GK-Economics MCQ Questions and Answers

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Showing 10 of 33 questions
Q11
India’s first port-based Special Economic Zone named Inter national Container Transshipment Terminal (ICTI) is being set-up at?
  • A Kandla
  • B Kochi
  • C Goa
  • D Tuticorin
Answer: Option B
Q12
Which of the following is pure unitless number?
  • A Mathematical average
  • B Statistical average
  • C Absolute measure of dispersion
  • D Relative measure of dispersion
Answer: Option D
Q13
The user cost of capital is?
  • A The real rate of interest plus the rate of depreciation
  • B The nominal rate of interest plus the rate of depreciation
  • C The real rate of interest only
  • D The nominal rate of interest only
Answer: Option A
Q14
The number of items reserved for the exclusive manufacture by micro and small enterprises is currently?
  • A Less than 25
  • B Less than 50
  • C Less than 75
  • D Less than 100
Answer: Option A
Q15
A new housing price index RESIDEX has been launched by?
  • A Planning Commission
  • B Housing Development Finance Corporation
  • C National Housing Bank
  • D Central Statistical Organization
Answer: Option D
Q16
Which one of the following is not a feature of current Indian Planning?
  • A Structural Planning
  • B Indicative Planning
  • C Functional Planning
  • D Decentralised Planning
Answer: Option C
Q17
The concept of disinvestment was introduced by?
  • A Friedman
  • B Kaldor
  • C Keynes
  • D Myrdal
Answer: Option C
Q18
Which of the following is average of second order?
  • A Arithmetic mean
  • B Geometric mean
  • C Second quartile
  • D Standard deviation
Answer: Option D
Q19
Which average is most affected by the extreme observations?
  • A Arithmetic mean
  • B Geometric mean
  • C Median
  • D Mode
Answer: Option A
Q20
If the covariance of two variables is equal to the product of the standard deviations of the variables, then the correlation coefficient will be?
  • A -1
  • B +1
  • C 0
  • D Between 0 and -1
Answer: Option B

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