Economics SSC CHSL Questions

Economics MCQ Questions

13.
In which of the following years was ADB (Asian Development Bank) established?
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A.
1959
B.
1966
C.
1978
D.
1980
ANSWER :
B. 1966
14.
Which economic thought talks about methodological individualism, or the idea that people will act in meaningful ways which can be analysed?
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A.
Washington consensus
B.
Keynesian theory
C.
Monetarist
D.
Austrian economic thought
ANSWER :
D. Austrian economic thought
15.
Which of the following government schemes was launched with the objective of achieving inclusive growth, by developing the skills and productive capacity of the rural youth from poor families?
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A.
Pandit Deendayal Upadhyay Shramev Jayate Yojana (PDUSJY)
B.
Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDUGKY)
C.
Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY)
D.
Mission Indradhanush
ANSWER :
B. Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDUGKY)
16.
What was the estimation for the fiscal deficit in the financial year 2019-20?
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A.
3.6% of GDP
B.
3.3% of GDP
C.
3.1% of GDP
D.
3.2% of GDP
ANSWER :
B. 3.3% of GDP
17.
Lakshmi Vilas Bank has been merged with which of the following banks in November 2020?
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A.
Doha
B.
DBS
C.
SBM
D.
Deutsche
ANSWER :
B. DBS
18.
Which of the following is the correct full form of CACP?
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A.
Commission for Agricultural Costs and Prices
B.
Centre for Agricultural Commission and Prices
C.
Chamber of Agro Chemicals and Pesticides
D.
Center for Agricultural costs and Policies
ANSWER :
A. Commission for Agricultural Costs and Prices