Economics MCQ Questions and Answers

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Q71
Gross domestic savings as a proportion of GDP has been improving. What is the average percentage of gross domestic savings proposed during the 11th plan ?
  • A 26·4%
  • B 31·9%
  • C 34·8%
  • D 35·2%
Answer: Option C
Q72
12th Finance Commission has recommended to merge and determine one single interest rate on various outstanding central loans to states having different interest rates. What is this recommended interest rate ?
  • A 7·0%
  • B 7·5%
  • C 8·0%
  • D 8·5%
Answer: Option B
Q73
MRTP is related to-
  • A Monopoly and trade restrictions
  • B Inflation control
  • C Transport control
  • D Foreign Exchange Regulations
Answer: Option A
Q74
Interest Rate Policy is a part of-
  • A Fiscal Policy
  • B Industrial Policy
  • C Monetary Policy
  • D None of these
Answer: Option C
Q75
The basis of determining dearness allowance to employees in India is-
  • A National Income
  • B Consumer Price Index
  • C Standard of Living
  • D Per Capita Income
Answer: Option B
Q76
Competition (Amendment) Bill, 2007 has replaced-
  • A VAT
  • B MRTPC
  • C Securities Contracts (Regulation) Bill, 2005
  • D Electricity Act, 2003
Answer: Option B
Q77
A bill has been introduced in the Parliament to raise SBI authorised capital from Rs. 20 crore to-
  • A Rs. 50 crore
  • B Rs. 1000 crore
  • C Rs. 2000 crore
  • D Rs. 5000 crore
Answer: Option D
Q78
The total Foreign Direct Investment (FDI) during 2008-09 has been targeted at-
  • A $ 25 billion
  • B $ 35 billion
  • C $ 45 billion
  • D $ 50 billion
Answer: Option B
Q79
National Electricity Policy envisages elimination of power shortage by 2012 through addition of …… during 10th and 11th plan periods.
  • A 50000 MW
  • B 75000 MW
  • C 100000 MW
  • D 125000 MW
Answer: Option C
Q80
‘Priyadarshini Project’ is related to-
  • A Empowerment of Rural women
  • B Survival of Girl Child
  • C Free Education to all girls
  • D None of the above
Answer: Option A

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