Economic And Social Development MCQ Trivia Quiz

10 Questions | Total Attempts: 2334

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Economics Quizzes & Trivia

To attain economic stability, there is much that you need to put in place. Have you understood different ways in which you can use to do just that? The quiz below is designed to help you revisit what you know about the social and economic development of a country or project. Take up the quiz below and get to find out for sure. All the best!


Questions and Answers
  • 1. 
    ASEAN accounts for approximately what fraction of India's Foreign Trade? State the approximate figure.
    • A. 

      1%

    • B. 

      7%

    • C. 

      10%

    • D. 

      50%

  • 2. 
    The term Euribor is associated with?
    • A. 

      SEBI

    • B. 

      SAARC

    • C. 

      A reference rate for Euro Money Market

    • D. 

      None of these

  • 3. 
    Where is the largest carbon credit project of the world carried out?
    • A. 

      India

    • B. 

      Pakistan

    • C. 

      Afghanistan

    • D. 

      USA

  • 4. 
    What do we call all economic transactions of India with the outside world in a year?
    • A. 

      Balance of Payments

    • B. 

      Balance of Trade

    • C. 

      Economic Equilibrium

    • D. 

      None of the above

  • 5. 
    Name three states which had higher Human Development Indicators than China but lower than Korea and Mexico, as per RBI study?
    • A. 

      Kerala, Maharashtra, Punjab

    • B. 

      Gujarat, Punjab, Kerala

    • C. 

      Kerala, A.P., Karnataka

    • D. 

      None of these

  • 6. 
    Under ______________ Ministry of Indian Government the Forward Markets Commission works?
    • A. 

      Ministry of Consumer Affairs, Food and Public Distribution

    • B. 

      Ministry of Finance

    • C. 

      Ministry of Corporate Affairs

    • D. 

      None of these

  • 7. 
    Which state of India organized International Rhododendron festival recently?
    • A. 

      Uttar Pradesh

    • B. 

      Madhya Pradesh

    • C. 

      Haryana

    • D. 

      Sikkim

  • 8. 
    In India, what are the 2 maximum revenue yielding groups of Indirect taxes?
    • A. 

      Union Excise Duties & General Sales tax

    • B. 

      Custom & General Sales Tax

    • C. 

      Union Excise Duties & Customs

    • D. 

      None of the above

  • 9. 
    Who is the ex-officio chairman of the Planning Commission of India?
    • A. 

      Prime Minister

    • B. 

      Finance Minister

    • C. 

      Planning Minister

    • D. 

      None of these

  • 10. 
    Which is not an objective of economic planning of India?
    • A. 

      Industrial growth

    • B. 

      Generation of employment

    • C. 

      Population growth

    • D. 

      Self-reliance

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