This page contains General Studies subject wise Multiple Choice Questions (MCQs) on Indian Economy including Macro and Micro Economy
Budget, Financial Survey and Economy sectors like Banking, External Sector, Inflation etc. It really helps to take a look at these questions and even
better if one try to solve them in timely manner.
These General Studies subject wise MCQs are completely based on syllabus and patter of different exams including
UPSC CSE, State PSCs, SSC, CDS, CLAT and other competitive Exams.
With respect to "Distribution Network" which of the following best describes characteristics of a "State Economy DN" ?
With respect to Indian Economy, which of the following is/are true ?
1) Capitalist Economy 2) State Economy 3) State-Market mixed economy 4) Few goods and services are made available by the government on subsidised price while few goods & services are made available in market for which the consumer has to pay.
Which of the following best describes "Capitalist Economy" ?
1) Acknowledges the need of cometition in the market. 2) Against the heavy handed government instructions in commerce & industry. 3) State-Market mixed economy. 4) Few goods and services are made available by the government on subsidised price while few goods & services are made available in market for which the consumer has to pay.
1) While calculating it removes expenditure on Goods & Services imported and not produced in nation. 2) While calculating it adds expenditure an Goods & Services exported but not sold within the country. 3) It reflects both quantitative and qualitative aspects of the Goods & Services produced. 4) It is used by World bank and IMF in the comparative analysis of its member nation.
Which of the following is/are true about National Domestic Product (NDP) ?
1) NDP is GDP calculated after adjusting the weight of the value of depreciation. 2) It is used for domestic purpose only and does not consider by WB/IMF for comparison of nation economics. 3) In India depreciation is calculated by finance ministry. 4) It is used by WB/IMF for Human Development Index (HDI).
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