Table of Contents
GENERAL KNOWLEDGE MCQ QUESTIONS
1.Which one of the following was launched with the objective of helping the poor in rural areas to become self-employed?
a) DPAP (Drought Prone Areas Program)
b) IRDP (Integrated Rural Development Program)
c) TRYSEM (Training of Rural Youth for self employment)
d) DDP(Delivered Duty Paid)
2.In Indian economy, the principal means of transportation is
a) airways
b) waterways
c) railways
d) roadways
3.Which industry employs the largest number of women in India?
a) coal
b) textile
c) jute
d) tea
4.Which of the following is not a cash crop?
a) jowar
b) groundnut
c) Jute
d) sugarcane
5.An economy is at the ‘take off’ stage on its path to development when it
a) becomes stagnant
b) begins steady growth
c) is liberalized
d) gets maximum foreign aid
6.Which among the following treaties provided for a common currency for the member countries of European Community?
a) Brussels Treaty
b) Maastricht Treaty
c) Geneva Convention
d) Treaty of Versailles
7.Stagflation implies a case of:
a) recession plus inflation
b) galloping inflation
c) adverse balance of trade
d) rising wages and employment
8.Deficit financing aims to put more money into the economy by creating additional paper currency to fill the gap between expenditure and revenue. The device aims at economic development but if it fails, it generates :
a) demonetisation
b) devaluation
c) deflation
d) inflation
9.The period of high inflation, low economic growth and high unemployment is termed as:
a) stagnation
b) stagflation
c) take-off stage in economy
d) none of these
10.A steady increase in the general level of prices as a result the aggregate demand is increasing in unsustainable rate as compared to aggregate supply is termed as :
a) demand-pull inflation
b) cost-push inflation
c) stagflation
d) structural inflation
ANSWERS:
| 1.c 2. c 3. d 4. a 5. b | 6. b 7. a 8. d 9. b 10. a |
DOWNLOAD MOBILE APPLICATION TO LEARN MORE: GENERAL KNOWLEDGE MCQ QUESTIONS