Economics MCQ Questions and Answers for UPSC / SSC and All competitive exams Topics Covered Below in Online Test Quiz
Macro Economics Basic, National Income, Tax, Bank, Planning, Budget, Balance of Payment, Inflation, Share market, Micro Economics and Demand Supply, Production, Cost, Revenue, Utility, Market
151. The fixed cost on such factors of production which are neither hired nor brought by the firm is called-
Answer : Option
C
153. The additional to total cost by producing an additional unit of output by a firm is called.
Answer : Option
A
154. Who was appointed as governor of RBI After Dr. Y.V. Reddy?
Answer : Option
C
155. In India, disguised unemployment is generally observed in-
Answer : Option
D
156. According to Kenz, consumption function shows relation between.
Answer : Option
A
157. The term stagflation refers to a situation where -
Answer : Option
A
159. For becoming chairman of finance commission which one is necessary?
Answer : Option
B
160. Which of the following is an Example of derived demand.
Answer : Option
B
162. Which among of the following is a factor of production.
Answer : Option
D
163. A currency having a falling exchange rate due to continuing balance of payments deficit is called a-
Answer : Option
B
164. When there is an official change in the exchange rate of domestic currency, then it is called-
Answer : Option
A
165. The food stocks that are built up during the years of bumper harvest are called-
Answer : Option
B
166. In equilibrium, a perfectly competitive firm will equate-
Answer : Option
A
170. Consumer's surplus is the highest in the case of-
Answer : Option
C
171. Which of the statements is correct about India's National Income?
Answer : Option
D
173. The Slogan 'Poverty Alleviation' was added to which Five Year Plan.
Answer : Option
D
174. The 'Law of Market' propounded by J.B. Say was not acceptable to -
Answer : Option
A
175. Which of the following is not true when the interest rate in the economy goes up?
Answer : Option
B