NTSE SAT Economics Papers 03
NTSE SAT Economics Papers 03
This is NTSE SAT Economics Papers 03 .. There are 15 questions in this test with each question having around four answer choices.
Questions & Answers
1
National Development Council (NDC) was set up in the year:
- A1956
- B1991
- C2001
- D1952Correct
2
The currency of England is:
- ARubal
- BDollar
- CPoundCorrect
- DDinar
3
Mahatma Gandhi National Rural Employment Guarantee Scheme was started by:
- AGovernment of Kerala
- BGovernment of Bihar
- CGovernment of Maharashtra
- DGovernment of IndiaCorrect
4
Globalization policy was initiated by the Government of India in the year:
- A1977
- B1991Correct
- C1947
- D2001
5
Government of India enacted Consumer Protection Act in the year:
- A1951
- B1981
- C1986Correct
- D1991
6
The most important determinant of demand is _______________
- APriceCorrect
- BClimate
- CSupply
- DExpectation of future price rise
7
Air conditioner, Diamond jewels are examples of _______________ goods.
- AVery low priced
- BLuxuryCorrect
- CNecessary
- DComfort
8
If the price is greater than the equilibrium price, supply is _______________ the demand.
- ALess than
- BEqual to
- CGreater or equal to
- DMore thanCorrect
9
Generally in India, _____________ methods are used to arrive at the National income.
- AProduct and incomeCorrect
- BProduct, income and expenditure
- CIncome and expenditure
- DProduct and expenditure
10
_____________ comes under secondary sector.
- ATransport
- BInsurance
- CAgriculture
- DElectricityCorrect
11
In 1946, the features of Indian foreign policy was explained by
- ADr. B.R. Ambedkar
- BIndira Gandhi
- CLal Bahaddur Shasthri
- DPandit Jawaharlal NehruCorrect
12
The country helped India financially for economic development through five year plans
- ACanada
- BUSACorrect
- CRussia
- DChina
13
The type of Account preferably opened by Businessmen in a Bank is
- ACurrent AccountCorrect
- BTerm Deposit Account
- CSaving Bank Account
- DRecurring Deposit Account
14
All the Banking transactions in India is not controlled by
- AReserve Bank of India
- BMother
- CBankers Bank
- DIndian BankCorrect
15
The founder and Chairman of ‘Jet Airways' is
- AKiran Mazumdar Shah
- BDr. Prathap Reddy
- CNaresh GoyalCorrect
- DAzim Premji