Economy Questions for SSC Exams Set 2

Economy Questions Answers MCQ for various exams like SSC CGL, CPO, CHSL, High Court and other related exams.

  1. The interest rate policy is a component of
    A) fiscal policy
    B) monetary policy
    C) trade policy
    D) direct control
    View Answer
    Option B

  2. A mixed economy works primarily through the
    A) market mechanism
    B) Central allocative machinery
    C) market mechanism regulated by government
    D) market mechanism guided by government participation
    View Answer
    Option D

  3. Industrial exit policy means
    A) forcing foreign companies to leave India
    B) forcing business units to move out of congested localities
    C) allowing manufacturers to shift the line of products
    D) allowing business units to close down
    View Answer
    Option D

  4. Capital formation in an economy depends on
    A) total income
    B) total demand
    C) total savings
    D) total production
    View Answer
    Option C

  5. Basic infrastructure facilities in Economics are known as
    A) human capital
    B) physical capital
    C) working capital
    D) social overhead capital
    View Answer
    Option D

  6. Deficit financing is an instrument of
    A) monetary policy
    B) credit policy
    C) fiscal policy
    D) tax policy
    View Answer
    Option C

  7. New Capital issue is placed in
    A) secondary market
    B) grey market
    C) primary market
    D) black market
    View Answer
    Option C

  8. In the context of the stock market IPO stands for
    A) immediate payment order
    B) internal policy of education
    C) initial public offer
    D) International payment obligation
    View Answer
    Option C

  9. Disinvestment in public sector is called
    A) liberalisation
    B) globalisation
    C) industrialisation
    D) privatisation
    View Answer
    Option D

  10. In India disguised unemployment is generally observed in
    A) agricultural sector
    B) factory sector
    C) service sector
    D) all of the above
    View Answer
    Option A



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