Economics/Economics MCQ Questions Sample Test,Sample questions

Question:
A part of the national debt which is known as external debt is__

1.borrowed by its citizens from abroad

2.lent by its citizens to foreign governments

3.borrowed by its government from abroad

4.lent by its government to foreign government

Posted Date:-2023-12-04 05:11:38


Question:
A systematic record of all economic transactions completed between residents of a country and the rest of the world in a year is known as..?

1.Net Capital Flow

2.Balance of Payment

3.Balance of Trade

4.Absolute Flow

Posted Date:-2023-12-04 05:18:35


Question:
Disinvestment in public sector is called?

1.Liberalisation

2.Globalisation

3.Industrialisation

4.Privatisation

Posted Date:-2023-12-04 05:12:44


Question:
For the first time, indicative planning was used in which FIve Year Plan?

1.Third Five Year Plan

2.Fifth Five Year Plan

3.Eighth Five Year Plan

4.Tenth Five Year Plan

Posted Date:-2023-12-04 06:02:14


Question:
How many of the following Navratna CPSEs (Central Public Sector Enterprises) are there in India?

1.16

2.17

3.18

4.21

Posted Date:-2023-12-04 05:14:39


Question:
If the average cost falls, what will be the marginal cost?

1.increases at a higher rate

2.falls at the same rate

3.increases at a lower rate

4.falls at a higher rate

Posted Date:-2023-12-04 05:00:49


Question:
Poverty in India is measured by any one of the following criteria?

1.intake of the calories

2.education level of the family

3.number of rooms of the residence

4.number of family members

Posted Date:-2023-12-04 05:07:05


Question:
Reserve Bank of India is bound to maintain a reserve against the note issue whatever may be the amount. This system is called as follows:

1.Minimum Reserve System

2.Proportional Reserve System

3.Maximum Fiduciary Issue system

4.Simple deposit system

Posted Date:-2023-12-04 05:20:20


Question:
Rythu Bazar is a direct Agri produce marketing place in which state?

1.Andhra Pradesh

2.Telangana

3.Both

4.None

Posted Date:-2023-12-04 06:07:06


Question:
Seema Darshan project for border tourism belongs to which state?

1.Jammu & Kashmir

2.Rajasthan

3.Gujarat

4.Sikkim

Posted Date:-2023-12-04 05:57:55


Question:
Swarna Jayanti Gram Swarozgar Yojana has now been restructured as which of the following?

1.Prime Minister’s Rojgar Yojana

2.Jawahar Gram Samridhi Yojana

3.National Rural Livelihoods Mission

4.Sampoorna Gramin Rojgar Yojana

Posted Date:-2023-12-04 05:08:14


Question:
The concept of ‘Universal Banking’ was implemented in India on the recommendations of:

1. Abid Hussain Committee

2. R H Khan Committee

3. S Padmanabhan Committee

4. Y H Malegam Committee

Posted Date:-2023-12-04 05:56:53


Question:
The consumer gets maximum satisfaction at the point where which of the following happens?

1.Marginal Utility = Price

2.Marginal Utility > Price

3.Marginal Utility < Price

4.Marginal Cost = Price

Posted Date:-2023-12-04 05:03:56


Question:
The name of Sir Chintaman Dwarkanath Deshmukh is special in the Indian Banking Sector. He was __________?

1.First Indian to establish a Bank in India

2. First Indian to be chairman of State Bank of India

3.First Indian to be governor of the Reserve Bank of India (RBI),

4.Pioneer in Indian Commercial Banking

Posted Date:-2023-12-04 05:19:24


Question:
Urban Co-operative banks are governed by?

1.State Governments

2.RBI

3.Both a and b

4.Central Government

Posted Date:-2023-12-04 05:55:58


Question:
What is the currency of Japan?

1.Renminbi

2.Euro

3.Yen

4.Dollar

Posted Date:-2023-12-04 05:13:46


Question:
What is the main objective of ASPIRE scheme?

1.Set up incubation centres

2.Create new jobs

3.Promote MSME’s

4.All of the above

Posted Date:-2023-12-04 06:08:22


Question:
What is the percentage of fish produced from the Inland fishery?

1.65%

2.40%

3.30%

4.20%

Posted Date:-2023-12-04 06:06:09


Question:
When was the Pradhan Mantri Sukanya Samridhi Yojana launched?

1.September 2014

2.August 2015

3.January 2015

4.January 2016

Posted Date:-2023-12-04 05:09:16


Question:
Which among the following finds highest weight age in the Index of Industrial Production?

1.Electricity

2.Finished Steel

3.Crudeoil

4.Coal

Posted Date:-2023-12-04 05:55:03


Question:
Which among the following is most important for agricultural productivity?

1.Irrigation

2.Rainfall

3.Seeds

4.Fertilizers

Posted Date:-2023-12-04 06:03:26


Question:
Which area was to be examined by the Chellaiya Committee?

1.Center-state relations

2.Industrial sickness

3.Taxes

4.Insurance

Posted Date:-2023-12-04 05:16:38


Question:
Which is the largest producer of Coconut in the country?

1.Karnataka

2.Andhra Pradesh

3.Kerala

4.None of the above

Posted Date:-2023-12-04 06:04:24


Question:
Which of the economic system have the shortcoming of overproduction and over-exploitation of workers?

1.Socialist system

2.Mixed system

3.Market system

4.Traditional system

Posted Date:-2023-12-04 05:59:57


Question:
Which of the following comes under the Tertiary sector?

1.Textile manufacturing

2.Tourism

3.Telephone

4.All of the above Hide Answer

Posted Date:-2023-12-04 06:01:01


Question:
Which of the following equilibrium is equal to capital flows from the rest of the world minus capital flows to the rest of the world?

1.Current Account

2.Savings Account

3.Capital Account

4.Asset Account

Posted Date:-2023-12-04 05:02:30


Question:
Which of the following is not a measure to control inflation adopted by the Government or RBI? 

1.Monetary Policy

2.Fiscal Policy

3.Financial Inclusion

4.Price Control

Posted Date:-2023-12-04 05:53:56


Question:
Which organization is funding the poultry venture capital fund scheme?

1.NABARD

2.ICAR

3.Ministry of agriculture

4.Ministry of commerce and industry

Posted Date:-2023-12-04 06:05:16


Question:
Who among the following presented the Union Budget in 1970?

1.T.T. Krishnamachari

2.C. Subramaniam

3.Indira Gandhi

4.R. Venkatraman

Posted Date:-2023-12-04 05:10:36


Question:
Who is the author of “India 2020, Journal of Quantitative Economics”?

1.Yoginder K Algah

2.Mihir Shah

3.Raghuram Rajan

4.Bibek Debroy

Posted Date:-2023-12-04 05:58:54


More MCQS

  1. Class 9th Economics
  2. Class 10th Economics
  3. Economics Development
  4. Social Economics -Development
  5. Sectors of Indian Economy
  6. Indian Economy for Competitive Examinations
  7. Economics Bank System MCQS
  8. Economics National Income MCQS Set-1
  9. Economics National Income MCQS Set-2
  10. Economic Growth and Development
  11. Economics Money Banking and International Trade
  12. Economics Nature and Scope of Economics
  13. Economics Production and Production Function
  14. Economic Development and Planning
  15. Economics Balance of Payments
  16. Economics Central Bank
  17. Economics Equilibrium Of National Income
  18. Economics International Economic Organisations
  19. Economics Business and Finance
  20. Economics Economics and Commercial Geography
  21. Economics International Economic Organisations set-2
  22. Economics Money and Value of Money
  23. Economics Demand and Supply Set-1
  24. Economics Economy of Pakistan
  25. Economics Public Finance
  26. Economics Scale Of Production and Laws of Returns
  27. Economics Transport Communication and Human Resources
  28. Economics Wages Rent Interest and Profit
  29. Economics Demand and Supply Set-2
  30. Economics Great Economists and Their Work Set-1
  31. Economics Great Economists and Their Work Set-2
  32. Economics Market and Revenue Curves
  33. Economics Market Equilibrium
  34. Economics National Income Accounting Set-1
  35. Economics World Economy
  36. Economics National Income Accounting Set-2
  37. MCQ Indian Economy Set 5
  38. MCQ Indian Economy Set 1
  39. MCQ Indian Economy Set 2
  40. MCQ Indian Economy Set 3
  41. MCQ Indian Economy Set 4
  42. Indian Economy MCQs Part 1
  43. Indian Economy MCQs Part 2
  44. Economics MCQ Questions
  45. Economics MCQ Questions
  46. Economics MCQ QUESTION AND ANSWER
  47. INDIAN ECONOMY MCQ QUESTION AND ANSWER
Search
R4R Team
R4Rin Top Tutorials are Core Java,Hibernate ,Spring,Sturts.The content on R4R.in website is done by expert team not only with the help of books but along with the strong professional knowledge in all context like coding,designing, marketing,etc!