Banking Marketing Aptitude Economics Question Bank

done Economics Total Questions - 155

• question_answer1)
  Brown Revolution' is ?
  A)
   Growth of fodder industry done clear
  B)
         Growth of sea products done clear
  C)
         Growth of milk and milk products done clear
  D)
         Growth of food processing and soft drink done clear
  View Solution play_arrow

• question_answer2)
  Industries in India
  A)
   The breakeven point is where? done clear
  B)
        Marginal revenue equals Marginal cost done clear
  C)
        Average revenue equals Average cost done clear
  D)
        Total revenue equals Total cost done clear
  E)
        None of the above done clear
  View Solution play_arrow

• question_answer3)
  Disinvestment in public sector is called?
  A)
  Liberalization   done clear
  B)
                     Globalization done clear
  C)
        Industrialization             done clear
  D)
        Privatization done clear
  View Solution play_arrow

• question_answer4)
  Poverty in less developed country is largely due to-?
  A)
  Voluntary idleness done clear
  B)
        Income inequality done clear
  C)
        Lack of cultural activities done clear
  D)
        Lack of intelligence of the people done clear
  View Solution play_arrow

• question_answer5)
  When the price of a commodity falls, we can expect?
  A)
  The supply of it to increase done clear
  B)
        The demand for it to fall done clear
  C)
        The demand for it to stay constant done clear
  D)
        The demand for it to increase done clear
  View Solution play_arrow

• question_answer6)
  WTO basically promotes?
  A)
  Financial support done clear
  B)
        Global peace done clear
  C)
        Unilateral trade   done clear
  D)
        Multilateral trade done clear
  View Solution play_arrow

• question_answer7)
  Under which market condition do firms have excess capacity?
  A)
  Perfect competition    done clear
  B)
              Monopolistic competition done clear
  C)
        Duopoly    done clear
  D)
                        Oligopoly     done clear
  View Solution play_arrow

• question_answer8)
    Price theory is known as?
  A)
  Macro economics   done clear
  B)
                 Development economics done clear
  C)
        Public economics           done clear
  D)
         Micro economics done clear
  View Solution play_arrow

• question_answer9)
  The exchange of commodities between two countries is referred as?                          [SSCCGL2011]
  A)
  Balance of trade done clear
  B)
        Bilateral trade done clear
  C)
        Volume of trade   done clear
  D)
        Multilateral trade done clear
  View Solution play_arrow

• question_answer10)
  A want becomes a demand only when it is backed by the?                                     [SSC2010]
  A)
  Ability to purchase done clear
  B)
           Necessity to buy done clear
  C)
        Desire to buy                  done clear
  D)
         Utility of the product done clear
  View Solution play_arrow

• question_answer11)
  The term 'Micro economies' and Macroeconomics were coined by?                           [SSC CGL 2010]
  A)
  Alfred Marshall done clear
  B)
        Regner Nurse done clear
  C)
        Ragner Frish done clear
  D)
        J.M. Keynes done clear
  View Solution play_arrow

• question_answer12)
  Which is the biggest tax paying sector in India?
  A)
  Agriculture sector done clear
  B)
             Industrial sector done clear
  C)
        Transport sector      done clear
  D)
        Banking sector done clear
  View Solution play_arrow

• question_answer13)
  Economics is what it ought to be' This statement refers to?
  A)
  Normative economics done clear
  B)
             Positive economics done clear
  C)
        Monetary economics      done clear
  D)
           Fiscal economics done clear
  View Solution play_arrow

• question_answer14)
  The excess of price a person is to pay rather than forego the consumption of the commodity is called?[SSC 2010]
  A)
  Price                 done clear
  B)
           Profit done clear
  C)
        Producer's surplus            done clear
  D)
        Consumer's surplus done clear
  View Solution play_arrow

• question_answer15)
  If two commodities are complements, then their cross price elasticity is?                                [SSC2009]
  A)
  Zero      done clear
  B)
                       Positive done clear
  C)
        Negative done clear
  D)
         Imaginary number done clear
  View Solution play_arrow

• question_answer16)
  Opportunity cost of production of a commodity is?                                                [SSC CPO 2009]
  A)
  The cost that the firm could have incurred when a different technique was adopted done clear
  B)
        The cost that the firm could have incurred under a different method of production done clear
  C)
        The Actual cost incurred done clear
  D)
        The next best alternative output  done clear
  View Solution play_arrow

• question_answer17)
                 Surplus earned by a factor other than land in the short period of referred to as?                     [SSC 2009]
  A)
  Economic rent    done clear
  B)
         Net rent done clear
  C)
        Quasi rent done clear
  D)
         Super normal rent   done clear
  View Solution play_arrow

• question_answer18)
  Which from the following is not true when the interest rate in the economy goes up?
  A)
  Saving increases done clear
  B)
         Lending decreases done clear
  C)
        Cost of production increases done clear
  D)
         Return on capital increases done clear
  View Solution play_arrow

• question_answer19)
  Labor Intensive Technique would get chosen in a?                                     [SSC CPO 2009]
  A)
  Labor surplus economy done clear
  B)
        Capital surplus economy done clear
  C)
        Developed economy done clear
  D)
        Developing economy  done clear
  View Solution play_arrow

• question_answer20)
                         The Finance Commission?                                                                      [SSC CPO S.I. 2009]
  A)
  Draws up five year plans done clear
  B)
        Formulates monetary policy done clear
  C)
        Recommends pay revision of central government employees done clear
  D)
        Adjudicates on the sharing of resources between central and states done clear
  View Solution play_arrow

• question_answer21)
  An exceptional demand curve is one that moves?                                                  [SSC 2009]
  A)
  Upward to the right done clear
  B)
                 Downward to the right done clear
  C)
        Horizontal   done clear
  D)
                       Vertically          done clear
  View Solution play_arrow

• question_answer22)
  Production function explains the relationship between?
  A)
  Initial inputs and ultimate output done clear
  B)
        Inputs and ultimate consumption done clear
  C)
        Output and consumption done clear
  D)
        Output and exports     done clear
  View Solution play_arrow

• question_answer23)
             The draft of the five year plans in India is approved by the?
  A)
  National Development council done clear
  B)
        Planning commission done clear
  C)
        National productivity council done clear
  D)
        Ministry of Finance done clear
  View Solution play_arrow

• question_answer24)
  Revealed preference theory was propounded by?
  A)
  Adam Smith      done clear
  B)
                       Marshall done clear
  C)
        PA. Samuelson               done clear
  D)
         J.S. Mill done clear
  View Solution play_arrow

• question_answer25)
  Production function express?
  A)
  Technological relationship between physical inputs and outputs done clear
  B)
        Financial relationship between physical inputs and outputs done clear
  C)
        Relationship between finance and technology done clear
  D)
        Relationship between factors and production      done clear
  View Solution play_arrow

• question_answer26)
      Which one of the following is not a characteristic of the population of a developed country?                                                                                                                                                             [SSC x Assistant 2008]
  A)
  Low birth rate and low death rate done clear
  B)
        High birth rate and high death rate done clear
  C)
        High proportion of urban population done clear
  D)
        Low growth rate of population  done clear
  View Solution play_arrow

• question_answer27)
             Which plan gave emphasis on removal of poverty for the first time?
  A)
  Fourth               done clear
  B)
         Fifth   done clear
  C)
             Sixth                 done clear
  D)
           Seventh done clear
  View Solution play_arrow

• question_answer28)
  Interest is a reward for parting with liquidity is according to.                          [SSC Tax. Assistant 2008]
  A)
  Keynes  done clear
  B)
           Marshall done clear
  C)
           Haberler done clear
  D)
                       Ohiin done clear
  View Solution play_arrow

• question_answer29)
  Extension or contraction of quantity demanded of a commodity is a result of a change in the?                                                                                                                                                             [SSC Tax Assistant 2008]
  A)
  Unit price of the commodity done clear
  B)
        Income of the consumer done clear
  C)
        Taste of the consumer     done clear
  D)
           Climate of the region done clear
  View Solution play_arrow

• question_answer30)
  Cross elasticity of demand between petrol and car is?                                 [SSC Tax Assistant 2008]
  A)
  Infinite   done clear
  B)
           Positive     done clear
  C)
        Zero                  done clear
  D)
           Negative done clear
  View Solution play_arrow

• question_answer31)
  The period of the eleventh five year plan is?                                              [SSC Tax Assistant 2008]
  A)
  2005 to 2010 done clear
  B)
         2006 to 2011 done clear
  C)
        2007 to 2012 done clear
  D)
         2008 to 2013 done clear
  View Solution play_arrow

• question_answer32)
  "Supply creates its own demand". This statement is related to ?                               [SSC 2007, 2008]
  A)
  Prof. J.B. Say    done clear
  B)
         John Robinson done clear
  C)
        Adam Smith done clear
  D)
                       J.S. Mill done clear
  View Solution play_arrow

• question_answer33)
  The term mixed economy denotes?                                                                      [SSC 2008]
  A)
  Existence of both rural and urban sector done clear
  B)
        Existence of both private and public sector done clear
  C)
        Existence of both heavy and small industries done clear
  D)
        Existence of both developed and under developed sectors done clear
  View Solution play_arrow

• question_answer34)
  The law of demand express?                                                   [SC Tax Assistant 2008]
  A)
  Effect of change in price of a commodity on its demand done clear
  B)
        Effect of change in demand of a commodity on its price done clear
  C)
        Effect of change in demand of a commodity over the supply of its substitute done clear
  D)
        None of the above  done clear
  View Solution play_arrow

• question_answer35)
                        Disinvestment is?
  A)
  Offloading of shares of private companies to government done clear
  B)
        Offloading of government shares to private companies done clear
  C)
        Increase in investment done clear
  D)
         Closing down of business concern  done clear
  View Solution play_arrow

• question_answer36)
           When average cost of production falls marginal cost of production must be? [SSCCPOSJ 2010]
  A)
  Rising    done clear
  B)
           Falling done clear
  C)
        Greater than the average cost done clear
  D)
        Less than the average cost done clear
  View Solution play_arrow

• question_answer37)
  Green banking means?
  A)
  Development of forestry by banks done clear
  B)
        Financing of environment friendly projects by banks done clear
  C)
        Financing of irrigation projects by banks done clear
  D)
         None of the above        done clear
  View Solution play_arrow

• question_answer38)
                     Which one of the following is not correct?
  A)
  First five year plan 1951-56  done clear
  B)
         Second five year plan 1956-61 done clear
  C)
        Third five year plan 1961-66 done clear
  D)
        Fourth five year plan 1966-71 done clear
  View Solution play_arrow

• question_answer39)
  Which one of the following statement is correct?                                          [SSC CPO S.L 2008]
  A)
  Good money drives bad money out of circulation done clear
  B)
        Bad money drives good money out of circulation done clear
  C)
        Good and bad money cannot circulate together done clear
  D)
        Cannot say  done clear
  View Solution play_arrow

• question_answer40)
  Which of the following is not considered as National Debt?
  A)
  National Saving Certificates done clear
  B)
         Long term government bonds done clear
  C)
        Insurance policies   done clear
  D)
                Provident fund [SSC CGL 2008] done clear
  View Solution play_arrow

• question_answer41)
  The main determinant of real wage is?                                                     [SSC CGL 2008]
  A)
  Extra earning done clear
  B)
                       Nature of work done clear
  C)
        Promotion prospect done clear
  D)
           Purchasing power of money done clear
  View Solution play_arrow

• question_answer42)
  The birth rate measures the number of births during a year per?                               [SSC 2008]
  A)
  100 population   done clear
  B)
        1000 population done clear
  C)
        10000 population done clear
  D)
           100000 population   done clear
  View Solution play_arrow

• question_answer43)
  Who among the following is not a classical economist?
  A)
  David Ricardo    done clear
  B)
         John Stuart Mill done clear
  C)
        Thomas Malthus done clear
  D)
        J.M. Keynes done clear
  View Solution play_arrow

• question_answer44)
  By which Bill does the government purpose collection of revenues for a year?
  A)
  Economic Bill     done clear
  B)
        Finance Bill done clear
  C)
        Supplementary Bill          done clear
  D)
         None of the above done clear
  View Solution play_arrow

• question_answer45)
  Prof. Amartya Sen was awarded Nobel prize for his contribution to the field of?
  A)
  Food and famines done clear
  B)
                   Welfare economics done clear
  C)
        Indian economy              done clear
  D)
        Poverty done clear
  View Solution play_arrow

• question_answer46)
  Which of the following pair of goods are close substitute?
  A)
  Milk and sugar        done clear
  B)
              Sugar and tea done clear
  C)
        Tea and coffee        done clear
  D)
        Coffee and biscuits done clear
  View Solution play_arrow

• question_answer47)
  Government takes "ways and means advances" from?
  A)
  RBI       done clear
  B)
                       IDBI        done clear
  C)
        SBI                               done clear
  D)
        ICICI done clear
  View Solution play_arrow

• question_answer48)
  Kissan Credit Card was introduced in?
  A)
  1991  done clear
  B)
              1996        done clear
  C)
        1998        done clear
  D)
        2000 [SSC C PO 2007]: done clear
  View Solution play_arrow

• question_answer49)
  Compared to the rich the poor save?
  A)
  A larger part of their income done clear
  B)
        An equal part of their income done clear
  C)
        A smaller part of their income done clear
  D)
        All of their incomes done clear
  View Solution play_arrow

• question_answer50)
  The definition of "small-scale industry" in India is based on?
  A)
  Sales by the unit done clear
  B)
        Investment in machines & equipment?s done clear
  C)
        Market coverage done clear
  D)
        Export capacity done clear
  View Solution play_arrow

• question_answer51)
  When the total product rises at an increasing rate the?                                [SSC Tax Assistant 2007]
  A)
  Marginal product is zero done clear
  B)
        Marginal product is rising done clear
  C)
        Marginal product is falling done clear
  D)
        Marginal product remains constant  done clear
  View Solution play_arrow

• question_answer52)
        In the budget figures of the government of India, interest payment, subsidies pensions, social services and the like are parts of the?                                                                                                     [SSC Tax Assistant 2007]
  A)
  Plan expenditure done clear
  B)
        State government expenditure done clear
  C)
        Public debt in the form of capital expenditure done clear
  D)
        Non-plan expenditure       done clear
  View Solution play_arrow

• question_answer53)
                Cartels is a form of?
  A)
  Collusive oligopoly done clear
  B)
                 Non-collusive oligopoly done clear
  C)
        Monopoly                   done clear
  D)
        Monopolistic competition done clear
  View Solution play_arrow

• question_answer54)
  Capital: Output Ratio of a measures?                                                       [SSC CGL 2007]
  A)
  Its per unit cost of production done clear
  B)
        The amount of capital invested per unit of output done clear
  C)
        The ratio of capital depreciation to quantity of output done clear
  D)
        The ratio of working capital employed to quantity of output done clear
  View Solution play_arrow

• question_answer55)
  Engle's law states the relationship between?                                               [SSC CGL 2007]
  A)
  Quantity demanded and price of a commodity done clear
  B)
        Quantity demanded and price of substitutes done clear
  C)
        Quantity demanded and tastes of the consumers done clear
  D)
        Quantity demanded and income of the consumers done clear
  View Solution play_arrow

• question_answer56)
  Efficient allocation of resources is achieved to greatest extent under?
  A)
  Monopoly done clear
  B)
                       Perfect competition done clear
  C)
        Monopolistic competition  done clear
  D)
           Oligopoly      [SSC CCL 2007] done clear
  View Solution play_arrow

• question_answer57)
  IRDP was introduced during the?
  A)
  Fifth five year plan done clear
  B)
         Fourth five year plan done clear
  C)
        Third five year plan done clear
  D)
                  Sixth five year plan done clear
  View Solution play_arrow

• question_answer58)
  The number of females per 1000 males in India?s population is?                              [SSC  2007]
  A)
  900       done clear
  B)
           929          done clear
  C)
        940       done clear
  D)
        945 done clear
  View Solution play_arrow

• question_answer59)
  The demand curve for a given good is?                                                    [SSC. CGL 2007]
  A)
  Upward rising done clear
  B)
           Downward rising done clear
  C)
        Parallel to the quantity        done clear
  D)
        Parallel to the price axis done clear
  View Solution play_arrow

• question_answer60)
  Capital formation in an economy depends on?
  A)
  Total income      done clear
  B)
           Total demand done clear
  C)
        Total savings done clear
  D)
         Total production done clear
  View Solution play_arrow

• question_answer61)
     Which is the highest body that approves five year plans in the country?                      [SSC 5.0. 2006]
  A)
  Planning committee         done clear
  B)
         Union cabinet done clear
  C)
        Parliament                     done clear
  D)
         National development council done clear
  View Solution play_arrow

• question_answer62)
  In India, population density is defined as the number of persons?
  A)
  Per square mile   done clear
  B)
        Per lakh square mile done clear
  C)
        Per lakh square kilometer done clear
  D)
             Per square kilometre [SSC 2006] done clear
  View Solution play_arrow

• question_answer63)
  Prime cost is equal to?                                                                                       [SSCS.O. 2006]
  A)
  Variable cost plus administrative cost done clear
  B)
        Variable cost plus fixed costs done clear
  C)
        Variable cost only done clear
  D)
        Fixed cost only      done clear
  View Solution play_arrow

• question_answer64)
                                An expenditure that has been made and cannot be recovered is called                       [SSC 5.0.2006]
  A)
  Variable cost      done clear
  B)
           Opportunity cost done clear
  C)
        Sunk cost done clear
  D)
                       Operational cost done clear
  View Solution play_arrow

• question_answer65)
  The practice of selling goods in a foreign country at a price below their domestic selling price is called?
  A)
  Diplomacy done clear
  B)
        Discrimination done clear
  C)
        Dumping done clear
  D)
        Double pricing done clear
  View Solution play_arrow

• question_answer66)
  In the law of demand, the statement "other things remain constant" means?
  A)
  Income of consumer should not change done clear
  B)
        Price of other goods should not change done clear
  C)
        Taste of consumer should not change done clear
  D)
         All of the above   done clear
  View Solution play_arrow

• question_answer67)
                       A firm is in equilibrium when its?
  A)
  Marginal cost equals the marginal revenue done clear
  B)
        Total cost is minimum done clear
  C)
        Total revenue is maximum done clear
  D)
        Average revenue and marginal revenue are equal done clear
  View Solution play_arrow

• question_answer68)
  The World Trade Organization was earlier known as?
  A)
  GATT   done clear
  B)
           UNICEF    done clear
  C)
        UNCTAD                       done clear
  D)
         FAO done clear
  View Solution play_arrow

• question_answer69)
  Given the money wages, if the price level in an economy increases then the real wages will?
  A)
  Increase done clear
  B)
           Decrease done clear
  C)
        Remain constant done clear
  D)
        Become flexible   done clear
  View Solution play_arrow

• question_answer70)
  The difference between visible exports and visible imports is defined as?
  A)
  Balance of trade done clear
  B)
        Balance of payment done clear
  C)
        Balance terms of trade   done clear
  D)
             Gains from trade done clear
  View Solution play_arrow

• question_answer71)
  Amartya Sen was awarded the nobel prize for his contribution to?
  A)
  Monetary economics  done clear
  B)
               Welfare economics done clear
  C)
        Econometrics                done clear
  D)
        Development economics done clear
  View Solution play_arrow

• question_answer72)
  In India, the population growth rate is high because?                                              [SSC  2006]
  A)
  Birth rate as well as death rate is high done clear
  B)
        Birth rate has fallen less than the death rate done clear
  C)
        Death rate has fallen but birth rate remains high done clear
  D)
        Death rate has fallen less than the birth rate      done clear
  View Solution play_arrow

• question_answer73)
    Which of the following is not viewed as national debt?
  A)
  Life insurance policies   done clear
  B)
             Long term government bonds done clear
  C)
        National saving certificates   done clear
  D)
         Provident fund     [SSC 2006] done clear
  View Solution play_arrow

• question_answer74)
  One of the essential conditions of Monopolistic competition is?                    [SSC Tax Assistant 2005]
  A)
  Many buyers but one seller   done clear
  B)
        Price discrimination done clear
  C)
        Product differentiation  done clear
  D)
            Homogenous product done clear
  View Solution play_arrow

• question_answer75)
  Gresham's law is related to?                                                                                [SSC 2005]
  A)
  Consumption and demand   done clear
  B)
        Supply and demand done clear
  C)
        Circulation of money     done clear
  D)
        Deficit financing    done clear
  View Solution play_arrow

• question_answer76)
  The breakeven point is where?
  A)
  Marginal revenue equals marginal cost done clear
  B)
        Average revenue equals average cost done clear
  C)
        Total revenue Equals average done clear
  D)
        Total revenue equal cost done clear
  View Solution play_arrow

• question_answer77)
  Sellers? market denotes a situation where?
  A)
  Commodities are available at competitive rates done clear
  B)
        Demand exceeds supply done clear
  C)
        Supply exceeds demand done clear
  D)
        Supply and demand are evenly balanced    done clear
  View Solution play_arrow

• question_answer78)
         The sum total of incomes received for the services of labour land or capital in a country is called?[SSC S.I. 2005]
  A)
  Gross domestic product done clear
  B)
         National income done clear
  C)
        Gross domestic income  done clear
  D)
             Gross national income done clear
  View Solution play_arrow

• question_answer79)
  Interest on public debt is a part of?                                                                      [SSC S.O. 2005]
  A)
  Transfer payments by the enterprises done clear
  B)
        Transfer payments by the governments done clear
  C)
        National Income done clear
  D)
        Interest payments by households  done clear
  View Solution play_arrow

• question_answer80)
                  Consumer's sovereignty means?                                                                           [SSC 2005]
  A)
  Consumers are free to spend their income as they like done clear
  B)
        Consumers have the power to manage the economy done clear
  C)
        Consumer's expenditures influence the allocation of resources done clear
  D)
        Consumer goods are free from government control     done clear
  View Solution play_arrow

• question_answer81)
  The long term fiscal policy maintains the stability of?
  A)
  Direct tax rates done clear
  B)
        Indirect tax rates done clear
  C)
        Ratio of tax revenue to national income done clear
  D)
        Ratio of direct tax revenue to revenue from indirect tax done clear
  View Solution play_arrow

• question_answer82)
  The concept of supply curve as it is used in economic theory is relevant only for the case of?
  A)
  Oligopoly       done clear
  B)
                     Monopoly done clear
  C)
        Perfect or pure competition   done clear
  D)
        Monopolistic competition done clear
  View Solution play_arrow

• question_answer83)
  When the prices of two goods tend to vary inversely they are said to be?                  [SSC 2012]
  A)
  Economic goods done clear
  B)
           Substitutes done clear
  C)
        Complements     done clear
  D)
           Pure goods      done clear
  View Solution play_arrow

• question_answer84)
  Wage fund theory was propounded by?
  A)
  J.B. Say            done clear
  B)
           J.S. Mill    done clear
  C)
         J.R. Hicks done clear
  D)
                       J.M. Keynes done clear
  View Solution play_arrow

• question_answer85)
  The expenses on advertising is called?
  A)
  Implicit cost done clear
  B)
                     Surplus cost done clear
  C)
        Fixed cost done clear
  D)
                     Selling cost   done clear
  View Solution play_arrow

• question_answer86)
  Price mechanism is a feature of?                                                                         [SSC 2012]
  A)
  Capitalist economy done clear
  B)
           Barter economy done clear
  C)
        Mixed economy  done clear
  D)
        Socialist economy  done clear
  View Solution play_arrow

• question_answer87)
  Which committee recommended abolition of tax rebates under section?
  A)
  Chelliah Committee done clear
  B)
                     Kelkar Committee done clear
  C)
        Shome Committee         done clear
  D)
          None of those done clear
  View Solution play_arrow

• question_answer88)
  Pradhanmantri Bharat Jodo Pariyojna is related to?
  A)
  Communication  done clear
  B)
         Social integration done clear
  C)
        Linking of rivers             done clear
  D)
        Development of highways done clear
  View Solution play_arrow

• question_answer89)
  Tarapore Committee submitted its report on "Full convertibility on Rupee" in?
  A)
  Current account done clear
  B)
        Capital account done clear
  C)
        Both in current as well as in capital account done clear
  D)
        Special Drawing Rights (SDR) done clear
  View Solution play_arrow

• question_answer90)
  Aam Admi Bima Yojana provides social security to?
  A)
  All labours in rural areas done clear
  B)
        All labours in urban areas done clear
  C)
        All landless labours living below poverty line in rural areas done clear
  D)
        All labours in both rural as well as urban areas done clear
  View Solution play_arrow

• question_answer91)
  Sampurna Gramin Rojgar Yojana has been launched from?
  A)
  1st April 2001 done clear
  B)
        25th Sept 2001 done clear
  C)
        30th Sept 2001 done clear
  D)
        No Scheme of such title has yet launched done clear
  View Solution play_arrow

• question_answer92)
  Kutir Jyoti Scheme is associated with?
  A)
  Promoting cottage industry in villages done clear
  B)
        Promoting employment among rural employment youth done clear
  C)
        Providing electricity to rural families living BPL done clear
  D)
        All of these done clear
  View Solution play_arrow

• question_answer93)
  Which committee recommended tax on Agriculture holdings?
  A)
  Bhootlingam Committee done clear
  B)
        Wanchoo Committee done clear
  C)
        Raj Committee  done clear
  D)
                    None of these done clear
  View Solution play_arrow

• question_answer94)
  Mistry Committee in its final report recommends full capital account convertibility by?
  A)
  2008 end done clear
  B)
           2009 end    done clear
  C)
        2010 end                       done clear
  D)
         2011 end done clear
  View Solution play_arrow

• question_answer95)
  The main objective of TRYSEM was?
  A)
  To train rural youth for self-employment done clear
  B)
        To train urban youth for self-employment done clear
  C)
        Both of the above done clear
  D)
        None of these done clear
  View Solution play_arrow

• question_answer96)
  Which of the following committees has recommended that a part of foreign exchange reserves be used for infrastructural    development?                                                                                         [B.C).B. 2007]
  A)
  Parekh Committee   done clear
  B)
                Rakesh Mohan Committee done clear
  C)
        Mehta Committee   done clear
  D)
                Rangarajan Committee done clear
  View Solution play_arrow

• question_answer97)
  Which of the following is the scheme for which entire premium of the assured person is paid by the central government?                                                                                                               [LIC ADO 2007)
  A)
  Swarnjaynti Gram Swarojgar Yojan done clear
  B)
        Janshree Bima Yojana done clear
  C)
        Shiksha Sahayog Yojana done clear
  D)
        None of these  done clear
  View Solution play_arrow

• question_answer98)
                                    Which of the following schemes was launched a few years back to provide wage employment to the rural people in India    (The programmer is being run successfully in addition to NREGA)?                                                [B.C.).B. 2009]
  A)
  Indira Awas Yojana done clear
  B)
        Accelerated Rural Water Supply Programme done clear
  C)
        Total Sanitation Campaign done clear
  D)
        Sampoorna Grameen Rozgar Yojana   done clear
  View Solution play_arrow

• question_answer99)
                Who amongst the following was the chairperson of the "working group on Benchmark prime lending Rate (BPLR)" constituted by the RBI?                                                                                                (Indian Bank P.O. 2010)
  A)
  Dr. K.C. Chakravorty     done clear
  B)
           Mr. Deepak Mohanty done clear
  C)
        Mr. R. Bhaskaran     done clear
  D)
               Mr. O.P. Bhatt done clear
  View Solution play_arrow

• question_answer100)
  The Committee on Financial sector Assessment (CFSA) set up by the Reserve Bank of India has also recommended several reforms in which of the following existing laws in India?                                                        [I.E. P.O. 2010]
  A)
  Taxation laws   done clear
  B)
                    Banking Regulation laws done clear
  C)
        Commercial laws done clear
  D)
                    All of these      done clear
  View Solution play_arrow

• question_answer101)
  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 done clear
  B)
                   Rajiv Gandhi Rural Employment Guarantee Act done clear
  C)
                    Jawahar Lal Nehru Rural Employment Guarantee Act done clear
  D)
                    Mahatma Gandhi Rural Employment Guarantee Act done clear
  View Solution play_arrow

• question_answer102)
  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 done clear
  B)
                       Small Banks done clear
  C)
                    Urban Co-operative Banks   done clear
  D)
                   Private Banks (S.B.I- PO. 2010) done clear
  View Solution play_arrow

• question_answer103)
  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 done clear
  B)
                    Pradhan Mantri Gram Sadak Yojana done clear
  C)
                    Indira Awas Yojana done clear
  D)
                    All of these done clear
  View Solution play_arrow

• question_answer104)
  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      done clear
  B)
                    C. Rangarajan Committee done clear
  C)
                    Kirit Parikh Committee done clear
  D)
                          None of these done clear
  View Solution play_arrow

• question_answer105)
  Rashtriya Swasthya Bima Yojana (RSBY) is a scheme launched by the Ministry of?
  A)
  Finance          done clear
  B)
                              Rural Development done clear
  C)
                    Commerce            done clear
  D)
                    Labour   done clear
  View Solution play_arrow

• question_answer106)
  Which of the following is the scheme for providing electricity connections to all the rural households in the country?
  A)
  ASHA   done clear
  B)
                       Swadhar    done clear
  C)
                    Kutir. Jyoti         done clear
  D)
                    None of these done clear
  View Solution play_arrow

• question_answer107)
  The National Food for Work Scheme is now merged with which of the following?
  A)
  Pradhan Mantri Gram Sadak Yojana done clear
  B)
                    Mahatma Gandhi National Rural Employment Gurantee Act done clear
  C)
                    Bharat Nirman done clear
  D)
                    Indira Awas Yojana     done clear
  View Solution play_arrow

• question_answer108)
                           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 done clear
  B)
                    Child labor (prohibition Regulation) Act done clear
  C)
                    Sharda Act done clear
  D)
                    Right to education act done clear
  E)
                    MNREGA done clear
  View Solution play_arrow

• question_answer109)
  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     done clear
  B)
                     Maharashtra done clear
  C)
                    Gujarat              done clear
  D)
                     Madhya Pradesh done clear
  E)
                    Tamilnadu   done clear
  View Solution play_arrow

• question_answer110)
                                    Which of the following schemes has been launched to provide pension to people in unorganised sectors in India?
  A)
  Surabhiman       done clear
  B)
                       Jeevan Dhara done clear
  C)
                    Jeevan Kalyan    done clear
  D)
                       Asha    done clear
  E)
                                       Swavalamban done clear
  View Solution play_arrow

• question_answer111)
  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 done clear
  B)
                       Indira Awas yoyana done clear
  C)
                    Mid-Day meal scheme       done clear
  D)
                    Bharat Nirman done clear
  E)
                    National old age pension scheme  done clear
  View Solution play_arrow

• question_answer112)
                  The economy in which there is a mixture of public sector and private sector both is called ?[SBI Clerk 2G 12]
  A)
  Closed economy   done clear
  B)
                    Mixed economy done clear
  C)
                     Open economy done clear
  D)
                    Free trade economy done clear
  E)
                    Public economy     done clear
  View Solution play_arrow

• question_answer113)
       Which of the following schemes was launched by the govt of India for school children?  [SBI Clerk 2012]
  A)
  Mid-day meal     done clear
  B)
                    MGNREGA     done clear
  C)
                    RAY                  done clear
  D)
                          Look east done clear
  E)
                             Swavlamban       done clear
  View Solution play_arrow

• question_answer114)
        Which program was launched by Government of India to improve irrigation facilities in rural India?                                                                                                                                                                         [RRB officer 2012]
  A)
  Annapurna scheme done clear
  B)
                    National social Assistance programme done clear
  C)
                    Integrated Rural Development programme done clear
  D)
                    Sampoorna Grameen Rozgar yoyana done clear
  E)
                    National watershed development programmers done clear
  View Solution play_arrow

• question_answer115)
  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     done clear
  B)
                                 ASHA Bharat Nirman              done clear
  C)
                    Operation flood done clear
  D)
                    Operation Black board      done clear
  View Solution play_arrow

• question_answer116)
                 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. done clear
  B)
                    The scheme was launched in 1983 but was withdrawn in 2000. done clear
  C)
                    In 12th five year plan about of crore families will be provided Insurance cover under the scheme. done clear
  D)
                    All those who are above done clear
  E)
                    None of these        done clear
  View Solution play_arrow

• question_answer117)
                         Kinked demand curve is a feature of ?                                                                  [SSCLDC2012]
  A)
  Monopoly done clear
  B)
                                   Oligopoly   done clear
  C)
                    Monopsony                    done clear
  D)
                    Duopoly done clear
  View Solution play_arrow

• question_answer118)
  Which one of the following is the most appropriate reason for Inequalities in income?
  A)
  Racial factors done clear
  B)
                    Lack of opportunities done clear
  C)
                   Inheritance from family environment done clear
  D)
                    Differences in ability     done clear
  View Solution play_arrow

• question_answer119)
     Which one of the following is not a long term objective of Indian planning?                 [SSC L.DC 2012]
  A)
  Increase wheat production done clear
  B)
                    Achieve full-employment done clear
  C)
                    Reduction of Income inequality done clear
  D)
                    Equality and social justice          done clear
  E)
         done clear
  View Solution play_arrow

• question_answer120)
                             Wind fall gains means?
  A)
  Normal profit      done clear
  B)
                       Economic profit done clear
  C)
                    Sudden rise in prices      done clear
  D)
                    Slow rise in prices   done clear
  View Solution play_arrow

• question_answer121)
  Inequalities in the distribution of income is measured by ?                                       [SSCLDC2012]
  A)
  Phillips curve      done clear
  B)
                       Lorenz curve done clear
  C)
                    Orgive curve                   done clear
  D)
                    is curve done clear
  View Solution play_arrow

• question_answer122)
         Division of labor is a concept advocated by ?   
  A)
                 Keynes  done clear
  B)
                       Marshall    done clear
  C)
                    Smith    done clear
  D)
                    Baumol     done clear
  View Solution play_arrow

• question_answer123)
     Which one of the following is not a direct determinant of demand?                            [SSCLDC2012]
  A)
  Savings done clear
  B)
                       Income done clear
  C)
                    Price of the commodity      done clear
  D)
                    Task    done clear
  View Solution play_arrow

• question_answer124)
         Which one of the following is a characteristic of oligopolistic industries?                      [SBI Clerk 2012] 
  A)
    Product differentiation done clear
  B)
                          Homogeneous goods done clear
  C)
                    Price rigidity                 done clear
  D)
                    Price discrimination done clear
  View Solution play_arrow

• question_answer125)
  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       done clear
  B)
                       Social cost done clear
  C)
                    Private cost                    done clear
  D)
                    Opportunity cost done clear
  View Solution play_arrow

• question_answer126)
  Car and petrol are ______
  A)
  Necessaries         done clear
  B)
                       Luxuries done clear
  C)
                    Complementariness done clear
  D)
                    Substitutes done clear
  View Solution play_arrow

• question_answer127)
  Of the following, which one corresponds to the fixed cost?
  A)
  Transportation charges done clear
  B)
                    Insurance premium on property done clear
  C)
                    Labor cost done clear
  D)
                    Payments for raw material done clear
  View Solution play_arrow

• question_answer128)
                 Which one of the following is not possible under short run?
  A)
  Increasing the working time done clear
  B)
                    Technology up gradation done clear
  C)
                    Hiring additional workers    done clear
  D)
                    Procuring more raw materials done clear
  View Solution play_arrow

• question_answer129)
  Value Added Tax was first introduced in ?
  A)
  Germany done clear
  B)
                                 Spain       done clear
  C)
                    France               done clear
  D)
                    Russia done clear
  View Solution play_arrow

• question_answer130)
  ISO/'Supply creates its own demand" is the ?
  A)
  Law of market done clear
  B)
                       Law of demand & supply done clear
  C)
                    Law of Demand            done clear
  D)
                    Law of supply [SSCLDC2012] done clear
  View Solution play_arrow

• question_answer131)
  Demand pull Inflation is a situation of ?                                                   [SSC 'SDC 2012]
  A)
  Excess demand done clear
  B)
                    Parity between demand and supply done clear
  C)
                    Excess supply done clear
  D)
                    None of the above done clear
  View Solution play_arrow

• question_answer132)
  The basic characteristic of oligopoly is?                                                                [SSC 2014]
  A)
  A few sellers, a few buyers   done clear
  B)
                    A few sellers, many buyers done clear
  C)
                    A few sellers, one buyer      done clear
  D)
                    Many sellers, a few buyers done clear
  View Solution play_arrow

• question_answer133)
  Capital goods' refers to goods which?                                                                   [SSC'F 2014]
  A)
  Serve as a source of raising further capital done clear
  B)
                    Help in the further production of goods done clear
  C)
                    Directly go into the satisfaction of human wants done clear
  D)
                    Find multiple uses   done clear
  View Solution play_arrow

• question_answer134)
  Private Investment is otherwise called as?                                                             [SSC CCL. 2014]
  A)
  Foreign direct investment done clear
  B)
                    Induced investment done clear
  C)
                    Autonomous investment done clear
  D)
                    Foreign institutional investment done clear
  View Solution play_arrow

• question_answer135)
                  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 done clear
  B)
                    Improving irrigation potential done clear
  C)
                    Employment generation in urban area done clear
  D)
                    Skill improvement in rural area   done clear
  View Solution play_arrow

• question_answer136)
                     Which of the following programmers is an inclusion programmer recently launched by the government of..........
  A)
  PMAGY done clear
  B)
                       PMEGP    done clear
  C)
                    PMSSY             done clear
  D)
                    PMJDY done clear
  View Solution play_arrow

• question_answer137)
  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 done clear
  B)
                    Jawahar Gram Samridhi Yojana done clear
  C)
                    Nirmal Adarsh Gram Yojana done clear
  D)
                    Sansad Adarsh Gram Yojana   done clear
  View Solution play_arrow

• question_answer138)
              The Direct Benefit Transfer of LPG (DBTL) scheme has now been modified and renamed as- [NIACL AO 2015]
  A)
  Badta    done clear
  B)
                       PAHAL   done clear
  C)
                    PARAS              done clear
  D)
                    PRAYAS done clear
  View Solution play_arrow

• question_answer139)
  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 done clear
  B)
                    Enquiry based learning done clear
  C)
                    Job oriented learning        done clear
  D)
                    Academics oriented learning done clear
  View Solution play_arrow

• question_answer140)
  The second plan gave priority to?                                                                        [SSCLDC2014]
  A)
  Agriculture         done clear
  B)
                       Services done clear
  C)
                    Heavy industries done clear
  D)
                    foreign trade   done clear
  View Solution play_arrow

• question_answer141)
  The theory of 'Maximum Social Advantage? in public Finance was given by-                           [SSCLDC2014]
  A)
  Robbins done clear
  B)
                       Musgrave  done clear
  C)
                    Findley              done clear
  D)
                    Dalton done clear
  View Solution play_arrow

• question_answer142)
  The value of investment multiplier relates to?
  A)
  Change in income due to change in autonomous investment done clear
  B)
                    Change in autonomous investment due to change in income done clear
  C)
                    Change in income due to change in consumption done clear
  D)
                    Change in income due to change in induced investments done clear
  View Solution play_arrow

• question_answer143)
  Capacity utilization?
  A)
  Is usually near 100 percent done clear
  B)
                    Represents the percent of the labor force that is employed done clear
  C)
                    Is a measure of the proportional of the existing capital stock used for current production? done clear
  D)
                    Rises as the economy moves into a recession. Since firms must replace unemployed workers with some other resources to maintain production done clear
  View Solution play_arrow

• question_answer144)
                                     Which of the following is not an economic problem?                                                [SSCLDC2014]
  A)
  Deciding between paid work and leisure done clear
  B)
                    Deciding between expenditure on one good and the other done clear
  C)
                    Deciding between alternative methods of personal saving done clear
  D)
                    Deciding between different ways of spending leisure time done clear
  E)
     done clear
  View Solution play_arrow

• question_answer145)
                Which of the following occurs when labor productivity rises?
  A)
  The equilibrium nominal wage falls done clear
  B)
                    The equilibrium quantity of labor falls done clear
  C)
                    Competitive firms will be induced to use more capital done clear
  D)
                    The labor demand curve shift to the right done clear
  E)
    done clear
  View Solution play_arrow

• question_answer146)
                  Which of the following are consumer Semi-durable goods?
  A)
  Cars and television sets done clear
  B)
                    Milk and milk products done clear
  C)
                    Food grains and other food products done clear
  D)
                    Electrical appliance like fans and electric irons done clear
  View Solution play_arrow

• question_answer147)
  Which of the following statement is correct?                                                            [SSC LDC 2014]
  A)
  Most workers will work for less than their reservation wage done clear
  B)
                    The reservation wage is the maximum amount any firm will pay for a worker done clear
  C)
                    Economic rent is the difference between the market wages done clear
  D)
                    Economic rent is the amount one must pay to enter a desirable labor market     done clear
  View Solution play_arrow

• question_answer148)
  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 done clear
  B)
                    A rise in the income of the consumer done clear
  C)
                    A fall in the price of a commodity done clear
  D)
                    A fall in the income of the consumer    done clear
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• question_answer149)
             Take-off stage' in an economy means?                                                                 [SSCLDC2014]
  A)
  Steady growth begins       done clear
  B)
                    Economy is stamen done clear
  C)
                    Economy is about to collapse done clear
  D)
                    All controls are removed done clear
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• question_answer150)
  The 'Slack-Season' in the Indian Economy is?                                                       [SSCLDC2014]
  A)
  March-April        done clear
  B)
                     September-December done clear
  C)
                    January-June          done clear
  D)
                    February-April done clear
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• question_answer151)
  The relationship between the rate of interest and level of consumption was first visualized by?[SSC I.DC 2012]
  A)
  Amartya Sen      done clear
  B)
                    Milton Friedman done clear
  C)
                    Irving Fisher       done clear
  D)
                       James Dues        done clear
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• question_answer152)
  The psychological law of consumption states That?                                                [SSCLDC2014]
  A)
  Proportionate increase in consumption is less than proportionate increase in income done clear
  B)
                    Increase in income is equal to increase in consumption done clear
  C)
                    Increase in consumption is greater than increase in income done clear
  D)
                    Consumption does not change with a change in income done clear
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• question_answer153)
  Collective consumption means?                                                                           [SSC LDC 2014]
  A)
  Household consumption done clear
  B)
                    Individual consumption done clear
  C)
                    Self-consumption done clear
  D)
                    Consumption by the citizens of the country      done clear
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• question_answer154)
    Who defined 'Rent' as that portion or produce of the earth which is pam to the landlord for the use of original and indestructible power of the soil?
  A)
  Ricardo  done clear
  B)
                       Marshall    done clear
  C)
                    Keynes              done clear
  D)
                    Pigou done clear
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• question_answer155)
  Subsidies are payment by government to?
  A)
  Consuming units done clear
  B)
                    Producing units done clear
  C)
                    Banking units                 done clear
  D)
                    Retired persons done clear
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