Indian Economy MCQs

51. In which of the following countries  prevalent the Pay as you earn (PAYE) , a withholding tax system?
[A] USA
[B] UK
[C] Australia
[D] Germany

Show Answer

52. Bring out the incorrect statement:
[A] In developed economies Capital / labor ratio is low
[B] In most developing countries income distribution is highly skewed
[C] Industry can not function efficiently or expand unless there is a large scale market
[D] All are correct

Show Answer

53. Which among the following holds true for Economic Development?
[A] Economic Development is the value of country’s total output of goods and services during a year estimated at constant prices
[B] Economic Development increases in real per capita GNP over a period of time
[C] Economic Development expresses the relations between two variables
[D] Economic Development shows balanced Growth

Show Answer

54. How many number of Precision Farming Development Centres (PFDCs) are present in Inidia?
[A] 20
[B] 22
[C] 25
[D] 30

Show Answer

55. Which of the following income is common international poverty line ?
[A] US$ 1 per day
[B] US$ 1.25 per day
[C] US$ 1.50 per day
[D] US$ 1.90 per day

Show Answer

56. In context with various development programmes in India, who among the following are the targets of SABLA scheme?
[A] Female Children below 6 years
[B] Adolescent Girls
[C] Woman below poverty Line
[D] Urban women

Show Answer

57. Bombay Plan was presented in which year?
[A] 1934
[B] 1940
[C] 1942
[D] 1944

Show Answer

58. Which of the following statements/ situation indicates a better welfare due to rising per capita income?
[A] The per capita income increases with no change in overall income distribution
[B] The per capita income increases with change in the income distribution in favor of the Rich
[C] The per capita income increases with change in the income distribution in favor of the Poor
[D] The per capita income increases with change in the income distribution in favor of the Industrial Labor

Show Answer

59. Euribor is a term associated with which of the following?
[A] An International Financial Company
[B] An association of European Financial Service providers
[C] A reference rate for Euro Money Market
[D] A credit rating agency of Europe

Show Answer

60. If we consider that BSE Index has increased from 17000 to 17170 today, it would mean that __________?
[A] Total Value of the Share market securities has gone up by 1%
[B] Total value of the share market securities has gone up by 170 Crore Rupees
[C] Total value of the securities which constitute the index has increased 1%
[D] Total value of the securities which constitute the index has increased by 170 Crore Rupees

Show Answer

Advertisement

Kindly help us to keep GKToday updated and error free. Use this form to report error or outdated information in questions. We shall rectify asap...