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  • 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

    91 .Private Sector Mutual Funds in India were permitted in
    A.  1994
    B.  1964
    C.  2001
    D.  1993
    Answer & Explanation
    Answer : Option D
    Explanation :
    View Answer Discuss in Forum

    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
    Answer & Explanation
    Answer : Option D
    Explanation :
    View Answer Discuss in Forum

    93 .The minimum effect of Direct Taxes is on :
    A.  consumer goods
    B.  income
    C.  capital goods
    D.  food price
    Answer & Explanation
    Answer : Option B
    Explanation :
    View Answer Discuss in Forum

    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
    Answer & Explanation
    Answer : Option C
    Explanation :
    View Answer Discuss in Forum

    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
    Answer & Explanation
    Answer : Option B
    Explanation :
    View Answer Discuss in Forum

    96 .The system of value added taxation is applicable to:
    A.  estate duty
    B.  excise duties
    C.  taxes on agricultural income
    D.  income tax
    Answer & Explanation
    Answer : Option B
    Explanation :
    View Answer Discuss in Forum

    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
    Answer & Explanation
    Answer : Option A
    Explanation :
    View Answer Discuss in Forum

    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
    Answer & Explanation
    Answer : Option D
    Explanation :
    View Answer Discuss in Forum

    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
    Answer & Explanation
    Answer : Option D
    Explanation :
    View Answer Discuss in Forum

    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
    Answer & Explanation
    Answer : Option D
    Explanation :
    View Answer Discuss in Forum

    101 .Which of the following is called a 'banker's cheque' ?
    A.  Demand draft
    B.  Debit card
    C.  Pay order
    D.  Fixed deposit
    Answer & Explanation
    Answer : Option A
    Explanation :
    View Answer Discuss in Forum

    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
    Answer & Explanation
    Answer : Option D
    Explanation :
    View Answer Discuss in Forum

    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
    Answer & Explanation
    Answer : Option D
    Explanation :
    View Answer Discuss in Forum

    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
    Answer & Explanation
    Answer : Option D
    Explanation :
    View Answer Discuss in Forum

    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
    Answer & Explanation
    Answer : Option B
    Explanation :
    View Answer Discuss in Forum

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