Economics MCQS for CSEET

1. In which year was the National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) established? [A] 1958 [B] 1962 [C] 1949 [D] 1957 Answer: A [1958] Explanations : National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) is an apex organization of marketing cooperatives for agricultural produce in India, under the Ministry of Agriculture, Government…

Economics MCQ for CSEET

1.The base year for the calculation of all-India Index of Industrial Production (IIP) is:[A] 2004-05[B] 2005-06[C] 2010-11[D] 2011-12Correct Answer: D [2011-12]Notes:The CSO had revised the base year of the IIP from 2004-05 to 2011-12 in May 2017 to capture structural changes in economy and improves quality and representativeness of indices. The revised IIP (2011-12) reflects the…

VOCABULARY FOR CSEET – BUSINESS COMMUNICATION MCQ

1. RATIFY (VERB):   confirm Synonyms: approve, sanction Antonyms: reject Example Sentence: Both countries were due to ratify the treaty by the end of the year.  2. NEFARIOUS (ADJECTIVE): wicked Synonyms: evil, sinful Antonyms: good Example Sentence: The nefarious activities of the organized-crime syndicates.  3. HEGEMONY (NOUN):   leadership Synonyms: dominance, dominion Antonyms: self-government Example Sentence: Germany was united under Prussian hegemony after 1871.  4. ENORMITY (NOUN):  wickedness Synonyms: baseness, blackness Antonyms: goodness Example Sentence: The enormities of war are…

Famous slogans – CSEET, GK

Quit India                                                Mahatma Gandhi Do or Die ( Karo Ya Maro)                    Mahatma Gandhi Humne Ghutne Tekkar Roti Mangi Kintu Pathar Mile — Mahatma Gandhi Don’t Pay Tax (Kheda Satyagraha)     — Sardar Patel Tum Mujhe Khoon Do Main Tumhe Aajadi Dunga — Subhash Chandra Bose Dilli Chalo                           —–                 Subhash Chandra Bosh Vande Matram I Bow to Thee Mother!)  —- Bankim Chandra Chatterjee Jai Hind  —–   Subhash Chandra …

Vocabulary for CSEET Part 1

1. ASSERTIVE (ADJECTIVE): confident  Synonyms: forceful, self-confident  Antonyms: retiring  Example Sentence:  The job may call for assertive behavior.  2. SLOPPY (ADJECTIVE): careless  Synonyms: slapdash, slipshod  Antonyms: careful  Example Sentence:  We gave away a goal through sloppy defending.  3. THRIVE (VERB):  flourish  Synonyms: prosper burgeon  Antonyms: increase  Example Sentence:  Education groups tend to thrive on organization.  4.…

Vocabulary for CSEET

1. DISPUTE (VERB): challenge  Synonyms:contest, deny  Antonyms:accept  Example Sentence:  The accusations on him are entirely disputed.  2. HARROW (VERB): distress  Synonyms:trouble, afflict  Antonyms: calm  Example Sentence:  Rima could take it, whereas I’m harrowed by it.  3. URGE (VERB): encourage  Synonyms:enjoin, adjure  Antonyms:discourage  Example Sentence:  Drawing up outside the house, he urged her inside.  4. SEVERELY…

Market Structures – CSEET Economics MCQ

1.         Which of the following statements is true for both monopolistically competitive and oligopolistic industries? A)        It is impossible for new firms to enter the industries. B)        Collusion and the creation of cartels is common. C)        Producers cannot benefit from knowing other firms’ plans. D)        Firms have some degree of control over prices. 2.         Which…