Monday, September 14, 2020

Economics Multiple Choice Questions and Answers for all competitive exams

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Economics Multiple Choice Questions and Answers for all competitive exams
Economics MCQs Questions

Economics Multiple Choice Questions and Answers for all competitive exams | Economics MCQs Questions for all the competitive exams SSC CHSL, MPPSC, UPPSC, HPPSC, HPSSSB, Clerks, Banking etc. You must have to read these questions. for more questions click on below link which is at below the post. Economics is an important part as per examination point of view. here's the questions.


Q.1 Open unemployment refers to status

(a) Weekly

(b) Usual

(c) Daily

(d) Annual

Answer : b

 

Q.2 ‘Food for work programme’ was introduced during the plan

(a) Fourth

(b) Fifth

(c) Sixth

(d) Seventh

Answer : b

 

Q.3 The Kharif season begins in

(a) October

(b) May

(c) January

(d) June

Answer : b

 

Q.4 The coal industry was started in India in

(a) 1900

(b) 1857

(c) 1820

(d) 1849

Answer : c

Q.5 The rubber producing state in India is

(a) Kerala

(b) Tamil Nadu

(c) Assam

(d) West Bengal

Answer : a

 

Q.6 The number one sugar producing country in the world is

(a) Cuba

(b) Brazil

(c) India

(d) Ghana

Answer : b

 

Q.7 The minimum number of members required to from a co-operative society is

(a) 8

(b) 10

(c) 12

(d) 5

Answer : b

 

Q.8 The maximum number of shareholders in a private limited company is

(a) 28

(b) 50

(c) 40

(d) 12

Answer : b

 

Q.9 Headquarters of world trade organization (WTO) is located is

(a) New York

(b) Tokyo

(c) Geneva

(d) Berlin

Answer : c

 

Q.10 Which country is leading in the production of milk?

(a) India

(b) China

(c) USA

(d) UK

Answer : a

Q.11 Which crop is sown on the largest are in India?

(a) Rice

(b) Sugarcane

(c) Wheat

(d) Maize

Answer : a

 

Q.12 Mahatma Gandhi Setu the longest bridge in Asia has been built across the river

(a) Kosi

(b) Tapti

(c) Yamuna

(d) Narmada

Answer : a

 

Q.13 The food crop takes up % of the cropped area

(a) 80

(b) 75

(c) 40

(d) 55

Answer : b

 

Q.14 What is the effect of deficit financing on economy?

(a) Depression

(b) Deflation

(c) Inflation

(d) Recession

Answer : c

 

Q.15 Which one of the following does not contribute to the development of India economy?

(a) Population growth

(b) Rising industrial output

(c) Modern technology

(d) Green revolution

Answer : a

 

Q.16 The major factor that determines industrial productivity is

(a) Technological

(b) Financial

(c) Natural

(d) Managerial

Answer : a

Q.17 The backbone of all economic activities is

(a) Agriculture

(b) Finance

(c) Industry

(d) Education

Answer : b

 

Q.18 The most rigidly government controlled industry in India is

(a) Cement

(b) Sugar

(c) Cotton

(d) Paper

Answer : d

 

Q.19 Uncertain income in any enterprise is

(a) Rent

(b) Wages

(c) Interest

(d) Profit

Answer : d

 

Q.20 Demand of a commodity mainly depends on

(a) Desire to purchase

(b) Power to purchase

(c) Tax policy

(d) Advertisement

Answer : b

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