Indian Economy MCQs
Indian Economy Multiple Choice Questions (MCQs) for SSC, State and all One Day Examinations of India. Objective Questions on Indian Economy for competitive examinations.
41. Which among the following moderator is used by a fast breeder reactor?
[A] Light water
[B] Graphite
[C] Heavy Water
[D] None
Show Answer
Correct Answer: D [None]
Notes:
No moderator is used in the breeder reactor since fast neutrons are more efficient in transmuting U-238 to Pu-239.
42. What is the basic problem studied in macro-economics?
[A] production of income
[B] usage of income
[C] flow of income
[D] distribution of income
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Correct Answer: A [production of income]
Notes:
Macroeconomics includes the sum total of economic activities. It deals with issues like production, growth, inflation and unemployment of national income. It is all about maximizing national income and growth.
43. What is Income and Expenditure Account?
[A] Property Account
[B] Personal Account
[C] Nominal Account
[D] Capital Account
Show Answer
Correct Answer: C [Nominal Account]
Notes:
Accounts which are related to expenses, losses, incomes or gains are called Nominal accounts. The final result of all nominal accounts is either profit or loss which is then transferred to the capital account. Personal accounts are related to individuals, firms, companies, etc.
44. Which is an indirect tax?
[A] Capital Gains Tax
[B] Excise Duty
[C] Wealth Tax
[D] Estate Duty
Show Answer
Correct Answer: B [Excise Duty]
Notes:
Some examples of indirect taxes include value added tax, excise duty, sales tax, stamp duty and custom duty levied on imports. These are taxes levied by the state on expenditure and consumption, but not on property or income.
45. Capital market is related to_________.
[A] Short term fund
[B] Long term fund
[C] Cash
[D] Both long and short term funds
Show Answer
Correct Answer: B [ Long term fund]
Notes:
Capital markets are financial markets for the purchase and sale of long-term debt or equity-backed securities. These markets pass savers’ money to those who can put it to long-term productive use, such as companies or governments that are making long-term investments.
46. In the context of capital markets, what does the abbreviation ‘FPO’ stand for?
[A] Free Public Offer
[B] First Portfolio Operation
[C] Follow-on Public Offer
[D] First Public Offer
Show Answer
Correct Answer: C [Follow-on Public Offer]
Notes:
A follow-on offering is issuance of additional shares made by a company after an initial public offering (IPO). Companies usually announce FPOs to raise equity or reduce debt. The two main types of FPOs are dilutive (meaning new shares are added) and non-dilutive
47. Which types of foreign investments are considered unsafe?
[A] Foreign Direct Investment (FDI)
[B] Portfolio Investment
[C] NRI deposits
[D] External commercial borrowing
Show Answer
Correct Answer: B [Portfolio Investment]
Notes:
Portfolio Investments are considered unsafe. Portfolio investment is an investment as a group of assets (portfolio), which includes transactions in equities, securities, such as common stock, and debt securities, such as banknotes, bonds, and debentures. These are passive investments, as they do not entail active management or control of the issuing company.
48. What determines the economic progress of a country?
[A] Increase in per capita income of people of country
[B] Increase in the price of produced capital goods during the year
[C] Increased numbers of Trade Unions
[D] Fall in the the general price level of a country
Show Answer
Correct Answer: A [Increase in per capita income of people of country]
Notes:
Economic progress of a country is determined by the increase in per capita income of the people of that country.
49. The hypothesis that a rapid increase in per capita income will be linked to a reduction in poverty is called?
[A] trickle-down Hypothesis
[B] trickle-up hypothesis
[C] U shaped hypothesis
[D] poverty estimation hypothesis
Show Answer
Correct Answer: A [trickle-down Hypothesis]
Notes:
According to the trickle-down hypothesis the rapid growth of per capita income will be associated with a reduction in poverty. In India, this hypothesis has been interpreted to suggest that growth in agricultural output without radical institution reform will reduce the incidence of poverty in the context of agricultural development in India.
50. ऑक्टोबर 2024 मध्ये भारतातील पहिले CO2-टू-मेथेनॉल पायलट प्लांट कोठे कार्यान्वित करण्यात आले?
[A] वाराणसी
[B] पुणे
[C] इंदूर
[D] जैसलमेर
Show Answer
Correct Answer: B [पुणे]
Notes:
भारताचे पहिले CO2-टू-मेथेनॉल पायलट प्लांट महाराष्ट्रातील पुण्यात कार्यान्वित करण्यात आले. हे विज्ञान आणि तंत्रज्ञान विभागाच्या सहकार्याने सार्वजनिक-खाजगी भागीदारीत विकसित करण्यात आले आहे. हा प्लांट दररोज 1.4 टन मेथेनॉल उत्पादन करण्यास सक्षम आहे. औद्योगिक स्रोतांमधून CO2 उत्सर्जन पकडून ते मेथेनॉलमध्ये रूपांतरित करण्याची तंत्रज्ञान प्रणाली येथे वापरण्यात आली आहे. भारताच्या पंचामृत हवामान उद्दिष्टांशी सुसंगत असलेल्या स्वदेशी कार्बन कॅप्चर आणि युटिलायझेशन (CCU) तंत्रज्ञानाच्या दिशेने ही महत्त्वपूर्ण प्रगती आहे.
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