Q1. The distribution of finances between centre and state is
done on the recommendation of
A)
Finance ministry
B)
Finance commission
C)
RBI
D)
NABARD
Q2. In india, planned economy is based on
A)
Gandhian System
B)
Socialist System
C)
Capitalist system
Q3. GDP at factor cost is
A)
GDP minus indirect taxes plus subsidies
B)
GNP minus depreciation allowances
C)
NNP plus depreciation allowances
D)
GDP minus subsidies plus indirect taxes
Q4. Per capita income is obtained by dividing nation income
by
A)
Total population of the country
B)
Total working population
C)
Are of the country
D)
Volume of the capital used
Q5. Structural unemployment arises due to
A)
Deflationary condition
B)
Heavy industry bias
C)
Shortage of raw material
D)
Inadequate productive capacity
Q6. When was the jyohar rojgar yajna launched
A)
1985
B)
1987
C)
1989
D)
1991
Q7. In india disguised unemployment is found in
A)
Agriculture sector
B)
Industrial sector
C)
Service sector
D)
Trade sector
Q8. Which of the following is the classification of
industries on the basis of raw material
A)
Small scale and large scale
B)
Primary and secondary
C)
Basic and consumer
D)
Agro-based and mineral
Q9. Abid Hussain committee was related to
A)
Export promotion
B)
Small and medium industries
C)
Agriculture development
D)
Energy sector reforms
Q10. Which among the following currencies is the costliest
A)
French franc
B)
Swiss franc
C)
Euro
D)
Pound sterling
Q11. Devaluation usually causes the internal price to
A)
Fall
B)
Rise
C)
Remain unchanged
D)
None of these
Q12. Capital information in an economy depend on
A)
Total income
B)
Total demand
C)
Total saving
D)
Total production
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Answer Key
is updated with Explanation in
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11C8D4A2D1B
ReplyDeleteAnswer Key:
ReplyDelete1.B 2.B 3.A 4.A 5.B 6.C 7.A 8.B 9.B 10.D 11.C 12.C