Economics Jkssb Economics Set 1 Mcqs (296 MCQs) | JKSSB & SSC Quiz

economics

jkssb economics set 1 mcqs

Download PDF

Topics

jkssb economics set 1 mcqs jkssb economics set 2 mcqs

Practice Questions

296 Total
Question 151 Discuss
Ask a Friend

According to the Census of India 2011, which group of states has the least urban population?

A
Himachal Pradesh and Meghalaya
B
Himachal Pradesh and Bihar
C
Uttar Pradesh and Bihar 170
D
Madhya Pradesh and Bihar

Answer & Explanation

Correct Option: B

The 2011 Census revealed that Himachal Pradesh (10.03%) and Bihar (11.29%) had the lowest proportions of urban populations among Indian states.
Question 152 Discuss
Ask a Friend

According to the National Multidimensional poverty index 2021, which of the following states has the lowest percentage of population being multidimensional poor?

A
Maharashtra
B
Punjab
C
Sikkim
D
Bihar

Answer & Explanation

Correct Option: C

In the 2021 National MPI published by NITI Aayog, Sikkim reported one of the lowest multidimensional poverty rates among the given options, reflecting strong performance in health, education, and living standards.
Question 153 Discuss
Ask a Friend

As compared to monopolistic competition, the demand curve in a monopoly is:

A
infinitely elastic
B
equally elastic
C
more elastic
D
less elastic

Answer & Explanation

Correct Option: D

A monopoly's demand curve is less elastic (steeper) than in monopolistic competition because there are no close substitutes available for the monopolist's product.
Question 154 Discuss
Ask a Friend

The 10th Five-Year Plan aimed at reducing poverty by:

A
2%
B
5%
C
8%
D
9%

Answer & Explanation

Correct Option: B

India's 10th Five-Year Plan (2002–2007) explicitly targeted a reduction in the poverty ratio by 5 percentage points by the end of the plan period.
Question 155 Discuss
Ask a Friend

Intervention by the monetary authority of a country in the money market to keep money supply stable against exogenous or sometimes external shocks is called .

A
sterilisation
B
capitalisation
C
conservation
D
neutralisation

Answer & Explanation

Correct Option: A

Sterilization refers to open market operations conducted by a central bank to neutralize the impact of foreign exchange interventions on the domestic money supply.
Question 156 Discuss
Ask a Friend

According to the Census of India 2011, which of the following states has the largest Buddhist population?

A
Uttar Pradesh
B
Maharashtra
C
Madhya Pradesh
D
West Bengal

Answer & Explanation

Correct Option: B

Maharashtra has the largest Buddhist population in India, largely due to the mass conversion movement led by Dr. B.R. Ambedkar in 1956.
Question 157 Discuss
Ask a Friend

The growth rate of India's population has been declining since .

A
1971
B
1991
C
1951
D
1981

Answer & Explanation

Correct Option: D

India's decadal population growth rate peaked during the 1971-1981 decade and has shown a consistent downward trend in subsequent censuses since 1981.
Question 158 Discuss
Ask a Friend

Which of the following organisation's initiative is 'India Justice Report'?

A
Tata Trusts
B
Azim Premji Foundation
C
Infosys Foundation
D
HCL Foundation

Answer & Explanation

Correct Option: A

The India Justice Report is a collaborative initiative pioneered by Tata Trusts, aimed at tracking and assessing the capacity of justice delivery systems across Indian states.
Question 159 Discuss
Ask a Friend

According to Global Multidimensional poverty index (2022), which of the following groups of states is included in top 10 poorest states of India?

A
Punjab and Gujarat
B
Manipur and Nagaland
C
Karnataka and Tamil Nadu
D
Meghalaya and Madhya Pradesh

Answer & Explanation

Correct Option: D

The 2022 Global MPI identified several Indian states, including Meghalaya and Madhya Pradesh, among the most multidimensionally poor regions needing targeted policy interventions.
Question 160 Discuss
Ask a Friend

Which of the following statements is/are FALSE about the Special Economic Zones (SEZs) of India? i. One of the main objectives of the Zones Act was promotion of exports of goods and services. ii. The Government of India announced the Special Economic Zones (SEZs) Policy in the year 2011. iii. The SEZ Rules provided for different minimum land requirement for different classes of SEZs.

A
Only ii
B
Only i and ii
C
Only ii and iii
D
Only iii

Answer & Explanation

Correct Option: A

The statement that the SEZ Policy was announced in 2011 is false; the policy was originally announced much earlier, in April 2000, to attract foreign investment.
Previous Next