GK-Economics MCQ Questions and Answers
General Knowledge GK Economics MCQ Questions with Answers cover key economic terms and concepts. Common in SSC, UPSC, and Banking exams, these questions improve understanding of financial systems and Indian economic policies
GK-Economics MCQ
Showing 10 of
33 questions
1. The concept of ‘costing margin’ in the pricing theory was introduced by?
- Andrews
- Baumol
- Cournot
- Williamson
2. Four heads of expenditure of the Union Budget 2009 -10 are given below— 1. Plan expenditure 2. Non-plan expenditure 3. Revenue expenditure 4. Capital expenditure Arrange the expenditure heads in descending order using the codes given below
- 2,3,4,1
- 3,4,2, 1
- 3,2,1,4
- 2,1,4,3
3. In the year 2007-08 the per capita NNP at current prices was?
- More than Rs. 20,000
- More than Rs. 30,000
- More than Rs. 40,000
- More than Rs. 50,000
5. India’s foreign exchange rate system is?
- Free float
- Managed float
- Fixed
- Fixed target of band
6. The terms ‘NEER’ and ‘REER’ are related with?
- Foreign exchange rate
- External economic resources:
- National and regional economic equality
- Environmental regulation
7. For the calculation of percentile, the data should be arranged in?
- Ascending order
- Descending order
- Random order
- Either random or descending order
8. As per BASEL-II norms, a bank’s capital to risk weighted assets ratio (CRAR) should be at least?
- 8%
- 10%
- 12%
- 14%
10. According to the Planning Cornmission, for infrastructure development during Eleventh Five Year Plan, the required investment is?
- Approximately $ 250 billion
- Approximately $ 500 billion
- Approximately $ 750 billion
- Approximately $ 1000 billion