AIMS DARE TO SUCCESS MADE IN INDIA

Sunday, 22 October 2017

TODAY'S GK (ECONOMICS)

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సేకరణ మీ తల్లపురెడ్డి. వెంకట కృష్ణారెడ్డి గణితశాస్త్రం గురువు గారు 9440345996
Welcome To General Knowldege
                      Economics

1. Which of the following is not a member of SAARC ?
A. Nepal
B. Pakistan
C. Bangladesh
D. Myanmar

Correct Ans is D

2. Which is not the characteristic of socialist or planned economy ?
A. Government is the owner of resources
B. Production decisions are determined by the government
C. Profit motive
D. None of the above

Correct Ans is C

3. Which commodity can be called as Giffen commodity ?
A. Inferior commodity
B. Superior commodity
C. Any of above
D. None of the above

Correct Ans is A

4. Nowadays, the thurst areas of human development are--
A. Health
B. Gender Equity
C. Gender Empowerment
D. All of the above

Correct Ans is D

5. Deficit financing increases--
A. Rate of money inflation
B. Rate of money deflation
C. Rate of devaluation
D. All of the above

Correct Ans is A

6. To which service, the government has notified Service Tax Refund Scheme for exporter ?
A. Port services
B. Railway service
C. Road service
D. All of these

Correct Ans is D

7. Which is not a monetary measure to control inflation ?
A. Soft loan policy
B. Hard credit policy
C. Tight the regulation of money issue
D. To reduce the quantity of money

Correct Ans is A

8. Parliament on May 5, 2010 passed the payment of Gratuity (Amendment) Bill 2010 which increases the gratuity limit for employees from Rs. 3.5 lakh to--
A. Rs. 5 lakh
B. Rs. 7.5 lakh
C. Rs. 10 lakh
D. Rs. 12.5 lakh

Correct Ans is C

9. Which of the following is the second law of Gossen ?
A. Law of equi-marginal utility
B. Law of equi-product
C. Theory of indifference curve
D. Law of diminishing marginal utility

Correct Ans is A

10. What is 'green gold' ?
A. Tea
B. Coffee
C. Gold
D. Rice

Correct Ans is A

11. Which of the following remedies are adopted to control price rise in the economy ?
A. Monetary measures
B. Fiscal measures
C. Administered price mechanism
D. All of the above

Correct Ans is D

12. Dunkel Draft was--
A. Associated with Uruguay round
B. Related to atomic treaty among nations
C. Related to Super 301
D. Related to promoting drugs trade

Correct Ans is A

13. For attaining 9% growth rate during 11th plan (2007-2012), investment level has been estimated to be--
A. 34.8% of GDP
B. 32.4% of GDP
C. 30.9% of GDP
D. 36.7% of GDP

Correct Ans is D

14. In main Budget proposals for 2010-11, which of the following gives 23% contribution in revenue collection of union government ?
A. Income Tax
B. Excise
C. Corporation Tax
D. Non-tax Revenue

Correct Ans is C

15. According to population census 2001, population of India as on March 1, 2001 was--
A. 102.87 crore
B. 100.20 crore
C. 99 crore
D. 98 crore

Correct Ans is A

16. Marginal utility is equal to average utility at that time when average utility is--
A. Increasing
B. Maximum
C. Falling
D. Minimum

Correct Ans is B

17. Rural women can avail the benefit of Mahila Samriddhi Yojana if they open their account in--
A. Rural Post Offices
B. Commercial Banks
C. Rural Development Bank
D. Any of the above

Correct Ans is A

18. Who is the Deputy Chairman of Planning Commission ?
A. Montek Singh Ahluwalia
B. C. Rangrajan
C. K. C. Pant
D. None of the above

Correct Ans is A

19. Which state stands first in the length of roads in the country ?
A. Maharashtra
B. Uttar Pradesh
C. Madhya Pradesh
D. Rajasthan

Correct Ans is A

20. The new base year of newly constituted Wholesale Price Index on the recommendation of Abhijit Sen Committee is--
A. 2000-01
B. 2002-03
C. 2004-05
D. 2005-06

Correct Ans is C

21. The Headquarter of RBI is in--
A. Delhi
B. Mumbai
C. Kanpur
D. Nasik

Correct Ans is B

22. To which service, the government has notified Service Tax Refund Scheme for exporter ?
A. Port services
B. Railway service
C. Road service
D. All of these

Correct Ans is D

23. Which government income is included in revenue budget ?
A. Tax-revenue
B. Non-tax-revenue
C. Both of above
D. None of the above

Correct Ans is C

24. National Sample Survey Organisation (NSSO) was established in--
A.1950
B.1951
C.1952
D.1947

Correct Ans is A

25. The index of measuring economic development is--
A. Increase in productive assets
B. National income
C. Per-capita income
D. Any of the above

Correct Ans is D

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