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- Question
Sudden decrease of birth rate would cause___________.
Options- A. increase in per capita income
- B. increase in investment
- C. increase in savings
- D. increase in loan requests
- Correct Answer
- increase in per capita income
- 1. Which of the following Article of Indian Constitution deals with the Right to Equality before Law?
Options- A. Article 13
- B. Article 14
- C. Article 15
- D. Article 17 Discuss
- 2. Open Market Operations refer to __________
Options- A. Borrowings by Scheduled banks from RBI
- B. Lending by Commercial banks to industry
- C. Purchase and sale of Government securities by RBI
- D. Deposit mobilisation Discuss
- 3. One of the following is 'Labour' in Economics.
Options- A. A Musician performing for a benefit fund
- B. A Painter working for his own pleasure
- C. Reading a book as a hobby
- D. A Mother teaching her own son Discuss
- 4. Inflation is a situation characterised by
Options- A. Too much money chasing too few goods
- B. Too few money chasing too much goods
- C. Too many people chasing too few goods
- D. Too many people chasing too little money Discuss
- 5. Consider the following statements with respect to Bitcoins or 'cryptocurrencies' as they are commonly known; I. Bitcoin is a decentralized electronic payment system II. Only a finite number of bitcoins can be created by miners III. Bitcoins are indivisible units of currency IV. Every single bitcoin transaction is recorded in a ledger called the blockchain. Which of the above statements are correct?
Options- A. (i), (ii) and (iii)
- B. (i), (iii) and (iv)
- C. (i), (ii) and (iv)
- D. (i), (ii), (iii) and (iv) Discuss
- 6. In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?
Options- A. Food processing
- B. Petro-chemical
- C. Chemicals other than fertilizers
- D. Telecommunications Discuss
- 7. When the demand for a good increases with an increase in income, such a good is called_______
Options- A. Superior good
- B. Giffin good
- C. Inferior good
- D. Normal good Discuss
- 8. The demand of a commodity is a direct demand but the demand of a factor of production is called a
Options- A. Crossed demand
- B. Joint demand
- C. Derived demand
- D. Independent demand Discuss
- 9. Depreciation is loss in value of ________
Options- A. Final goods
- B. Machinery
- C. Capital stock
- D. Stock of inventory Discuss
- 10. Government has announced to fix MSP at a level of at least ________________ per cent of the cost of production for kharif crops 2018-19 which redeems the promise made in the Union Budget for 2018-19.
Options- A. 50 per cent
- B. 250 per cent
- C. 200 per cent
- D. 100 per cent Discuss
Indian Economy problems
Search Results
Correct Answer: Article 14
Correct Answer: Purchase and sale of Government securities by RBI
Correct Answer: A Musician performing for a benefit fund
Correct Answer: Too much money chasing too few goods
Correct Answer: (i), (ii) and (iv)
Explanation:
A software developer called Satoshi Nakamoto proposed bitcoin, which was an electronic payment system based on mathematical proof. The idea was to produce a currency independent of any central authority, transferable electronically, more or less instantly, with very low transaction fees. Bitcoin?s most important characteristic, and the thing that makes it different to conventional money, is that it is decentralized. Bitcoin is created digitally, by a community of people that anyone canjoin. Bitcoins are ?mined?, using computing power in a distributed network.This network also processes transactions made with the virtual currency, effectively making bitcoin its own payment network.The bitcoin protocol ?the rules that make bitcoin work ?say that only 21 million bitcoins can ever be created by miners. However, these coins can be divided into smaller parts (the smallest divisible amount is one hundred millionth of a bitcoin and is called a ?Satoshi?, after the founder of bitcoin). Bitcoin stores details of every single transaction that ever happened in the network in a huge version of a general ledger, called the blockchain.
Correct Answer: Telecommunications
Correct Answer: Superior good
Correct Answer: Derived demand
Correct Answer: Machinery
Correct Answer:
Explanation:
Government has announced its historic decision on 04.07.2018 to fix MSP at a level of at least 150 per cent of the cost of production for kharif crops 2018-19 which redeems the promise made in the Union Budget for 2018-19.The MSPs fixed by Government, cost and returns over all-India weighted average cost of production of crops for 2017-18 and 2018-19 is at Annexure.Cost of production varies in different states on account of difference in levels of irrigation, resource endowment, farm mechanization, land holding size, yield of crops etc.
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