Kerala PSC Economics Questions and Answers

This page contains Kerala PSC Economics Questions and Answers for psc exam preparations in Malayalam and English.

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1. The idea of commonwealth was first given by

Answer: D.R. Gadgil

2. സാമ്പത്തിക ശാസ്ത്രത്തില്‍ നോബല്‍ സമ്മാനം നേടിയ ഇന്ത്യക്കാരന്‍

Answer: ഡോ അമര്‍ത്യ സെന്‍

3. ദാരിദ്ര നിര്‍മാര്‍ജത്തിന് ഊന്നല്‍ നല്‍കിയ പഞ്ചവല്‍സര പദ്ധതി

Answer: അഞ്ചാം പഞ്ചവല്‍സര പദ്ധതി

4. Who is the chairperson of the 14th Finance Commission

Answer: Y V Reddy

5. റിസര്‍വ്വ് ബാങ്ക് ഒാഫ് ഇന്ത്യയുടെ ഇപ്പോഴത്തെ ഗവര്‍ണര്‍ ?

Answer: ശക്തികാന്ത ദാസ്

6. . Around how many countries adopted GST?

Answer: 160

7. The tax IGST charged by _________Government.

Answer: Central

8. Coal comes from which rate Structure?

Answer: 12%

9. ‘Supernormal’ profit may exist in a market due to—

Answer: Asymmetry of information

10. Profit is caused by—

Answer: All of the above

11. Uruguay Round of multilateral trade negotiations—

Answer: All of the above

12. Product Cycle Model in international trade theory (Vernon, 1966)—

Answer: None of these

13. Insurance density is defined as the—

Answer: Ratio of premium underwritten in a year to total population

14. .India borrowed the concept of five year plan from

Answer: Russia

15. In financial system money market deals with

Answer: Short Term Capital

16. Kerala state planning board was formed in

Answer: 1967

17. Number of Nationalised bank in India ?

Answer: 19

18. Who was the chairman of National Income Committee appointed by the government of India in 1949?

Answer: P. C. Mahalanobis

19. Meaning of ‘Laissez Faire’

Answer: Non Interference by the government in market

20. GST നടപ്പിലാക്കിയ ഇന്ത്യയിലെ ആദ്യത്തെ സംസ്ഥാനം

Answer: ആസാം

Click here to read PSC Question Bank by Category wise. Click here to Test your knowledge by atteneding Quiz.