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Economics Mock ...

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  • Question 1
    5 / -1

    Which one of the following does not influence quantity demanded for a good?

  • Question 2
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    Demand for a commodity refers to

  • Question 3
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    An exceptional demand curve is one that slopes

  • Question 4
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    The income elasticity of demand for inferior goods is:

  • Question 5
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    A market, in which there are a large number of firms, homogeneous product, infinite elasticity of demand for an individual firm and no control over price by firms, is termed as

  • Question 6
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    An increase in national income because of an increase in prices only is called an

  • Question 7
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    Officially India's GDP or National Income (NI) also known as NNP is calculated based on?

  • Question 8
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    What does NEER mean?

  • Question 9
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    Unemployment and poverty estimates in India are based on-

  • Question 10
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    The largest source of National Income in India is

  • Question 11
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    GDP is the total values of ___________.

  • Question 12
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    Which of the following is wrong?

  • Question 13
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    In India, national Income is computed by which of the following?

  • Question 14
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    The _______________ is an increase in nominal wages which means workers receive higher pay.

  • Question 15
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    Which is one of the most typical example of seasonal unemployment in India?

  • Question 16
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    Which of the following indicators is used to measure headline inflation in India?

  • Question 17
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     ______ is an economic scenario where a peculiar combination of low growth and rising inflation leads to high unemployment.

  • Question 18
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    Inflation would have most adverse effects on which of the following ?

  • Question 19
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    What CPI-RL Works For

  • Question 20
    5 / -1

    Unemployment caused due to technical advancement and scientific development is known as?

  • Question 21
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    Which of the following Institution/office bring out the Wholesale Price (WPI) data in India?

  • Question 22
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    Privatisation of the public sector enterprises by selling off part of the equity of PSEs to the public is known as:

  • Question 23
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    The financial year in India is from?

  • Question 24
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    Development expenditure does not include expenditure on

  • Question 25
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    Which of the following is NOT part of Fiscal Policy?

  • Question 26
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    Since 2014-15, India has consistently run trade surplus with which one among the following countries?

  • Question 27
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    The payment of foreign trade is related with

  • Question 28
    5 / -1

    Which of the following is not the components of current account in India?

  • Question 29
    5 / -1

    Sepcial Economic Zones are set up in India in order to promote 

  • Question 30
    5 / -1

    Balance of Payments of an economy consists of 

  • Question 31
    5 / -1

    Which of the following international organizations helps its member countries during the Balance of Payment Crisis?

  • Question 32
    5 / -1

    As per the Socio-Economic Caste Census (SECC) 2011, what percentage of Indian households are rural?

  • Question 33
    5 / -1

    Whose responsibility is to get the survey of those living below the Poverty line?

  • Question 34
    5 / -1

    Which of the following is not associated with the Absolute Poverty ?

  • Question 35
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    Which of the following is a cause for Migration of unskilled workers?

  • Question 36
    5 / -1

    In which among the following states of India, poverty level is greater the national poverty level?

  • Question 37
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    The Public Distribution System, which evolved as a system of management of food and distribution of food grains, was relaunched as _______ Public Distribution System in 1997.

  • Question 38
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    Which of the following state has the land reform measures that helped to reduce poverty?

  • Question 39
    5 / -1

    Who conducts the periodical sample survery for estimating the poverty line in India?

  • Question 40
    5 / -1

    Which famous port is also known as Nhava Sheva Port?

  • Question 41
    5 / -1

    RUSA is related to ___________.

    (a) Primary Education

    (b) Secondary Education

    (c) Higher Education

    (d) Vocational Education

  • Question 42
    5 / -1

    The right to free and compulsory education at primary education level is ensured by our Constitution under :

  • Question 43
    5 / -1

    The Liberalization-Privatization-Globalization (LPG) economic reforms were brought about by which government at the centre?

  • Question 44
    5 / -1

    Economic reforms known by the name “LPG” were introduced after which five year plan in India?

  • Question 45
    5 / -1

    First generation of reforms were implemented between which among the following years in India?

  • Question 46
    5 / -1

    The Union Budget of India is prepared by which department of Finance Ministry?

  • Question 47
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    Who has the power to make laws for land reforms?

  • Question 48
    5 / -1

    _______ is a low volume but high unit value market.

  • Question 49
    5 / -1

    Which among the following is not an objective of Fiscal Responsibility and Budget Management Act (FRBM Act), 2003?

  • Question 50
    5 / -1

    Consider the following statements about impact of tax:

    1. A tax is shifted forward to consumers if the demand is inelastic relative to supply.

    2. A tax is shifted backward to producers if the supply is relatively more inelastic than demand.

    Which of the statements given above is/are correct?

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