SSC STENOGRAPHERS (GRADE C&D) TOPIC WISE QUESTION PAPER : ECONOMICS

1. All economic goods are considered are ................in economics. (SSC Steno. 2013)

(a) Wealth
(b) Money
(c) Capital
(d) Materials

ANS (D)

2. Total demand for goods and services at various levels of employment is called as (SSC Steno. 2013)

(a) Effective demand
(b) National demand
(c) Market Demand (d) Employment demand

ANS (C)

3. Relationship between price of related goods and quantity of a particular commodity is called as (SSC Steno. 2013)

(a) Income - demand
(b) Market - demand
(c) Cross - demand
(d) Price - demand

ANS (C)

4. Devaluation means (SSC Steno. 2014)

(a) reduction in the external value of currency
(b) fall in valuation of the essentials in an economy
(c) depreciation of the fixed assets
(d) increase in the currency value in terms of foreign currency

ANS (A)

5. Disguised unemployment means (SSC Steno. 2014)

(a) willing to work and not getting the work
(b) not getting work on all days
(c) insufficiency of capital structure to absorb the large force
(d) more people working, than required

ANS (B)

6. The '3 B 's' - brokers, bankers and businessmen were responsible for (SSC Steno. 2014)

(a) The Great Depression
(b) Russian Revolution
(c) French Revolution
(d) First world war

ANS (A)

Printed Study Kit for SSC Stenographers (Grade ‘C’ & ‘D’) Examination (Paper -1)

एसएससी स्टेनोग्राफर ग्रेड - सी & डी पेपर - 1 परीक्षा ​​अध्ययन सामग्री (Paper - 1)

7. ATM means (SSC Steno. 2014)

(a) All Time Money
(b) Automatic Teller Machine
(c) Automated Teller Machine
(d) Any Time Money

ANS (C)

8. Which market forms allow free entry and exit of firms? (SSC Steno. 2014)

(a) Perfect and Monopolistic
(b) Perfect and Oligopoly
(c) Oligopoly and Monopoly
(d) Monopoly and Monopolistic

ANS (A)

9. GNP differs from NNP due to (SSC Steno. 2014)

(a) net indirect taxes
(b) Direct taxes
(c) interest on public debt
(d) Depreciation

ANS (D)

10. Which one of the following is an example of joint supply? (SSC Steno. 2014)

(a) Petrol and Bus
(b) Ink and Fountain pen
(c) Sugar and Coffee
(d) Wool and Cotton

ANS (D)

11. Who fixes the REPO rate in India ? (SSC Steno. 2016)

(a) WTO - World Trade Organization
(b) SEBI - Securities and Exchange Board of India
(c) RBI - Reserve Bank of India
(d) IMF - International Monetary Fund

ANS (C)

12. An indirect instrument of monetary policy is (SSC Steno. 2016)

(a) Open market operations
(b) Statutory liquidity ratio
(c) Bank rate
(d) Cash reserve ratio

ANS (A)

13. One of the following is NOT a component of foreign exchange reserves in India (SSC Steno. 2016)

(a) Gold stock of RBI
(b) SDR holdings of government
(c) Foreign exchange assets of RBI
(d) Foreign exchange assets of government

ANS (C)

14. The market system in which there are only two buyers facing a large number of sellers is called (SSC Steno. 2016)

(a) monopsony
(b) duopsony
(c) duopoly
(d) oligopoly

ANS (C)

15. 'Investing opportunities model' was proposed by (SSC Steno. 2016)

(a) Revenstein
(b) Davis
(c) E.S. Lee
(d) S.A. Stouffer

ANS (D)

Printed Study Kit for SSC Stenographers (Grade ‘C’ & ‘D’) Examination (Paper -1)

एसएससी स्टेनोग्राफर ग्रेड - सी & डी पेपर - 1 परीक्षा ​​अध्ययन सामग्री (Paper - 1)