Economics Questions for SSC CGL 2017

Q1. Ad Valorem Tax is levied on the basis of which among the following? 
(a) Volume 
(b) Value 
(c) Production 
(d) Export

Q2. Birth rate is number of births per ………….of the population during one year. 
(a) 100 
(b) 1000 
(c) 10000 
(d) 100000

Q3. Who is the first Governor of RBI? 
(a) C.D.Deshmukh
(b) James Braid Taylor 
(c) Osborne Smith
(d) Raghuram Rajan

Q4. Scheduled Banks of India are those banks, which are? 
(a) Included in First Schedule of RBI Act, 1934 
(b) Not included in First Schedule of RBI Act, 1934 
(c) Included in Second Schedule of RBI Act, 1934 
(d) Not included in Second Schedule of RBI Act, 1934 

Q5. The definition of the priority sector was first formalised in 1972 by?
(a) Planning Commission 
(b) National Development Council 
(c) Reserve Bank of India 
(d) Ministry of Finance, Government of India 

Q6 Those goods which have positive relationship between price and quantity demanded are called as ….?
(a) Veblen good 
(b) Essential Goods 
(c) Giffen Good 
(d) Capital Good

Q7. Capitalism is based upon “Laissez-faire system”. What is “Laissez-faire system”? 
(a) No governmental intervention 
(b) Maximum governmental intervention 
(c) Role of Market Forces is Minimum 
(d) Limited government Intervention

Q8. The standard of living in a country is represented by its : 
(a) Poverty Ratio
(b) Per Capita Income
(c) National Income
(d) Unemployment Rate

Q9. Many times we see in newspapers that some projects are launched by the government authorities on ‘PPP’ basis. What is the full form of ‘PPP’ ? 
(a) Preferential Payment Plan
(b) Public Private Partnership
(c) Partial Payment Project
(d) Popular Private Project

Q10. Which of the following ministries has launched Integrated Wastelands Development Programme (IWDP) ? 
(a) Ministry of Rural Development
(b) Ministry of Agriculture
(c) Ministry of Chemical and Fertilizers
(d) Ministry of Health and Family Welfare

Q11. Structural unemployment arises due to : 
(a) Deflationary conditions
(b) mismatch between jobs available and skill
(c) Shortage of raw materials
(d)  Inadequate productive capacity

Q12. When was the Jawahar Rojgar Yojana launched ? 
(a) 1985
(b) 1987
(c) 1989
(d) 1991

Q13. Which of the following schemes launched by the Government of India provides a guaranteed 100 days employment to rural employment-seekers in India ? 
(a) Bharat Nirman
(b) Swarnajayanti Grameen Rojgar Yojana
(c) National Rural Employment Guarantee Act
(d) National Food for Work Programme

Q14.Nature of unemployment in agriculture in India is : 
(a) seasonal
(b) disguised
(c) both ‘a’ and ‘b’
(d) None of these
Q15. The implementation of Jawahar Rojgar Yojana rests with : 
(a) Gram Panchayat
(b) District Collector
(c) State Government
(d) Union Government


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