Economics interview questions

The decision to start IMF was taken at

1. Bretton woods conference
2. Round- table conference
3. Geneva conference
4. None

Statistics is a branch of

1. Accountancy
2. Mathematics
3. Economics
4. Commerce

The birth of economics of education was announced by

1. Keynes
2. Schultz
3. Karl Marx
4. Marshall

IBRD was set up in

1. 1983
2. 1984
3. 1944
4. 1948

The 14 commercial banks were nationalized in the year

1. 1951
2. 1969
3. 1980
4. 1984

The first bank in India was established in

1. 1770
2. 1801
3. 1806
4. 1782

What is the minimum permissible age for employment in any factory or mine?

1. Twelve years
2. Eighteen years
3. Fourteen years
4. Sixteen years

____ is not the principal crops of the rabi season.

1. Linseed
2. Gram
3. Maize
4. Barley

Internal trade means

1. Trade within the country
2. Export
3. Import
4. None of these

SIDCO is related to the development of ____ industries.

1. Sugar
2. Small
3. Soap
4. Steel

The new industrial policy was announced in

1. 1950
2. 1984
3. 1991
4. 2001

Green revolution increased the food grains production especially in

1. Ragi and rice
2. Wheat and sugarcane
3. Rice and wheat
4. Rice and sugarcane

The per capita income of an economy can be calculated by

1. Dividing GNP by number of people employed
2. Multiplying GNP by population
3. Dividing GNP by population
4. Dividing GDP by population

Basic needs like food, clothing and shelter are _____ needs.

1. Cultural
2. Psychological
3. Social
4. Physical

The Mercantilists gave utmost importance to

1. Imports
2. Trade
3. Agriculture
4. Manufacturing Industry

Mention which is not a cause for Population Explosion.

1. Poverty
2. High DR
3. High BR
4. Social customs

The planning Commission of India defined poverty on the basis of

1. Income
2. Employment
3. Consumption
4. Calorie intake of food

Perspective plan covers a period of

1. 5 years
2. 10 years
3. 15 years
4. 20 to25 years

The productive capacity of a nation is represented by the progress of

1. Industries
2. Export
3. Infrastructure
4. Agriculture

Which state has maximum branches of public sector of Commercial Banks in India?

1. Gujarat
2. Maharashtra
3. Karnataka 
4. U.P.

LIC of India was established in

1. 1857
2. 1947
3. 1950
4. 1956

Which is the leading state in mulberry sericulture?

1. Karnataka
2. West Bengal
3. Kashmir
4. Tamil Nadu

SAIL was established in

1. 1947
2. 1949
3. 1970
4. 1974

Consumer Protection Act (COPRA) was implemented in

1. 1980
2. 1982
3. 1985
4. 1986

International Finance Corporation is an affiliate of

1. ADB
2. IDA 
3. IBRD
4. IMF

In which production has India attained self sufficiency?

1. Foodgrains
2. Petroleum
3. Edible oil
4. Fertilizers

Gresham’s Law is related to

1. Supply and Demand
2. Consumption and savings
3. Circulation of money
4. Deficit Financing

The main industry of Manipur is

1. Sugar
2. Handloom
3. Power Production
4. Transport products

The Reserve Bank of India was established in

1. 1935
2. 1947
3. 1949
4. 1951

Budget is a/an

1. Estimate of expenditure
2. Balance Sheet
3. Plan outlay
4. Annual Financial Statement