Economics set 2 MCQs

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Showing 342 questions
Q.151 The "Licence Raj" in India during the mid-20th century referred to a system of:
A Trade unions
B Export incentives
C Import restrictions
D Industrial licensing
Discuss / Board
Q.152 The Office of the Registrar General and Census Commissioner comes under which of the following ministries of Government of India
A Ministry of Statistics and Program Implementation
B Ministry of Labour and Employment
C Ministry of Home Affairs
D Ministry of Commerce and Industry
Discuss / Board
Q.153 Which of the following states have the lowest female literacy rates as per 2011 census?
A Jharkhand
B Kerala
C Uttar Pradesh
D Rajasthan
Discuss / Board
Q.154 Read the following about the Green Revolution in India.
A Only B
B Both A and B
C Neither A nor B
D Only A
Discuss / Board
Q.155 Read the following about balanced budget.
A Only A
B Only B
C Neither A nor B
D Both A and B
Discuss / Board
Q.156 CORRECT statement According to policy, instead of importing vehicles made in a foreign country, industries would be encouraged to produce them in India itself.
A ruralisation
B export substitution
C import substitution
D Indian substitution
Discuss / Board
Q.157 Failure of Third Plan that of the devaluation of rupee (to boost exports) along with inflationary recession led to postponement of Fourth FYP and therefore Annual Plans were introduced instead.
A four
B two
C one
D three
Discuss / Board
Q.158 The finance commission of India consist of a chairman and .
A 10 members
B 4 members
C 3 members 196
D 6 members
Discuss / Board
Q.159 As per 2011 Census Hindus form 79.80% with
A over 100 crores
B over 90 crores
C over 110 crores
D less than 80 crores
Discuss / Board
Q.160 What is the sex ratio of early childhood (0-6 years) according to the 2011 census of India (Females per Thousand Males)?
A 918
B 908
C 938
D 928
Discuss / Board
Q.161 Read the following about Revenue Receipts.
A Only B
B Only A
C Neither A nor B
D Both A and B
Discuss / Board
Q.162 Which of the following statements is correct regarding Capital Expenditure? I. Capital expenditure result in creation of physical or financial assets or reduction in financial liabilities. II. Non-plan capital expenditure covers various general, social and economic services provided by the government.
A Only I
B Only II
C Neither I nor II
D Both I and II
Discuss / Board
Q.163 The first census of Independent India was conducted in 1951, which was the census in its continuous series.
A sixth
B eighth
C seventh
D fifth
Discuss / Board
Q.164 Which of the following statements is correct regarding Classification of Expenditure of government? I. Revenue Expenditure is expenditure incurred for purposes other than the creation of physical or financial assets of the central government. II. Capital expenditure results in creation of physical or financial assets or reduction in financial liabilities.
A Only I
B Only II
C Both I and II
D Neither I nor II
Discuss / Board
Q.165 permits non-government entities (NGEs) to offer national and international space-based communication services.
A Indian Telecommunication Bill 2023
B The Indian Space Policy-2023
C The Information Technology Act, 2000
D The Internet Governance and Regulation Act, 2019
Discuss / Board
Q.166 As per Census 2011, India's population was 121.1 Crore with female population.
A 46.5 percent
B 42.5 percent
C 48.5 percent
D 44.5 percent
Discuss / Board
Q.167 What is the primary purpose of a government budget in a country's economy?
A Promoting international trade
B Finding Inflation Rate
C Allocating resources efficiently
D Finding the Gross Domestic Product
Discuss / Board
Q.168 Before, _____India was in the first stage of demographic transition.
A 1911
B 1921
C 1931
D 1941
Discuss / Board
Q.169 The MRTP Act of 1969 aimed at:
A Promoting free trade agreements
B Promoting monopolies in key industries
C Encouraging foreign direct investment
D Regulating and controlling monopolistic and restrictive trade practices
Discuss / Board
Q.170 Since which year did rapid economic growth led to a sharp reduction in India's extreme poverty? 197
A 1992
B 1991
C 1994
D 1993
Discuss / Board
Q.171 What is the total literacy rate according to the 2001 census of India?
A 64.83 percent
B 60.83 percent
C 68.83 percent
D 70.83 percent
Discuss / Board
Q.172 The growth rate target for the twelfth five year the plan was .
A 5%
B 8%
C 6%
D 7%
Discuss / Board
Q.173 The government of India in Budget 2023-24, has adopted how many priorities?
A Seven
B Nine
C Five
D Six
Discuss / Board
Q.174 Read the following about Deficit reduction.
A Only A
B Both A and B
C Neither A nor B
D Only B
Discuss / Board
Q.175 In India, "APEDA" is related to which of the following?
A Agriculture
B Highways
C IT Services
D Arms and ammunition
Discuss / Board
Q.176 Which of the following five year plan of India aim was to make India a 'self-reliant' and 'self generating' economy?
A Second five year Plan
B Third five year Plan
C First five year Plan
D Fourth five year Plan CORRECT statement
Discuss / Board
Q.177 India's population pyramid, with a wide base and narrower top, suggests what type of population structure?
A Stable
B Stationary
C Expansive
D Constrictive
Discuss / Board
Q.178 Which of the following statements is correct regarding Depreciation? I. Depreciation is termed as loss of value of fixed assets due to wear and tear during its useful life. II. Depreciation does not take into account unexpected or sudden destruction.
A Only II
B Neither I nor II
C Both I and II
D Only I
Discuss / Board
Q.179 What is the Cash Reserve Ratio (CRR) in the context of Indian banking?
A It's the interest rate at which banks borrow from the central bank
B It's the percentage of deposits that banks must keep in liquid form in the short term
C It's the ratio of a bank's capital to its total assets
D It's the ratio of government bonds to total assets held by a bank
Discuss / Board
Q.180 Read the following about Capital receipts.
A Neither A nor B
B Only A
C Only B
D Both A and B
Discuss / Board

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