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Indian Economy
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Question
Fixed Foreign Exchange Rate can be changed by
Options
A. RBI
B. SEBI
C. Ministry of Finance
D. FIPB
Correct Answer
RBI
Indian Economy problems
Search Results
1. Pump priming should be resorted to at a time of?
Options
A. Inflation
B. Deflation
C. Stagflation
D. Reflation
Show Answer
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Discuss
Correct Answer: Deflation
2. Money market is a market for _______________
Options
A. Short term fund
B. Long term fund
C. Negotiable instruments
D. Sale of shares
Show Answer
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Correct Answer: Short term fund
3. In which of the following case, law of demand fails?
Options
A. Giffen goods
B. Normal goods
C. Inferior goods
D. Both Giffen and Inferior goods
Show Answer
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Correct Answer: Giffen goods
4. Which of the following e-commerce majors has signed an agreement with NIESBUD for encouraging SMEs to grow profitably online?
Options
A. Amazon
B. Flipkart
C. Snapdeal
D. eBay
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Correct Answer: Amazon
5. Which of the following gulf countries has announced to form new economic and partnership group named 'Joint Cooperation Committee' inDecember 2017?
Options
A. UAE and Saudi Arabia
B. Qatar and UAE
C. Bahrain and Kuwait
D. Oman and Saudi Arabia
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Correct Answer: UAE and Saudi Arabia
6. National Income refers to ___________
Options
A. money value of goods and services produced in a country during a year
B. money value of stocks and shares of a country during a year
C. money value of capital goods produced by a country during a year
D. money value of consumer goods and services produced in a country during a year
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Correct Answer: money value of goods and services produced in a country during a year
7. On 24 October 2017, the Government of India announced a massive of ______ package to boost economy
Options
A. Rs 7 lakh crore
B. Rs 9 lakh crore
C. Rs 15 lakh crore
D. Rs 5 lakh crore
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Correct Answer: Rs 9 lakh crore
8. The term 'Macro Economics' was used by __________
Options
A. J.M. Keynes
B. Ragner Frisch
C. Ragner Nurkse
D. Prof. Knight
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Correct Answer: Ragner Frisch
9. Tax on inheritance is called __________
Options
A. Excise duty
B. Estate duty
C. Gift tax
D. Sales tax
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Correct Answer: Estate duty
10. Which curve shows the inverse relationship between unemployment and inflation rates
Options
A. Supply curve
B. Indifference curve
C. IS curve
D. Phillips curve
Show Answer
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Correct Answer: Phillips curve
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