Try the following MCQs:
Q1. Most world economies today are 'open' economies with substantial amounts
of imports and exports. Which of the following is the most common measure
of the 'openness' of an economy ?
(A) Total Foreign Trade as a proportion of GDP
(B) Total Imports as a proportion of GDP
(C) Total Exports as a proportion of GDP
(D) Total FDI as a proportion of GDP
Q2. Which of the following affect the exchange rate of currency among the
countries ?
1. Difference between interest rates among the countries
2. Demand and supply of imports and exports
3. Foreign exchange speculation
Choose the correct alternative using the codes given below:
(A) 1 and 2 only
(B) 2 and 3 only
(C) 1 and 3 only
(D) 1, 2 and 3
Q3. Which of the following is/are not a part of the revenue receipts of the
government ?
1. Corporation Taxes
2. Excise Taxes
3. Disinvestment Proceeds
4. Dividends on government investments
Choose the correct alternative using the codes given below:
(A) 1 and 2 only
(B) 3 and 4 only
(C) 3 only
(D) 1, 2 and 4 only
Q4. Of the four alternative measures of money supply, which is the most
commonly used measure of money supply?
(A) M1
(B) M2
(C) M3
(D) M4
Q5. National Disposable Income is defined as sum of
(A) Net National Product at market prices and other
current transfers from the rest of the world
(B) Net National Product at factor cost and other
current transfers from the rest of the world
(C) Gross National Product at market prices and other
current transfers from the rest of the world
(D) Gross National Product at factor cost and other
current transfers from the rest of the world
Q6. Which of the following is/are the tree species that one would
naturally find in North-Eastern India ?
1. Aini
2. Ebony
3. Sandalwood
4. Sal
Choose the correct alternative using the codes given below:
(A) 1 and 2 only
(B) 3 and 4 only
(C) 1, 2 and 3 only
(D) 1, 2, 3 and 4
Q7. Which of the following is/are the important tributaries of Ganga ?
1. Mahananda
2. Varuna
3. Gandak
4. Ramgana
Choose the correct alternative using the codes given below:
(A) 1 and 2 only
(B) 3 and 4 only
(C) 1, 3 and 4 only
(D) 1, 2, 3 and 4
Q8. In which state is one most likely to find 'karewas' ?
(A) Rajasthan
(B) Gujarat
(C) Jammu and Kashmir
(D) Tamil Nadu
Q9. Consider the following statements :
1. Western Himalayas have more higher and steeper
peaks compared to Eastern Himalayas.
2. Western Himalayas are comparatively younger
then Eastern Himalayas.
Which of the above statements is/are correct ?
(A) 1 only
(B) 2 only
(C) Both 1 and 2
(D) Neither 1 nor 2
Q10. Which of the following is/are incorrectly matched ?
1. Shipki La : Himachal Pradesh
2. Bara Lacha La : Uttarakhand
3. Zoji La : Jammu and Kashmir
Choose the correct alternative using the codes given below:
(A) 1 only
(B) 1 and 3 only
(C) 2 only
(D) 1 and 2 only
* * * * * * *
Q1. Most world economies today are 'open' economies with substantial amounts
of imports and exports. Which of the following is the most common measure
of the 'openness' of an economy ?
(A) Total Foreign Trade as a proportion of GDP
(B) Total Imports as a proportion of GDP
(C) Total Exports as a proportion of GDP
(D) Total FDI as a proportion of GDP
Q2. Which of the following affect the exchange rate of currency among the
countries ?
1. Difference between interest rates among the countries
2. Demand and supply of imports and exports
3. Foreign exchange speculation
Choose the correct alternative using the codes given below:
(A) 1 and 2 only
(B) 2 and 3 only
(C) 1 and 3 only
(D) 1, 2 and 3
Q3. Which of the following is/are not a part of the revenue receipts of the
government ?
1. Corporation Taxes
2. Excise Taxes
3. Disinvestment Proceeds
4. Dividends on government investments
Choose the correct alternative using the codes given below:
(A) 1 and 2 only
(B) 3 and 4 only
(C) 3 only
(D) 1, 2 and 4 only
Q4. Of the four alternative measures of money supply, which is the most
commonly used measure of money supply?
(A) M1
(B) M2
(C) M3
(D) M4
Q5. National Disposable Income is defined as sum of
(A) Net National Product at market prices and other
current transfers from the rest of the world
(B) Net National Product at factor cost and other
current transfers from the rest of the world
(C) Gross National Product at market prices and other
current transfers from the rest of the world
(D) Gross National Product at factor cost and other
current transfers from the rest of the world
Q6. Which of the following is/are the tree species that one would
naturally find in North-Eastern India ?
1. Aini
2. Ebony
3. Sandalwood
4. Sal
Choose the correct alternative using the codes given below:
(A) 1 and 2 only
(B) 3 and 4 only
(C) 1, 2 and 3 only
(D) 1, 2, 3 and 4
Q7. Which of the following is/are the important tributaries of Ganga ?
1. Mahananda
2. Varuna
3. Gandak
4. Ramgana
Choose the correct alternative using the codes given below:
(A) 1 and 2 only
(B) 3 and 4 only
(C) 1, 3 and 4 only
(D) 1, 2, 3 and 4
Q8. In which state is one most likely to find 'karewas' ?
(A) Rajasthan
(B) Gujarat
(C) Jammu and Kashmir
(D) Tamil Nadu
Q9. Consider the following statements :
1. Western Himalayas have more higher and steeper
peaks compared to Eastern Himalayas.
2. Western Himalayas are comparatively younger
then Eastern Himalayas.
Which of the above statements is/are correct ?
(A) 1 only
(B) 2 only
(C) Both 1 and 2
(D) Neither 1 nor 2
Q10. Which of the following is/are incorrectly matched ?
1. Shipki La : Himachal Pradesh
2. Bara Lacha La : Uttarakhand
3. Zoji La : Jammu and Kashmir
Choose the correct alternative using the codes given below:
(A) 1 only
(B) 1 and 3 only
(C) 2 only
(D) 1 and 2 only
* * * * * * *