Dear Students, SSC CGL Pre 2017 Exam is scheduled tentatively in the month of AUGUST 2017. At Crackbankexam, we are providing Economics Quiz of 15 important last year question. GS questions are also asked in SSC CPO and MTS Exam. SSC repeats many previous years questions. Every day, we provide quizzes on all the topics of General Studies.
Q1. Indian planning
(a) Is totalitarian in nature
(b) Is democratic in nature
(c) Is totally centralised
(d) Is none of above
Q2. MOD VAT is related to
(a) Sales tax
(b) Wealth tax
(c) Income tax
(d) Excise duty
Q3. NNP is equal to
(a) GNP + depreciation
(b) GNP – depreciation
(c) GNP + exports
(d) GNP – exports
Q4. Non-tax revenues can be increased by improving the working of the
(a) State Road Transport Corporations
(b) Electricity boards
(c) Commercial irrigation projects
(d) All of the above
Q5. The basic objective of planning in India is
(a) Increasing employment opportunities
(b) Expansion of key industries
(c) Increase in agricultural output
(d) All of the above
Q6. Major exports of India are
(a) Tea
(b) Cotton
(c) Jute yarn
(d) All of the above
Q7. The First Five-Year Plan covered the period
(a) 1947 – 52
(b) 1950 – 55
(c) 1951 – 56
(d) 1952 – 57
Q8. The First Five-Year Plan of India started on
(a) January 1950
(b) April 1951
(c) 26 January 1952
(d) 2 October 1952
Q9. Removal of poverty was the foremost objective of which of the following Five-Year Plan?
(a) Second
(b) Third
(c) Fourth
(d) Sixth
Q10.Howmany banks were nationalized in 1969?
(a) 16
(b) 14
(c) 15
(d) 20
Q11. Sudden decrease of birth rate would cause
(a) Increase of saving
(b) Increase of per capita income
(c) Increase of introduction
(d) Increase in investment
Q12. Five-Year Plans are finally approved by the
(a) President
(b) Prime Minister
(c) National Development Council
(d) Planning Commission
Q13. Highest per capita income is inversely correlated with the proportion of active population engaged in
(a) Agriculture
(b) Service
(c) Industry
(d) All of the above
Q14. Excise duty is a tax levied on the
(a) Import of goods
(b) Export of goods
(c) Production of goods
(d) Sale of goods
Q15. Deficit financing means that the Government borrows money from the
(a) RBI
(b) Local bodies
(c) Big businessman
(d) IMF
Solutions
S1. Ans.(c)
S2. Ans.(d)
S3. Ans.(b)
S4. Ans.(c)
S5. Ans.(d)
S6. Ans.(a)
S7. Ans.(c)
S8. Ans.(b)
S9. Ans.(d)
S10. Ans.(b)
S11. Ans.(b)
S12. Ans.(c)
S13. Ans.(d)
S14. Ans.(c)
S15. Ans.(a)
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