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Economics Mock ...

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  • Question 1
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    Economics is making choices in the presence of ______.

  • Question 2
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    ‘Twin Deficit’ related to

  • Question 3
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    Which type of tax increases with the increase in the income of an individual?

  • Question 4
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    The controlling authority of government expenditure is ?

  • Question 5
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    The agency estimating the National Income of India is

  • Question 6
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    ________ is the type of plan which is time-bound and linked with measurable outcomes.

  • Question 7
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    The budget mentioned in the Constitution is called 

  • Question 8
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    A movement along a demand curve indicates that a different quantity is being demanded. This movement is due to

  • Question 9
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     =Marginal propensity to save (Δ = change, y = Income & s = saving)

  • Question 10
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    The marginal propensity to consume (MPC) refers to the:

  • Question 11
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    What are Open Market Operations ? 

  • Question 12
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    Which one of the following best describes the term 'capital gains tax' in India?

  • Question 13
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    What is Statutory Liquidity Ratio (SLR)?

  • Question 14
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    Should the RBI reduce the statutory liquidity ratio by 50 basis points, then:

  • Question 15
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    The ratio that relates the change in the money supply to a given change in the monetary base is called the ______

  • Question 16
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    Sterilization of foreign inflows is done by the

  • Question 17
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    Monetary policy in India is implemented by

  • Question 18
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    A change in the exchange rate will result in a change in the amount received in the local currency of a bill drawn in foreign currency, this risk is called:

  • Question 19
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    The currency in circulation in an economy increases with which one of the following?

  • Question 20
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    Which of the following reserves act as a liquidity buffer for commercial banks during a crisis?

    1. CRR

    2. SLR

    Select the correct answer with the code given below:

  • Question 21
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    Which of the following with regard to the term 'bank run' is correct?

  • Question 22
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    An ______ is an investment made by a firm or individual in one country into business interests located in another country

  • Question 23
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    Collateral security for a loan is:

  • Question 24
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    In which year did the government of India nationalized 14 major private banks?

  • Question 25
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    What are the deposits in the bank accounts that can be withdrawn on demand called?

  • Question 26
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    Movement along the supply curve is known as _______.

  • Question 27
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    Which of the following is correct regarding Statutory Liquidity Ratio (SLR)?

  • Question 28
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    Which of the statement is NOT correct about Open Market Operations?

  • Question 29
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    Which of the following bank controls the bank rate?

  • Question 30
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    For which type of money its value is defined by the intrinsic value of the commodity itself?

  • Question 31
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    Which one of the following may lead to movement along the demand curve of a commodity ?

  • Question 32
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    Which of the following statements is NOT true with respect to Wholesale Price Index?

  • Question 33
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    An open market operation is an instrument of which of the following?

  • Question 34
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    The value of national income adjusted for inflation is called?

  • Question 35
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    Indirect taxes are generally of 

  • Question 36
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    Indian Statistical Institute is located in:

  • Question 37
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    The service sector of India generates more than

  • Question 38
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    The model of which five-year plan is called investment Model of Planning commission?

  • Question 39
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    When was the 'High Yielding Variety Programme' (HYVP) launched in India?

  • Question 40
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    The policy of 'land to the tiller' is based on the idea:

  • Question 41
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    Green Revolution is related with

  • Question 42
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    In 1955, the Village and Small-Scale Industries Committee, also called the _________, noted the possibility of using small-scale industries for promoting rural development.

  • Question 43
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    Which of the following is not the outcome of New Industrial policy, 1991?

  • Question 44
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    “Growth with social justice and equity” was the main objective of which Five-Year Plan?

  • Question 45
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    What do you mean by disinvestment?

  • Question 46
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    Which of the following is a ‘barrier’ on foreign trade?

  • Question 47
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    Which of the following physical capitals is a working capital for a factory?

  • Question 48
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    Primary sector includes

  • Question 49
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    Socialist Economy is a:

  • Question 50
    5 / -1

    Tata Airlines was originally launched in the year ______.

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