Economics-Questions-Sep-2023

Economics-Questions-Sep-2023

1. The period of the eleventh five-year plan is:
   (A) 2004 to 2009 (B) 2006 to 2011
   (C) 2007 to 2012 (D) 2009 to 2014
2. The second five-year plan was based on-
   (A) Harrod- Domar Model.(B) Mahalanobis Model.
   (C) Solow Growth Model.(D) Vakil and Brahm ananda’s Wage –Goods
   Model.
3. Which one of the following is NOT correct?
   (A) First Five-year plan -1951-56 (B) Second Five-year plan-1956-61
   (C) Third Five-year plan – 1961-66 (D) Fourth five-year plan – 1966-71
4. According to the 2011 Census report, which state has the lowest literacy rate?
   (A) Haryana (B) Bihar
   (C) Arunachal Pradesh (D) Madhya Pradesh
5. In which city would you find La Sagrada Familia?
   (A) Barcelona (B) Morocco
   (C) Vatican City (D) Canada
6. The aim of which of the Five-Year Plans was to correct the disequilibrium in the economy?
   (A) First Five-Year Plan (B) Second Five-Year Plan
   (C) Third Five-Year Plan (D) Fourth Five-Year Plan
7. At which of the following places was the mining of coal started in 1774?
   (A) Chhindwara (B) Dhanbad
   (C) Ranchi (D) Raniganj
8. When, for the first time, did the Prime Minister of India announce the 20-point Economic Programme?
   (A) 1973 (B) 1974
   (C) 1975 (D) 1976
9. People belonging to what age group are eligible for training under the TRYSEM scheme?
   (A) 18-35 (B) 25-40
   (C) 18-50 (D) 18-25
10. Which of the following organizations looks after the credit needs of agriculture and rural
    development in India?
    (A) FCI (B) IDBI
    (C) NABARD (D) ICAR
11. In which year was the policy of population planning adopted by the government of India?
    (A) 1947 (B) 1956
    (C) 1952 (D) 1962
12. The terms TRIPS and TRIMS are related to
    (A) NAFTA (B) SAPTA
    (C) EFTA (D) GATT
13. During which Five Year Plan was the annual growth rate of National Income the lowest?
    (A) Second plan (B) Third plan
    (C) Fifth plan (D) Sixth plan
14. Economic planning is an essential feature of-
    (A) Capitalist economy (B) Socialist economy
    (C) Mixed economy (D) Dual economy
15. In India, inflation is measured by
    (A) Wholesale price index number. (B) Consumer price index for urban nonmanual workers.
    (C) Consumer price index for agricultural workers. (D) National income deflation.
16. Which of the following programs aims at the promotion of savings among rural women?
    (A) Rashtriya Mahila Kosh (B) Mahila Samriddhi Yojna
    (C) Indira Mahila Yojna (D) Javhar Rozgar Yojna
17. When was the Imperial Bank of India nationalized to form the State Bank of India?
    (A) 1947 (B) 1949
    (C) 1951 (D) 1955
18. Decisions taken at the Bretton Woods Conference led to the formation of
    (A) IDA (B) IMF
    (C) ADB (D) IFC
19. Which was the first Indian Bank to introduce a credit card?
    (A) State Bank of India (B) ICICI
    (C) Bank of Baroda (D) Central Bank of India
20. The euro is the currency of the European Union. When did it come into being?
    (A) 1999 (B) 1995
    (C) 2000 (D) 2002
21. Which of the following statements is true?
    I. Globalization is the spread of products, technology, information, and jobs across national
    borders and cultures.
    II. The World Trade Organization (WTO) is an international institution that oversees the global
    trade rules among nations.
    Select the correct option.
    (A) Only I (B) Only II
    (C) Both I & II (D) Neither I nor II
22. Which of the following statements is true?
    I. Demography refers to the statistical study of the
    country.
    II. Multiculturalism refers to the existence of
    multiple cultures within the same society.
    Select the correct option.
    (A) Only I (B) Only II
    (C) Both I & II (D) Neither I nor II
23. Which of the following statements is true?
    I. Migration refers to the demographic process that links rural to urban areas stimulating the
    growth.
    II. Social Movement refers to a loosely organized effort or movement where people come together
    to achieve a common goal.
    Select the correct option.
    (A) Only I (B) Only II
    (C) Both I & II (D) Neither I nor II
24. Which of the following statements is true?
    I. Inflation would have the most adverse effects on
    creditors.
    II. Insolvency and Bankruptcy Code comes into
    force from 2016.
    Select the correct option.
    (A) Only I (B) Only II
    (C) Both I & II (D) Neither I nor II
25. Which of the following statements is true?
    I. Liquidation in finance and economics is the process of bringing a business to an end and
    distributing its assets to claimants.
    II. Insolvency is a term for when an individual or organization can meet its financial obligations to
    its lenders.
    Select the correct option.
    (A) Only I (B) Only II
    (C) Both I & II (D) Neither I nor II

Economics
1-(C) 2-(B) 3-(D) 4-(B) 5-(A) 6-(A) 7-(D) 8-(C) 9-(A) 10-(C) 11-(C) 12-(D) 13-(B) 14-(B) 15-(A)
16-(B) 17-(D) 18-(A) 19-(D) 20-(A) 21-(C) 22-(C) 23-(C) 24-(C) 25-(A)