Economics set 2 MCQs

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Showing 342 questions
Q.211 The Sixth Economic Census of India was conducted in which of the following years?
A 2013
B 2017
C 2019
D 2009
Discuss / Board
Q.212 is an asset that the borrower owns (such as land, building, vehicle, livestock, deposits with banks) and uses this as a guarantee to a lender until the loan is repaid.
A Fixed Assets
B Collateral
C Liability
D Debts
Discuss / Board
Q.213 Which type of expenditure refers to expenses that do not lead to the creation of physical or financial assets?
A Revenue Expenditure
B Fiscal Expenditure
C Development Expenditure
D Capital Expenditure
Discuss / Board
Q.214 Which five-year plan's objective is 'establishment of a self-reliant and self generating economy'?
A Fifth
B Third
C Sixth
D First
Discuss / Board
Q.215 In India, the Legal Services Authorities Act, provides statutory status to the legal aid movement and it also provides for setting up of 201 Legal Services Authorities at the Central, State and District levels.
A 1983
B 1987
C 1985
D 1981
Discuss / Board
Q.216 Which state has the highest population growth according to the 2011 census?
A Madhya Pradesh
B Meghalaya
C Bihar
D Uttar Pradesh
Discuss / Board
Q.217 Which of the following five-year plan of India has achieved its target growth?
A Tenth Plan
B Eleventh Plan
C Ninth Plan
D Eighth Plan
Discuss / Board
Q.218 What is the total population of Hindus according to the 2011 Census of India?
A 81.63 crores
B 96.63 crores
C 86.63 crores
D 91.63 crores
Discuss / Board
Q.219 What is the total rural literacy rate according to the 1951 census of India?
A 18.1 percent
B 14.1 percent
C 12.1 percent
D 16.1 percent
Discuss / Board
Q.220 The portion of agricultural produce which is sold in the market by the farmers is called .
A marketed deficit
B produced surplus
C produced deficit
D marketed surplus
Discuss / Board
Q.221 Till 1993-94, the poverty line in India was based on URP data. What does 'URP' stand for?
A Usual Research Period
B Usual Reference Period
C Uniform Reference Period
D Uniform Research Period
Discuss / Board
Q.222 In which of the following years, NABARD sanctions Action Research Project to MYRADA?
A 1985
B 1987
C 1983
D 1981
Discuss / Board
Q.223 According to World bank, by what rate has extreme poverty reduced in India between 2011 and 2019?
A 15.3%
B 14.3%
C 13.3%
D 12.3%
Discuss / Board
Q.224 With respect to trade and industry, what is 'SCOMET'?
A Standardised Commodities for Export and Trade
B Special Chemicals, Organisms, Materials, Equipment and Technologies
C Sectoral Commission on Markets, Exports and Tariffs
D Standard Committee on Manufacturing and Export Trade
Discuss / Board
Q.225 The proportion of the population below the poverty line is called the poverty ratio or .
A Income Disparity Index
B headcount ratio
C Gini Coefficient
D Socioeconomic Quotient
Discuss / Board
Q.226 According to the 2011 Census of India, at all India level, the adult (15 + years) literacy rate is .
A 65.3 percent
B 63.3 percent
C 69.3 percent
D 73.3 percent
Discuss / Board
Q.227 The Service Tax, a tax on services like telephone services, stock brokers, health clubs, beauty parlors, dry cleaning services, etc., was introduced in .
A 1992 −93
B 1991 −92
C 1994 −95
D 1993 −94
Discuss / Board
Q.228 According to Ministry of Commerce & Industry, during the financial year April 2022 - January 2023, the agricultural exports have amounted to USD billion.
A 43.37
B 23.37
C 33.37
D 13.37
Discuss / Board
Q.229 Which of the following is true regarding Commercial Banks in India?
A They do not accept deposits from the public
B They are purely charitable institutions
C They are not regulated by the RBI
D They accept deposits and provide loans for profit
Discuss / Board
Q.230 The literacy rates exclude Assam where the Census could not be conducted.
A 1981
B 1951
C 1961
D 1971
Discuss / Board
Q.231 The First Economic Census of India was conducted throughout the country, except Lakshadweep, during in collaboration with the States/Union Territories (UTs).
A 1997
B 1987
C 1967
D 1977
Discuss / Board
Q.232 With respect to economic planning in India, the Bombay Plan was published in how many parts ?
A Three
B Four
C Five
D Two
Discuss / Board
Q.233 According to the 2011 census of India, which of the following states/UTs is most literate?
A Andaman & Nicobar Islands
B Tamil Nadu
C Chandigarh
D Goa
Discuss / Board
Q.234 According to the data of 2011-12, which of the following is the poverty rate of bihar? (approximate)
A 33.7%
B 43.7%
C 53.7%
D 63.7%
Discuss / Board
Q.235 The of a firm during a year ≡ production of the firm during the year - sale of the firm during the year.
A change in inventory
B value added
C net profit
D gross domestic product
Discuss / Board
Q.236 The growth targets for the fourth five-year plan was set with respect to .
A Gross Domestic Product
B National Income
C Gross National Product
D Net Domestic Product
Discuss / Board
Q.237 By the end of which of the following Five-year plans of India, five IITs were set up in the country?
A First
B Second
C Third
D Fourth
Discuss / Board
Q.238 Which of the following Indian states has less sex ratio then combined sex ratio of India, according to 2011 census of India?
A Uttarakhand
B Gujarat
C Assam
D Jharkhand
Discuss / Board
Q.239 According to the data from the Ministry of Mines, the largest resources of gold ore (primary) are located in which of the following Indian states?
A Bihar
B Karnataka
C West Bengal
D Rajasthan
Discuss / Board
Q.240 What are the two main forms of protection used to shield domestic industries from foreign competition in an inwardlooking trade strategy?
A Tariffs and subsidies
B Tariffs and quotas
C Quotas and subsidies
D Tariffs and price controls
Discuss / Board

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