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Economics Mock ...

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  • Question 1
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    What is the type of Chinese Economy?

  • Question 2
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    Human Development Index is a composite index of -

  • Question 3
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    Which of the following Indian state has recorded negative population growth according to 2011 Indian population census?

  • Question 4
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    To achieve economic self-reliance was the main objective of which Five Year Plan?

  • Question 5
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    In which economic society the goods produced are distributed among the people on the basis of purchasing power (ability to buy goods and services)?

  • Question 6
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    Poverty Gap is a better measure of absolute poverty than Head Count Ratio because:

  • Question 7
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    What does cyclical unemployment mean?

  • Question 8
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    Which of the following banks is related to rural credit and finance?

  • Question 9
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    Which of the following is NOT in the infrastructure sector?

  • Question 10
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    Where was the sustainable development explained for first time?

  • Question 11
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    Which of the following was an objective of the 1956 Industrial Policy?

  • Question 12
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    IPR 1956 formed the basis of the ______ Five Year Plan of India.

  • Question 13
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    The Green Revolution in India was an introduction of High Yielding Varieties(HYV) of seeds for__________.

  • Question 14
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    What is the name of Government of India sponsored scheme to provide subsidized food to the poorest of the poor families?

  • Question 15
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    Current Account of Balance of payments does NOT include which of the following?

  • Question 16
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    Which of the following does not constitute under Balance of Payments List ?

  • Question 17
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    Who maintains the foreign exchange reserve in India?

  • Question 18
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    Which of the following crop is major foreign exchange earner for Sri Lanka? 

  • Question 19
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    Under flexible exchange rate system, the exchange rate is determined

  • Question 20
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    In which of the following year, Rail budget was merged with the general budget?

  • Question 21
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    Which of the following is correct regarding the Revenue Budget?

  • Question 22
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    In which session of the year, President addresses both the Houses of Parliament?

  • Question 23
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    Primary Deficit is equal to

  • Question 24
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    In 2014, the Reserve Bank of India (RBI) adopted the new _____ as the key measure of inflation.

  • Question 25
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    What is the animal on the insignia of the RBI?

  • Question 26
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    Which of the following function is not related to RBI 

  • Question 27
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    Who amongst the following decides the repo rate?

  • Question 28
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    GDP is the total value of _____ during a specific period.

  • Question 29
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    Macroeconomics includes study of -

  • Question 30
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    Which of the following is not  a method to calculate the GDP ?

  • Question 31
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    Which of the following is NOT a method of calculating Gross Domestic Product (GDP)?

  • Question 32
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    Equilibrium price is the price when

  • Question 33
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    In short period the production can be increased only through the application of.......factors

  • Question 34
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    Which type of unemployment is mainly found in agricultural sector in rural areas?

  • Question 35
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    What type of unemployment occurs when there are drastic changes in the economy of a country?

  • Question 36
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    What type of unemployment at present is a serious threat to the development of the Indian nation?

  • Question 37
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    According to John Maynard Keynes, employment depends upon _________.

  • Question 38
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    The slope of the Indifference curve represents the

  • Question 39
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    The rate at which the consumer is willing to substitute one good for another without changing the level of satisfaction is known as:

  • Question 40
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    If the price of tea falls, demand for coffee will –

  • Question 41
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    The tendency of the market to move towards the equilibrium is known as  _________.

  • Question 42
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    The demand curve facing a perfectly competitive firm is

  • Question 43
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    If price of an article decreases from Rs. 12 to Rs. 10, quantity demanded increases from 1000 units to 1400 units. Find point elasticity of demand?

  • Question 44
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    The degree of response to a change in prices of related goods is called as ________

  • Question 45
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    The budget mentioned in the Constitution is called 

  • Question 46
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    The Great Leap Forward (GLF) was a campaign initiated in ______ in 1958 aimed at industrialising the country on a massive scale.

  • Question 47
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    Which of the following will be the most probable impact of devaluation of Currency?

  • Question 48
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    When was the Reserve Bank of India (RBI) established?

  • Question 49
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    The relationship between Gross Domestic Product (GDP) and Net Domestic Product (NDP) is

  • Question 50
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    Disposable personal income is_________.

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