Economics MCQ Questions and Answers

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Q21
Foreign Trade Policy 2009-10 document fixes the export target for 2009-10 as-
  • A $ 140 billion
  • B $ 175 billion
  • C $ 150 billion
  • D $ 200 billion
Answer: Option D
Q22
Gross Budgetary Support (GBS) for 2008–09 as per document of 11th plan stands at Rs. 2,28,725 crore but in budget proposals for 2008–09 it was raised to-
  • A Rs. 2,23,386 crore
  • B Rs. 2,43,386 crore
  • C Rs. 2,63,386 crore
  • D Rs. 28,456 crore
Answer: Option B
Q23
The base year of Industrial Production Index is being shifted from 1993-94 to-
  • A 2004-05
  • B 1999
  • C 2000-01
  • D 1999-2000
Answer: Option D
Q24
In Interim Budget proposals for 2009–10, which of the following gives 22% contribution in revenue collection of union government ?
  • A Income Tax
  • B Excise
  • C Corporation Tax
  • D Non-tax Revenue
Answer: Option C
Q25
The base year of present Consumer Price Index (CPI) for Urban Non-Manual Employees (CPI-UNME) is-
  • A 1980-81
  • B 1981-82
  • C 1982-83
  • D 1984-85
Answer: Option D
Q26
CAPART is related with-
  • A Assisting and evaluating rural welfare programmes
  • B Computer hardware
  • C Consultant service of export promotion
  • D Controlling pollution in big industries
Answer: Option A
Q27
Note issuing deptt. of RBI should always possess the minimum gold stock of worth-
  • A Rs. 85 crore
  • B Rs. 115 crore
  • C Rs. 200 crore
  • D None of these
Answer: Option B
Q28
Which of the following does not grant any tax rebate ?
  • A National Saving Certificate
  • B Indira Vikas Patra
  • C National Saving Scheme
  • D Public Providend Fund
Answer: Option B
Q29
Ad hoc Treasury Bill System of meeting budget deficit in India was abolished on-
  • A 31 March, 1997
  • B 31 March, 1996
  • C 1 April, 1992
  • D 1 April, 1995
Answer: Option A
Q30
SEBI was established in-
  • A 1993
  • B 1992
  • C 1988
  • D 1990
Answer: Option C

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