JOIN ADRE 2.0 Telegram Group

Economics Questions and Answers for Competitive Exams | Indian Economy Quiz Set 16

Questions
1 Which among the following items are included in the NAMA ?
1 Fish and marine products
2 Manufactured products
3 Fuel products
4 All the above

Answer:All the above
2 Which among the following is the largest trading partner of India in 2015-16 ?
1 USA
2 UAE
3 Euro zone
4 China

Answer:China
Advertisement
Article and Schedule Quiz Start Test!

DOWNLOAD CURRENT AFFAIRS PDF FROM APP

3 Kisan Kalyan Cess is imposed on
1 Taxable services
2 Cold storages
3 Mandi Samitis
4 Corporations

Answer:Taxable services
4 Which one of the following is not correct about SEBI (Securities and Exchange Board of India ?
1 It has the power to protect the interest of the investors in securities.
2 It has the power to convert private securities to public securities.
3 It has the power to promote development of capital market.
4 It has the power to regulate the working of stock exchange.

Answer:It has the power to convert private securities to public securities.
5 Which among the following countries (as on May 2016) are currently using the Quantitative easing as a measure to improve the inflationary expectations in the economy ?
1 Current rate of interest
2 Britain
3 USA
4 Australia

Answer:Japan
6 The base year of the newly introduced Consumer Price Index (CPI) in India has been shifted to the year :
1 2009
2 2012
3 2011
4 2010

Answer:2012
7 Which of the following is not a legal tender in India ?
1 One rupee coin
2 Fifty paise coin
3 500 note
4 Government securities

Answer:Government securities
8 In order for someone to be a free rider, an activity must be undertaken that :
1 arranges for ride-sharing at rush hour.
2 creates benefits for people who cannot be forced to pay for them
3 beautifies a neighbourhood.
4 identifies the beneficiaries and forces them to pay.

Answer:creates benefits for people who cannot be forced to pay for them
9 Which factor has no role in the shifting of a tax ?
1 Change in prices
2 Nature of demand
3 Income of the consumer
4 Elasticity of demand and supply

Answer:Income of the consumer
10 An imposition of capital gains tax will
1 reduce both savings and investment
2 increase savings
3 reduce savings
4 increase consumption

Answer:reduce savings
11 Who among the following is not a regulator of financial sector in India ?
1 Securities and Exchange Board of India
2 Insurance Regulatory and Development Authority
3 Competition Commission of India
4 Forward Market Commission of India

Answer:Competition Commission of India
12 The Arithmetic mean and median in a moderately skewed distribution are 28.1 and 27.6. The value of mode in this distribution would be
1 26.8
2 26.6
3 29.0
4 27.5

Answer:26.6
13 Which of the following is not unit free ?
1 Coefficient of correlation
2 Coefficient of variation
3 Laspeyer’s Index Number
4 Standard deviation

Answer:Standard deviation
14 Which of the following is a probability based sampling method ?
1 Quota sampling
2 Purposive sampling
3 Systematic sampling
4 Convenience sampling

Answer:Systematic sampling
15 By which year, the Central Government has planned to double the income of the farmers ?
1 2019
2 2020
3 2022
4 2024

Answer:2022

View All Economics Practice Test Sets

ADRE 2.0 FULL LENGTH MOCK TEST

Take Mock Tests

Missiles Mock Test Start Test!
SSC MTS Mock Test Start Test
IBPS CLERK MOCK TEST Start Test
SSC MTS 2022 JULY 26 Shift 1 (ENGLISH) Start Test!
SSC GD Previous Year Paper 2021 Nov 17 Shift - I (Hindi) Start Test!
SSC CGL Tier - 1 PYP 2022 April 21 Shift- 1 (ENGLISH) Start Test!
MPSC PAPER I MOCK TEST 1 (ENGLISH) Start Test!
IB Security Assistant Mock test 1 (english) Start Test!
UP POLICE CONSTABLE MOCK TEST 1 Start Test!
DELHI POLICE CONSTABLE MOCK TEST 1 (HINDI) Start Test!
Advertisement
Assam Direct Recruitment Test Series