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Objective Questions

Latest NSCL Trainee Marketing Exam Question (Objective Questions), MCQ in English

Subjects : Marketing, General Knowledge, Computer Awareness, English, Quantitative Aptitude, Reasoning

Question Bank NSCL Trainee (Marketing) Exam - English
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Marketing

Question 1Single Answer
Which of the following is the law of demand?
  1. A
    As the price of a good increases, the quantity demanded increases.
  2. B
    As the price of a good decreases, the quantity demanded decreases.
  3. C
    As the price of a good increases, the quantity demanded decreases.
  4. D
    Price has no effect on demand.
Question 2Single Answer
What does the law of supply state?
  1. A
    The quantity supplied decreases as the price decreases.
  2. B
    The quantity supplied increases as the price decreases.
  3. C
    The quantity supplied increases as the price increases.
  4. D
    Supply is not influenced by price.
Question 3Single Answer
Elasticity of demand measures the responsiveness of:
  1. A
    Price to changes in supply.
  2. B
    Quantity demanded to changes in price.
  3. C
    Supply to changes in price.
  4. D
    Quantity demanded to changes in income.
Question 4Single Answer
When the price elasticity of demand is greater than 1, demand is:
  1. A
    Elastic
  2. B
    Inelastic
  3. C
    Unitary
  4. D
    Perfectly inelastic
Question 5Single Answer
If the price of a good increases and the quantity demanded decreases, the good is said to be:
  1. A
    Perfectly elastic
  2. B
    Perfectly inelastic
  3. C
    Elastic
  4. D
    Inelastic
Question 6Single Answer
Which of the following is a factor that can affect consumer behavior?
  1. A
    Consumer income
  2. B
    Price of substitute goods
  3. C
    Consumer preferences
  4. D
    All of the above
Question 7Single Answer
If the cross-price elasticity of demand is positive, the goods are:
  1. A
    Complements
  2. B
    Substitutes
  3. C
    Normal goods
  4. D
    Inferior goods
Question 8Single Answer
Which of the following factors does not affect supply?
  1. A
    Price of the good
  2. B
    Cost of production
  3. C
    Income of consumers
  4. D
    Technology
Question 9Single Answer
The total cost of production is calculated as:
  1. A
    Fixed cost + Variable cost
  2. B
    Marginal cost + Fixed cost
  3. C
    Average cost × Quantity produced
  4. D
    Total revenue - Total cost
Question 10Single Answer
The point at which the supply curve and demand curve intersect is known as:
  1. A
    Equilibrium price
  2. B
    Market clearing price
  3. C
    Both a and b
  4. D
    Market surplus
Question 11Single Answer
If demand is perfectly inelastic, the price elasticity of demand is:
  1. A
    Zero
  2. B
    One
  3. C
    Infinite
  4. D
    Less than 1
Question 12Single Answer
Which of the following is an example of a variable cost in agricultural production?
  1. A
    Land rent
  2. B
    Seeds
  3. C
    Machinery
  4. D
    Salaries of permanent workers
Question 13Single Answer
What is the marginal cost of production?
  1. A
    The total cost of producing one more unit
  2. B
    The cost of fixed inputs
  3. C
    The average cost of production
  4. D
    The cost of inputs at the equilibrium point
Question 14Single Answer
In the short run, a firm’s cost curve consists of:
  1. A
    Only fixed costs
  2. B
    Only variable costs
  3. C
    Both fixed and variable costs
  4. D
    Marginal cost only
Question 15Single Answer
Which of the following would shift the demand curve to the right?
  1. A
    An increase in the price of a complementary good
  2. B
    A decrease in consumer income
  3. C
    A decrease in consumer preferences for the good
  4. D
    An increase in consumer income
Question 16Single Answer
What does the concept of elasticity of supply refer to?
  1. A
    The responsiveness of quantity supplied to a change in price
  2. B
    The responsiveness of price to a change in quantity supplied
  3. C
    The effect of demand on price
  4. D
    The effect of cost on supply
Question 17Single Answer
What happens to the demand for a good if it has an elasticity greater than 1?
  1. A
    Demand is inelastic
  2. B
    Demand is elastic
  3. C
    Demand is unitary
  4. D
    Demand does not change
Question 18Single Answer
What is the primary objective of agricultural marketing?
  1. A
    To maximize consumer demand
  2. B
    To maximize farmers' profit by reducing cost
  3. C
    To ensure that goods reach the market at the lowest price
  4. D
    To help in the distribution of farm produce efficiently
Question 19Single Answer
If the income of consumers increases, what is likely to happen to the demand for normal goods?
  1. A
    Decrease
  2. B
    Increase
  3. C
    Stay the same
  4. D
    Become elastic
Question 20Single Answer
Which of the following is considered a fixed cost in agricultural production?
  1. A
    Seeds
  2. B
    Wages for seasonal workers
  3. C
    Rent for land
  4. D
    Water usage

General Knowledge

Question 21Single Answer
Yojna a weekly journal
  1. A
    Ministry of Finance        
  2. B
    Ministry of Information and Broadcastin
  3. C
    Ministry of Rural Development
  4. D
    Planning Commission
Question 22Single Answer
Kurukshetra a journal on rural development is published by
  1. A
    Ministry of Finance 
  2. B
    Ministry of Information and Broadcastin
  3. C
    Ministry of Rural Development
  4. D
    Planning Commission
Question 23Single Answer
Devaluation of a currency means
  1. A
    Fixing the value of the currency in conjuction with the movement in the value of a basket of predetermined currencies
  2. B
    Reduction in the value of a currency vis-à-vis major internationally traded currencies
  3. C
    Fixing the value of currency in multilateral consultaion with the IMF the World Bank and major trading partners
  4. D
    Permitting the currency to seek its worth in the international market
Question 24Single Answer
In India rural incomes are generally lower than the urban incomes, which of the following reasons account for this
            1. a large number of farmers are illiterate and know little about scientific agriculture
            2. prices of primary products are lower than those of manufactured products
            3. Investments in agriculture has been low when compared to investment in industry
  1. A
    1 and 3
  2. B
    2 and 3
  3. C
    1 and 2
  4. D
    1,2 and 3
Question 25Single Answer
Which of the following programmes aims at the promotion of savings among rural women
  1. A
    Rashtriya Mahila Kosh
  2. B
    Indira Mahila Yojna
  3. C
    Jawahar Rozgar Yojna
  4. D
    Mahila Samridhi Yojna
Question 26Single Answer
What is Net National Product
  1. A
    the money value of final goods and services produced annually in the economy
  2. B
    the money value of annual service generation in the economy
  3. C
    the money value of tangible goods produced annually in the economy
  4. D
    The money value of tangible goods available in the economy
Question 27Single Answer
National income is the 
  1. A
    net national product at market price
  2. B
    net national product at factor cost
  3. C
    net domestic product at market price
  4. D
    net domestic product at factor cost
Question 28Single Answer
Chelliah Committee of 1992 deals with the overhauling of our
  1. A
    financial system            
  2. B
    tax system
  3. C
    patents and copyrights  
  4. D
    Public sector undertakings
Question 29Single Answer
During which Five Year Plan was the annual growth rate of National Income the lowest
  1. A
    2nd plan
  2. B
    3rd plan
  3. C
    5th plan
  4. D
    6th plan
Question 30Single Answer
Which of the following taxes is a progressive tax
  1. A
    sales tax           
  2. B
    custom tax
  3. C
    excise tax         
  4. D
    income tax
Question 31Single Answer
What was launched by MoSPI on Statistics Day (July 1, 2026)?
  1. A
    New GDP series
  2. B
    Four SDG progress reports
  3. C
    Unemployment White Paper
  4. D
    Census 2026 preliminary data
Question 32Single Answer
Which ongoing regional crisis involves the Strait of Hormuz?
  1. A
    Red Sea shipping attacks
  2. B
    South China Sea dispute
  3. C
    Fuel and shipping disruptions linked to Iran-related tensions
  4. D
    Panama Canal blockage
Question 33Single Answer
What does e-Sushrut@Clinic HMIS target?
  1. A
    Pharmaceutical supply chain
  2. B
    Large corporate hospitals only
  3. C
    Veterinary services
  4. D
    Small clinics and healthcare facilities
Question 34Single Answer
What chatbot was launched for PM-JAY services?
  1. A
    Jan Aushadhi Bot
  2. B
    Arogya Mitra App
  3. C
    Health Connect Portal
  4. D
    Ayushman Sarathi WhatsApp chatbot
Question 35Single Answer
What is Project BRAHMANK associated with?
  1. A
    A new missile project
  2. B
    Border Roads Organisation (BRO) raising day in Arunachal Pradesh
  3. C
    A river-linking initiative
  4. D
    A space mission
Question 36Single Answer
What major disaster struck northwestern Venezuela in June 2026?
  1. A
    Volcanic eruption
  2. B
    Category 5 hurricane
  3. C
    Pair of powerful earthquakes
  4. D
    Massive tsunami
Question 37Single Answer
When and where did the FIFA World Cup 2026 begin?
  1. A
    July 1, 2026, in Europe
  2. B
    June 11, 2026, in North America
  3. C
    May 2026, in South America
  4. D
    August 2026, in Asia
Question 38Single Answer
What notable achievement did India record in the UN SDG Index around mid-2026?
  1. A
    Dropped out of top 50
  2. B
    Lowest rank in Asia
  3. C
    No change in ranking
  4. D
    Highest-ever rank
Question 39Single Answer
What is the primary purpose of the JANANI Digital Platform?
  1. A
    E-commerce for SHGs
  2. B
    Agricultural loan distribution
  3. C
    Digital education for rural areas
  4. D
    Maternal and Child Health tracking
Question 40Single Answer
In which state was a new natural gas reserve discovered, as highlighted in July 2026 current affairs compilations?
  1. A
    Gujarat
  2. B
    Maharashtra
  3. C
    Rajasthan
  4. D
    Andhra Pradesh
Question 41Single Answer
On what date did India celebrate the 9th anniversary of the Goods and Services Tax (GST) implementation?
  1. A
    July 1, 2026
  2. B
    June 30, 2026
  3. C
    July 2, 2026
  4. D
    June 29, 2026
Question 42Single Answer
What reform was implemented in GST 2.0 (effective from September 2025)?
  1. A
    Removal of all cesses
  2. B
    Single 12% slab
  3. C
    Primarily two tax slabs of 5% and 18%
  4. D
    Only state-level taxation
Question 43Single Answer
Which health initiative's operational guidelines were unveiled by the Union Health Ministry around July 1, 2026?
  1. A
    Universal Health Coverage
  2. B
    Ayushman Bharat expansion only
  3. C
    TB-free India 2030
  4. D
    National Ambulance Services 2026
Question 44Single Answer
Where was the GCC Conclave on Innovation 2026 held?
  1. A
    Bengaluru
  2. B
    New Delhi
  3. C
    Mumbai
  4. D
    Hyderabad
Question 45Single Answer
What was the rainfall deficit in India for June 2026, described as the driest in over a century?
  1. A
    20% below average
  2. B
    39.8% below average
  3. C
    15% above average
  4. D
    Normal rainfall
Question 46Single Answer
What significant political change occurred in South Korea on July 1, 2026?
  1. A
    New Prime Minister Han Seong-sook took office
  2. B
    Presidential elections were held
  3. C
    Parliament was dissolved
  4. D
    King was crowned
Question 47Single Answer
Which initiative was launched at the Rashtriya Gramin Vikas Sammelan 2026 for rural women SHGs?
  1. A
    Lakhpati Didi App
  2. B
    Digital India Rural Scheme
  3. C
    PM Kisan Drone Yojana
  4. D
    SARAS Shakti Collection and Coffee Table Book
Question 48Single Answer
What major merger was approved by the boards of PFC and REC Limited on June 30, 2026?
  1. A
    Merger with SBI
  2. B
    Merger into a single power financing entity
  3. C
    Merger with NTPC
  4. D
    Merger with IREDA
Question 49Single Answer
Who became India's 97th Chess Grandmaster in late June 2026?
  1. A
    Gukesh D
  2. B
    Praggnanandhaa R
  3. C
    Harshavardhan G.B.
  4. D
    Arjun Erigaisi
Question 50Single Answer
Which global event is India participating in with Sweden as a partner?
  1. A
    Venus Orbiter Mission 'Shukrayaan'
  2. B
    Chandrayaan-4
  3. C
    Gaganyaan crewed mission
  4. D
    Mars Orbiter Mission-2
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