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Economic Mcqs
Economic Mcqs
Exercise:
SET 1:
Q2.Who coined the term ‘Hindu rate of growth’ for Indian economy?
भारतीय अर्वव्यर्स्र्ा के लिए ‘लहिं दू दर लर्कास’ शब्द को लकसने बनाया?
(a) A.K.Sen/ए.के.सेन
(b) S.Parikh/एस.पारीख
(c) Raj Krishna/राज कृष्ण
(d) M.S.Ahluwalia/एम्.एस.अहलु वाललया
Ans.(c)
Q3. Which of the following taxes is not shared between the Union and the
states?
Q4.Which of the following tax will be replaced by the Goods and service
tax?
लनम्नलिखित में से लकस कर को माि और सेर्ा कर से प्रलतस्र्ालित लकया जाएगा?
(a)Property tax/संपलत्त कर
(b)Corporation tax/लनगम कर
(c)VAT/वैट
(d)All the above/उपरोक्त सभी
Ans.(c)
Q8.What is the minimum support price of mustard for the season 2017-18?
सीज़न 2017-18 के लिए सरसोिं का न्यूनतम समर्वन मूल्य क्या है ?
(a) Rs.3175 per quintal
(b) Rs.3900 per quintal
(c) Rs.2900 per quintal
(d) Rs.3500 per quintal
Ans.(b)
SET 2:
S2. Ans.(b)
Sol. The SAARC Secretariat is based in Kathmandu, Nepal. It coordinates and
monitors implementation of activities, prepares for and services meetings, and
serves as a channel of communication between the Association and its Member
States as well as other regional organisations. SAARC was founded in Dhaka
on 8 December 1985.
S4. Ans.(a)
Sol. The major instruments of fiscal policy are – Budget, Taxation, Public
Expenditure, Public Works, Public Debt (public borrowing).
Q5. In which of the following States India’s first Green Rail Corridor was
launched in –
लनम्नलिखित में से लकस भारतीय राज्ोिं में िहिा ग्रीन रे ि कॉररडोर िॉन्च लकया
गया र्ा-
(a) Karnataka/कनास टक
(b) Maharashtra/महाराष्ट्र
(c) Himachal Pradesh/लहमाचल प्रदे श
(d) Tamil Nadu/तलमल नाडू
S5. Ans.(d)
Sol. The India’s first Green Rail Corridor was inaugurated on the 114-km long
Rameswaram-Manamadurai stretch in Tamil Nadu.
S6. Ans.(a)
Sol. When the demand for a good increases with an increase in income, such a
good is called Superior good. A Superior good also may be a luxury good.
S7. Ans.(d)
Sol. The Insurance Regulatory and Development Authority of India is an
autonomous, statutory agency tasked with regulating and promoting the
insurance and re-insurance industries in India.
S8. Ans.(a)
Sol. Supply-side economics is the theory that says increased production drives
economic growth. So, the supply-side economics lays greater emphasis on
Producer.The factor of production are capital, labour, entrepreneurship, and
land.
S9. Ans.(a)
Sol. The Human Development Index (HDI) is a composite statistic (composite
index) of life expectancy(health), education, and per capita income indicators,
which are used to rank countries into four tiers of human development.
S10. Ans.(a)
Sol. Octroi is a tax levied on various goods entering a town or city.