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Economic MCQ Questions with answers

Here Important Economic MCQ questions are added which are frequently asked in almost all the examinations. You can check the correct answer of any question on clicking the show answer button or on option itself. The Correct answer will be displayed below. You can share any question with your friends on whatsapp by tapping whatsapp button.

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Learn Economic MCQs [Page 7 of Department 8]

61) The Foreign Exchange Management Act(FEMA) was passed in:

(A) the year 2000
(B) the year 2005
(C) the year 1999
(D) the year 2002
Correct Answer - Option (C)

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62) The concept of zero-based budgeting was given by:

(A) Peter A. Payer.
(B) Peter drucker
(C) Jagdish bhagwati
(D) None of these
Correct Answer - Option (A)

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63) Who is the author of the book Man and Economics?

(A) Myron Scholes
(B) Robert Mundel
(C) Rudi Dornbusch
(D) George Akerlof
Correct Answer - Option (B)

No Explanation found. Add Explanation and get +2 points.

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64) What is the objective of ‘Sangam Yojna 1996’?

(A) To make Sangam region of Allahabad more attractive for tourists
(B) To make Ganga water pollution free
(C) To increase the welfare of the disabled
(D) To unite, various groups of Hindus
Correct Answer - Option (C)

No Explanation found. Add Explanation and get +2 points.

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65) The Twenty Point programme (TPP) conceived with the objective of improving quality of life of people was first initiated in:

(A) 2006
(B) 1986
(C) 1982
(D) 1975
Correct Answer - Option (D)

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66) Asia’s first Export processing Zone (EPZ) was established in:

(A) Surat
(B) Cochin
(C) Kandla
(D) Chennai
Correct Answer - Option (C)

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67) Which of the following facilities aims to provide information to the farming community through a toll-free telephone number?

(A) Krishi Vigyan Kendras
(B) National Agricultural Technology Project
(C) Kisan Call Centres
(D) Both (a ) and (c )
Correct Answer - Option (D)

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68) Which among the following is considered to be the best measure of an increase in a country's economic efficiency?

(A) Increase in real per capita income.
(B) Increase in net annual investment.
(C) Increase in real national income.
(D) Increase in annual private investment.
Correct Answer - Option (A)

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69) HUDCO aims at providing

(A) Rural development
(B) Loan finance for housing and urban development
(C) Urban development
(D) Low cost sanitation
Correct Answer - Option (C)

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70) According to the Economic Survey, what are pre requisites to Universal Basic Income:

(A) Centre-state negotiations for program cost sharing
(B) JAM: Jan Dhan, Aadhar and Mobile
(C) Both of the above
(D) Neither of the above
Correct Answer - Option (C)

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