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Economics Mock ...

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  • Question 1
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    China started its Reform and Opening-up of Economy in which year?

  • Question 2
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    Which country introduced One child policy to curb its population growth?

  • Question 3
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    Which of the following statements are incorrect?

  • Question 4
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    The total population per net cultivated area of a country refers to its _______.

  • Question 5
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    Which Country has the highest Human Development Index (HDI) in south Asia?

  • Question 6
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    Which of the following committee has made recommendations for new poverty line and estimates of poverty in 2009?

  • Question 7
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    Which among the following is NOT a human capital?

  • Question 8
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    National Bank for Agriculture and Rural Development was established in the year______

  • Question 9
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    Which cities are connected by Golden Quadrilateral?

  • Question 10
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    The Sustainable Development Goals comprises of how many goals and targets? 

  • Question 11
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    What is the predominant type of Indian agriculture?

  • Question 12
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    What was the condition of Indian Agriculture Sector before independence?

  • Question 13
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    Which Five Year Plan is known as Mahalanobis plan?

  • Question 14
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    NITI Aayog replaced planning commission during which of the following five year plan?

  • Question 15
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    With reference to the India’s Industrial Policy resolution 1956, which of the following statement is correct?

  • Question 16
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    In the context of exchange rate, the term "dirty floating" refers to

  • Question 17
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    Which one of the following is not a component of balance of payments ?

  • Question 18
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    Which one of the following is an item of current account of the balance of payments?

  • Question 19
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    The sum of all transactions recorded in the balance of payments must be _______.

  • Question 20
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    Devaluation means

  • Question 21
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    The fiscal deficit excluding the interest liabilities for a year is called 

  • Question 22
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    Which one of the following is not a component of 'Capital Receipts'?

  • Question 23
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    Which of the following is revenue expenditure of the Government?

  • Question 24
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    Which budget is known as sunset budget system–

  • Question 25
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    Effective Revenue Deficit means

  • Question 26
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    What is the word ‘SMART Money’ used for?

  • Question 27
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    Which of the following is broad money?

  • Question 28
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    What is/are the main functions of RBI?

  • Question 29
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    Who is the Chairman of Monetary Policy Committee?

  • Question 30
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    The marginal propensity to consume, lies between ______.

  • Question 31
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    Disguised unemployment refers to

  • Question 32
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    When aggregate supply exceeds aggregate demand

  • Question 33
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    Which of the following is not a component of aggregate demand ?

  • Question 34
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    Who was the first to determine national income?

  • Question 35
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    When the national income of an economy is calculated based on the input costs then it is known as National Income at _______________.

  • Question 36
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    Which of the following states is among the top four states in GSDP in India?

  • Question 37
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    Net National Product (NNP) at factor cost is

  • Question 38
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    What is Nominal Gross Domestic Product (GDP)?

  • Question 39
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    If elasticity of demand is infinity, equilibrium price........no matter supply increases or decreases

  • Question 40
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    Which economist is not related to Indifference curve method ?

  • Question 41
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    At the point of consumer’s equilibrium, the slope of Indifference curve and of the Budget line should be

  • Question 42
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    When the change in price and total revenue are in the same direction, price elasticity is equal to

  • Question 43
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    Complementary goods have a _______ cross price elasticity.

  • Question 44
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    The main economic problem faced by all the society is

  • Question 45
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    In which type of economy, government decides what goods are to be produced in accordance with the needs of society?

  • Question 46
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    Production possibilities curve is also known as :

  • Question 47
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    Which one of the following statements is true with regard to an economy which is on its production possibility frontier?

  • Question 48
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    What does an inward shift in the production possibility curve indicate ?

  • Question 49
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    Multipliers will be lower with which one of the following?

  • Question 50
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    Which of the following deposits are considered while calculating Broad Money?

    1. Demand deposits with the banking system

    2. Time deposits with the banking system

    3. Banker’s Deposits

    Select the correct answer using the code given below:

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