GK-Economics MCQ Question and Answer
GK-Economics MCQ Question and Answer
1. The concept of ‘costing margin’ in the pricing theory was introduced by?
- Andrews
- Baumol
- Cournot
- Williamson
2. Four heads of expenditure of the Union Budget 2009
-10 are given
below—
1. Plan expenditure
2. Non-plan expenditure
3. Revenue expenditure
4. Capital expenditure
Arrange the expenditure heads in descending order
using the codes given below
- 2,3,4,1
- 3,4,2, 1
- 3,2,1,4
- 2,1,4,3
3. In the year 2007-08 the per capita NNP at current
prices was?
- More than Rs. 20,000
- More than Rs. 30,000
- More than Rs. 40,000
- More than Rs. 50,000
5. India’s foreign exchange rate system is?
- Free float
- Managed float
- Fixed
- Fixed target of band
6. The terms ‘NEER’ and ‘REER’ are related with?
- Foreign exchange rate
- External economic resources:
- National and regional economic equality
- Environmental regulation
7. For the calculation of percentile, the data should
be arranged in?
- Ascending order
- Descending order
- Random order
- Either random or descending order
8. As per BASEL-II norms, a bank’s capital to risk weighted assets ratio (CRAR) should be at least?
- 8%
- 10%
- 12%
- 14%
10. According to the Planning Cornmission, for
infrastructure development during Eleventh Five Year
Plan, the required investment is?
- Approximately $ 250 billion
- Approximately $ 500 billion
- Approximately $ 750 billion
- Approximately $ 1000 billion