43000+ Important MCQs for SSC CGL

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Learn SSC CGL MCQs with answers [Page -101 of Department 75]

V

Virat Bhati • 7.23K Points
Tutor III Economic

-1019) Which statement is correct regarding Export houses?
I. To increases the marketable efficiency of exporters, the Government introduced the concept of export houses, trading houses and star trading houses
II. Those registered exporters who have shown good export performances over past few years have been given the status of export houses, and trading houses
III. Units having such classification are required to achieve the prescribed average export performance level and earning of foreign exchange.

  • (A) II & III
  • (B) Only III
  • (C) I & II
  • (D) All the above
Correct Answer - Option (D)

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

V

Virat Bhati • 7.23K Points
Tutor III Economic

-1018) Persons below the poverty line in India are classified as such based on whether

  • (A) they get work for a prescribed minimum number of days in a year
  • (B) they belong to agricultural labourer household and the scheduled caste/tribe social group
  • (C) their daily wages fall below the prescribed minimum wages
  • (D) they are entitled to a minimum prescribed food basket
Correct Answer - Option (D)

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

V

Virat Bhati • 7.23K Points
Tutor III Economic

-1017) Subsidies mean

  • (A) payment made by companies to shareholders
  • (B) payment by government for purchase of goods and services
  • (C) payment made by the government to business enterprises, without buying any goods and services
  • (D) payment made by business enterprises to factors of production
Correct Answer - Option (C)

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

V

Virat Bhati • 7.23K Points
Tutor III Economic

-1016) Various employment programmes have been launched in India, namely, IRDP, NREP, RLEQP, FWP. They are meant to improve

  • (A) Social stratifi cation
  • (B) Principle of progressive taxation
  • (C) System of private property
  • (D) Absence of social security
Correct Answer - Option (A)

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

V

Virat Bhati • 7.23K Points
Tutor III Economic

-1015) Mixed economy means

  • (A) Promotion of agriculture as well as industries
  • (B) Coexistence of private and public sectors
  • (C) Coexistence of small and large scale industries
  • (D) Coexistence of rich and poor
Correct Answer - Option (B)

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

V

Virat Bhati • 7.23K Points
Tutor III Economic

-1012) When the Reserve Bank of India reduces the Statutory Liquidity Ratio by 50 basis points, which of the following is likely to happen?

  • (A) Scheduled Commercial Banks may cut their lending rates
  • (B) It may drastically reduce the liquidity to the banking system
  • (C) India's GDP growth rate increases drastically
  • (D) Foreign Institutional Investors may bring more capital into our country
Correct Answer - Option (A)

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

V

Virat Bhati • 7.23K Points
Tutor III Economic

-1011) The Global Infrastructure Facility is a/an

  • (A) Collaboration among the major banks of the world working with the OECD and focused on expanding theset of infrastructure projects that have the potential to mobilize private investment.
  • (B) UNCTAD funded initiative that seeks to finance and facilitate infrastructure development in the world
  • (C) ASEAN initiative to upgrade infrastructure in Asia and financed by credit from the Asian Development Bank.
  • (D) World Bank collaboration that facilitates the preparation and structuring of complex infrastructure PublicPrivate Partnerships (PPPs) to enable mobilization of private sector and institutional investor capital.
Correct Answer - Option (D)

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

V

Virat Bhati • 7.23K Points
Tutor III Economic

-1010) Which of the following could assist economic growth in developing countries?

  • (A) An increase in the level of education
  • (B) Decrease in the terms of trade
  • (C) An increase in the rate of taxation
  • (D) Decrease in foreign investment
Correct Answer - Option (A)

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

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