General Knowledge : Economics QUESTIONS AND ANSWERS :: part5 : 1 to 5
Following General Knowledge Multiple choice objective type questions and answers will help you in TRB, SSC and UPSC 2024 examinations :
1.Marxism is a movement of anti - exploitation. It accepts certain principles. Which of the following principles is correct ? |
Private ownership and control of key industries |
Social ownership of means of production and just distribution of suplus. |
Liberal democracy |
To give the incentive of private profit |
2.Which of the following statement is/are true of Socialism ?1. Socialism mans the common ownership and use of all the vital instruments of production.2. Socialism advocates the abolition of large - scale production.3. Socialism is the child of Industires Revolution. |
1 only |
3 only |
1 and 2 |
1 and 3 |
3.Which of the following is sociologically apt in describing the relations between the capitalists and workers ? |
Competition |
Mutual tolerence |
Harmony |
Conflicit of intersets |
4.Plan expenditure in India is met from |
Internal borrowing and other measures |
External aid from other countries |
External aid from IMF |
External aid and assistance from OECD countries |
5.Seasonal unemployment refers to |
Banks |
Agriculture |
Public Sector |
Private Sector |
More Economics QUESTIONS AND ANSWERS available in next pages
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