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Indian Economy problems
1. The rate of inflation increases when the purchasing powerof money___________ .
Options
A. Decreases
B. Increases
C. Stable
D. Decrease just half
Also asked in:
Bank Exams
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Correct Answer: Decreases
2. For the buying and selling of precious metals such as Goldand Silver, the market established is termed as ________ .
Options
A. Capital Market
B. Money Market
C. Bullion Market
D. wholesale cash market
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Correct Answer: Bullion Market
3. Which among the following is the difference in valuebetween a countrys imports and exports?
Options
A. Balance of Trade
B. Balance of Payment
C. Balance of power
D. Credit Balance
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Correct Answer: Balance of Trade
4. The term 'Zero Based Budgeting' refers to __________.
Options
A. A specified sum of money authorized by the Legislaturefor a specific period of time
B. To ensure that every rupee spent is result oriented
C. A statutorily mandated form of reimbursement or up-front payment for state expenditures
D. A cost item for which payment is made by one stateagency to another
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Correct Answer: To ensure that every rupee spent is result oriented
5. Find the similarity among the following: Makar Sankranthi, Pongal, Lohri, Baisakhi
Options
A. All are festivals of North India
B. All are names of harvest festivals
C. All are festivals celebrated in the month of January
D. There is no similarity at all
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Correct Answer: All are names of harvest festivals
6. Which of the following gulf countries has announced to form new economic and partnership group named 'Joint Cooperation Committee' inDecember 2017?
Options
A. UAE and Saudi Arabia
B. Qatar and UAE
C. Bahrain and Kuwait
D. Oman and Saudi Arabia
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Correct Answer: UAE and Saudi Arabia
7. 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
8. 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
9. 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
10. 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
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