48000+ Free MCQs with Answers for SSC - Department 104

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Learn SSC MCQs with answers [Page 1 of Department 104]

K

Kirti • 10.37K Points
Tutor II Economic

1) Which of the following is/are the functions of the National Development Council of India?
1.Separation of provincial budgets from the central budget for the first time
2.Introduction of portfolio system in the Executive
3.Establishment of a Federal public service commission Which of the systems given above is correct:

(A) 1 only
(B) 1, 2 and 3
(C) 2 only
(D) 3 only
Correct Answer - Option (B)

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K

Kirti • 10.37K Points
Tutor II Economic

3) Which of following are reasons for India's twin balance sheet problem?
1.Under Containment scenario, Economy grows with improvement in cash flows to stressed companies so that they can service debts
2.Under Phoenix scenario, NPAs are limited to a small proportion of the GDP and GDP growth is increased. In this way problem is not solved but fades in importance 
Identify the correct statements: Codes:

(A) 2 & 3 only
(B) 2 & 1 only
(C) All are correct
(D) None are correct
Correct Answer - Option (C)

No Explanation found. Add Explanation and get +2 points.

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K

Kirti • 10.37K Points
Tutor II Economic

5) Why is the offering of 'teaser loans'' by commercial banks a cause of economic concern?
1.The teaser loans are considered to be an aspect of sub-prime lending and banks may be exposed to the risk of defaulters in future.
2.In India, the teaser loans are mostly given to inexperienced entrepreneurs to set up manufacturing or export units. 
Which of the statements given above is/are correct?

(A) 2 only
(B) Both 1 and 2
(C) 1 only
(D) Neither 1 nor 2
Correct Answer - Option (C)

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G

Gaurav Lamba • 2.83K Points
Extraordinary Math

9) A person invests money in three different schemes for 6 years, 10 years and 12 years at 10%, 12% and 15% simple interest respectively. At the completion of each scheme, he gets the same interest. The ratio of his investment is = ?

(A) 6 : 3 : 2
(B) 2 : 3 : 4
(C) 3 : 4 : 6
(D) 3 : 4 : 2
Correct Answer - Option (A)

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