General Economy Questions and Answers for competitive exams

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General Economy Questions and Answers for competitive exams UPSC SSC , IAS Prelims, SSC CGL, CHSL, General Awareness Questions Mcq

general economy questions and answers

76.
Small farmers in the country have been defined as those farmers having land holding of

a
below one hectare
b
two to three hectare
c
one to two hectare
d
three to four hectare

77.
Rashtriya Krishi Bima Yojana was introduced in

a
1999
b
1996
c
1998
d
1992

78.
Which one of the following organisations is a financial institution ?

a
SEBI
b
KVIC
c
ICICI
d
IFCO

79.
Over use of resource is called 'Tragedy of Commons'. It was propounded by:

a
Seligman
b
Adolph Wagner
c
Garett Hardin
d
A.P Lernier

80.
Which State Government has recently abolished 'agriculture income tax'

a
Bihar
b
Rajasthan
c
Assam
d
Karnataka

81.
Seawater, fresh air, etc., are regarded in Economics as

a
inferior goods
b
normal goods
c
free goods
d
Giffen goods

82.
Planning and control are so related that

a
Both go on simulta-neously in cycle
b
Both are equivalent
c
Control initiates planning
d
Planning initiates control

83.
Which of the following programmes meet the credit needs of poor women?

a
Indira Mahila Yojna
b
Rashtriya Mahila Kosh
c
Mahila Samriddhi Yojna
d
Mahila Samakhya Programme

84.
Which of the following is not an objective of the monetary policy of the RBI ?

a
Boost economic development
b
Ensure social justice
c
Control inflationary pressure
d
Direct credit in desirable direction

85.
When was the Jawahar Rozgar Yojna launched ?

a
1989
b
1985
c
1991
d
1987

86.
Which one of the following is not an instrument of Fiscal policy?

a
Public borrowing
b
Taxation
c
Public expenditure
d
Open Market Operations

87.
The main difference between Gross Domestic Product (GDP) and Gross National Product (GNP is

a
Capital consumption allowance
b
Transfer payments
c
Net foreign income from abroad
d
Capital gains

88.
India adopted the Five-Year Plans from

a
France
b
former USSR
c
America
d
England

89.
'Himayat' is a training cumplacement programme for unemployed youth in the State of

a
Haryana
b
Jammu and Kashmir
c
Punjab
d
Himachal Pradesh

90.
A refrigerator operating in a chemist's shop is an example of

a
free good
b
final good
c
producers good
d
consumer's good

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