Economy

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Lorenz curve is a popular method to represent  .....  
Inequality of the wealth distribution.
yes
Unemployment.
no
Absolute poverty.
no
Rural-urban economic divide in a region.
no
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The monetary value of all final goods and services produced by the residents of a country in a year is......

Net National Product
no
Gross Domestic Product
no
Gross National Product
yes
Net Domestic Product
no
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The difference between total expenditure and total receipts is called.....  
Budget deficit
no
Revenue deficit
no
Primary deficit
no
Fiscal deficit
yes
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The allotment of Permanent Account Number was the recommendation of which committee?
Mahavir Tyagi Committee
yes
Narasimham Committee
no
L. K. Jha Committee
no
Rangarajan Committee
no
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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
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The first Finance Commission was chaired by........
K. C. Neogy
yes
K. C. Pant
no
K. Santhanam
no
A. M. Khusro
no
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What is the operational duration for 14th Finance Commission?
2014-2019
no
2013-2018
no
2012-2017
no
2015-2020
yes
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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
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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
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Which one of the following instruments is not used by RBI for credit control?
Bank rate
no
Statutory liquidity ratio
no
Cash reserve ratio
no
Prime lending rate
yes
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