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SSC CGL (Tier-I) Exam: General Awareness: Economics - Free Online Test (Set-1)

Sep 6, 2016 09:07 IST

    Staff Selection Commission holds Combined Graduate Level Exam (CGL EXAM) for the recruitment to the different Group ‘B’ and Group ‘C’ posts. Economics is one the important section in General Awareness Section of the Question Paper. The candidates should have good knowledge of Basic Economy, National income and aggregates, Demand, Supply, Foreign Exchange, Economic Development, Balance of Payment and National and International Financial Institutions etc. Here, we provide Free Online Practice Set ON General Awareness: Economics to make the ease of students in cracking economics questions in exam.

    1. Human development index comprises literacy rate, life expectancy at birth and

    a) GDP at factor cost

    b) GDP per head at real purchasing power

    c) Standard of living measured by real GDP per capita

    d) GNP in US dollar

    Ans: c

    2. The most appropriate measure of a country’s economic growth is its:

    a) Per capita real income

    b) Gross domestic product

    c) Gross national product

    d) Net national product

    Ans: a

    3. In India, which institution estimates the National income:

    a) Indian statistical institute

    b) Central statistical organization

    c) Finance commission

    d) Planning commission

    Ans: b

    4. Millennium development goals are set for

    a) Developed countries

    b) Developing countries

    c) Least developed countries

    d) OECD countries

    Ans- b

    5. Which sector in India have largest contribution in national income?

    a) Service sector

    b) Industrial sector

    c) Manufacturing sector

    d) Agriculture sector

    Ans- a

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