Economics SSC CGL Questions

SSC CGL-General Awareness

Economics MCQ Questions


1.
As announced by the Ministry of Finance in January 2021, external debt as a ratio to GDP stood at _________ at the end of September 2020.
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A.
21.6%
B.
18.2%
C.
16.9%
D.
12.4%
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ANSWER :
A. 21.6%
2.
The Cabinet Committee on Economic Affairs (CCEA) approved an increase in the Minimum Support Prices (MSPs) for all mandated Rabi crops for the marketing season 2021–22 in line with the recommendations of the _________ Commission.
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A.
Kothari
B.
Nanavati
C.
Swaminathan
D.
Mukherjee
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ANSWER :
C. Swaminathan
3.
The Minimum Support Price (MSP) for which of the following Rabi crops was increased by ₹50 per quintal over the previous year, in the marketing season 2021-22?
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A.
Barley
B.
Gram
C.
Safflower
D.
Wheat
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ANSWER :
D. Wheat
4.
With a donation of ₹7,904 crore, _________ was declared the most generous philanthropist in India by the ‘EdelGive Hurun India Philanthropy List 2020’.
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A.
Azim Premji
B.
Kumar Mangalam Birla
C.
Mukesh Ambani
D.
Shiv Nadar
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ANSWER :
A. Azim Premji
5.
As per Union Budget 2021-22, Fiscal deficit is estimated at _________ per cent of GDP in 2021-22.
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A.
5.1
B.
6.8
C.
7.6
D.
7.2
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ANSWER :
B. 6.8
6.
As per Economic Survey 2020-2021, India’s real GDP is estimated to grow by _________ in financial year 2021-22.
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A.
3%
B.
11%
C.
7%
D.
9%
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ANSWER :
B. 11%