Economy

Sort Difficulty Level: Entry Level | Moderate | Difficult
A currency which is not convertible in other currencies and the value is expected to fall in terms of other currencies is known as  ............ 
Reserve currency
no
Hard currency
no
Under-valued currency
no
Soft currency
yes
Show Answer
What is the operational duration for 14th Finance Commission?
2014-2019
no
2013-2018
no
2012-2017
no
2015-2020
yes
Show Answer
Which one of the following taxes is not imposed by the Central Government in India?  
Income tax
no
Corporation tax
no
Commercial tax
yes
Service tax
no
Show Answer
A situation where a country suffers simultaneously from high inflation and high unemployment rate is called as.......
Stagflation
yes
Inflation
no
Stagnation
no
Deflation
no
Show Answer
In India, how many items are in the Wholesale Price Index at present?
432
no
676
yes
555
no
565
no
Show Answer
Currently what is the base year for Wholesale Price Index in India?
1990-00
no
2000-01
no
2004-05
yes
2009-10
no
Show Answer
Which one of the following money supply indicators is the most liquid measure of money supply? 
M1
yes
M3
no
M2
no
M4
no
Show Answer
Export-Import Bank of India is the premier export finance institution of the country. It was established in........
1981
no
1982
yes
1990
no
1988
no
Show Answer
The rate at which the central bank lends short-term money to the banks against securities is known as........
Repo rate
yes
Bank rate
no
Reverse repo rate
no
Prime lending rate
no
Show Answer
Which one of the following instruments is not a part of money market?
Commercial Paper
no
Certificates of Deposit
no
Treasury bills
no
Debentures
yes
Show Answer