Questions Asked in SSC CGL AAO (Paper IV) - 14 September 2019

By Rahul Chadha|Updated : September 14th, 2019

Questions Asked in SSC CGL AAO (Paper IV) - 14 September 2019. SSC has culminated the Tier-II exam process by conducting the last shifts today. SSC CGL AAO (Paper IV) was conducted from 10 AM to 12 PM. To help you know the nature & level of the questions, we are going to provide you with the actual questions asked in SSC CGL AAO Exam. These questions are also useful for students who are aspiring to become Assistant Audit Officer.

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Questions Asked in SSC CGL AAO (Paper IV) - 14 September 2019

  • In which Indian city, the first metro started its operations in 1984?  Kolkata
  • Because of price rigidity, firms under oligopoly face a  ________ demand curve?  Kinked Demand Curve
  • In Nov 2016, which was the first payment bank to run on a pilot basis. Airtel
  • Which committee was set up to estimate poverty? YK Alagh Committee (1979)
  • Which of the following is used to determine the economic development of a country? GDP
  • Formula of GNP? GDP+Net Factor Income From Abroad
  • In which month, FRBM act 2003 was implied by the parliament? President accent- 26 August 2003. The act became effective on 5 July 2004
  • What is the current SLR after decreasing it from as high as 39% in April 2019? 19.5%
  • Trademark is an example of which asset? Intangible asset
  • What is the fiscal deficit rate in 2019-20? Interim budget- 3.4% of GDP  Revised to 3.3% GDP
  • MRTP act was replaced by which act? Monopolies and Restrictive Trade Practices Act, 1969 (“the MRTP Act”) was replaced by the Competition Act, 2002
  • Who chaired the committee on poverty methodology estimation in 2005? Suresh Tendulkar
  • Definition of Elasticity of Demand?
  • Population growth was steady in which of the following periods? 1900 - 1921 (2) 1920 - 1951 (3) 1950 - 1981 Ans: 1920-1951
  • Mr Ajay’s account was debited by Rs. 495 instead of being credited by Rs. 459. What should be done for reconciliation?
  • A machine purchased for Rs. 10000 (scrap price = Rs 1000) is used for 10 years 1000 hours each. What is the depreciation per hour? 0.9
  • What is the slope of the demand curve? Negative
  • How can a  businessman find what his business owns and what it owes? From the Balance Sheet
  • Who said, “Economics is the science of wealth”? Adam Smith
  • If the proportional increase in output is less than the proportional increase in input. It is a ___ return? Diminishing return to a factor of Production
  • The maker of Bill of exchange? Drawer
  • Quantity supplied is related to _____if all the other factors are kept constant. Own Price of the Commodity
  • Under which section, the functions of CAG is defined? Article- 149
  • CAG audit report comes under which article of the constitution? Article- 151
  • Central Public Sector Enterprises (CPSE’s)- Indian Oil Corporation Limited(IOCL)and Steel Authority of India Limited(SAIL) has a status of _____? Maharatna
  • When was India - Australia open sky agreement signed? 19 June 2018
  • Punjab Gramin Bank, Malwa Gramin Bank and Sutlej Gramin Bank merger was effective from: 1st January 2019
  • Foreign Exchange Management Act, 1999 comes under which authority? RBI
  • What type of poverty is the following: Appear to be employed but in actual is unemployed or underpaid? Disguised Employment
  • What is the portal for companies to register their complaints? MCA 21

Since the level of the exam was Easy-Moderate, 70+ will be considered as good attempts with 90% accuracy.

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