GK-Economics MCQ Question and Answer

GK-Economics MCQ Question and Answer
11. India’s first port-based Special Economic Zone named Inter national Container Transshipment Terminal (ICTI) is being set-up at?
  • Kandla
  • Kochi
  • Goa
  • Tuticorin
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12. Which of the following is pure unitless number?
  • Mathematical average
  • Statistical average
  • Absolute measure of dispersion
  • Relative measure of dispersion
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13. The user cost of capital is?
  • The real rate of interest plus the rate of depreciation
  • The nominal rate of interest plus the rate of depreciation
  • The real rate of interest only
  • The nominal rate of interest only
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14. The number of items reserved for the exclusive manufacture by micro and small enterprises is currently?
  • Less than 25
  • Less than 50
  • Less than 75
  • Less than 100
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15. A new housing price index RESIDEX has been launched by?
  • Planning Commission
  • Housing Development Finance Corporation
  • National Housing Bank
  • Central Statistical Organization
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16. Which one of the following is not a feature of current Indian Planning?
  • Structural Planning
  • Indicative Planning
  • Functional Planning
  • Decentralised Planning
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17. The concept of disinvestment was introduced by?
  • Friedman
  • Kaldor
  • Keynes
  • Myrdal
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18. Which of the following is average of second order?
  • Arithmetic mean
  • Geometric mean
  • Second quartile
  • Standard deviation
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19. Which average is most affected by the extreme observations?
  • Arithmetic mean
  • Geometric mean
  • Median
  • Mode
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20. If the covariance of two variables is equal to the product of the standard deviations of the variables, then the correlation coefficient will be?
  • -1
  • +1
  • 0
  • Between 0 and -1
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