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 Indian Economy Questions

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Q:

Brent Index is associated with which of the followings?

 

A) crude oil prices   B) copper future prices  
C) gold future prices D) shipping rate index
 
Answer & Explanation Answer: A) crude oil prices  

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Exam Prep: Bank Exams

5 11269
Q:

The Minimum Alternative Tax (MAT) was introduced in the Budget of the Government of India for the year

A) 1991-92 B) 1992-93
C) 1995-96 D) 1996-97
 
Answer & Explanation Answer: D) 1996-97

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26 11205
Q:

Which of the following is NOT a measure of Human Development Index?

 

A) Life expectancy B) Sex ratio
C) Literacy rate D) Gross enrolment
 
Answer & Explanation Answer: B) Sex ratio

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Q:

Per Capita Income is Obtained by dividing National Income by

A) Total population of the country B) Total working population
C) Area of the country D) Volume of the capital used
 
Answer & Explanation Answer: A) Total population of the country

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7 11010
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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Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

17 10991
Q:

The Mid Day Meal Scheme has been launched by the Union Minister of

A) Home Affairs B) Social Welfare
C) Human Resource Development D) Rural Development
 
Answer & Explanation Answer: C) Human Resource Development

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16 10958
Q:

An increase in productivity will

 

A) Increase aggregate supply B) Increase in price level
C) Increase in demand D) All the above
 
Answer & Explanation Answer: A) Increase aggregate supply

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Exam Prep: Bank Exams

0 10956
Q:

In India ,Hindu Rate of growth is associated with which of the following

A) Birth Rate B) Population
C) Per Capita Income D) National Income
 
Answer & Explanation Answer: D) National Income

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