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61.

Commercial paper is a source of credit for which one of the following?


A. Corporate Industry
B. Small Scale Industry
C. Commercial Bank
D. Foreign Bank
Discuss!

Answer!

Answer is: A
NA
62.

Which one of the followmg is the most appropriate method to measure the economic growth of
the country ?
A. National Income
B. Net National Produce
C. Gross Capital Formation
D. Gross Domestic Product
Discuss!

Answer!

Discuss!

Answer!

Answer is: D

63.

India is regarded as a country of 'Demographic Dividend'. This is due to


A. its high population in the age group below 15 years
B. its high population in the age group of 15-64 years
C. its high population in the age group above 65 years
D. its high total population

Answer is: B
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64.

GKandGSQuizonEconomyquestionsforssc,bankingexamsZcos

Which of the following is used for the measurement of distribution of income?


A. Laffer Curve
B. Engel's Law
C. Gini-Lorenz Curve
D. Philip Curve
Discuss!

Answer!

Answer is: C

65.

Which one of the following sectors is the major contribution towards the Gross Domestic Saving in
india in recent time?
A. Public sector
B. Private sector
C. Corporate sector
D. Household sector
Discuss!

Answer!

Answer is: D

66.

Which one of the following years has been adopted as a base year for estimating national income
in India after 2010?
A. 1999-2000
B. 2002-2003
C. 2004-2005
D. 2008-2009
Discuss!

Answer!

Answer is: C

67.

When development in an economy take place, the share of tertiary sector in National Income
A. rst falls and then rises
B. rst rises and then falls
C. keeps on increasing
D. remains constant

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Discuss!

Answer!

Answer is: C

68.

In 1980s, Indian economy was in the process of the Hindu rate of growth. Which one of the
following is associated with the Hindu rate of growth?
A. Population growth rate
B. Growth rate of Naxalism
C. Growth rate of food grain production
D. Growth rate of gross domestic product
Discuss!

Answer!

Answer is: D

69.

Which one of the following is not the component of the services sector of lndian Economy?
A. Insurance and Finance
B. Community and Personal
C. Construction
D. Trade and Hotel
Discuss!

Answer!

Answer is: C

70.

Which one of the following companies launched the e-choupal to bring inclusive market in India?
A. RIL
B. Tata
C. ITC
D. Birla Groups
Discuss!

Answer!

Answer is: C

71.

Which one of the following institutions prepares the National Income Estimates in India?
A. Planning Commission

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B. Reserve Bank of India


C. Central Statistical Organisation
D. Indian Statistics Institute
Discuss!

Answer!

Answer is: C

72.

Which one of the following states has the highest percentage of poverty according to the Suresh
Tendulkar Commission in India?
A. Bihar
B. West Bengal
C. Odisha
D. Assom
Discuss!

Answer!

Answer is: C

73.

Which one of the following countries of Asia has the highest number of human resource in
Science and Technology?
A. Sri Lanka
B. China
C. India
D. Thailand
Discuss!

Answer!

Answer is: B

74.

In which of the following types of the economy are the factors of production owned individually?
A. Socialist
B. Capitalist
C. Mixed
D. Both 'a'and 'b'
Discuss!

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Answer!

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Answer is: B

75.

Who was the Chairman of the 13th Finance Commission of India?


A. Indira Rajaraman
B. C Rangarajan
C. Vijay Kelkar
D. None of the above
Discuss!

Answer!

Answer is: C

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States GK
MadhyaPradesh
AndhraPradesh
UttarPradesh
Rajasthan
Maharashtra
NewDelhi
Gujarat
morestates
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