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Indian Economy problems


  • 1. According to the report by the Commerce Ministry ?Logistics Ease Across Different States (LEADS)?, which of the following state has topped the Logistic Index Chart?

  • Options
  • A. Maharashtra
  • B. Andhra Pradesh
  • C. Gujarat
  • D. Karnataka
  • Discuss
  • 2. In a cut motion, when the amount of demand is reduced by Rs 100/ , it is known as

  • Options
  • A. Disapproval of policy cut
  • B. Economy cut
  • C. Vote on Account
  • D. Token cut
  • Discuss
  • 3. If Reserve Bank of India reduces the cash reserve ratio, it will :

  • Options
  • A. increase credit creation
  • B. decrease credit creation
  • C. have no impact on credit creation
  • D. have no definite impact on credit creation
  • Discuss
  • 4. What is the slowdown in the rate of increase of prices of goods & services in National GDP over time called?

  • Options
  • A. Deflation
  • B. Disinflation
  • C. Inflation
  • D. Reflation
  • 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. 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
  • 7. 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
  • 8. 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
  • 9. 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
  • 10. 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
  • Also asked in: Bank Exams

  • Discuss

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