Saturday 12 July 2014

TNPSC Group I Exam-Previous Year Question Paper-Subject wise Analysed Questions-Economics-Part 4

 TNPSC Group I Exam-Previous Year Question Paper-Subject wise Analysed Questions-Economics-Part 4

76.       The period of Eighth Five year Plan is
            A)        1992 - 97                   B)        1990 - 95
C)        1991 - 96                   D)        1993 - 98







            Answer : (A)







77.       UTI is associated with
            A)        Regulating Foreign Exchange Transactions
B)        Foreign Trade
C)        Road Transport
D)        Investment Trust







            Answer : (D)







78.       Environomics deals with inter-relationship between environment and
            A)        Economy                     B)        Development
C)        Energy                          D)        Resources







            Answer : (A)







79.       Food for Work Programme was introduced during the
            A)        Fourth plan                  B)        Fifth plan
C)        Sixth plan                   D)        seventh plan







            Answer : (D)







80.       The State where most people are living below poverty line is
            A)        Uttar Pradesh                       B)        Tamil Nadu
C)        Orissa                                    D)        Bihar







            Answer : (D)







81.       The Reserve Bank of India was started in the year
            A)        1932                           B)        1935
C)        1945                           D)        1950







            Answer : (B)







82.       Consider the following statements:
            I.          Profit is the reward for uncertainty bearing
            II.         Profit is the reward for risk bearing
            III.        Profit is the reward for capital
            IV.       Profit is the reward for labour

            Of the statements :
            A)        I alone is correct
            B)        I and II are correct
            C)        I, II and III are correct
            D)        All are correct







            Answer : (D)







83.       NABARD is a
            A)        Bank                       B)        Bureau
C)        Board                     D)        Department







            Answer : (A)







84.       Match List I with List II and select the correct answer using the codes
given below
                        List I                               List II
            a)         Adam Smith              1.  Scarcity
            b)         Marshall                     2.  Growth
            c)         Robbins                     3.  Welfare
            d)         Samuelson               4.  Wealth

            Codes :
                        a          b          c          d
            A)        4          3          1          2
            B)        3          4          2          1
            C)        2          1          3          4
            D)        1          2          4          3







            Answer : (A)







85.       Barter system means
            A)        Direct exchange of goods for goods       
            B)        Direct exchange of gold
C)        Indirect exchange of goods
D)        Indirect exchange of gold







            Answer : (A)







86.       Which one of the following is correctly matched?
            A)        Ist Plan                       -  1952-57
B)        IIIrd Plan                    -  1964-69                             
C)        VIth Plan                   -  1981-86
D)        VIIIth Plan                 -  1992-97







            Answer : (D)







87.       TRYSEM deals with the training of
            A)        Young scientists for employment
B)        Rural youth for self-employment
C)        Young students for employment
D)        Young women for employment







            Answer : (B)







88.       A certain percentage of the sum assured is paid periodically according
            to the terms of the policy
            A)        Endowment life policy                   
            B)        Term policy
C)        Money back policy
D)        Group insurance policy







            Answer : (C)







89.       Which of the following is correctly matched?
            A)        Debenture                                -  Interest
B)        Share                                        -  Sole trader
C)        Deposit receipt                        -  Dividend
D)        Demand Promissory Note     -  Share Warrant






                       
            Answer : (A)







90.       Overdraft facility is available for those who have
            A)        Saving Bank Account
B)        Fixed Deposit
C)        Current Account
D)        Recurring Deposit







            Answer : (C)







91.       The part of capital which is not represented by assets is called
            A)        Fixed capital                         B)        Working capital
C)        Watered capital                    D)        None of these






                       
            Answer : (B)







92.       Custodian of foreign exchange is
            A)        Foreign Exchange Bank
B)        State Bank of India
C)        Foreign Bank
D)        Reserve Bank of India






                       
            Answer : (D)







93.       State Bank of India was nationalized in the year
            A)        1947                                       B)        1955
C)        1950                                       D)        1960






                       
            Answer : (B)







94.       Single entry system of book keeping means
            A)        making entry for one aspect of a transaction                 
B)        making entry for both aspects of a transaction
C)        incomplete double entry
D)        none of these
           





           
            Answer : (A)






95.       The closing stock should be valued at
            A)        Cost price
B)        Market price
C)        Cost price or Market price whichever is lower
D)        None of these






                       
            Answer : (C)







96.       Equity shareholders are the company’s
            A)        Owners                      B)        Creditors
C)        Customers                 D)        None of these






                       
            Answer : (A)







97.       The relationship between the consignor and the consignee is that of
            A)        Principal and Agent
            B)        Debtor and Creditor
C)        Buyer and Seller
D)        None of these
           





           
            Answer : (A)







98.       Consider the following statements:
            I.          Bank accepts deposit
            II.         Bank issues loans and advances
            III.        Bank is one of the financial institutions
            IV.       Banks are working under the direction of the R.B.I.

            Of the statements:
A)        I alone is correct                              
B)        I and II are correct
C)        I, II and III are correct
D)        All are correct






                       
            Answer : (D)







99.       The document which authorizes to release of a portion of goods from the warehouse is called
            A)        Delivery order
            B)        Warehouse keeper’s receipt
C)        Warehouse keeper’s warrant
D)        Railway receipt






                       
            Answer : (C)







100.    The maximum number of partners allowed in a banking business is
            A)        10                                            B)        20
C)        30                                            D)        50






                       

            Answer: (A)

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