Economics Practice Questions Set 3

JavaScript isn't enabled in your browser, so this file can't be opened. Enable and reload.

For India's Top Government Exams

Email *

Which of the following measures should be taken when an economy is going through inflationary pressures?

1. The direct taxes should be increased.
2. The interest rate should be reduced.
3. Public spending should be increased.
Select the correct answer using the codes given below

1 point

Only 1

Only 2

2 and 3

1 and 2

Fiscal Policy in India is formulated by
*

1 point

the Reserve Bank of India

the Planning Commission

the Finance Ministry

the Securities and Exchange Board of India

Which of the following statements is/are correct?

1. If a country is experiencing an increase in its per capita GDP, its GDP must necessarily be growing.
2. If a country is experiencing negative inflation its GDP must be decreasing.
Select the correct answer using the codes given below

1 point

Only 1

Only 2

Both 1 and 2

Neither 1 nor 2

Which of the following are responsible for the decrease of per capita holding of cultivated land in India?

1. Low per capita income.
2. Rapid rate of increase of population.
3. Practice of dividing land equally among the heirs.
4. Use of traditional techniques of plowing.
Select the correct answer using the codes given below

1 point

1 and 2

2 and 3

1 and 4

2, 3 and 4

When the productive capacity of the economic systems of a state is inadequate to create a sufficient number of jobs, it is called
*

1 point

seasonal unemployment

structural unemployment

disguised unemployment

cyclical unemployment

National income ignores
*

1 point

sales of a firm

salary of employees

exports of the IT sector

sale of land

Which of the following statements is/are correct?

1. NIFTY is based upon 50 firms in India.
2. NIFTY is governed and regulated by the Reserve Bank of India.
3. NIFTY does not trade in mutual funds.
Select the correct answer using the codes given below

1 point

Only 1

Only 2

Only 3

1 and 3

Consider the following statements

1. High growth will lead to inflation.
2. High growth will lead to deflation.
Which of the statements given above is/are correct?

1 point

Only 1

Only 2

Both 1 and 2

Neither 1 nor 2

Statement I: Deficit financing does not lead to inflation if adopted in small doses.
Statement ll: Deficit financing is an often used tool for financing budgetary deficits. *

1 point

Both the statements are individually true and Statement ll is the correct explanation of Statement l

Both the statements are individually true, but Statement ll is not the correct explanation of Statement l

Statement l is true, but Statement ll is false

Statement l is false, but Statement ll is true

In the parlance of financial investment, the term bear denotes
*

1 point

an investor, who feels that the price of a particular security is going to fall

an investor, who expects the price of a particular share to rising

a shareholder, who has an interest in a company, financially or otherwise

any lender, whether by making a loan or buying a bond

Send me a copy of my responses.

Submit

Clear form

reCAPTCHA

Privacy Terms

This content is neither created nor endorsed by Google. Report Abuse - Terms of Service - Privacy Policy

Forms