Discussion
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- Question
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
- Correct Answer
- Rs 9 lakh crore
- 1. 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 Discuss
- 2. Fixed Foreign Exchange Rate can be changed by
Options- A. RBI
- B. SEBI
- C. Ministry of Finance
- D. FIPB Discuss
- 3. Pump priming should be resorted to at a time of?
Options- A. Inflation
- B. Deflation
- C. Stagflation
- D. Reflation Discuss
- 4. Money market is a market for _______________
Options- A. Short term fund
- B. Long term fund
- C. Negotiable instruments
- D. Sale of shares Discuss
- 5. 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 Discuss
- 6. The term 'Macro Economics' was used by __________
Options- A. J.M. Keynes
- B. Ragner Frisch
- C. Ragner Nurkse
- D. Prof. Knight Discuss
- 7. Tax on inheritance is called __________
Options- A. Excise duty
- B. Estate duty
- C. Gift tax
- D. Sales tax Discuss
- 8. Which curve shows the inverse relationship between unemployment and inflation rates
Options- A. Supply curve
- B. Indifference curve
- C. IS curve
- D. Phillips curve Discuss
- 9. Short term contractions and expansions in economic activity are called ______________
Options- A. Expansions
- B. Recession
- C. Deficits
- D. The business cycle Discuss
- 10. The concept of joint sector implies cooperation between
Options- A. Public sector and private sector industries
- B. State Government and Central Government
- C. Domestic and Foreign Companies
- D. None of these Discuss
Indian Economy problems
Search Results
Correct Answer: money value of goods and services produced in a country during a year
Correct Answer: RBI
Correct Answer: Deflation
Correct Answer: Short term fund
Correct Answer: Giffen goods
Correct Answer: Ragner Frisch
Correct Answer: Estate duty
Correct Answer: Phillips curve
Correct Answer: The business cycle
Correct Answer: Public sector and private sector industries
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