GK-Economics MCQ Questions and Answers

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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

11. India’s first port-based Special Economic Zone named Inter national Container Transshipment Terminal (ICTI) is being set-up at?

  • Kandla
  • Kochi
  • Goa
  • Tuticorin
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12. Which of the following is pure unitless number?

  • Mathematical average
  • Statistical average
  • Absolute measure of dispersion
  • Relative measure of dispersion
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13. The user cost of capital is?

  • The real rate of interest plus the rate of depreciation
  • The nominal rate of interest plus the rate of depreciation
  • The real rate of interest only
  • The nominal rate of interest only
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14. The number of items reserved for the exclusive manufacture by micro and small enterprises is currently?

  • Less than 25
  • Less than 50
  • Less than 75
  • Less than 100
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15. A new housing price index RESIDEX has been launched by?

  • Planning Commission
  • Housing Development Finance Corporation
  • National Housing Bank
  • Central Statistical Organization
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16. Which one of the following is not a feature of current Indian Planning?

  • Structural Planning
  • Indicative Planning
  • Functional Planning
  • Decentralised Planning
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17. The concept of disinvestment was introduced by?

  • Friedman
  • Kaldor
  • Keynes
  • Myrdal
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18. Which of the following is average of second order?

  • Arithmetic mean
  • Geometric mean
  • Second quartile
  • Standard deviation
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19. Which average is most affected by the extreme observations?

  • Arithmetic mean
  • Geometric mean
  • Median
  • Mode
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20. If the covariance of two variables is equal to the product of the standard deviations of the variables, then the correlation coefficient will be?

  • -1
  • +1
  • 0
  • Between 0 and -1
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