Economics SSC GD Questions

Economics MCQ Questions

7.
The Economic Survey of India 2019-20 introduced the idea of _________ as a public good, that could be enhanced with greater use.
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A.
generosity
B.
loyalty
C.
liberty
D.
trust
ANSWER :
D. trust
8.
What is the main criterion used by the World Bank in classifying different countries?
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A.
Gross National Income
B.
Gross National Product
C.
Per Capita Income
D.
Gross Domestic Product
ANSWER :
C. Per Capita Income
9.
Receivables Exchange of India Ltd (RXIL) was incorporated in 2016 as a joint venture between Small Industries Development Bank of India (SIDBI) and the ______.
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A.
United Stock Exchange of India
B.
National Stock Exchange of India Limited
C.
Calcutta Stock Exchange
D.
Bombay Stock Exchange
ANSWER :
B. National Stock Exchange of India Limited
10.
As per Finance (No. 2) Act, 2019, an amount of up to ₹1,50,000 can be claimed as deduction for the interest paid on the loan taken for purchase of electric vehicles under Section ______ of the Income Tax Act.
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A.
80EEB
B.
80DDB
C.
80GG
D.
80DD
ANSWER :
A. 80EEB
11.
In which of the following years did the Reserve Bank of India adopt the rupee symbol?
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A.
2010
B.
2008
C.
2011
D.
2012
ANSWER :
A. 2010
12.
Gross national income per capita in US dollars of upper-middle-income countries as per World Bank classification falls between _______, as of July 2019.
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A.
$3,996 - $12,375
B.
$1,026 - $3,995
C.
$12,376 - $15,275
D.
$1,025 - $3,224
ANSWER :
A. $3,996 - $12,375