Economics Quiz Set No. 22

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 philosophy of 'Laissez-faire' is associated with ?

A) Gandhian State B) Industrial State C) Socialist State D) Welfare State Answer is required

2 The Planning Commission of India as per Indian Constitution is?

A) An autonomous body B) An executive body C) An advisory body D) A Government department Answer is required

3 The Planning Commission of India: (1) was set up in 1950, (2) is a constitutional body, (3) is an advisory body, (4) is a government department.

A) 1 and 2 B) 2 and 3 C) 1 and 3 D) 3 only Answer is required

4 The Reserve Bank of India issues:

A) all the currency notes B) all the currency notes except the one rupee note C) all the currency notes except the hundred rupee note D) only notes of Rs. 10 and above Answer is required

5 The responsibility of preparation of electoral rolls in India rests with the

A) Local Administration B) Election Commission C) Returning Officer D) Parliament Answer is required

6 The Second Five Year Plan laid more stress upon:

A) agriculture B) industrialisation C) removing poverty D) self-reliance Answer is required

7 The situation with increasing unemployment and inflation is termed as:

A) hyperinflation B) galloping inflation C) stagflation D) reflation Answer is required

8 The Slack Season in the Indian Economy is?

A) Feb - Apr B) Mar - Apr C) Jan - June D) Sep - Dec Answer is required

9 The slogan 'Garibo Hatao' was included in the

A) Second plan B) First plan C) Fifth plan D) Fourth plan Answer is required

10 The States' debt does not include:

A) loans from State Bank of India B) loans from the Central Government C) Provident Funds D) treasury bills issued to international financial institutions Answer is required

Online Economics Quiz Set No - 22