YOUTUBE CHANNEL : SURAJ PATEL EDUCATION
ECONOMICS OF GLOBAL TRADE AND FINANCE
M.COM [PART 1] ( MCQ PART 2 )
190 + Importance ECONOMICS MCQ PDF
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51. India ranks ________in milk production in
the world.
a. First
b. Second
c. Fifth
d. Sixth
Answer: a
52. According to the Economic survey of GOI
2018-19, India
(a) has already entered the demographic phase of a high
share of working age population
(b) Is yet to enter the demographic phase of a high share
of working age population
(c) Is still in the demographic phase of a low share of
working age population
(d) Will never be able to enter the demographic phase of a
high share of working age population
Ans: (a)
53. According to the Economic Survey of
2017-18, the states of India with poor performance on gender related issues are
(a) Diverging
(b) Converging
(c) No distinct pattern
(d) Becoming poor
Ans(b)
54. Which of the following states is the best
performer in terms as GSVA in the service sector?
(a) Maharashtra
(b) Karnataka
(c) Andhra Pradesh
(d) Himachal Pradesh
Ans: (b)
55. FDI equity inflows into the services sector
accounted for how much per cent of the total FDI equity inflows into India in
2018-19?
(a) 90%
(b) 63.7%
(c) 10.4%
(d) 30.1%
Ans: (b)
56. As per the UN National Accounts Statistics
data for 2017, India ranked
(a) 3th in terms of
GDP size
(b) 7th in terms of GDP size
(c) 6th in terms of GDP size
(d) 5th in terms of GDP size
Ans: (b)
57. Green colour indicates the __________ in
terms of SGD index
(a) Front runners
(b) Performers
(c) Aspirants
(d) Achievers
And: (a)
58. In which year was the Small-Scale
Industries (SSI‟s) in India renamed as Micro, small and medium enterprises
(MSME‟s)?
a. 2006
b. 2007
c. 2005
d. 2004
Answer: a
59. What is the total number of MSME‟s in India
in organized sector according to the latest MSME census?
a. 25.4 million
b. 29.8 million
c. 48.7 million
d. 43.4 million
Answer: b
60. FRBM committee recommended centre debt to GDP ratio to be at
a. 37 percent
b. 40 percent
c. 25 percent
d. 35 percent
Answer: b
61. The Gini coefficient provides a measure of:
a. the level of poverty
b. the level of relative inequality
c. disguised unemployment
d. the rate of growth
Ans: b
62. Balanced growth theories of Ragnar Nurkse
advocate
a. a steady rate of growth of GNP
b. parity between capital stock and labor
c. simultaneous development of all sectors of the
economy
d. Development of leading sectors
Ans: c
63. To avoid excess burden of tax we should
have
a. Low marginal tax rate
b. Zero marginal tax rate
c. Progressive tax rate
d. Proportional tax rate
Answer: b
64. The market demand for transportation is the
_________________ of individual demands for transportation.
1. Vertical summation
2. Horizontal summation
3. Differentiation
4. None of these
Answer (2)
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65. Random Utility Model of Transportation
Choice helps in understanding demand for Transport as a
1. Divisible Good
2. Discrete Good
3. Normal Good
4. Public Good
Answer (2)
66. Probabilistic Choice Models help in understanding
demand for Transport as a
1. Divisible Good
2. Discrete Good
3. Normal Good
4. Public Good
Answer (2)
67. In Random Utility Models of Transportation
Choice, all available alternatives are
1. Compliments
2. Substitutes
3. Perfect Compliments
4. None of these
Answer (2)
68. Identify the false statement for the cost
function
a. The cost function is non-decreasing in input prices
b. The cost function is homogeneous of degree one in input
prices
c. Convex in input prices
d. Continuous in input prices
Answer c
69.With perfect income equality the Gini
coefficient in a country would be
a. infinity
b. 1
c. .5
d. 0
Ans: d
70. According to the theory structural
transformation, as incomes rise in the initial stage there tends to be a shift
of labor from
a. Agriculture to industrial sector
b. Agriculture to services sector
c. Industrial sector to services sector
d. Services sector to industrial sector
Ans: a
71. Historically, low rate of population growth
were maintained because of
a. low fertility rates.
b. high mortality rates.
c. migration out of developing countries.
d. government restrictions on the number of children
families can have.
Ans: b
72. A strangle is an investment strategy that
combines
a. A call and a put for the same expiry date but at
different strike prices
b. Two puts and one call with the same expiry date
c. Two calls and one put with the same expiry dates
d. A call and a put at the same strike price and expiry
date
Answer: a.
73. A trader buys 2 June expiry call options
each at a strike price of Rs. 200 and Rs. 220 and sells two call options with a
strike price of Rs. 210, this strategy is a
a. Bull Spread
b. Bear call spread
c. Butterfly spread
d. Calendar spread
Answer c.
74. The option price will ceteris paribus be
negatively related to the volatility of the cash price of the underlying.
a. The statement is true
b. The statement is false
c. The statement is partially true
d. The statement is partially false
Answer: b.
75. A put option with a strike price of Rs.
1176 is selling at a premium of Rs. 36. What will be the price at which it will
break even for the buyer of the option
a. Rs. 1870
b. Rs. 1194
c. Rs. 1140
d. Rs. 1940
Answer b.