2
Q:

Which of the following should always be balanced in the foreign trade of India?

 

 

A) Balance of Trade B) Balance of Paymen
C) Balance of Current Account D) No option is correct

Answer:   B) Balance of Paymen



Explanation:
Subject: Indian Economy
Exam Prep: Bank Exams
Q:

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

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy

1 1491
Q:

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

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy

0 712
Q:

Tax on inheritance is called __________

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

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy

0 875
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

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy

0 715
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

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy

0 907
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 

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy

0 788
Q:

Fixed Foreign Exchange Rate can be changed by

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

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy

0 899
Q:

Pump priming should be resorted to at a time of?

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

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy

0 957