Welcome to your Economics SSC 50 MCQ SET:-3
Date:- 23/12/2024
1.
Identify the correct statement/s regarding budgetary deficit?
2.
The value of GDP at the current prevailing prices is called_________.
3.
When did the Government of India bring the gender sensitivities of the budgetary allocation in its statement for the first time ?
4.
In India, the financial year runs from________ to_______.
6.
Which of the following is correct regarding the National Income?
7.
Which of the following is NOT included in ‘Operating Surplus’?
8.
The subject of the Study of Macroeconomics is based on which principle?
9.
In which year did the Central Statistical Office adopt the GVA concept in India?
10.
Non-Tax revenue is part of ___.
11.
Which of these is one of the functions of the Government budget ?
12.
Which of the following organisations of the Government of India has been reporting the GDP at factor cost and at market prices?
13.
When was the Direct Tax Code Bill introduced in the Parliament of India?
14.
Which of the following statements is/are FALSE?
15.
If the value of gross fiscal deficit will be more than net interest liabilities, the value of gross primary deficit will be _ .
16.
What is the basic difference in the aggregates at market price and factor cost ?
17.
Proportional taxes would help to reduce the autonomous expenditure multiplier because_____________ .
18.
Identify the correct match.
19.
_ is an item for which both, GST and central excise duty are applicable in India.
20.
Assume that the exchange rate between the US Dollar and Indian Rupee is $1 = 55. Now if this exchange rate increases to $1 = ₹60, then in this case the Indian Rupee has _ in comparison to the US dollar.
21.
Which of these expressions is correct?
22.
Which of the following functions of the government budget is associated with distribution of income?
23.
____________is the income of the Government, Which arises out of the property left by the people without a legal heir.
24.
Which of the following is the correct sequence of national income from broader to narrower concepts?
25.
Which of the following is an example of direct tax?
26.
Duties levied on goods produced within the country are _.
27.
Which type of tax acts as an automatic stabiliser in the economy?
28.
Exports of mangoes by India is a part of _____ method of measurement of its national income.
29.
Which of the following is NOT one of the methods of national income estimation?
30.
Which country first introduced zero-based budgeting?
31.
Gross primary deficit is the difference between __.
32.
Which of the following aggregates best describes the National Income?
33.
In the estimation of national income, which of the following items will be subtracted from NNP at market price?
34.
Which of the following is referred to as ‘paper taxes’?
35.
_ expenditure and _ receipts are shown by the government budget.
36.
Which of these is NOT the correctly stated component of the expenditure method of measuring national income?
37.
Which of the following is NOT an example of factor payment?
38.
In which union budget was India’s first sovereign wealth fund named National Investment and Infrastructure Fund (NIIF)’ announced?
39.
What is the nominal GDP if the real GDP is 500 and price index is 150 ?
40.
Revenue expenditure minus revenue receipts is _.
41.
While computing Net Economic Welfare (NEW), which of the following items is subtracted from GNP?
42.
Match List I with List II and choose your answer from the code below:
43.
The collection of all bundles that the consumer can buy with her income at the prevailing market prices is called the_.
44.
GDP calculated at some constant set of prices is called___________.
45.
Who among the following headed the National Income Committee?
47.
The stabilisation function of the government budget mainly includes __.
48.
Which Indian budget introduced a statement highlighting the gender sensitivities of the budgetary allocations?
49.
Which of the following items is NOT a part of the non-plan revenue expenditure of the government budget ?
50.
In national income accounting, GVA stands for
