Economics Quiz Set No. 10

Economics questions have been taken from previous years question papers of different competitive examinations such SSC CGL, SSC CHSL, CDS, NDA, Bank, State PSC, Railways, MAT, CAT, etc.

1 The place where bankers meet and settle their mutual claims and accounts is known as:

A) treasury B) clearing house C) collection centre D) dumping ground Answer is required

2 In India, the Public Sector is most dominant in?

A) Steel production B) Organised term lending financial institutions. C) Transport D) Commercial banking Answer is required

3 In India, which of the following affects poverty line the most?

A) Quantum of gold reserve B) Per capita income C) Production quantum D) Level of prices Answer is required

4 In the context of India's Five Year Plans, a shift in the pattern of industrialization, with lower emphasis on heavy industries and more on infrastructure begins in:

A) fourth Plan B) sixth Plan C) eighth Plan D) tenth Plan Answer is required

5 In the last one decade, which one among the following sectors has attracted the highest foreign direct investment(FDI) inflows into India?

A) Services sector B) Insurance sector C) Telecommunication D) Defence sector Answer is required

6 In the second phase of nationalization of commercial banks, how many banks were nationalized?

A) 4 B) 6 C) 8 D) 10 Answer is required

7 In the terms of economics, the recession occurring two times with a small gap in between is known as:

A) Double Deflation B) Deflation C) Deep Recession D) Double Dip Recession Answer is required

8 In the year 1969 how many banks were nationalised?

A) 12 B) 14 C) 16 D) 18 Answer is required

9 In which of the Five Year Plans, preference was given to the weaker sections of the society?

A) Second B) Third C) Fourth D) Fifth Answer is required

10 In which one of the following five year plans the actual growth performance in India in respect of GDP (at factor cost) was less than the target set?

A) Sixth five year plan B) Seventh five year plan C) Eighth five year plan D) Ninth five year plan Answer is required

Online Economics Quiz Set No - 10