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

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

91 .Private Sector Mutual Funds in India were permitted in
A.  1994
B.  1964
C.  2001
D.  1993
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92 .The period of high inflation and low economic growth is termed as:
A.  take-off stage in economy
B.  none of these
C.  stagnation
D.  stagflation
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93 .The minimum effect of Direct Taxes is on :
A.  consumer goods
B.  income
C.  capital goods
D.  food price
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94 .Which of the following features indicate that Indian economy is of the developing category?
I. Occupation mainly agricultural
II. Chronic unemployment
III. Poor quality of human capital
lIV. Low per capital intake of proteins

A.  II and III
B.  I and IV
C.  I, II, III and IV
D.  I, II and III
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95 .Consider the following statements with regard to Statutory liquidity Ratio (SLR) :
1. To meet SLR, commercial banks can use cash only.
2. SLR is maintained by the banks with themselves.
3. SLR restricts the banks' leverage in pumping more money into the economy.
Which of the statements given above is/are correct?
A.  1 and 3
B.  2 and 3
C.  1, 2 and 3
D.  2 only
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96 .The system of value added taxation is applicable to:
A.  estate duty
B.  excise duties
C.  taxes on agricultural income
D.  income tax
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97 .A rapid increase in the rate of inflation is sometimes attributed to the base effect What isbase effect? "
A.  It is the impact of drastic deficiency in supply due to failure of crops
B.  It is the impact of the price levels of previous year on the calculation of inflation rate
C.  None of the statements
D.  It is the impact of the surge in demand due to rapid economic growth
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98 .With reference to Union Government, which one of the following undertake the country-wide Economic Census?
A.  The National Sample Organization
B.  Planning Commission
C.  Department of Expenditure
D.  The Central Statistical Organization
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99 .The following is the list of four integrated steel plants in the country
1. Bhilai
2. TISCO
3. IISCO
4. Bokaro
Which of the following combinations lists all the plants in the public sector ?

A.  None of these
B.  1, 2 and 4
C.  2, 3 and 4
D.  1, 3 and 4
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100 .'Globalisation of Indian Economy' means:
A.  giving up programmes of import substitution
B.  stepping up external borrowings
C.  establishing Indian business units abroad
D.  having minimum possible restrictions on economic relations with other countries
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101 .Which of the following is called a 'banker's cheque' ?
A.  Demand draft
B.  Debit card
C.  Pay order
D.  Fixed deposit
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102 .When does the problem of unfavourable balance of payment arise?
A.  When exports decrease
B.  When imports increase
C.  When exports increase
D.  When imports are greater than exports
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103 .With reference to the government's welfare schemes, consider the following statements:
1. Under the Antyodaya Anna Yojana, the food grains are available to the poorest of the poor families at Rs. 2 per kg for wheat and Rs.3 per kg for rice.
2. Under the National Old Age Pension Scheme, the old and destitute are provided Rs. 75 per month as Central Pension, in addition to the amount provided by most State Governments.
3. Government of India has allocated 25 kg food grains per below Poverty Line family per month, at less than half the economic cost.
Which of these statements are correct?
A.  1 and 2
B.  2 and 3
C.  1 and 3
D.  1, 2 and 3
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104 .The acronym SRO, being used in the capital market for various market participants, stands for which one of the following?
A.  Securities Regulatory Organisations
B.  Securities Roll-back Operators
C.  Small Revenue Operators
D.  Self-Regulatory Organisations
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105 .There are three major groups of commodities in the Wholesale Price Index. These are:
1. primary articles 2. fuel, power, light and lubricants
3. manufactured products
4. food articles and industrial raw materials
A.  1 and 3
B.  1, 2 and 3
C.  2, 3 and 4
D.  1, 3 and 4
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