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Friday, July 10, 2020

Important MCQs of Economy


Q. Which statement is not true about SAARC?

a) Currently there are 8 members of SAARC
b) It was established in Bangladesh in 1964
c) Its first meeting was held in Dhaka
d) It aims to promote mutual cooperation among members in South Asia

Answer= b) It was established in Bangladesh in 1964

Q. Who issues the Special Drawing Rights (SDR) in the following?

a) World Bank
b) World Trade Organization
c) Asian Development Bank
d) International Monetary Fund

Answer= d) International Monetary Fund

Which of the following statement is/are correct about the NITI Aayog?:
I. The aim of NITI Aayog is to achieve Sustainable Development Goals and to enhance cooperative federalism in the country.
II. The Prime Minister of India is the ex officio Chairperson of the NITI Aayog
III. There are 8 full time members in the NITI Aayog

a) Only II & III
b) Only II
c) Only I
d) Only I & II

Answer= d) Only I & II

Q. Which Indian state uses biggest quantity of fertilizer in India?

a) Punjab
b) Karnataka
c) Uttar Pradesh
d) Maharashtra

Answer= a) Punjab

Q. What is India's rank in the Global Competitive Index report 2019?

a) 71st
b) 68th
c) 78th
d) 52nd

Answer= b) 68th

Q. When was the Gender Inequality Index (GII) introduced?

a) 2010
b) 2011
c) 1999
d) 2005

Answer = a) 2010

Q. What percentage of Indian GDP is contributed by the service sector?

a) 25 % of GDP
b) 60 % of GDP
c) 53% of GDP
d) None of these

Answer = c) 53% of GDP

Q. Who gives the Star ratings to the electronic items (on the basis of efficiency of the products)?

a) Finance Ministry
b) International Standard Organization
c) International Statistical Institute
d) Bureau Of Energy Efficiency

Answer = d) Bureau Of Energy Efficiency

Q. Which of the following country is not part of G-8?

a) France
b) Japan
c) Germany
d) Austria

Answer = d) Austria

Q. বৰ্তমান সময়ত ভাৰতবৰ্ষত কেইখন ৰাজহুৱা খণ্ডৰ বেংক আছে? (At present how many Public Sector Banks are in India)

ক) ২৭ টা (27)
খ) ১০ টা (10)
গ) ১২ টা (12)
ঘ) ১৩ টা (13)

Answer = গ) ১২ টা (12)

Q. Which of the following institution is associated with Dunkel Proposals?

a) World Bank
b) International Monetary Fund
c) World Trade Organization
d) United Nations Organization

Answer = c) World Trade Organization

Q. Which Ministry has started the Ganga Aamantran Abhiyan?

a) Jal Shakti Ministry
b) Ministry of Environment
c) Ministry of Drinking Water and Sanitation
d) Ministry of Agriculture & Farmers' Welfare

Answer =  a) Jal Shakti Ministry

Q.Who started the Mahalwari system?

a) William Bentinck
b) L. Cornwallis
c) Sir John Shore
d) None of these

Answer= a) William Bentinck

Q. What is the limit of annual turnover for small enterprises of manufacturing sector?

a) Between 5 cr to 75 cr
b) Less than 5 cr
c) Between 75 cr to 250 cr
d) just 25 cr

Answer= a) Between 5 cr to 75 cr

Q. Who started the Zamindari system?

a) John Shore
b) L. Cornwallis
c) Lord Minto
d) William Bentinck

Answer= b) L. Cornwallis

Q.Which of the following report is not released by the World Bank?

a) World Development Report
b) Ease of Doing Business
c) Global Economic Prospects
d) Global Gender Gap Report

Answer=d) Global Gender Gap Report

Q. Who is the current chief of the World Bank Group?

a) Donald Tusk
b) David Malpass
c) Christine Lagarde
d) Jim Yong Kim

Answer= b) David Malpass

Q. Who is the current CEO of the NITI Aayog?

a) Rajeev Kumar
b) Arvind Subramanyam
c) Amitabh Kant
d) Narendra Modi

Answer= c) Amitabh Kant

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