Home > General Knowledge > Economics

Economics - Questions and Answers

Practice questions on Economics.

Ready to test your skills?

Take a timed mock test specifically for Economics.

Start Mock Test
416. Bank rate policy is a component of
A. Trade Policy
B. Fiscal Policy
C. Monetary Policy
D. None of these
Explanation:
417. Economic Planning refers to
A. The planning of manpower
B. The mobilisation of taxes
C. The allocation of resources
D. None of these
Explanation:
418. Doctrine of dialectical materialism was given by
A. Plato
B. Karl Marx
C. Max Weber
D. Adam Smith
Explanation:
419. The ""Kutir Jyoti"" proposal was made to provide electricity
A. to all homes of rural poor
B. to the urban poor free
C. to homes of rural poor families below the poverty line
D. to the urban poor at moderate rates
Explanation:
420. Which of the following statements is correct ?
A. Karl Marx wrote the book ""Das Kapital""
B. Socialism and Communism are synoymous.
C. Communist Manifesto was drafted by Karl Mars alone.
D. Under Communism, everyone gets according to his needs.
Explanation: