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People As Resource Test - 17

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People As Resource Test - 17
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Weekly Quiz Competition
  • Question 1
    1 / -0
    In India, in which of the following, Foreign Direct Investment (FDI) is not allowed?
    Solution
    In India, in Rail Transport, Foreign Direct Investment (FDI) is not allowed. In the railway sector FDI is not permitted by the Government of India. Railway sector is completely owned, managed and controlled by the Indian Government.
  • Question 2
    1 / -0
    Measure estimates the number of persons who may be said to be chronically unemployed.
  • Question 3
    1 / -0
    Quantitative Methods aim at influencing _______________________.
    Solution
    Quantitative Methods aim at influencing the total volume of credit in the banking system.Quantitative measures to control credit are also known as general measures. Quantitative instruments of control credit are those instruments which focus on overall supply of money in the economy. These measures are used in a manner such that overall supply of money in the economy is reduced during inflation and increased during deflation.
  • Question 4
    1 / -0
    A person who is not gainfully employed in any productive activity is called____.
    Solution
    A person who is not gainfully employed in any productive activity is called unemployed.
    When people do not have any work and they are actively searching for the work then they are said as unemployed.

  • Question 5
    1 / -0
    Which of the following is not a quantitative method of credit control __________________.
    Solution

    Quantitative or traditional methods of credit control consist of banks rate policy, open market operations and variable reserve ratio. Qualitative or selective methods of credit control consist of the guideline of margin requirement, credit rationing, regulation of customer credit and direct action. 

    Quantitative controls are planned to control the volume of credit created by the banking system qualitative measures or selective methods are intended to regulate the flow of credit in specific uses.

    The correct option is D.

  • Question 6
    1 / -0
    Who first raised the fears of a world food shortage?
    Solution
    Thomas Robert Malthus was an English cleric and scholar, influential in the fields of political economy and demography who for the first time proposed the condition of food shortage on the grounds of scarce resources and unlimited wants after studying the world demographics. 
  • Question 7
    1 / -0
    As per statistical Analysis, Unemployment Rates on CDS basis are ______ those on UPS basis.
  • Question 8
    1 / -0
    Quantitative measures to control credit are also called _____________.
    Solution

    Quantitative or the traditional method of credit control comprises of bank rate policy, open market operations and variable reserve ratio. Qualitative or selective methods of credit control include directive of margin requirement, credit rationing, regulation of consumer credit and direct action.

    The correct option is A.

  • Question 9
    1 / -0
    The economic reforms have failed to ______________.
    Solution
    The economic reforms have failed to keep fiscal deficits to the targeted levels, fully implement industrial deregulation and fully open the economy to trade.
  • Question 10
    1 / -0
    Which of the following methods cannot be used as an instrument of Quantitative Control of credit by the Central Bank?
    Solution
    Change in margin requirements cannot be used as an instrument of Quantitative Control of credit by the Central Bank. Change in margin requirement is used as an instrument of Qualitative control of credit. The margin requirement refers to the difference between the current value of the security offered for loan and the value of loan granted.
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