A Trivia Quiz On Economic And Social Development

10 Questions | Total Attempts: 1745

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Economics Quizzes & Trivia

In the world today, there are a lot of things that affect the world we live in, and they can go from our interactions with others and our standards of living and making the best out of it. Do you believe that you have a proper understanding of economic and social development? If you said yes, take this trivia quiz below and get to find out.


Questions and Answers
  • 1. 
    Who compute the National Income in India?
    • A. 

      Central Statistical Organisation

    • B. 

      Ministry of Finance

    • C. 

      Planning Commission

    • D. 

      None of these

  • 2. 
    The highest and lowest rate of growth of population between Census 2001 and 2011 were recorded respectively by?
    • A. 

      Bihar and Kerala

    • B. 

      UP and MP

    • C. 

      MP and Bihar

    • D. 

      None of these

  • 3. 
    Among the following which is not the dimension used for measuring GII (Gender Inequality Index) by UNDP?
    • A. 

      Infant mortality

    • B. 

      Empowerment

    • C. 

      Reproductive health

    • D. 

      None of these

  • 4. 
    Apart from Financial Risk, what does the Basel II norms of Bank of International Settlements covers?1. Market Discipline2. Corporate Social Responsibility3. Supervisory ReviewChoose the correct code:
    • A. 

      Only 1

    • B. 

      Only 2

    • C. 

      1 and 2

    • D. 

      1 and 3

  • 5. 
    Name three states which had higher HDI than China?
    • A. 

      UP, MP, Bihar

    • B. 

      MP, Bihar, Arunachal Pradesh

    • C. 

      Punjab, Maharashtra and Kerala

    • D. 

      None of these

  • 6. 
    What do we call the product method of calculating National Income?
    • A. 

      Income method

    • B. 

      Value added method

    • C. 

      Net Output method

    • D. 

      None of these

  • 7. 
    KYC (Know Your Customer) regulations have been introduced in financial transactions under which regulation?
    • A. 

      Prevention of Money Laundering Act

    • B. 

      Banking Companies Act

    • C. 

      Companies Act

    • D. 

      None of these

  • 8. 
    The Trade Policy of India (2009-14) seeks to:1. Double the share of global trade of the country by the year 20202. Attain a growth of 25% per annum in exports3. Double Indian exports of goods & services by the year 2014Choose the correct code:
    • A. 

      Only 1

    • B. 

      Only 2

    • C. 

      1 and 2

    • D. 

      1, 2 and 3

  • 9. 
    Where has the Government of India set up the Mahatma Gandhi Institute for Rural Industrialization in order to promote village industrialization?
    • A. 

      Delhi

    • B. 

      Gurgaon

    • C. 

      Kanpur

    • D. 

      Wardha

  • 10. 
    What does Relative poverty refers?
    • A. 

      A situation in which a person falls behind others

    • B. 

      A situation in which a person is unable to obtain the necessaries for life

    • C. 

      A person is below poverty line

    • D. 

      None of these