JavaScript non è attivato nel tuo browser, pertanto questo file non può essere aperto. Attivalo e ricarica.
XII ECO TERM 1 R I
* Indica una domanda obbligatoria
Email
*
Il tuo indirizzo email
Q.1. Which of the following is/are advantage (s) of having sole authority of currency issue with Central Bank?
*
1 punto
Develops trust in the banking system.
Uniformity in currency issue
Management of money supply in the economy.
All of the above.
Q.2. If CRR IS 10% and SLR is 15% value of money multiplier will be:
*
1 punto
2
3
4
Can ‘t be determined
Q.3. In a government budget estimated receipts exceed estimated expenditures during a fiscal year, this situation can be used to deal with during a fiscal year., this situation can be used to deal with which of the following situation?
*
1 punto
Inflation
Deflation
Both (a) and (b)
Neither (a) nor (b)
Q.4. Balance of payment account is prepared on a ………..basis :
*
1 punto
Double accounting.
Double entry.
Quarterly.
Both (a) and (b)
Q.5. Export of Metro coaches to Australia will be recorded on ………… side of ………….. account of BOP.
*
1 punto
Credit, Current
Debit, Current
Credit, Capital
Debit, capital.
Q.6. Planned increase in the price of foreign currency in terms of domestic currency is termed as:
*
1 punto
Revaluation of domestic currency.
Devaluation of domestic currency.
Depreciation of foreign currency.
Appreciation of foreign currency.
Q.7. As and agreement with WHO conventions, India distributed free covid-19 vaccines to many third world countries. Which of the following type of expenditure is this?
*
1 punto
Revenue expenditure
Capital expenditure
Both (a) and (b)
Neither (a) nor (b)
Q.8. Choose the correct pair from given below:
*
1 punto
Option 1
Q.9. Rate the statements and choose the appropriate options given below:
Statement 1- Central bank as a Banker to the government function as a financial advisor.
Statement-2 All levels of government can keep banking relation with the central bank of the
Country.Alternatives:
*
1 punto
Statement 1 is true and Statement 2 false.
Statement 2 is true and statement 1 is false.
Both the statements are false.
Both the statements are true.
Q.10. What will be the impact on the overall money supply if government reduces income tax slabs?
*
1 punto
There will be more money supply in the economy
There will be less money supply in the economy.
There will be no impact on the money supply in the economy.
It depends upon the behaviour of the targeted population.
Q.11. Poor life expectancy during colonial rule can be attributed to:
*
1 punto
Poor heath care facilities.
Widespread famines
Lack of public investment.
All of the above.
Q.12, Which of the following are not a liberalization policy measures.
*
1 punto
Industrial sector reforms
Trade reform
Dis-investment
Financial sector reform
Q.13. Chgoose the incorrect pair from given below:
*
1 punto
A-(i)
B-(ii)
C-(iii)
D-(iv)
Q.14. Industries which can produce machine tools which are in turn used for producing articles for current consumption are called:
*
1 punto
Consumer goods industry.
Intermediate goods industry.
Capital goods industry.
Finished goods industry.
Q.15. Under ……….. farmers can pool their milk produced according to different grading (based on quality) and the same is processed through cooperatives.
*
1 punto
Operation flood
Operation Milk
Blue Revolution
Yellow Revolution
Q.16. Eradicating poverty through GDP growth focuses on ……………..
*
1 punto
Increasing production through Employment generation
Increasing production through Employment of new technology.
Increasing production through better utilization of resources.
Both (a) and (c)
Q.17. Human capital formation is a process of adding to existing stocks of skills and expertise .it is therefore called as…………. Concept.
*
1 punto
Stock
Flow
Liability
Can’t say.
Q.18. …………… is the process which includes all the activities from sowing till sale of the final produce in the market.
*
1 punto
Rural Development.
Agricultural Diversification.
Organic Farming.
None of the above.
Q.19. Read The following statements and choose the appropriate options given
Statement 1: Poverty line in India is defined as in terms of monetary values of the minimum
Nutritional (calorific) requirement of an individual in a day.
Statement 2: the definition of poverty line in monetary term has not changed over the years. Alternatives:
*
1 punto
Statements 1 is true and Statement 2 is false.
Statements 1 is true and Statement 1 is false.
Both the statements are false.
Both the statements are true.
Q.20 Golden Revolution aimed at increasing the production and productivity of ……………
*
1 punto
Milk
Wheat
Rice
Fruits and vegetables.
Q.21. When private sector does not find producing certain goods and services attractive production of such goods and services is taken by the government. This refers to the ………….. functions of government budget.
*
1 punto
Reducing inequalities of income and wealth
Balanced regional development.
Reallocation of resources.
Economic stability.
Q.22. Capital inflows and FDI have been done to cover up the current account deficit of BOP Are called ………… transactions.
*
1 punto
Autonomous Transactions.
Accommodating Transactions.
Official Exchange Transactions.
None of the above.
Q.23. Read the following statements and choose the appropriate options given below:Statement 1: Expenditure on education and health are key determinants if human capital formation.Statement 2: Human capital formation is an outgoing and a continuous process.Alternatives:
*
1 punto
Statements 1 is true and Statement 2 is false.
Statements 1 is true and Statement 1 is false.
Both the statements are false.
Both the statements are true.
Q.23A. Read the following statements and choose the appropriate options given below:Statement 1: Expenditure on education and health are key determinants if human capital formation.Statement 2: Human capital formation is an outgoing and a continuous process.Alternatives:
*
1 punto
Statements 1 is true and Statement 2 is false.
Statements 1 is true and Statement 1 is false.
Both the statements are false.
Both the statements are true.
Q.24. NABARD was set up in the year ……………..
*
1 punto
1972
1962
1982
1992
SECTION – B (Questions out of 24 questions to be attempted) Q.25. Choose the correct combination between the following columns:CODES:
*
1 punto
A- (iii) B-(iv) C-(i) D-(ii)
A-(ii) B-(iii) C-(i) D-(iv)
A-(iv) B-(ii) C-(iii) D-(i)
A-(i) B-(ii)C-(iii) D-(iv)
Q.26. Assertion (a) it is imperative for Indian economy to undertake measures which help promote the rural development. Reason (R) Almost two-third of India’s population depends on agriculture and nearly one-third of rural India lives under the trap of poverty.Alternatives
*
1 punto
Assertion (A) is true and Reason (R) is the correct reason of assertion (A)
Assertion (A) is true and Reason (R) is not correct reason of assertion (A)
Assertion is false but Reason is true
Assertion is false but Reason is false.
Q.27. Government has started levying education case of ---------------------------- on all union taxes.
*
1 punto
1%
2%
3%
4%
Q.28. World Bank in its report India and the knowledge economy – Leveraging strengths and opportunities advised India to make a transition to……………………
*
1 punto
Knowledge economy
agrarian economy
industrial economy
a mix of the above three
Q.29. Which of the following pair is incorrectly matched?
*
1 punto
Option 1
Q.30. …………… is the difference between the amount of loan taken and the value of collateral security.
*
1 punto
Margin requirements
Reserve requirements.
Rate of open Market.
None of the above.
Q31. Immediately after independence Indian Rupee was pegged to the
*
1 punto
Pound sterling
gold
US dollar
None of these
Q32. A direct tax cut in government budget helps to stimulate economic growth by:
*
1 punto
Increasing disposable income
Increasing production activity
Increasing demand
None of these
Both (a) and (c)
Q33. Planning in India started with a heavy reliance on the ……………….. sector.
*
1 punto
Public
Private
Both Public and Private.
None of these
Services
The restrictive policies of commodity production trade and tariff pursued by the colonial government adversely affected the structure composition and volume of India’s foreign trade. Consequently India became an exporter of primary products and an importer of inished consumes and capital goods like light machinery produced in the factories of Britain. The most important characteristic of India’s foreign trade throughout the colonial period was the generation of a large export surplus.Based on the passage above, answer the following questions: Q34. Assertion (a) India’s foreign trade maintained an export surplus throughout the colonial period but it didn’t benefit domestic economy. Reason (R) The export surplus was used to meet the war expenses incurred by colonial setup and import invisible items.Alternatives
*
1 punto
Assertion (A) is true and Reason (R) is the correct reason of assertion (A)
Assertion (A) is true and Reason (R) is not correct reason of assertion (A)
Assertion is false but Reason is true
Assertion is false but Reason is false.
Q35. British maintained ………………. Over India’s exports and Imports.
*
1 punto
Joint-ownership
Partnership
Monopoly control
none of the above
The Government’s approach to poverty reduction was of three dimensions. The first one is growth oriented approach . it is based on the expectation that the effects of economic growth-rapid Increase in GDP and per capita income-would spread to all sections of society and will trickle down to the poor sections also. This was the major focus of planning in the 1950 and early 1960s it was felt that rapid industrial development and transformation of agriculture through green revolution in selected regions would benefit the underdeveloped regions and the mote backward sections of the community Based on the passage above answer the following questions: Q36. Which of the following does not constitute the three dimensional approach towards poverty reduction?
*
1 punto
Growth oriented approach
Food for work approach
Basic amenities approach
Income oriented approach
Q37. Gross Domestic Product implies the market value of final goods and services produced in an economy during a given period of time. The given statemen is:
*
1 punto
True
False
Partially true
OPartially false.
Q38. Trickle-down theory suggests …………..
*
1 punto
Benefits of growth should reach all segments of population in the social Iadder.
Benefits of growth should reach only the poor
Benefits of growth should reach only the rich
None of the above
Q39. The HDI rank ofb India in 2020 is
*
1 punto
120
131
154
160
On the basis of the above-mentioned information answer the following questions; Q.40. ………………. Is the Apex Bank which coordinates the functioning of different financial constitutions working for expansion of rural credit.
*
1 punto
RBI
NABARD
CO-OPERATIVE CREDIT
All of the above
Q.41. The scheme of Micro-Finance is extended through
*
1 punto
Self-Help Groups
Land Development Banks
Regional Rural banks
Commercial Banks.
Q.42. On the basis of the given bar graph Demonetisation is viewed asva.
*
1 punto
Revenue Administration Measure.
Tax Administration measure
Performance Measures.
Q.43. Which pf the following figure represents the situation of churning poor?
*
1 punto
Figure A
Figure B
Figure C
Figure D
Q.44. Select the correct combination between the following columns:
*
1 punto
A
B
C
D
Q.45. Which among the following is incorrect with regard to the positive aspect of human capital formation?
*
1 punto
Improves technical knowledge.
Increases productivity.
Changes the social outlook
Increases the cost of production.
Q.46. Arrange the following events in chronological order in context of Indian economy and choose the correct alternative:
*
1 punto
a
b
c
d
Q.47. Post-independence the exchange rate was determined under:
*
1 punto
Fixed exchange rate system
Flexible exchange rate system
Managed floating system.
Q.48. The value of Fiscal Deficit is:
*
1 punto
Rs85,000
Rs65,000
Rs15,000
Rs1,20,000
Q.49. Calculate primary Deficit
*
1 punto
Rs10,000
Rs20,000
Rs30,000
Rs40,000
Q.50. Identify which of the following is not an example of capital expenditure.
*
1 punto
Expenditure on collection of taxes.
Construction of school buildings
Repayment of loans.
Expenditure on acquisitions of capital assets.
Q.51. Identify the correct formula to calculate Revenue deficit
*
1 punto
Total expenditure- total receipt (excluding borrowings)
Revenue expenditure + Capital expenditure – Revenue receipt
Revenue expenditure – Revenue Receipt
Capital expenditure-capital Receipt.
Q.52. Read the statements and choose the appropriate options given below Assertion (a) Primary deficit is a root cause of Fiscal deficit Reason (R) High primary deficit indicates that interest commitments on (earlier loans) have forced the government to borrow.Alternatives
*
1 punto
Assertion (A) is true and Reason (R) is the correct reason of assertion (A)
Assertion (A) is true and Reason (R) is not correct reason of assertion (A)
Revenue expenditure – Revenue Receipt
Assertion is false but Reason is false.
Q.53. Primary deficit can be zero if ………………………..
*
1 punto
Fiscal Deficit=Interest Payments
Fiscal Deficit<Interest Payments
Fiscal Deficit>Interest Payments
Revenue Deficit < Fiscal Deficit
Usually the economy of the country is based on who shall answer the questions like what to produce? How to produce? Whom to produce? Indian planners after independence were attracted to the socialist scheme as it gave an opportunity for all to grow. But they were not inclod towards the extreme from of socialism that was seen USSR where no private property is allowed and state control over all industries is seen. They wanted a mixed economy. the Idea of five year plans was taken from USSR but the Indian innovation to it was that the private sector too was included in it the focus of each plan was self-reliance equity growth modernization.Based on the passage above answer the following Questions Q.54. Which of the following is not a feature of Socialist Economy
*
1 punto
What to produce? How to produce? And for whom to Produce? Is decided by the government
Equal distribution of goods and services
Self interest is the primary objective
None of the above
Q.55. Equity aims to raise the:
*
1 punto
Standard of living of all peopl
Inequality in the distribution of wealth
Promote social justice
Both (a) and (c)
Q.56 ………… was set up in 1950.
*
1 punto
NITIAAYOG
Central Statistical Organisation.
Planning Commission
Non of the above.
Q.57. Atamnirbhar Campaign which was recently launched by Indian government aims to achieve ………… objectives of economic Planning.
*
1 punto
Self Reliance
Full Employment
Modernization
None of the above
Q.58. India borrowed the concept of five year Plans from ………….
*
1 punto
United states of America
Soviet Union
Germany
Japan.
Q.59. India adopted economic planning in 1950 because Indian economy on the eve of Independence was…………..
*
1 punto
Stagnant
Under developed
Both (a) and (b)
Neither (a) nor (b).
Invia
Pagina 1 di 1
Cancella modulo
Questi contenuti non sono creati né avallati da Google.
Segnala abuso
-
Termini di servizio
-
Norme sulla privacy
Moduli
