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- Question
What is the India?s GDP growth predict for Financial Year 2017-18, according to the Economic Survey of India (ESI) 2016-17 ?
Options- A. 6.25 % to 7.5%
- B. 6.55 % to 7.25%
- C. 6.55 % to 7.5%
- D. 6.75 % to 7.5%
- Correct Answer
- 6.75 % to 7.5%
ExplanationThe Economic Survey for 2016-17, which is recently tabled by Finance Minister Arun Jaitley in Parliament, has expected India?s GDP growth estimation to be in 6.75 % to 7.5% for Financial Year 2017-18.
- 1. Fiscal Policy is concerned with
Options- A. Government Spending and Taxation
- B. Money Supply
- C. Government Spending, Money Supply and Taxation
- D. Taxation Discuss
- Monetary policy is primarily concerned with the management of interest rates and the total supply of money in circulation and is generally carried out by central banks
- Fiscal policy is the collective term for the taxing and spending actions of governments.
- 2. The term 'mixed economy' denoted
Options- A. existence of both rural and urban sectors
- B. existence of both private and public sectors
- C. existence of both heavy and small industries
- D. existence of both developed and underdeveloped sectors Discuss
- 3. The 'IFSC Code' is an alphanumeric code comprising 11 characters that facilitates Electronic Fund Transfer in the country. The alphabet 'F' in the abbreviation 'IFSC' stands for ?
Options- A. Fund
- B. Fast
- C. Financial
- D. First Discuss
- 4. Which company has overtaken Oil and Natural Gas Corp (ONGC) to become India?s most profitable state-owned company ?
Options- A. Indian Oil Corporation
- B. SAIL
- C. Hindustan Petroleum
- D. GAIL Discuss
- 5. Who said 'Supply creates its own demand' ?
Options- A. Marshall
- B. Ricardo
- C. Adam Smith
- D. J. B. Say Discuss
- 6. The term stagflation refers to a situation where ?
Options- A. Growth has no relation with the change in prices
- B. Rate of growth is faster than the rate of price increase
- C. Rate of growth is slower than the rate of price increase
- D. Rate of growth and prices both are decreasing Discuss
- 7. India has been ranked ___ in terms of competitiveness in the annual rankings compiled by Institute for Management Development.
Options- A. 45th
- B. 145th
- C. 107th
- D. 56th Discuss
- 8. Which of the following is the basic characteristic of Oligopoly ?
Options- A. a few sellers, many buyers
- B. many sellers, a few buyers
- C. a few sellers, a few buyers
- D. a few sellers, one buyer Discuss
- 9. Patanjali and Reliance Jio has ranked _____ respectively, in Top 10 influencial Brands of India ?
Options- A. 4 & 9
- B. 3 & 10
- C. 2 & 1
- D. 5 & 6 Discuss
- 10. In budget 2017-18, the fund allocation for Deen Dayal Upadhyay Gram Jyoti Yojana Scheme ?
Options- A. Rs. 6815 Crores
- B. Rs. 5550 Crores
- C. Rs. 4814 Crores
- D. Rs. 2115 Crores Discuss
Indian Economy problems
Search Results
Correct Answer: Government Spending and Taxation
Explanation:
The two most widely recognized tools used to influence a Nation's Economic activity are Monetary policy and Fiscal policy.
Correct Answer: existence of both private and public sectors
Correct Answer: Financial
Explanation:
IFSC stands for - Indian Financial System Code. This is a code uniquely identifies each bank branch participating in the two main Payment and settlement systems in India :
1. RTGS - The Real Time Gross Settlement (and)
2. NEFT - The National Electronic Fund Transfer (NEFT) systems.
Correct Answer: Indian Oil Corporation
Explanation:
Indian Oil Corp (IOC) has overtaken Oil and Natural Gas Corp (ONGC) to become India?s most profitable state-owned company. IOC, which has for decades been India?s biggest company by turnover, posted a 70 per cent jump in net profit to Rs 19,106.40 crore in the financial year ended March 31, 2017.
Correct Answer: J. B. Say
Correct Answer: Rate of growth is slower than the rate of price increase
Explanation:
Stagflation is a blend of stagnation (in economic growth) and inflation (rise in prices).
Correct Answer: 45th
Explanation:
India has been ranked 45th, down four notches from last year, in terms of competitiveness in the annual rankings compiled by IMD which saw Hong Kong topping the list. US was ?pushed out? of the top three slots while Hong Kong consolidated its dominance of the annual rankings for the second year in the list compiled by the International Institute for Management Development?s (IMD) World Competitiveness Center.
Correct Answer: a few sellers, many buyers
Correct Answer: 4 & 9
Explanation:
Ramdev promoted Patanjali Ayurveda and Reliance Jio have featured among the top 10 most influential brand in India, according to a study by the global research firm Ipsos.
Home grown Patanjali and Mukesh Ambani?s controlled Reliance Jio have bagged the fourth and ninth position, respectively. Interestingly, Patanjali and Reliance Jio made an impressive entry as they did not figure in the previous edition of the study.
Besides, Google has been ranked at the top slot while Microsoft and Facebook were ranked at number two and three, respectively. State Bank of India (SBI) being the only financial institution that made to the list, moved up four ranks to take the fifth position. E-commerce player Flipkart dropped three spots to take the tenth place while Amazon climbed couple of steps to take the sixth place. Other companies that made to the list include Samsung (7th) and Airtel (8th).
Correct Answer: Rs. 4814 Crores
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