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Indian Economy
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Question
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
Correct Answer
money value of goods and services produced in a country during a year
Indian Economy problems
Search Results
1. Fixed Foreign Exchange Rate can be changed by
Options
A. RBI
B. SEBI
C. Ministry of Finance
D. FIPB
Show Answer
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Correct Answer: RBI
2. Pump priming should be resorted to at a time of?
Options
A. Inflation
B. Deflation
C. Stagflation
D. Reflation
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Correct Answer: Deflation
3. Money market is a market for _______________
Options
A. Short term fund
B. Long term fund
C. Negotiable instruments
D. Sale of shares
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Correct Answer: Short term fund
4. 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
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Correct Answer: Giffen goods
5. 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
6. 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
7. 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
8. 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
9. Which curve shows the inverse relationship between unemployment and inflation rates
Options
A. Supply curve
B. Indifference curve
C. IS curve
D. Phillips curve
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Correct Answer: Phillips curve
10. Short term contractions and expansions in economic activity are called ______________
Options
A. Expansions
B. Recession
C. Deficits
D. The business cycle
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Correct Answer: The business cycle
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