Economy

Sort Difficulty Level: Entry Level | Moderate | Difficult
With reference to Balance of Payments, which of the following constitutes/constitute the Current Account?

1. Balance of trade
2. Foreign assets
3. Balance of invisibles
4. Special Drawing Right

Select the correct answer using the code given below.
1 only
no
2 and 3
no
1 and 3
yes
1, 2 and 4
no
Show Answer
Which one of the following groups of items is included in India’s foreign-exchange reserves?
Foreign-currency assets, Special Drawing Rights (SDRs) and loans from foreign countries
no
Foreign-currency assets, gold holdings of the RBI and SDRs
yes
Foreign-currency assets, loans from the World Bank and SDRs
no
Foreign-currency assets, gold holdings of the RBI and loans from the World Bank
no
Show Answer
The Multi-dimensional Poverty Index developed by Oxford Poverty and Human Development Initiative with UNDP support covers which of the following? 
1. Deprivation of education, health, assets and services at household level 
2. Purchasing power parity at national level 
3. Extent of budget deficit and GDP growth rate at national level
1 Only
yes
2 & 3 Only
no
1 & 3 Only
no
1, 2 & 3
no
Show Answer
Which of the following would include Foreign Direct Investment in India? 
1. Subsidiaries of foreign companies in India 
2. Majority foreign equity holding in Indian companies 
3. Companies exclusively financed by foreign companies 
4. Portfolio investment 

Select the correct answer using the codes given below:

1, 2, 3 & 4
no
2 & 4 Only
no
1 & 3 Only
no
1, 2 & 3 Only
yes
Show Answer
Which of the following grants/grant direct credit assistance to rural households?

1. Regional Rural Banks
2. National Bank for Agriculture and Rural Development
3. Land Development Banks

1 and 2 only
no
2 only
no
1 and 3 only
yes
1, 2 and 3
no
Show Answer
Under which of the following circumstances 'capital gains' arise?

1. When there is an increase in the sales of a product 
2. When there is a natural increase in the value of the property owned 
3. When you purchase a painting and there is a growth in its value due to increase in its popularity 

Select the correct answer using the codes given below:

1 Only
no
2 & 3 Only
yes
2 Only
no
1, 2 & 3 Only
no
Show Answer
In India, in the overall Index of Industrial Production, the Indices of Eight Core Industries have a combined weight of 37.90%. Which of the following are among those Eight Core Industries?

1. Cement 
2. Fertilizers 
3. Natural gas 
4. Refinery products 
5. Textiles 

Select the correct answer using the codes given below:
1 & 5 Only
no
2, 3 & 4 Only
no
1, 2, 3 & 4 Only
yes
1, 2, 3, 4 & 5
no
Show Answer
Which type of unemployment is predominantly found in Agriculture Sector?
Structural Unemployment
no
Frictional Unemployment
no
Disguised Unemployment
yes
Cyclical Unemployment
no
Show Answer
On the basis of the recommendations of both the Gadgil Study Group and Banker’s Committee, Reserve Bank Of India introduced the ‘Lead Bank Scheme’.  The banker’s Committee is also known as........ 
Narasimhan Committee
no
Nariman Committee
yes
Kamaraj Committee
no
Santhanam committee
no
Show Answer
The first Finance Commission was chaired by........
K. C. Neogy
yes
K. C. Pant
no
K. Santhanam
no
A. M. Khusro
no
Show Answer

Articles

Advertisement