TODAY Indian Economics FREE ONLINE TEST
TEST-1-ATTEND
TEST-2-ATTEND


















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TEST-1-ATTEND
TEST-2-ATTEND
1/100
TIDCO is the abbreviation of
Tamil Nadu Information Development Corporation Limited✔X
Tamil Nadu Industrial Development Corporation Limited✔X
Tamil Nadu Investment Development Corporation Limited✔X
Tamil Nadu Information Development Control Limited✔X
2/100
On which of the following do people of India spend most of their income?
Clothing✔X
Food✔X
Fuel and lighting✔X
Household durables✔X
3/100
Which of the following was not a characteristic of our economy at the time of Independence?
we were expecting capital goods✔X
India was industrially under developed✔X
Indian farmers were following primitive methods✔X
none of these✔X
4/100
Which of the following does not contribute to the development of the Indian economy?
Population growth✔X
Rising Industrial output✔X
Modern technology✔X
Green Revolution✔X
5/100
Which Government undertaking is responsible for the management of public steel plants in India?
SAIL✔X
GAIL✔X
ONGC✔X
BHEL✔X
6/100
A major irrigational project is one which covers the minimum area of
2000 hectares✔X
5000 hectares✔X
8000 hectares✔X
10,000 hectares✔X
7/100
Average size of land holding in India is
7 hectares✔X
5 hectares✔X
4 hectares✔X
less than 2 hectares✔X
8/100
Per capita income is calculated as
income of each state divided by its population✔X
per head individual income divided by total population✔X
gross national income divided by total population✔X
total population multiplied by factor income✔X
9/100
The minimum number of persons required to form primary co-operative society is
2✔X
6✔X
10✔X
25✔X
10/100
Multinational is
a joint venture at government level between more than two countries✔X
a company making use of foreign countries✔X
an enterprise operating in many countries✔X
a joint venture at private level between more than two countries✔X
11/100
Agricultural Income is exempted from
Sales Tax✔X
Income Tax✔X
neither Sales nor Income Tax✔X
Local Tax✔X
12/100
Land ceiling for a small farmer to avail subsidy from Tamil Nadu Government
2 hectares✔X
3.5 hectares✔X
5 hectares✔X
2.5 hectares✔X
13/100
Expand NABARD
National Bank for Agricultural and Research Development✔X
National Bank for Agricultural and All India Rural Development✔X
National Bank for Agriculture and Rural Financing✔X
National Bank for Agriculture and Rural Development✔X
14/100
Balance of Trade means
balance amount due to a foreign trader✔X
balance amount due from a foreign dealer✔X
the difference between the value of exports and imports✔X
none of these✔X
15/100
Consider the following statements: EXIM Policy refers to export and import EXIM Policy refers to export of Indian machineries EXIM Policy refers to import of capital goods IV.EXIM Policy refers to trade fairs in foreign countries Of the statements:
I alone is correct✔X
I and II are correct✔X
I, II and III are correct✔X
All are correct✔X
16/100
Based on investment which industrial unit is called a Small Scale unit?
Rs. 50 lakhs✔X
Rs. 25 lakhs✔X
Rs. 60 lakhs✔X
Rs. 40 lakhs✔X
17/100
How many Five year Plans have been implemented in India so far?
7✔X
8✔X
5✔X
4✔X
18/100
Who framed the fundamental principles of Taxation?
Adam Smith✔X
Marshall✔X
R.K. Shanmugam Chettiar✔X
None of these✔X
19/100
The main function of SIPCOT in Tamil Nadu is to
give only advice to entrepreneurs✔X
provide balancing finance✔X
provide raw materials✔X
provide electricity✔X
20/100
The condition of agriculture towards the national income of the country approximately is
58%✔X
54%✔X
45%✔X
41%✔X
21/100
The strategy for large scale industrialization was adopted for the first time in
First Plan✔X
Second Plan✔X
Fourth Plan✔X
Fifth Plan✔X
22/100
Which organization promotes trade?
STC✔X
MMTC✔X
ECGC✔X
UNICEF✔X
23/100
The profit which can be legally distributed to the shareholders of a company in the form of dividend is called
Secret Profit✔X
Capital Profit✔X
Divisible Profit✔X
Correct Profit✔X
24/100
If a single Director, his eligible share should be kept
2 months from the date of his appointment✔X
Until he retires✔X
At the time of appointment✔X
None of these✔X
25/100
Match List I with List II correctly and select your answer using the codes given below: List I List II Kimbal D.S.and Kimbal (Jr) D.S. 1. Co-operatives Robert Owen 2. Scientific Management F.W.Taylor 3. Sole proprietorship Lord Lindley 4. Company
3 1 2 4✔X
1 3 4 2✔X
3 2 1 4✔X
2 4 3 1✔X
26/100
Consider the following statements: Assertion(A): As per the partnership Deed, a legal heir of decreased, Mr. A is admitted as partner. Reason(R): Mr.A is mad Of the statements
Both (A) and (R) are true and (R) is the correct explanation of(A)✔X
Both (A) and (R) are true and (R) is not the correct explanation of(A)✔X
(A) is true , but (R) is false✔X
(A) is false, but (R)is true✔X
27/100
Distribution of free samples to the consumers is an example for
dealer promotion✔X
sales force promotion✔X
consumer promotion✔X
trade promotion✔X
28/100
The strategy of expansion of product line is called
Trading down✔X
Expansion of product mix✔X
Development of new uses for the existing products✔X
Trading up✔X
29/100
The promissory note, bill of exchange or cheque payable either to order or bearer is a
Government Instrument✔X
Public Instrument✔X
Negotiable Instrument✔X
Foreign Instrument✔X
30/100
An agreement with a minor is a
void contract✔X
voidable contract✔X
valid contract✔X
none of these✔X
31/100
Clearing house of Banks are normally held in
Bank of India✔X
IDBI✔X
Reserve Bank of India✔X
State Co-operative Bank✔X
32/100
Land Development Banks provide loans on
short term basis✔X
medium term basis✔X
long term basis✔X
all basis✔X
33/100
Sericulture Co-operative are concentrated in
Gujarat✔X
Assam✔X
Uttar Pradesh✔X
Karnataka✔X
34/100
Grapevine refers to
channel of formal communication✔X
channel of informal communication✔X
upward communication✔X
downward communication✔X
35/100
The functions of a modern office are classified into
basic and administrative✔X
primary and secondary✔X
traditional and modern✔X
routine and changing✔X
36/100
Who gave the concept of PODSCORB?
Lyndall Urwick✔X
Luther Gullick✔X
Ralph Davis✔X
Peter F. Drucker✔X
37/100
Which of the following accounts is prepared to find out the cost of good produced?
Trading Account✔X
Manufacturing Account✔X
Profit and loss Account✔X
Balance Sheet✔X
38/100
Refusing the payment of a cheque is called
Endorsement✔X
Special crossing✔X
Dishonor✔X
Standing instruction✔X
39/100
Which of the following is the leading Export item among Indian Plantation crops?
Coffee✔X
Rubber✔X
Spices✔X
Tea✔X
40/100
The apex institution in the field of industrial finance is
RBI✔X
IDBI✔X
IFC✔X
ICICI✔X
41/100
Among the following, which is not a mere cause for inflation?
Increase in money supply✔X
Increase in Government expenditure✔X
Deficit financing✔X
Over-production✔X
42/100
Reason for high birth rate is
the average age of marriage among females is low✔X
depressed agriculture✔X
lack of industrial development✔X
family planning✔X
43/100
Balance of trade refers to
value of invisible items of export and import✔X
export surplus✔X
value of visible items of export and import✔X
value of visible and invisible items of export and import✔X
44/100
Government of India appointed the Monopolies inquiry Commission under the Chairmanship of
Mahalanobis✔X
K.C. Dasgupta✔X
Nehru✔X
Indira Gandhi✔X
45/100
The essential part of a general crossing is
cross lines of the cheque✔X
three parallel lines✔X
two parallel lines✔X
four parallel lines✔X
46/100
The Central Bank of our country is
Central Bank of India✔X
State Bank of India✔X
Indian Bank✔X
Reserve Bank of India✔X
47/100
Match List I with List II correctly and select your answer using the codes given below: List I List II Dutt Committee(1969) 1. Industrial Licensing Wanchoo Committee(1971) 2. Direct taxes Raj Mannar Committee(1971) 3. Centra-State Fiscal Realations Chakravarthy Committee(1985) 4. Monetary System
4 3 2 1✔X
1 2 4 3✔X
1 2 3 4✔X
4 1 3 2✔X
48/100
Unfavorable balance to trade means
export is equal to import✔X
export is less than import✔X
export is greater than import✔X
none of these✔X
49/100
“Supply Creates its Own Deman”. Who said this?
Keynes✔X
Ricardo✔X
Say✔X
Mill✔X
50/100
Consider the following statements Assertion(A): Per capita income is low in India Reason(R): There is very low population in India Of the statements
Both (A) and (R) are true and (R) is the correct explanation of(A)✔X
Both (A) and (R) are true and (R) is not the correct explanation of(A)✔X
(A) is true , but (R) is false✔X
(A) is false, but (R)is true✔X
51/100
The plan holiday period was
1965-67✔X
1966-69✔X
1967-70✔X
1968-71✔X
52/100
IDBI stands for
Industrial Development Bank of India✔X
Indian Development Bank of Industries✔X
Indian Domestic Bank of Industries✔X
none of these✔X
53/100
Current A/C in a bank is normally opened by
individuals✔X
business firms✔X
salaried persons✔X
none of these✔X
54/100
The need-hierarchy theory motivation is given by
Maslow✔X
Herzberg✔X
McGregor✔X
Vroom✔X
55/100
Stock exchange deals with the
second hand securities✔X
issue of shares✔X
issue of debentures✔X
none of these✔X
56/100
Sacrificing ratio is used at the time of
admission of a partner✔X
retirements of a partner✔X
death of a partner✔X
dissolution of a firm✔X
57/100
UTI is associated with
banking trade✔X
foreign trade✔X
road transport✔X
investment trust✔X
58/100
Long term solvency is indicated by
rate of return✔X
liquid ration✔X
debt equity ratio✔X
capital gearing ratio✔X
59/100
Inflation is beneficial to
debtor✔X
creditor✔X
both debtor and creditor✔X
none of these✔X
60/100
The main aim of monetary policy into
control smuggling✔X
eradicate tax evasion✔X
regulate production✔X
regulate money supply✔X
61/100
The international liquidity problem is attended by
UNO✔X
IMF✔X
Central Bank✔X
Nationalized Bank✔X
62/100
Match List I with List II correctly and select your answer using the codes given below: List I List II Consumption 1. Perfect Competition Production 2. Rent Market 3. Utility Distribution 4. Scale
2 3 4 1✔X
3 4 1 2✔X
1 2 3 4✔X
4 1 2 3✔X
63/100
Which is the other name given to the average revenue curve?
Profit curve✔X
Average cost curve✔X
Demand curve✔X
Indifference curve✔X
64/100
Which is the oldest Scale Industry in India?
Cotton Industry✔X
Sugar Industry✔X
Jute Industry✔X
Iron and Steel Industry✔X
65/100
In India disguised unemployment prevails in
Agricultural sector✔X
Industrial sector✔X
Transport sector✔X
Trade sector✔X
66/100
Wheat is not suitable for growing in South India because of
winter are too warm✔X
low rainfall✔X
early summer✔X
poor soil condition✔X
67/100
The second Five year Plan gave importance to
Agriculture Development✔X
Industrial Development✔X
Social Development✔X
Transport and Communication Development✔X
68/100
Which one of the following Five Year Plan recognized human development as the core of all development efforts?
The Third Five Year Plan✔X
The Fifth Five Year Plan✔X
The Sixth Five Year Plan✔X
The Eighth Five Year Plan✔X
69/100
The system of Indian economy is
capitalist✔X
mixed economy✔X
socialist✔X
none of these✔X
70/100
In which Five Year Plan eradication of poverty was main theme?
First✔X
Second✔X
Fourth✔X
Fifth✔X
71/100
How many Nationalised Banks are therein India?
6✔X
14✔X
20✔X
21✔X
72/100
Product differentiation is a special feature of
Monopoly✔X
Perfect Competition✔X
Monopolistic Competition✔X
None of these✔X
73/100
When was NABARD formed?
1982✔X
1992✔X
1972✔X
1962✔X
74/100
Who is connected with Laissez Faire?
Adam Smith✔X
Kissinger✔X
Keynes✔X
Ricardo✔X
75/100
As per capita income increase, the share of agriculture in labour force
decreases✔X
increases✔X
remains constant✔X
first increases and then decreases✔X
76/100
Human capital formation refers to the process of
increasing the number of people✔X
physical growth of capital✔X
increasing knowledge, skills and capacities of people of the country✔X
providing more facilities to the people✔X
77/100
Who were the recipients of Nobel Prize in Economics?
J.E. Meade and Bertil Ohlin✔X
Ragnar Myrdal and Jan Tinbergen✔X
Gunnar Myrdal and Koopman✔X
J.R.Hicks and Paul Samuelson✔X
78/100
Unemployment which occurs when workers move from one job to another job is known as
seasonal unemployment✔X
frictional unemployment✔X
technological unemployment✔X
cylical unemployment✔X
79/100
Which of the following is not positively relevant to growth?
technology✔X
population growth✔X
natural resources✔X
size of the country✔X
80/100
The weakest economic group in India is represented by
Industrial workers✔X
Small and marginal farmers✔X
Landless laboures✔X
Women workers✔X
81/100
The aim of the economics planning should be
to increases the National income✔X
to increases the Per capita income✔X
to improve standard of living of the people✔X
all of these✔X
82/100
The First Five Year Plan was based on
Harrod-Domar model✔X
Friedman model✔X
Rostow model✔X
Mahalanobis model✔X
83/100
The most serious problem of India is
unemployment, not poverty✔X
Poverty, not unemployment✔X
underemployment ,not poverty✔X
stagnation, not poverty✔X
84/100
The percentage of the Indian urban population below the poverty line in 1989-90 was
17%✔X
18%✔X
19%✔X
21%✔X
85/100
India’s agriculture after Independence
has improved steadily and has become fairly advanced✔X
has improved only marginally and has created problems for the country✔X
has shown very good progress✔X
has recorded progress comparable to that of the advanced countries✔X
86/100
Inequalities in product per worker in under developed countries are perhaps
less than in developed countries✔X
more than in developed countries✔X
the same as in developed countries✔X
nothing is known✔X
87/100
Development is impossible without
incentive to profit✔X
foreign aid✔X
savings✔X
inflation✔X
88/100
Developing countries rely on Industry
to grow rapidly✔X
to train labour and absorb it into high paying jobs✔X
for reasons of security and national pride✔X
for all these✔X
89/100
Per capita income rises when
GNP and population both increase at the same rate✔X
GNP and population both remain constant✔X
GNP increases faster than population✔X
GNP increases slower than population✔X
90/100
Under development is the result of
economic factors✔X
social factor✔X
political factors✔X
economic, social and political factors all together✔X
91/100
A closed economy is the one which
does not permit emigration✔X
does not immigration✔X
does not permit foreign trade✔X
does not permit domestic trade✔X
92/100
The First Five Year Plan formulated in the year
1947✔X
1950✔X
1951✔X
1956✔X
93/100
Who appoints the auditor of a Joint Stock company?
Government✔X
Directors✔X
Share holders✔X
None of these✔X
94/100
Duration of the Eighth Five Year Plan is
1990-95✔X
1991-96✔X
1992-97✔X
1993-98✔X
95/100
Which of the following is not an employment programme?
National Rural Development Programme✔X
Integrated Rural Development Programme✔X
Jawahar Rozgar Yojana✔X
Training of Rural Youth for Self employment✔X
96/100
The expansion of abbreviation IADP is
Internal Agricultural Development✔X
intensive Agricultural District Programme✔X
Indian Agricultural Development Programme✔X
Agricultural Development Programme based on Industrial atmospheres✔X
97/100
Which one of the following is correctly matched?
Rabinson - Population theory✔X
Malthus - Economic theory✔X
Adam Smith - Father of Economics✔X
Karl Marx - A Famous Economist✔X
98/100
Consider the following statements: Assertion(A): rice is the major crop in Tamil Nadu Reason(R): People of Tamil Nadu eat rice in large quantity Of the statements
Both (A) and (R) are true and (R) is the correct explanation of(A)✔X
Both (A) and (R) are true and (R) is not the correct explanation of(A)✔X
(A) is true , but (R) is false✔X
(A) is false, but (R)is true✔X
99/100
What is Deficit Financing?
Expenditure exceeding the Revenue✔X
The means of financing the deficit✔X
Revenue exceeding the expenditure✔X
None of these✔X
100/100
The main feature of our new economic policy is
foreign investment✔X
foreign trade✔X
foreign technology✔X
foreign cosmetics✔X
This quiz has been created using the tool tnpsc Quiz Generator
For more test:-
INDIAN POLITY FREE ONLINE TEST-ATTEND
INDIAN HISTORY FREE ONLINE TEST-ATTEND
Tnpsc Unit 8&9-online test -ATTEND
We have to upload tnpsc online test series for tnpsc exams like Group 1, group2, group 4, TNUSRB constable and SI, TN Forest, Railway, Bank, All government exams. Make use of this tnpsc test series daily and this will surely helpful for your dreams to true.
All the best
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