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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 8 of Department 8]

71) Antyodaya scheme is meant

(A) To help the economically weakest sections of the society
(B) To help the Muslims
(C) To help the minorities
(D) To help the Harijans
Correct Answer - Option (A)

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73) Which of the following grants/ grant direct credit assistance to rural households?
1.Regional Rural Banks
2.Bank for Agriculture and Rural Development
3.Land Development Banks
Select the correct answer using the codes given below:

(A) 1 and 2 only
(B) 1 and 3 only
(C) 2 only
(D) 1, 2 and 3
Correct Answer - Option (B)

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

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74) Consider the following statements:
1.Infant mortality rate takes into account the death of infants within a month after birth.
2.Infant mortality rate is the number of infant deaths in a particular year per 100 live births during that year. Which of the above statements is/ are correct?

(A) 1 only
(B) 2 only
(C) Both 1 and 2
(D) Neither 1 nor 2
Correct Answer - Option (D)

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

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75) Supply of money remaining the same when there is an increase in demand for money, there will be

(A) a decrease in the rate of interest
(B) an increase in the rate of interest
(C) an increase in the level of income and employment
(D) a fall in the level of prices
Correct Answer - Option (B)

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

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76) The first regular population census was taken in

(A) Uttar Pradesh
(B) Kerala
(C) Andhra Pradesh
(D) Goa
Correct Answer - Option (B)

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

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78) The Sixth and the Eighth Five-Year Plans covered the period 1980-85 and 1992-97 respectively. The Seventh FiveYear Plan covered the period

(A) 1986-91
(B) 1985-90
(C) 1988-94
(D) 1987-92
Correct Answer - Option (B)

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

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79) What are 'Futures'?

(A) Securities or commodities sold or bought with the assumption of delivery at a later stage
(B) Particular types and quantities of securities and com-modities bought for selling at higher prices
(C) Shares and debentures bought at a cheaper rate and sold later at high rates
(D) None of these
Correct Answer - Option (A)

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

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80) Which of the following statements is/are correct in terms of Direct and Indirect taxes?
1.Capital Account Consumption
2.Capital Across Convertibility
3.Capital Account Continuity
4.Capital Account Convertibility

(A) 1, 2 and 3
(B) 1 and 2
(C) 1 only
(D) 2 only
Correct Answer - Option (B)

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

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