Sawaal
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
Related Questions
Q:

What is CPC  ?

A) Central Person scheme B) Central Pay commission
C) Central Paid determination D) Central Pay scheme
 
Answer & Explanation Answer: B) Central Pay commission

Explanation:
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6 3489
Q:

Which country has recently become fifth largest military spender  ?

A) India B) Japan
C) China D) Russia
 
Answer & Explanation Answer: A) India

Explanation:

1. India's military expenditure grew around 8.5 percent in 2016, making it the world's fifth largest spender at $55.9 billion, figures released by the Stockholm International Peace Research Institute (SIPRI).

2. As per the figures, the US remains the world's largest military spender registering a growth of 1.7 percent between 2015 and 2016 to $611 billion.

3. China is second and Russia is on the third position in the list.

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8 3070
Q:

Who said 'Supply creates its own demand' ?

A) Marshall B) Ricardo
C) Adam Smith D) J. B. Say
 
Answer & Explanation Answer: D) J. B. Say

Explanation:
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15 9071
Q:

The purchase of shares and bonds of Indian companies by Foreign Institutional Investors is called ?

A) FDI B) NRI Investment
C) Portfolio Investment D) Foreign Indirect Investment
 
Answer & Explanation Answer: D) Foreign Indirect Investment

Explanation:
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14 8942
Q:

The First Five Year Plan was based on ___________.

A) Herold Domar Model B) P.C . Mahalanobis Model
C) Both the Above D) None of the above
 
Answer & Explanation Answer: A) Herold Domar Model

Explanation:
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9 5137
Q:

The concept of Economic planning in India is derived from ________.

A) Russia B) Australia
C) USA D) UK
 
Answer & Explanation Answer: A) Russia

Explanation:
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20 9226
Q:

Full convertibility of a rupee means ?

A) Determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply B) Repayment of loans in terms of rupees
C) Payment for imports in terms of rupees D) Purchase of foreign exchange for rupees freely
 
Answer & Explanation Answer: A) Determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply

Explanation:
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5 5331
Q:

The term stagflation refers to a situation where ?

A) Growth has no relation with the change in prices B) Rate of growth is faster than the rate of price increase
C) Rate of growth is slower than the rate of price increase D) Rate of growth and prices both are decreasing
 
Answer & Explanation Answer: C) Rate of growth is slower than the rate of price increase

Explanation:

Stagflation is a blend of stagnation (in economic growth) and inflation (rise in prices).

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