Economics Practice Questions Set 14
For India's Top Government Exams
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The monetary policy in India uses which of the following tools?
1. Bank rate
2. Open market operations
3. Public debt
4. Public revenue
Select the correct answer using the code given below.
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1 point
Arrange the following events in sequential order as they happened in India :
1. Mahalanobis Model
2. Plan Holiday
3. Rolling Plan
Select the correct answer using the code given below.
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1 point
The Reserve Bank of India has recently constituted a high-level task force on Public Credit Registry (PCR) to suggest a road map for developing a transparent, comprehensive, and near-real-time PCR for India. The task force is headed by ___
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1 point
Which of the following indicators has been used by the World Economic Forum to calculate Global Competitiveness Index for 2016-2017?
1. Efficiency enhancer subindex
2. Innovation and sophistication factors subindex
3. Life expectancy enhancer subindex
Select the correct answer using the code given below.
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1 point
Who among the following scholars argued that “capital created underdevelopment not because it exploited the underdeveloped world, but because it did not exploit it enough”?
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1 point
Match List-l with List-ll and select the correct answer using the code given below the Lists :
List-l
(Type of Deficit)

A. Fiscal Deficit
B. Revenue Deficit
C. Effective Revenue Deficit
D. Primary Deficit
List-ll
(Explanation)

1. Total Expenditure — Revenue Receipts & Non-debt Capital Receipts
2. Revenue Expenditure — Revenue Receipts
3. Revenue Deficit — Grants for Creation of Capital Assets
4. Fiscal Deficit — Interest Payments
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1 point
Devaluation of currency will be more beneficial if the prices of
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1 point
Which one of the following is not an exclusive right of the concerned coastal nations over the Exclusive Economic Zone (EEZ)?
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1 point
In India, the base year of the new GDP series has been shifted from 2004-05 to ___
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1 point
Which one of the following statements about Exchange-Traded Fund (ETF) is not correct?
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1 point
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