Indian Economy problems
- 1. Which one of the following is an abiotic and renewable resource
Options- A. Iron ore
- B. Livestock
- C. Water
- D. Forests Discuss
Correct Answer: Water
- 2. The Tehri Hydro Power Complex is located in the State of
Options- A. Uttarakhand
- B. Uttar Pradesh
- C. Himachal Pradesh
- D. Sikkim Discuss
Correct Answer: Uttarakhand
- 3. Which of the following is NOT a social development scheme launched by the Government of India
Options- A. Indira Awas Yojana
- B. Kutir Jyoti
- C. LookEast Policy
- D. Operation Black Board Discuss
Correct Answer: LookEast Policy
- 4. IPR stands for
Options- A. Intellectual Property Rights
- B. International Property Rights
- C. International Postgraduate Research
- D. Indian Property Rights Also asked in: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO, IT Trainer
Correct Answer: Intellectual Property Rights
Explanation:
IPR's stands for Intellectual Property Rights. Intellectual property is the product of the human intellect including creativity concepts, inventions, industrial models, trademarks, songs, literature, symbols, names, brands,....etc.
- 5. What is the basic objective of monetary policy? Also asked in: Analyst, Bank Clerk, Bank PO
Correct Answer: Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency The basic objective of monetary policy is to assist the economy in achieving a full-employment, noninflationary level of total output Cause-effect chain: Changes in the money supply affect interest rates, which affect investment spending and therefore aggregate demand
- 6. Open market operation is a part of
Options- A. Debit Policy
- B. Deposit Policy
- C. Credit Policy
- D. None of above Also asked in: Bank Exams, CAT, Analyst, Bank Clerk, Bank PO
Correct Answer: Credit Policy
Explanation:
Open market operations (OMO) refer to the buying and selling of government securities in the open market in order to expand or contract the amount of money in the banking system.
- 7. Which action is an example of domestic policy?
Options- A. The Supreme Court strikes down a law that bans importing inefficient automobiles
- B. A governor decides against running for a second term
- C. The president negotiates a peace treaty between two warring nations
- D. Congress passes a law that grants tax credits for installing solar panels Also asked in: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO
Correct Answer: The Supreme Court strikes down a law that bans importing inefficient automobiles
Explanation:
Domestic policy is an area of public policy which concerns laws, government programs, and administrative decisions which are directly related to all issues and activity within a nation's borders.
It differs from foreign policy, which refers to the ways a government advances its interests in world politics.
Hence, Option A, The Supreme Court strikes down a law that bans importing inefficient automobiles is an example of domestic policy action.
- 8. The largest proportion of federal revenues comes from
Options- A. borrowing
- B. excise taxes
- C. social insurance taxes
- D. personal income taxes Also asked in: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO
Correct Answer: personal income taxes
Explanation:
The largest proportion of federal revenues comes from personal income taxes. Almost half of all federal revenue (47 percent) comes from individual income taxes.
- 9. Which property classification would include tools? Also asked in: Bank PO, Bank Clerk, Analyst
Correct Answer: Answer
- 10. Which of the following represents a positive economic statement?
Options- A. The government should extend unemployment benefits.
- B. The unemployment rate is too high.
- C. Taxes should not be increased since that will lower spending.
- D. The unemployment rate is 4.8 percent. Also asked in: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO
Correct Answer: The unemployment rate is 4.8 percent.
More in General Knowledge:
Programming
Copyright ©CuriousTab. All rights reserved.