List of top Economics Questions

Following are the sources of electricity generation in India. Arrange them in correct sequence on the basis
of total power generation capacity (higher to lower) :
(A) Nuclear
(B) Thermal
(C) New and renewable energy
(D) Hydro
Choose the correct answer from the options given below :

Government of India enacted the Right to Education Act in 2009 to make free education a Fundamental Right of all children in the age group of ___________ years.

__________ implies that resource extraction is not above the rate of regeneration of resources and the wastes generated are within the assimilating capacity of the environment.

Choose the correct chronological sequence in ascending order (earliest to latest) :
(A) Establishment of NABARD
(B) FRBMA (Fiscal Responsibility and Budget Management Act)
(C) Third Five Year Plan
(D) Nationalization of RBI

Casualization of workforce would result in:

Under flexible exchange rate, when the price of domestic currency in terms of foreign currency increases, it is called_______

Arrange the following elements in correct chronological sequence (earliest to latest):
(A) Smithsonian Agreement
(B) Bretton Woods Conference
(C) Establishment of WTO
(D) Gold Standard
Choose from the options given below:

All those elements which create liability and decrease the assets of government are known as :

Which of the following is not a function of a Central Bank?

Match List-I with List-II:

List-I		List-II
A	Bank Rate	(I)	Securities are pledged in order to repurchase
B	Marginal Standing Facility	(II)	Minimum rate at which funds are provided for long term
C	Repo Rate	(III)	Also known as Penal Interest Rate
D	Reverse Repo Rate	(IV)	Central Bank borrows funds from commercial banks

Paradox of Thrift implies:

_______________ depicts what has actually happened?

How will the purchase of Rafael planes by India from France be recorded in the balance of payments account?

The Government of India reduced its defence budget expenditure to increase its health budget expenditure during the COVID pandemic. Which objective of the budget was the government trying to achieve through this step?

The consumption function in an imaginary economy is known to be C = 100 + 0.75Y. The level of equilibrium income in this economy is 800 crores. What will be the value of investment in this economy?

If the domestic income of an economy is 2500 crores, the factor income from abroad is 300 crores, the consumption of fixed capital is 150 crores and Net National Product at factor cost is 2400 crores, then the Factor income paid to abroad will be:

An economy has a trade surplus of 25 billion dollars and an overall current account deficit of 47 billion dollars. What will be the balance of invisibles for this economy?

Which of the following statements is correct about the informal sector?

The distribution of workforce in different sectors indicates that over the last five decades (1972-2018), people have moved from self-employment and regular salaried employment to casual wage work. What is this process called?

Which of the following is NOT a source of data on unemployment in India?

Put the following events in the order in which they occurred:
(A) India adopted social banking
(B) National Bank for Agriculture and Rural Development (NABARD) was set up
(C) Tamil Nadu Women in Agriculture (TANWA) was initiated
(D) Indian Parliament passed three laws to reform the agriculture marketing system
Choose the correct answer from the options given below:

Put the following processes under agricultural marketing in the correct order:
(A) Assembling
(B) Transportation
(C) Processing
(D) Storage
Choose the correct answer from the options given below:

Which of the following activity contributes maximum to the generation of GDP?

Match List-I with List-II:

Choose the correct answer from the options given below:

Identify the factors responsible for land degradation in India:
(A) Loss of vegetation occurring due to deforestation
(B) Vehicular emissions
(C) Encroachment into forestlands
(D) Forest fires and overgrazing
Choose the correct answer from the options given below: