Economics [CLAT (Common Law Admission Test) General-Knowledge(GK)]: Questions 1 - 6 of 150

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Question 1

Question MCQ▾

he aim of which of the Five Year Plans was to correct the disequilibrium in the economy?

Choices

Choice (4)Response

a.

First Five Year Plan

b.

Fourth Five Year Plan

c.

Second Five Year Plan

d.

Third Five Year Plan

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Question 2

Question MCQ▾

Which of the following is the basic characteristic of Oligopoly?

Choices

Choice (4)Response

a.

A few sellers, many buyers

b.

A few sellers, a few buyers

c.

A few sellers, one buyer

d.

Many sellers, a few buyers

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Question 3

Question MCQ▾

People belonging to what age group are eligible for training under TRYSEM scheme?

Choices

Choice (4)Response

a.

18 - 25

b.

25 - 40

c.

18 - 35

d.

18 - 50

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Question 4

Question MCQ▾

During which plan did prices show a decline?

Choices

Choice (4)Response

a.

Second

b.

Fifth

c.

Third

d.

First

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Question 5

Question MCQ▾

Persons below the poverty line in India are classified as such based on whether-

Choices

Choice (4)Response

a.

they are entitled to a minimum

b.

their daily wages fall below the prescribed minimum wages

c.

they are entitled to a minimum prescribed food basket

d.

they belong to agricultural labourer household and the scheduled caste/tribe social group

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Question 6

Question MCQ▾

According to the census in 2001, which city in India has the largest population?

Choices

Choice (4)Response

a.

Kolkatta

b.

Delhi

c.

Mumbai

d.

Chennai

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