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)