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Indian Economy
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Question
The term 'Macro Economics' was used by __________
Options
A. J.M. Keynes
B. Ragner Frisch
C. Ragner Nurkse
D. Prof. Knight
Correct Answer
Ragner Frisch
Indian Economy problems
Search Results
1. 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
Show Answer
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Discuss
Correct Answer: Rs 9 lakh crore
2. 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
Show Answer
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Correct Answer: money value of goods and services produced in a country during a year
3. 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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Discuss
Correct Answer: RBI
4. 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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Correct Answer: Deflation
5. 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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Discuss
Correct Answer: Short term fund
6. Tax on inheritance is called __________
Options
A. Excise duty
B. Estate duty
C. Gift tax
D. Sales tax
Show Answer
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Discuss
Correct Answer: Estate duty
7. 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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Discuss
Correct Answer: Phillips curve
8. Short term contractions and expansions in economic activity are called ______________
Options
A. Expansions
B. Recession
C. Deficits
D. The business cycle
Show Answer
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Correct Answer: The business cycle
9. 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
Show Answer
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Correct Answer: Public sector and private sector industries
10. Economic planning in India is in____
Options
A. Union List
B. State list
C. Concurrent List
D. None
Show Answer
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Discuss
Correct Answer: Concurrent List
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