49 Economics MCQ Questions in english

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49 Economics MCQ Questions in english हिन्दी

21. The National Mission for Saffron has been launched as a sub- scheme of which among the following programmes?

A. National Food Security Mission

B. National Cash Crop Programme

C. National Horticulture Mission

D. Rashtriya Krishi Vikas Yojana

20. The term ‘Base Erosion and Profit Shifting’ is sometimes seen in the news in the context of

A. mining operation by multinational companies in resource-rich but backward areas

B. curbing of the tax evasion by multinational companies

C. exploitation of genetic resources of a country by multinational companies

D. lack of consideration of environmental costs in the planning and implementation of developmental projects

19. In the context of Indian economy, ‘Open Market Operations’ refers to

A. borrowing by scheduled banks from the RBI

B. lending by commercial banks to industry and trade

C. purchase and sale of government securities by the RBI .

D. none of the above

18. Who among the following can join the National Pension System (NPS) ?

A. Resident Indian citizens only

B. Persons of age from 21 to 55 only

C. All State Government employees joining the services after the date of notification by the respective State Governments

D. All Central Government employees including those of Armed Forces joining the services on or after 1st April, 2004

17. Despite being a high saving economy, capital formation may not result in significant increase in output due to

A. weak administrative machinery

B. illiteracy

C. high population density

D. high capital-output ratio

16. In the context of any country, which one of the following would be considered as part of its social capital?

A. The proportion of literates in the population

B. The stock of its buildings, other infrastructure and machines

C. The size of population in the working age group

D. The level of mutual trust and harmony in the society

15. In India, the central bank’s function as the ‘lender of last resort’ usually refers to which of the following?

A. Lending to trade and industry-bodies when they fail to borrow from other sources

B. Providing liquidity to the banks having a temporary crisis

C. Lending to governments to finance budgetary deficits

D. None of these

14. “Gold Tranche” (Reserve Tranche) refers to

A. a loan system of the World Bank

B. one of the operations of a Central Bank

C. a credit system granted by WTO to its members

D. a credit system granted by IMF to its members

13. In India, which one of the following compiles information on industrial disputes, closures, retrenchments and lay-offs in factories employing workers ?

A. Central Statistics Office

B. Department for Promotion of Industry and Internal Trade

C. Labour Bureau

D. National Technical Manpower Information System

12. In India, which one of the following is responsible for maintaining price stability by controlling inflation?

A. Department of Consumer Affairs

B. Expenditure Management Commission

C. Financial Stability and Development Council

D. Reserve Bank of India

11. “Rapid Financing Instrument” and “Rapid Credit Facility” are related to the provisions of lending by which one of the following?

A. Asian Development Bank

B. International Monetary Fund

C. United Nations Environment Programme Finance Initiative

D. World Bank

10. What does the term “Incentive” mean?

A. It is the opposite of a tradeoff

B. It could be a reward but could not be a penalty.

C. It could either be a reward or a penalty.

D. It could be a penalty but could not be a reward.

E. none of the above

F. both 1 and 2

9. Which of the following constitutes the major share in India’s foreign exchange reserves?

A. Gold

B. Foreign Currency Assets

C. SDR at IMF

D. Reserve Position at IMF

8. Microeconomics includes all of the following except...

A. the effect of increasing the money supply on inflation

B. the purchasing decisions of an individual consumer

C. the effect of an increase in cigarette tax on cigarette sales

D. the hiring decisions a firm makes

E. none of the above

F. either a or b

7. ” Income generated from Tourism” can be placed in which among the following?

A. Invisible Import

B. Invisible Export

C. Visible Import

D. Visible Export

E. none of the above

F. either c or b

6. Who among the following works as head of the “Board for Financial Supervision” in India?

A. Finance Minister

B. RBI Governor

C. Minister of State for Finance

D. Independent head appointed by President

E. both a and b

F. none of the above

5. Which among the following is the regulator of Commodity markets in India?

A. RBI

B. SEBI

C. SBI

D. Forward Markets Commission

E. none of the above

F. either a or b

4. The Integrated Child Development Services (ICDS) Scheme aims to improve the nutritional and health status of children in the age-group of _?

A. 0-6 years

B. 0-10 years

C. 0-14 years

D. 6-14 years

E. 14-17 years

F. 17-21years

3. The Unclaimed deposits are those deposits which haven’t been operated for ______?

A. 5 years or more

B. 7 years or more

C. 10 years or more

D. 12 years or more

E. 15years or more

F. none of the above

2. The correct term among the mentioned revolutions that properly corresponds to ‘fertilizers’ is?

A. Silver Revolution

B. The grey revolution

C. Golden Revolution

D. Pink Revolution

E. Blue revolution

F. white revolution

1. Which of the mentioned properties is applied by the Indian Banks as a fundamental benchmark to calculate the Indian currency loans and credits?

A. Rate of interest of Bank

B. Rate of interest according to the base

C. The rate of MCLR

D. The interest according to the repo

E. none of the above

F. either A or B

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