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Online Economics Quiz Set No - 22

Economics questions have been taken from previous years question papers of different competitive examinations such SSC CGL, SSC CHSL, CDS, NDA, Bank, State PSC, Railways, MAT, CAT, etc.

211) The philosophy of 'Laissez-faire' is associated with ?
A) Gandhian State
B) Industrial State
C) Socialist State
D) Welfare State

212) The Planning Commission of India as per Indian Constitution is?
A) An autonomous body
B) An executive body
C) An advisory body
D) A Government department

213) The Planning Commission of India: (1) was set up in 1950, (2) is a constitutional body, (3) is an advisory body, (4) is a government department.
A) 1 and 2
B) 2 and 3
C) 1 and 3
D) 3 only

214) The Reserve Bank of India issues:
A) all the currency notes
B) all the currency notes except the one rupee note
C) all the currency notes except the hundred rupee note
D) only notes of Rs. 10 and above

215) The responsibility of preparation of electoral rolls in India rests with the
A) Local Administration
B) Election Commission
C) Returning Officer
D) Parliament

216) The Second Five Year Plan laid more stress upon:
A) agriculture
B) industrialisation
C) removing poverty
D) self-reliance

217) The situation with increasing unemployment and inflation is termed as:
A) hyperinflation
B) galloping inflation
C) stagflation
D) reflation

218) The Slack Season in the Indian Economy is?
A) Feb - Apr
B) Mar - Apr
C) Jan - June
D) Sep - Dec

219) The slogan 'Garibo Hatao' was included in the
A) Second plan
B) First plan
C) Fifth plan
D) Fourth plan

220) The States' debt does not include:
A) loans from State Bank of India
B) loans from the Central Government
C) Provident Funds
D) treasury bills issued to international financial institutions