bharat Nirman | |
| 945. |
Which of the following is the scheme for providing electricity connections to all the rural households in the country? |
| A. | ASHA |
| B. | Swadhar |
| C. | Kutir. Jyoti |
| D. | None of these |
| Answer» D. None of these | |
| 946. |
Rashtriya Swasthya Bima Yojana (RSBY) is a scheme launched by the Ministry of? |
| A. | Finance |
| B. | Rural Development |
| C. | Commerce |
| D. | Labour |
| Answer» E. | |
| 947. |
The govt. of India is planning to link the prices of diesel and petrol to market prices and may also introduce a graded system of sharing sub- sidy. If it is done, this will be in order to implement the recommendation of which of the following committees? |
| A. | Murii Deora Committee |
| B. | C. Rangarajan Committee |
| C. | Kirit Parikh Committee |
| D. | None of these |
| Answer» E. | |
| 948. |
As per the Reports published in newspapers, the Govt. of India has asked all the states to conduct a "Social Audit77 of each and every work of which of the following schemes? |
| A. | National Rural Employment Guarantee Act |
| B. | Pradhan Mantri Gram Sadak Yojana |
| C. | Indira Awas Yojana |
| D. | All of these |
| Answer» B. Pradhan Mantri Gram Sadak Yojana | |
| 949. |
The working group set up by the RBI has suggested the launch of an Emergency Fund Facility Scheme for banks. This scheme will help which of the following type of Banks? |
| A. | Public Sector Banks |
| B. | Small Banks |
| C. | Urban Co-operative Banks |
| D. | Private Banks (S.B.I- PO. 2010) |
| Answer» B. Small Banks | |
| 950. |
The National Rural Employment Guarantee Act is now known by which of the following names? (S.B.I.EO. 2010) |
| A. | Indira Gandhi Rural Employment Guarantee Act |
| B. | Rajiv Gandhi Rural Employment Guarantee Act |
| C. | Jawahar Lal Nehru Rural Employment Guarantee Act |
| D. | Mahatma Gandhi Rural Employment Guarantee Act |
| Answer» E. | |