Economics Questions for SSC CGL 2017

economics-questions-ssc-cgl
Dear Students, SSC CGL Pre 2017 Exam is scheduled tentatively in the month of AUGUST 2017. At SSC ADDA, we are providing 15 important Economics Questions based on previous year. SSC repeats many previous years questions. Every day, we provide quizzes on all the topics of General Studies. 



Q1. Economic development depends on:

(a) Natural resources
(b) Capital formation
(c) Size of the market
(d) All of the above
Q2. Human Development Index was developed by:
(a) Amartyasen
(b) Friedman
(c) Mahbub-ul-Haq
(d) Montek Singh

Q3. ‘Take-off stage’ in an economy means
(a) Steady growth begins
(b) Economy is stagnant
(c) Economy is about to collapse
(d) All controls are removed

Q4. How the interest-level of a country is affected by FDI?
(a) increases
(b) decreases
(c) remains unaffected
(d) there is increase or decrease

Q5. The incidence of sales tax falls on
(a) Consumers
(b) Wholesale dealers
(c) Retail dealers
(d) Producers

Q6. Who among the following has suggested tax on expenditure?
(a) Dalton
(b) Kaldor
(c) Musgrave
(d) GautamMathur

Q7. Deficit financing is an instrument of
(a) monetary policy
(b) credit policy
(c) fiscal policy
(d) tax policy

Q8. ‘Golden Handshake Scheme’ is associated with
(a) inviting foreign companies
(b) private investment in public enterprises
(c) establishing joint enterprises
(d) voluntary retirement

Q9. The ‘Interest Rate Policy’ is a component of
(a) Fiscal Policy
(b) Monetary Policy
(c) Trade Policy
(d) Direct Control

Q10. Imperial Bank was constituted in the year?
(a) 1930
(b) 1935
(c) 1955
(d) 1921

Q11. New capital issue is placed in
(a) Secondary market
(b) Grey market
(c) Primary market
(d) Black market

Q12. Disinvestment in Public Sector is called
(a) Liberalisation
(b) Globalisation
(c) Industrialisation
(d) Privatisation

Q13. Banks in India were nationalized for the first time in the year?
(a) 1950
(b) 1960
(c) 1969
(d) 1979

Q14. FERA in India has been replaced by
(a) FEPA
(b) FEMA
(c) FENA
(d) FETA

Q15. Paraellel economy emerges due to
(a) Tax Avoidance
(b) Tax Evasion
(c) Tax Compliance
(d) Tax Estimation

CRACK SSC CGL 2017



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