Top 550+ Solved Indian Economy MCQ Questions Answer
Q. New exim policy has choosen a town for the pottery export :
a. Panipat
b. Moradabad
c. Khurja
d. Agra
Q. A country is said to be in a debt trap if: [IAS 2002]
a. it has to abide by the conditionalities imposed by the International Monetary Fund
b. it has to borrow to make interest payments on outstanding loans
c. it has been refused loans or aid by creditors abroad
d. the World Bank charges a very high rate of interest on outstanding as well as new loans
Q. 'Dumping' in the context of international trade refers to : [CDS 2000]
a. exporting goods at prices below the actual cost of production
b. exporting goods without paying the appropriate taxes in the receiving country
c. exporting goods of inferior quality
d. exporting goods only to re-import them at cheaper rates
Q. The exports of India:
a. are confined to a few items
b. are spread over several commodity groups
c. have not shown much of a change since 1960-61
d. comprise mainly of agro-based products
Q. G-77 summit is a forum for: [CDS 2000]
a. North-South Cooperation
b. East-West Cooperation
c. South-South Cooperation
d. North-North Cooperation
Q. The headquarters of World Trade Organisation is in : [CDS 2000]
a. Montreal
b. Seattle
c. Geneva
d. The Hague
Q. The headquarters of OPEC (Organisation of Petroleum Countries) is at :
a. Vienna
b. Kuwait City
c. Algeria
d. Tehran
Q. Per capita incomeWhich of the above is/are the parameters for the measurement of Human Development Index by UNDP? [CDS 2005]
a. 1, 2 and 4
b. 1 and 3
c. 4 only
d. 1, 2, 3 and 4
Q. Which of the following constitute the World Bank? [IAS 1995] 1. International Bank of Reconstruction and Development 2. International Finance Corporation 3. International Development Association 4. International Monetary Fund Choose the correct answer from the codes given below:
a. 1, 2 and 3
b. 1 and 2
c. 1 and 3
d. 1, 2, 3 and 4
Q. The headquarters of IMF and World Bank are located at :
a. Geneva and Montreal
b. Geneva and Vienna
c. New York and Geneva
d. Both Washington DC
Q. Voting rights in the IMF are distributed on the basis of: [CDS 1993]
a. one country, one vote
b. proportion to the share of the income of the country in the world income
c. proportion to contributions given by each country
d. proportion to quota alloted to countries from time to time
Q. "World Development Report" is an annual publication of: [IAS 2002]
a. United Nations Development Programme
b. International Bank of Reconstruction and Development
c. World Trade Organisation
d. International Monetary Fund
Q. Special Drawing Rights (SOR) facility is available at : [SSC Graduate 2003]
a. International Monetary Fund (IMF)
b. World Bank (IBRD)
c. International Development Association (lDA)
d. Organisation of Economic Cooperation and Development (OECD)
Q. PIIGS is the group of nations falling under........ [RBI Grade B Officer 2011]
a. Euro zone
b. Asia Pacific
c. SAARC
d. NATO