| 1. Components of Balance of a country include the: | (d) All of the above | |
| 2. Which of the following plan has focused on the agriculture and rural economy? | (a) Gandhian Plan | |
| 3. The core of the classical theory of employment is----- | (b) Law of Markets | |
| 4. Which of the following is a Modern theory of International Trade | (c) Factor Endowment Theory | |
| 5. Primary sector is----- | (d) Agriculture | |
| 6. Indicate the contribution of J.M. Keynes to Economics : | (d) General Theory | |
| 7. Which of the following is a direct tax ? | (a) Income Tax | |
| 8. The value of multiplier is | (d) both a and b | |
| 9. Who coined the word 'Macro' | (b) Ragnar Frisch | |
| 10. NABARD was started in | (a) July 1982 | |
| 11. The data collected by questionnaires are | (b) Primary Data | |
| 12. Alkali soils are predominantly loacted in the -----plains | (d) All of the above |
| 13. If the MPC is 0.5, the value of multiplier is | (b) 2 |
| 14. Expansion of NITI Aayog | (c) National Institution for Transforming India |
| 15. 2016 Demonetization of currency includes denominations of | (a) Rs 500 and Rs 1000 |
| 16. Primary Deficit (PD) =---- | (b) Fiscal Deficit - Interest Payment |
| 17. SAARC meets once in-----years | (b) 3 |
| 18. International Monetary Fund was an outcome of | (a) Bretton Woods Conference |
| 19. When the prices rise slowly, we call it as | (c) Mild Inflation |
| 20. "Protection of the Environment Operations Act" was set up in | (b) 1997 |
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