ECONOMICS QUIZ for SSC CHSL and RRB NTPC EXAM


Q1. According to the NCAER, export growth is lower and import growth is higher in 1994 to 1995 due to
(a) Higher output of industries
(b) High agricultural output
(c) Exchange rate variation
(d) None of the above

Q2. An acknowledgement under the seal of the company of a debt or a loan is a 
(a) Warrant
(b) Share
(c) Zero coupon bond
(d) Debenture

Q3. As in other countries, money in India consists of
(a) Metallic coins
(b) Paper Currency
(c) Current deposits
(d) All of the above

Q4. Indian agriculture is typically characterised as :
(a) land surplus, labour scare economy
(b) land surplus, labour surplus economy
(c) land scare, labour surplus economy
(d) land scare, labour scare economy

Q5. Currency notes in India are printed and supplied by the
(a) Security Press, Nasik
(b) Security Press, Mumbai
(c) Security Press, Noida
(d) Reserve Bank of India, New Delhi

Q6. The term Green Revolution has been used to indicate higher production through :
(a) creation of grasslands 
(b) planting more trees
(c) creation of gardens in urban areas
(d) enhanced agricultural productivity per hectare

Q7. Devaluation of currency leads to
(a) Fall in domestic prices
(b) Increase in domestic prices
(c) No impact on domestic prices
(d) Erratic fluctuations in domestic prices

Q8. How many times has the Indian currency been demonetized so far?
(a) Once
(b) Twice
(c) Thrice
(d) Never

Q9. Rekhi Committee deals with
(a) Direct Taxes 
(b) Indirect Taxes 
(c) Banking Sector 
(d) Bank Scam

Q10. If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits
(a) Will decrease
(b) Will increase
(c) Will neither decrease nor increase
(d) None of the above

Q11. If the cash reserve ratio is lowered by the RBI, its impact on credit creation will be to
(a) Increase it
(b) Decrease it
(c) No impact
(d) None of the above

Q12. The Green Revolution in India was the outcome of the efforts of who amongst the following? 
(a) M.S. Swaminathan 
(b) C. Rangrajan
(c) K.V. Kamath  
(d) Rakesh Mohan

Q13. In India’s exports, the largest share today is from
(a) The EEC countries
(b) The OPEC group
(c) The east European countries
(d) The ESCAP region

Q14. Net exports are negative when 
(a) Exports are more than imports
(b) Imports are more than exports
(c) Net investment is positive
(d) None of the above

Q15. India’s objective under the plans has been to achieve
(a) Growth with or without stability
(b) Stability, whether there is growth or not
(c) Growth with stability
(d) None of above


 

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