Important Questions of Economics General Awareness | Zigya

Previous Year Papers

Download Solved Question Papers Free for Offline Practice and view Solutions Online.

Test Series

Take Zigya Full and Sectional Test Series. Time it out for real assessment and get your results instantly.

Test Yourself

Practice and master your preparation for a specific topic or chapter. Check you scores at the end of the test.
Advertisement

 Multiple Choice QuestionsMultiple Choice Questions

Advertisement
21.

India's population growth is characterized by

  • An increase in rate of death

  • An increase in the ratio of females

  • An increase in the birth rate and declining death rate

  • An increase in the birth rate and declining death rate

249 Views

22.

What will you call a system of taxation under which the poorer sections are taxed at higher rates than the richer sections?

  • Progressive tax

  • Proportional tax

  • Regressive tax

  • Regressive tax

97 Views

23.

The most important function of an interest group is to

  • form the government

  • alter government policies to its liking

  • build up public opinion

  • build up public opinion

92 Views

24.

In India which of the following taxes is levied by the State governments?

  • Excise duty on liquor

  • Capital gains tax

  • Customs tax

  • Customs tax

83 Views

Advertisement
25.

The major objective of monetary policy is to

  • increase government's tax revenue

  • revamp the Public Distribution System

  • promote economic growth with price stability

  • promote economic growth with price stability

96 Views

26.

Banks earn interest on

  • Deposits

  • Loans

  • Demand Drafts

  • Demand Drafts

177 Views

27.

Which is the most important factor that determines whether advertising by manufacturing sector will lead to higher sales?

  • Demand is elastic

  • Demand is inelastic

  • The product can be differentiated

  • The product can be differentiated

120 Views

28.

Credit Rationing in India is done by

  • RBI

  • SBI

  • LIC

  • LIC

264 Views

Advertisement
29.

Commercial banks lend to which of the following Priority sectors?

  • Heavy Industries

  • Agriculture, Small scale industries

  • Foreign Companies

  • Foreign Companies

73 Views

30.

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

  • April - March

  • July-June

  • October-September

  • October-September

65 Views

Advertisement