• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
gurujobalert
gurujobalert
  • Govt Jobs

  • Bank Jobs

      Jobs
    • Bank Jobs

    • IBPS

    • SBI

  • SSC

  • Railway Jobs

  • Call Letter

  • Sarkari results

  • Download

  • Subscribe

  • Indian Economy previous years question MCQ UPSC / SSC / competitive exams

    August 17, 2019 by Job Alert

    Find (Indian Economy) Economics previous years asked question MCQ   UPSC / SSC / competitive exams  Online Practice Questions And Answers quiz

    61 .Convertibility of the rupee implies:
    A.  allowing the value of the rupee to be fixed by market forces
    B.  freely permitting the conversion of rupee to other major currencies and vice versa
    C.  developing an international market for currencies in India
    D.  being able to convert rupee notes into gold
    Answer & Explanation
    Answer : Option B
    Explanation :
    View Answer Discuss in Forum

    62 .The Minimum Needs Programme aims to:
    A.  None of these
    B.  improve the living condition of the poor and also promote their education and health
    C.  provide means for greater mechanization of agriculture
    D.  provide necessary resources by way of refinance to primary lenders
    Answer & Explanation
    Answer : Option B
    Explanation :
    View Answer Discuss in Forum

    63 .Taxation and the government's expenditure policy are dealt under the :
    A.  fiscal policy
    B.  monetary policy
    C.  trade policy
    D.  budget
    Answer & Explanation
    Answer : Option A
    Explanation :
    View Answer Discuss in Forum

    64 .MODVAT is different from VAT in the sense that:
    1. under MODVAT, tax is levied only on value addition while under VAT, excise is imposed on final value and then rebate is given on inputs
    2. MODVAT is only at the production stage while VAT extends both to production and distribution stage
    3. under MODVAT, excise is levied on final value and then rebate is given on inputs while under VAT, tax is levied only on value addition
    4. MODVAT implies nationalization of excise duty only while VAT implies nationalization of excise, sales and turnover taxes etc. also Choose correct answer from:
    A.  2, 3 and 4
    B.  1, 2 and 4
    C.  1, 3 and 4
    D.  1, 2, 3 and 4
    Answer & Explanation
    Answer : Option A
    Explanation :
    View Answer Discuss in Forum

    65 .What are gilt-edged securities?
    A.  Securities issued by the private sectors
    B.  Securities issued by the multinationals
    C.  Securities issued by the joint venture companies
    D.  Securities issued by the government
    Answer & Explanation
    Answer : Option D
    Explanation :
    View Answer Discuss in Forum

    66 .Which of the following is not an affiliate of the Reserve Bank of India?
    A.  The Industrial Development Bank of India
    B.  Agricultural Refinance Corporation
    C.  Unit Trust of India
    D.  Deposit Insurance Corporation
    Answer & Explanation
    Answer : Option C
    Explanation :
    View Answer Discuss in Forum

    67 .Which one of the following statements is correct? Fiscal Responsibility and Budget Management Act (FRBMA) concerns
    A.  neither fiscal deficit nor revenue deficit
    B.  revenue deficit only
    C.  fiscal deficit only
    D.  both fiscal and revenue deficit
    Answer & Explanation
    Answer : Option D
    Explanation :
    View Answer Discuss in Forum

    68 .Ever greening of patents is done by
    A.  citing another use of the same product
    B.  citing another product with same use
    C.  applying for extension of patent term
    D.  citing another process of forming the same product
    Answer & Explanation
    Answer : Option C
    Explanation :
    View Answer Discuss in Forum

    69 .Which of the following accounts for Cost-Push Inflation?
    A.  Increase in population
    B.  Increase in money supply
    C.  Increase in non-plan expenditure
    D.  Increase in indirect taxation
    Answer & Explanation
    Answer : Option D
    Explanation :
    View Answer Discuss in Forum

    70 .Present Industrial policy in India aims at :
    A.  promoting the private sector units
    B.  discourage the performance of the private sector
    C.  increasing the production of public sector units
    D.  accelerating the performance of mixed economy
    Answer & Explanation
    Answer : Option D
    Explanation :
    View Answer Discuss in Forum

    71 .During which Five Year Plan was the total expenditure on agriculture the highest?
    A.  Third Five Year Plan
    B.  Fourth Five Year Plan
    C.  Second Five Year Plan
    D.  First Five Year Plan
    Answer & Explanation
    Answer : Option B
    Explanation :
    View Answer Discuss in Forum

    72 .National Income total reveals:
    1. Production side of the economy
    2. Distribution side of the economy
    3. Expenditure side of the economy
    Choose your answer from

    A.  2 only
    B.  1, 2 and 3
    C.  3 only
    D.  1 only
    Answer & Explanation
    Answer : Option A
    Explanation :
    View Answer Discuss in Forum

    73 .Which one among the following is not true for Special Economic Zones?
    A.  No permission for subcon- tracting
    B.  No licence is required for import
    C.  Manufacturing and service activities are allowed
    D.  No routine examination of cargo for export/import by customs authorities
    Answer & Explanation
    Answer : Option A
    Explanation :
    View Answer Discuss in Forum

    74 .Cyclical unemployment refers to:
    A.  seasonal unemployment
    B.  unemployment during recessionary phase of a trade cycle
    C.  disguised unemployment
    D.  voluntary unemployment
    Answer & Explanation
    Answer : Option B
    Explanation :
    View Answer Discuss in Forum

    75 .Consider the following statements:
    1. The repo rate is the rate at which other banks borrow from the Reserve Bank of India.
    2. A value of 1 for Gini Coefficient in a country implies that there is perfectly equal income for everyone in its population.
    Which of the statements giver, above is/are correct?
    A.  2 only
    B.  1 only
    C.  Both 1 and 2
    D.  Neither 1 nor 2
    Answer & Explanation
    Answer : Option B
    Explanation :
    View Answer Discuss in Forum

    « Previous12 34567 3940Next »


    Other Govt Jobs 2021:

    Recruitment Board Post Name Apply/details Last Date
    IIT Jodhpur Non Teaching Faculty Recruitment 2021     --     iit jodhpur non teaching faculty recruitment 2021       --    
    HMT Tools Company Trainee Recruitment 2021     --     hmt tools company trainee recruitment 2021 2       --    
    EIL Junior Hindi Translator Recruitment 2021     --     eil junior hindi translator recruitment 2021       --    
    IIEST Junior Research Fellow Recruitment 2021     --     iiest junior research fellow recruitment 2021       --    
    NTPC Engineering Executive Trainee (Female) Recruitment through GATE 2021     --     ntpc engineering executive trainee female recruitment through gate 2021       --    
    Recruitment Board Post Name Apply/details
    Sashastra Seema Bal SI, ASI & Head Constable apply/details
    Union Public Service Commission (UPSC) Statistical Officer & Superintendent apply/details
    UPPSC ACF/RFO 2018 Result apply/details
    RPSC Deputy Commandant Result 2020 apply/details
    JKSSB Class IV Admit Card 2020 apply/details
    Assam Power Distribution Company Limited (APDCL) AM, JM & AAO apply/details
    Govt. Multi-Specialist Hospital Chandigarh (GMSH Chandigarh) House Surgeon apply/details
    Namakkal District Co-operative Milk Producers' Union Ltd (AAVIN) Manager, Technician & Other apply/details
    Directorate of Health Services Assam (DHS Assam) Driver & Grade-IV apply/details
    West Bengal Municipal Service Commission (MSCWB) General Duty Attendant & Field Worker apply/details

    job alert cg
    • Newest Comment
    • Oldest Comment
    • Best Comment
    500
    Write your Comment or Discuss..

      Log in | Sign up Filed Under: Indian Economy previous years question MCQ UPSC / SSC / competitive exams Tagged With: Latest Notifications, pdf

      Primary Sidebar

      Most Visited

      • 4000+ MCQ PDF on UPSC Indian History Previous Years Questions and Answers
      • 1400 Indian Polity MCQ Questions And Answers part 2
      • SBI Specialist Cadre Officers Recruitment 2021
      • IIT Jodhpur Non Teaching Faculty Recruitment 2021
      • 8000 + PDF GK One Liner Questions and Answers for UPSC / SSC and All competitive exams

      State wise govt jobs

      All India Andhra Pradesh Arunachal Pradesh 
      Bihar Chhattisgarh Goa
      Haryana Himachal Pradesh Jammu & Kashmir
      Karnataka Kerala Madhya Pradesh
      Manipur Meghalaya Mizoram
      Odisha Punjab Rajasthan
      Tamil Nadu Telangana Tripura
      Uttar Pradesh West Bengal Assam
      Jharkhand Maharashtra Nagaland
      Sikkim Gujarat Uttarakhand
      10th 12th Diploma
      graduation Post Graduation Engineering
      MBA MCA ITI
      MBBS PHD Below 10th

      Clerk Steno Typist Assistant
      Nurse Teacher Software
      Doctor law Faculty
      Driver Police Army
      Email Form Enter your Email for Free govt Job Alerts:
      Don’t forget to Activate the Email Subscription from your Inbox

      Entrance
      • MBA
      • qustions and answers
      • u can India
      • SET
      • NEET
      • IIT JAM
      Trends
      • RRB Railway jobs
      • Bank Jobs
      • IBPS Notifications
      • SBI Recruitment
      • 7000 + GK Questions And Answers
      • 11,000 + GK One Liner
      News
      • Latest Notifications
      • Employment News
      • ssc online
      • ssc online Test
      • Todaysprint