Sawaal
2
Q:

In which area is the public sector most dominant in India?

 

A) Organised term lending financial instistutions B) Transport
C) Commerical banking D) Steel production

Answer:   C) Commerical banking



Explanation:
Subject: Indian Economy
Exam Prep: Bank Exams
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Short term contractions and expansions in economic activity are called ______________

A) Expansions B) Recession
C) Deficits D) The business cycle
 
Answer & Explanation Answer: D) The business cycle

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Which curve shows the inverse relationship between unemployment and inflation rates

A) Supply curve B) Indifference curve
C) IS curve D) Phillips curve
 
Answer & Explanation Answer: D) Phillips curve

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Tax on inheritance is called __________

A) Excise duty B) Estate duty
C) Gift tax D) Sales tax
 
Answer & Explanation Answer: B) Estate duty

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Q:

The term 'Macro Economics' was used by __________

A) J.M. Keynes B) Ragner Frisch
C) Ragner Nurkse D) Prof. Knight
 
Answer & Explanation Answer: B) Ragner Frisch

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Q:

On 24 October 2017, the Government of India announced a massive of ______ package to boost economy

A) Rs 7 lakh crore B) Rs 9 lakh crore
C) Rs 15 lakh crore D) Rs 5 lakh crore
 
Answer & Explanation Answer: B) Rs 9 lakh crore

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Q:

National Income refers to ___________

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 
 
Answer & Explanation Answer: A) money value of goods and services produced in a country during a year 

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Fixed Foreign Exchange Rate can be changed by

A) RBI B) SEBI
C) Ministry of Finance D) FIPB
 
Answer & Explanation Answer: A) RBI

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0 899
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Pump priming should be resorted to at a time of?

A) Inflation B) Deflation
C) Stagflation D) Reflation
 
Answer & Explanation Answer: B) Deflation

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