Macro Fundamentals GDP Investment Growth – Indian Economy GK MCQ ( मैक्रो फंडामेंटल्स जीडीपी निवेश विकास )
Strengthen your understanding of macroeconomic fundamentals, GDP, investment, and economic growth with our comprehensive collection of multiple-choice questions (MCQs) sourced from previous year papers of various exams, including UPSC IAS and more. Put your knowledge to the test and assess your preparation levels with this invaluable resource covering a wide range of topics related to macroeconomics.
This MCQ compilation features questions carefully selected from different sectors, ensuring comprehensive coverage of the subject matter. Whether you’re preparing for UPSC IAS or other competitive exams, these MCQs serve as a valuable tool to reinforce your understanding of macroeconomic principles and evaluate your ability to apply them to real-world scenarios.
Topics covered include:
Basics of macroeconomics: aggregate demand and aggregate supply
Measurement of macroeconomic variables, including GDP, GNP, and inflation
Investment and its determinants
The role of government in the economy
Fiscal and monetary policies
Economic growth theories and factors affecting growth rates
International trade and its impact on macroeconomic indicators
These MCQs have been carefully curated to align with the latest syllabus and exam patterns, enabling you to familiarize yourself with the types of questions commonly asked in various competitive exams. Enhance your performance, build confidence, and track your progress as you navigate through this comprehensive collection of MCQs on macroeconomic fundamentals, GDP, investment, and growth.
Macro Fundamentals GDP Investment Growth – Indian Economy GK MCQ – Previous Year Questions
Question:
Economic growth in India is measured by change in GDP at:
A
B
C
D
Question:
Which one of the following led the Malegam committee to recommend for interest rate cap for micro-finance institutions?
A
B
C
D
Question:
Which of the following is a common measure of degree of 'openness of an economy'?
A
B
C
D
Question:
What is/are the recent policy initiative(s) of government of India to promote the growth of manufacturing sector?
Setting up of National Investment and manufacturing Zones.
Providing the benefits of ‘single window clearance’.
Establishing the technology acquisition and development fund.
Select the correct answer using the codes given below.
A
B
C
D
Question:
Wholesale Price Inflation (WPI) index includes price change of which of the following sectors:
Agriculture
Mining
Manufacturing
Electricity
Select the correct answer using the code given below:
A
B
C
D
Question:
Public procurement of food grains at support prices insures the following.
Stability in farm prices
Remunerative prices to the farmers
Building food stocks for public distribution
Which of the above statements are correct?
A
B
C
D
Question:
Which of the following statements are correct about CPI rural, CPI urban and CPI combined index?
Inflation data is published by NSO
The base year is 2011-12
It is released for all India and for states and UTs separately on a monthly basis
Select the correct answer using the code given below:
A
B
C
D
Question:
Green Revolution is related to
A
B
C
D
Question:
Why is the Government of India disinvesting its equity in the Central Public Sector Enterprises (CPSEs)?
Government intends to use the revenue earned from the disinvestment mainly to pay back the external debt.
The government no longer intends to retain the managements control of the CPSEs.
Which of the statement(s) given above is/are correct?
A
B
C
D
Question:
The demand for GDP in the economy comes from which of the following sectors:
Household
Private
Government
External
Select the correct answer using the code given below:
A
B
C
D
Question:
Which of the following are not counted in India’s GDP calculation?
Informal sector activity
Re-exports
Select the correct answer using the code given below
A
B
C
D
Question:
Consider the following statements regarding India’s merchandise trade:
India’s merchandise imports as a percentage of GDP has steadily decreased in the last decade
India’s merchandise exports as a percentage of GDP has steadily decreased in the last decade
Select the correct answer using the code given below:
A
B
C
D
Question:
Small Scale and Cottage Industries are important because
A
B
C
D
Question:
Consider the following statements
Capital goods are final goods and are not used as an input
Intermediate goods are those which have been produced but should be further transformed before they can be used for any purpose
Select the correct answer using the code given below:
A
B
C
D
Question:
Capital formation in a country will necessarily lead to which of the following:
Increase in ICOR
Decrease in ICOR
Economic growth
Select the correct answer using the code given below:
A
B
C
D
Question:
Which one of the following is the primary sector of India’s economy?
A
B
C
D
Question:
Actively associated with Green Revolution
A
B
C
D
Question:
Consider the following.
Area nut
Barley
Coffee
Finger millet
Groundnut
Sesamum
Turmeric
The Cabinet Committee on Economic Affairs has announced the Minimum Support Price for which of the above?
A
B
C
D
Question:
Which one of the following is the objective of National Renewal Fund?
A
B
C
D
Question:
Which among the following is providing least institutional credit to agriculture and allied activities in recent years?
