65 Economics MCQ Questions in english

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65 Economics MCQ Questions in english हिन्दी

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

Based on data from RBI, India’s foreign exchange reserves increased by 835 million Dollars to a record $612.73 billion in the week ended July.

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

All except the effect of increasing the money supply on inflation is a microeconomic problem.

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

Income generated from Tourism” can be placed in which among invisible Export

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

RBI Governor

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

In the year 2015 the Government of India merged FMC with SEBI and the Forward Contracts Regulation Act (FCRA) 1952 got repealed. SEBI is the unified regulator for commodities and capital market in India.

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

The ICDS Scheme offers a package of six services, viz. Supplementary Nutrition; Pre-school non-formal education; Nutrition & health education; Immunization; Health check-up and Referral services. This programme was launched on 2nd October, 1975, as one of the flagship programmes of the Government of India and represents one of the world’s largest and unique programmes for early childhood care and development. The Integrated Child Development Services (ICDS) Scheme is a centrally sponsored Scheme implemented by States/UTs across the country.

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

Unclaimed deposits are deposits where the proceeds/maturity has not been claimed for a period of 10 years or more. In other words, term deposits are deemed unclaimed if they are inactive/inoperative for more than 10 years.

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

The correct answer among the following will be option B which is the grey revolution. Grey revolution is an important event in the economical history of India that emphasized more on elevating levels of fertilizer manufacture. The grey revolution primarily helped in bringing out the cons of the green revolution by which the possibilities of malfunctioning irrigation equipment and ill effects of high chemical involvement in the agriculture field came to light.

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

The correct answer will be option C which is the MCLR interest rate. The MCLR stands for the marginal cost of funds based Lending rate. It sets an optimum interest norm under which the financial establishments are not allowed to provide financial loans which come with exceptions in certain conditions.