Top 80+ Solved Indian Economy Problems and Policies MCQ Questions Answer
Q. Which of the following brings out wholesale Price Index (WPI)
a. the reserve bank of india
b. the department of economic affairs
c. the labour bureau
d. ministry of industry
Q. Economic depression is usually coupled with:
a. deflation
b. inflation
c. stagflation
d. hyperinflation
Q. The phenomena of increasing prices but declining output and employment indicates:
a. disinflation
b. stagflation
c. reflation
d. open inflation
Q. Which of the following is not a measure to control inflation adopted by the RBI and theGovernment?
a. monetary policy
b. financial inclusion
c. variation in margin requirements
d. changes in taxation
Q. Which of the authority is entrusted to retain the foreign exchange reserve of the country?
a. sebi
b. central government
c. rbi
d. exim bank
Q. This is the rate at which RBI borrows money from commercial banks:
a. open market operations
b. slr
c. repo rate
d. reverse repo rate
Q. The basic objective of MUDRA bank is to:
a. give priority to sc/st enterprises
b. funding the unfunded areas
c. ensuring financial inclusion
d. all of the above
Q. In India deficit financing is used for raising resources for:
a. economic development
b. redemption of public debt
c. adjustment the balance of payments
d. reducing the foreign debt
Q. Which of the following contributes largest share in the tax revenue of India?
a. service tax
b. wealth tax
c. income tax
d. securities transaction tax
Q. Which one of the following state introduced ‘fat tax’ for the first time in India?
a. gujarat
b. kerala
c. karnataka
d. haryana
Q. Demonetisation has the potential to generate long term benefits in terms of:
a. reduced corruption
b. greater digitalization of the economy
c. increased flaws of financial savings
d. all of the above
Q. What is the level of sex ratio in India as per the Census Report of 2011?
a. 930
b. 935
c. 940
d. 945
Q. Select the scheme which was launched to promote basic education in India and attractchildren in school going age to attend the classes:
a. pulse polio abhiyan
b. operation black board
c. mid-day meal scheme
d. shiksha sahyog yojana
Q. The AMRUT (Atal Mission for Rejuvenation and Urban Transformation) programmefocuses on:
a. providing water supply
b. providing nutritional support
c. providing electricity connection
d. providing free lpg connection
Q. In an economy, head count ratio is the measure of :
a. unemployment
b. poverty
c. literacy
d. malnutrition