SSC CHSL Previous Year Economics Questions download PDF based on previous year question paper of SSC exams. 20 Very important Previous Year Economics questions for SSC CHSL Exam.<\/p>\n
Download SSC CHSL Previous Year Economics Questions<\/a><\/p>\n\n Take a free mock test for SSC CHSL<\/a><\/p>\n Download SSC CHSL Previous Papers<\/a><\/p>\n Question 1:\u00a0<\/b>What does Individual Vulnerability refer to in Economics?<\/p>\n a)\u00a0The threat to Intellectual property<\/p>\n b)\u00a0The threat of Exploitation<\/p>\n c)\u00a0The threat to health<\/p>\n d)\u00a0The threat of poverty<\/p>\n Question 2:\u00a0<\/b>What does D stand for in NDTL used in economics?<\/p>\n a)\u00a0Demand<\/p>\n b)\u00a0Development<\/p>\n c)\u00a0Domestic<\/p>\n d)\u00a0Derivative<\/p>\n Question 3:\u00a0<\/b>Belief in the primary importance ofthe self, the virtues ofself-reliance and personal independenceis referred to as ………… in Economics.<\/p>\n a)\u00a0Federalism<\/p>\n b)\u00a0Frugalism<\/p>\n c)\u00a0Capitalism<\/p>\n d)\u00a0Individualism<\/p>\n Question 4:\u00a0<\/b>What is the term used in economics for the slightest movement in the price of a commodity in a financial market place?<\/p>\n a)\u00a0Utility<\/p>\n b)\u00a0Tick<\/p>\n c)\u00a0Penny<\/p>\n d)\u00a0Liquidity<\/p>\n Question 5:\u00a0<\/b>In economics, IIP stands for<\/p>\n a)\u00a0Index of Intermediary products<\/p>\n b)\u00a0Initial Industry price<\/p>\n c)\u00a0Initial Improvement of products<\/p>\n d)\u00a0Index of Industrial production<\/p>\n SSC CHSL PREVIOUS PAPERS<\/a><\/p>\n SSC CHSL Study Material<\/a> (FREE Tests)<\/p>\n Question 6:\u00a0<\/b>The branch of economics which concentrates on increasing output of goods and services, in the long run, is called?<\/p>\n a)\u00a0Free-market economics<\/p>\n b)\u00a0Demand side economics<\/p>\n c)\u00a0Micro economics<\/p>\n d)\u00a0Supply-side economics<\/p>\n Question 7:\u00a0<\/b>Micro-economics is also called __________<\/p>\n a)\u00a0Profit theory<\/p>\n b)\u00a0Loss theory<\/p>\n c)\u00a0Price theory<\/p>\n d)\u00a0Expenditure theory<\/p>\n Question 8:\u00a0<\/b>In terms of economics, if it is possible to make someone better-off without making someone worse-off, then the situation is<\/p>\n a)\u00a0Inefficient<\/p>\n b)\u00a0Efficient<\/p>\n c)\u00a0Optimal<\/p>\n d)\u00a0Pareto-superior<\/p>\n Question 9:\u00a0<\/b>Who is called the \u2018Father of Economics\u2019?<\/p>\n a)\u00a0Adam Smith<\/p>\n b)\u00a0Karl Marx<\/p>\n c)\u00a0Max Muller<\/p>\n d)\u00a0Winston Churchill<\/p>\n Question 10:\u00a0<\/b>Micro economics deals with<\/p>\n a)\u00a0the circular \ufb02ow of income<\/p>\n b)\u00a0the decision making of a single economic variable like demand<\/p>\n c)\u00a0understanding unemployment<\/p>\n d)\u00a0economic growth<\/p>\n SSC CHSL FREE MOCK TEST<\/a><\/p>\n Question 11:\u00a0<\/b>Macro economics deals with<\/p>\n a)\u00a0the circular flow of income<\/p>\n b)\u00a0the decision making of a single economic variable like demand<\/p>\n c)\u00a0resource allocation at firm level<\/p>\n d)\u00a0equilibrium prices and quantities<\/p>\n Question 12:\u00a0<\/b>In terms of the economics, the total value of the output (goods and services) produced and income received in a year by domestic residents of a country put together is called<\/p>\n a)\u00a0Net National Product<\/p>\n b)\u00a0Gross National Product<\/p>\n c)\u00a0Gross National Income<\/p>\n d)\u00a0National Income<\/p>\n e)\u00a0None of these<\/p>\n Question 13:\u00a0<\/b>Which of the following terms is used in economics to describe a situation where an inflation rate is high, the economic growth rate slows down, and unemployment remains steadily high?<\/p>\n a)\u00a0Devaluation<\/p>\n b)\u00a0Stagflation<\/p>\n c)\u00a0Depreciation<\/p>\n d)\u00a0Recession<\/p>\n e)\u00a0Depression<\/p>\n Question 14:\u00a0<\/b>Who amongst the following is a Nobel Laureate in Economics ?<\/p>\n a)\u00a0Kaushik Basu<\/p>\n b)\u00a0Subir Gokarn<\/p>\n c)\u00a0Dr. Amarlya Sen<\/p>\n d)\u00a0Montek Singh Ahluwalia<\/p>\n e)\u00a0C. Rangarajan<\/p>\n FREE SSC MATERIAL – 18000 FREE QUESTIONS<\/a><\/p>\n DOWNLOAD APP TO ACESSES DIRECTLY ON MOBILE<\/a><\/p>\n Answers & Solutions:<\/strong><\/span><\/p>\n 1)\u00a0Answer\u00a0(D)<\/strong><\/p>\n 2)\u00a0Answer\u00a0(A)<\/strong><\/p>\n 3)\u00a0Answer\u00a0(D)<\/strong><\/p>\n 4)\u00a0Answer\u00a0(B)<\/strong><\/p>\n 5)\u00a0Answer\u00a0(D)<\/strong><\/p>\n 6)\u00a0Answer\u00a0(D)<\/strong><\/p>\n 7)\u00a0Answer\u00a0(A)<\/strong><\/p>\n 8)\u00a0Answer\u00a0(D)<\/strong><\/p>\n 9)\u00a0Answer\u00a0(A)<\/strong><\/p>\n 10)\u00a0Answer\u00a0(B)<\/strong><\/p>\n GK Questions And Answers PDF<\/a><\/p>\n 11)\u00a0Answer\u00a0(A)<\/strong><\/p>\n 12)\u00a0Answer\u00a0(B)<\/strong><\/p>\n 13)\u00a0Answer\u00a0(B)<\/strong><\/p>\n 14)\u00a0Answer\u00a0(C)<\/strong><\/p>\n\n