RRB NTPC Economics quiz for Stage-I : 03/04/2019

RRB NTPC Economics quiz for Stage-I

Railway/SSC JE Civics quiz for  (Phase I), RRB NTPC, SSC various exams and other competitive exams.

Q1. Commercial banks lend to which of the following Priority sectors?

वाणिज्यिक बैंक निम्नलिखित में से किस प्राथमिकता वाले क्षेत्र को उधार देते हैं?

(a) Heavy Industries/भारी उद्योग

(b) Agriculture, Small scale industries/कृषि, लघु उद्योग

(c) Foreign Companies/विदेशी कंपनियाँ

(d) State government in emergency situation/आपातकालीन स्थिति में राज्य सरकार

Q2. What is the accounting year of the Reserve Bank of India?

भारतीय रिजर्व बैंक का लेखा वर्ष क्या है?

(a) April-March/अप्रैल-मार्च

(b) July-June/जुलाई-जून

(c) October-September/अक्टूबर-सितंबर

(d) January-December/जनवरी-दिसंबर

Q3. Which institution is known as ‘Soft Loan Window’ of World Bank?

किस संस्था को विश्व बैंक की ‘सॉफ्ट लोन विंडो’ के रूप में जाना जाता है?

(a) IDBI/आईडीबीआई

(b) IDA/आईडीए

(c) IMF/

(d) RBI/

Q4. When the demand for a good increases with an increase in income, such a good is called___________

जब आय में वृद्धि के साथ एक अच्छे की मांग बढ़ती है, तो ऐसा अच्छा कहा जाता है

(a) Superior good

(b) Giffin good

(c) Inferior good

(d) Normal good

Q5.Swarna Jayanti Gram Swarojgar Yojna has now been restructured as

सवर्ण जयंती ग्राम स्वरोजगार योजना का अब पुनर्गठन किया गया है

(a) Prime Minister’s Rojgar Yojna/प्रधान मंत्री रोजगार योजना

(b) National Rural Livelihoods Mission/राष्ट्रीय ग्रामीण आजीविका मिशन

(c) Jawahar Gram Samriddhi Yojana/जवाहर ग्राम समृद्धि योजना

(d) Sampoorna Gramin Rojgar Yojana/सम्पूर्ण ग्रामीण रोजगार योजना

Q6. Which of the following is not a commercial source of energy?

निम्नलिखित में से कौन ऊर्जा का वाणिज्यिक स्रोत नहीं है?

(a) Coal/कोयला

(b) Petroleum/पेट्रोलियम

(c) Natural Gas/प्राकृतिक गैस

(d) Firewood/जलाऊ लकड़ी

Q7. The supply-side economics lays greater emphasis on ______.

आपूर्ति-पक्ष अर्थशास्त्र ______ पर अधिक जोर देता है।

(a) Producer/निर्माता

(b) Global economy/वैश्विक अर्थव्यवस्था

(c) Consumer/उपभोक्ता

(d) Middle Man/मिडिल मैन

Q8. The founding father of “Theory of bureaucracy” was?

नौकरशाही का सिद्धांत” के संस्थापक पिता थे?

(a) F. W. Taylor/एफ डब्ल्यू टेलर

(b) Max Weber/मैक्स वेबर

(c) Elton Mayo/एल्टन मेयो

(d) Herbert Simon/हर्बर्ट साइमन

Q9.The main effect of Direct Taxes is on

डायरेक्ट टैक्स का मुख्य प्रभाव है

(a) Food prices/खाद्य कीमतें

(b) Consumer goods/उपभोक्ता वस्तुएं

(c) Capital goods/पूंजीगत सामान

(d) Income/आय

Q10. If price of an article decreases from P1 to Rs 25, quantity demanded increases from 900 units to 1200 units. If point elasticity of demand is 2 find P1?

यदि किसी लेख की कीमत P1 से घटकर 25 रु हो जाती है, तो मात्रा की मांग 900 इकाइयों से बढ़कर 1200 इकाई हो जाती है। यदि बिंदु लोच की मांग 2 है तो P1 ढूंढें?

(a) Rs. 20                                             

(b) Rs. 30

(c) Rs. 35                                             

(d) Rs. 15

Answers

Ans.1.(b)            

Exp.Priority Sector refers to those sectors of the economy which may not get timely and adequate credit in the absence of this special dispensation. It is an important role given by the Reserve Bank of India (RBI) to the banks for providing a specified portion of the bank lending to few specific sectors like agriculture and allied activities, micro and small enterprises, poor people for housing, students for education and other low income groups and weaker sections.

Ans.2.(b)

Exp.The RBI’s accounting year is from July to June.

Ans.(3.b)            

Exp.The International Development Association (IDA) is an international financial institution which offers concessional loans and grants to the world’s poorest developing countries. So, it is called as Soft Loan Window of World Bank. The IDA is a member of the World Bank Group and is headquartered in Washington, D.C., United States.

Ans.4.(a)

Exp.When the demand for a good increases with an increase in income, such a good is called Superior good. A Superior good also may be a luxury good.

Ans.5.(b)

Exp.National Rural Livelihoods Mission (NRLM) was launched by the Ministry of Rural Development (MoRD), Government of India in June 2011. It is restructured form of Swarna Jayanti Gram Swarojgar Yojna.

Ans.6.(d)

Exp.Firewood is a non-commercial source of energy.

Ans.7.(a)

Exp. Supply-side economics is the theory that says increased production drives economic growth. So, the supply-side economics lays greater emphasis on Producer.The factor of production are capital, labour, entrepreneurship, and land.

Ans.8.(b)

Exp. The Bureaucratic Theory is related to the structure and administrative process of the organization and is given by Max Weber, who is regarded as the father of bureaucracy.          

Ans.9.(d)

Exp.Direct tax is a type of tax where the incidence and impact of taxation fall on the same entity income.

Ans.10.(b)

Exp.Elasticity= (ΔQ/ΔP)×(P/Q) where ΔQ is change in Quantity and ΔP is change in Price.

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