ECONOMICS MCQS SET 06

ECONOMICS MCQS SET 06

1. Match List I with List II Correctly and select your answer by using the codes given below:
List I List II
a. Indonesia 1. Tangahan
b. New Mexico 2. Pontic
c. Turkey 3. Krakatau
d. China 4. Rio Grande
A) 2 4 1 3
B) 3 4 2 1
C) 2 3 1 4
D) 4 2 3 1
 

2. Match the following:
a. Octroi 1. Tourism operator
b. Professional tax 2. Trader
c. Service tax 3. Cement manufacturer
d. Value added tax 4. Medical profession
A) 2 4 3 1
B) 3 2 4 1
C) 2 4 1 3
D) 4 2 3 1

3. Consider the following statements:-
a) Dr. V.A.Smith had called India an Ethnological Museum for there is a great variety of racial types.
b) India is well known as a land of great varieties. Because, there is a great variety of racial types
A) (a) is correct (b) is wrong
B) (b) is correct (a) is wrong.
C) (a) and (b) are correct
D) Both (a) and (b) are wrong
 

4. Which is the correct sequence of various sectors in GDP of India in the descending order?
A) Primary sector, Secondary sector, Tertiary sector 

B) Primary sector, Tertiary sector, Secondary sector 

C) Secondary sector, Tertiary sector, Primary sector
D) Tertiary sector, Secondary sector, Primary sector

5. Net National Income (NNI) does not include
A) Indirect business taxes 

B) Corporate income taxes 

C) Depreciation charges 

D) the rental value of house - owners
 

6. Which is wrongly matched?
a. Universal Declaration of Human Rights 1. 1948 

b. European Social Charter 2. 1961 

c. American Declaration of Rights and Duties of Man 3. 1958 

d. International Covenant Civil and Political Rights (ICCPR) 4. 1966 

A) (a) 

B) (b) 

C) (c) 

D) (d)
 

7. Till which Five year Plan, employment strategy had been growth linked
A) Fifth Five Year Plan 

B) Sixth Five year Plan 

C) Seventh Five Year plan 

D) Eighth Five year plan
 

8. Given below are two statements, one labeled as assertion (A) and the other labeled as Reason (R)
Assertion (A) : India‟s Public Sector helped in the development of a sounds industrial base. Reason (R) : Public Sector is under State Information Appropriate Policies and providing financial and other support has helped the public Sector.

A) (A) is correct but (R) is wrong 

B) Bothe (A) and (R) are correct 

C) (A) is wrong but (R) is correct 

D) Both (A) and (R) are wrong
 

9. Rate of saving is measured as a proportion of Gross Domestic Product (GDP) at
A) Constant prices 

B) Market prices 

C) Relative prices 

D) None of the above
 

10. Consider the following statements:
a. „Operation flood‟ was a programme for women empowerment
b. Under this programme rural women involved in dairy development
A) (a) only is correct 

B) (a) and (b) are correct 

C) Only (b) is correct 

D) Both (a) and (b) are wrong  

ANSWER

1    B  

2    C
3    C
4    C
5    D
6    C
7    A
8    B
9    B
10    B