Dear Readers,
As SSC GD/CPO/CHSL notification is out and candidates have started their preparation for this exam. Mahendras also has started special quizzes for this examination. This series of quizzes are based on the latest pattern of the SSC GD/CPO/CHSL examination. Regular practice of the questions included in the quizzes will boost your preparations, and it will be very helpful in scoring good marks in the examination.
Q.1 What will be the expanded form of GDP?
(a) Gross Domestic Product
(b) goods household products
(c) current household products
(d) none of these
Q.2 What does GNP stand for?
(a) Gross National Product
(b) Gramin Nisak Praman
(c) Gramin Nigam Parisad
(d) Gross National Produce
Q.3 How is Gross National Income or Net National Product calculated?
(a) NNP = G. N. P. – Depreciation
(b) NNP = G.D.P. - Tax
(c) NNP = G.N.P. + taxes
(d) NNP = G. N. P. + Depreciation
Q.4 Which of the following sectors of the economy has the highest share in India’s GDP?
(a) Manufacturing
(b) Industrial
(c) Agriculture
(d) Service
Q.5 Rate of the growth of an economy is measured in terms of_____.
(a) National Income
(b) Monthly family Income
(c) Number of people who have been lifted above the poverty line
(d) Industrial Development
Q.6 Which of the following term is used for the market value of all goods and services in a year by the workers in the economy and the proper supply by the residents of the country?
(a) GDP
(b) OMP
(c) GPN
(d) GNP
Q.7 Value of Total Goods and Services produced in a country is its________.
(a) Gross Domestic Product
(b) Gross Revenue Income
(c) Total Goods Revenue
(d) Total Income
Q.8 Which among the following is included in the gross domestic product?
(a) Sales of final goods
(b) Bartered goods and services
(c) Sale of used goods
(d) Transfer payments
Q.9 While calculating GDP, which among the following is not included?
(a) Final Goods
(b) Final Services
(c) Intermediate Goods
(d) None of These
Q.10 Which organization is responsible for calculating the GDP of India?
(a) Finance Ministry
(b) Chief Economic Advisor
(c) Central Statistical Office
(d) Reserve Bank of India
ANSWER-
Q.1. (a)
Q.2. (a)
Q.3. (a)
Q.4. (d)
Q.5. (a)
Q.6. (d)
Q.7. (a)
Q.8. (a)
Q.9. (c)
Q.10. (c)
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MAHENDRA GURU