Economics Mock ...

'Laissez-faire' is associated with which form of economy?

What is the economy of India like?

The expenses which raise productive capacity are examples of what type of expenditure?

What causes cost push inflation?

Which of the following statement correctly describes the term 'Crowding Out'?

The cause of inflation is

GDP is the total value of _______ produced during a particular year.

While calculating GDP which of the following is not included?

Goods that are brought not for meeting the immediate need of the consumer but for producing other goods are called _______.

Consider the following statements-

1. Flows are defined at a particular period of time.
2. Stocks are defined over a period of time.

Which of the above statements is/are correct?

In India, the term ‘hot money’ is used to refer to ________.

Which of the following is the method of flow of foreign capital into India?

Which of the following is correct?

The reason in difference between GNP and GDP is

Depreciation is an annual allowance for the wear and tear of ______.

Which of the following is a consequence of rupee depreciation?

Which of the following elements is NOT included in the circular flow of Income in a simple economy?

Leakages, which have a negative impact on the process of income generation in the economy are

Which of the following is NOT the component of GNP Expenditure?

Which of the following statement is not correct?

In which year was the Value Added Tax introduced in India? 

Which of the following is a method of calculating national income?

I. Value-added method

II. Expenditure method

III. Income method 

In Economics, the term that is used to denote the net contribution made by a firm is called its:

'Supply' is related to 'Demand' in the same way as 'Production' is related to '______'.

Which of the following is not an example of current asset?

Which among the following steps is most likely to be taken at the time of an economic recession?

A country's natural capital includes all of the following except:

Scheduled Banks have to be registered with

From among the following, which is a correct feature of the ‘Barter system’?

Point out that J.M. Keynes has introduced liquidity preference theory into ________ motives.

Fiat money is not a:

Which among the following gives fiat money its value in India?

What is Net Demand and Time Liabilities (NDTL) of Banks?

Which among the following is a legal tender?

In context with the 4 concepts of Money supply in India (i.e. M1, M2, M3 and M4) used by Reserve Bank of India, which among the following are the most relevant ?

There are four alternative measures of money supply. Which among the following is correct?

Which is the most liquid measure of money supply?

 Which measure of money supply is known as monetary base? 

Which factor is responsible to determine the stock of money in a bank ?

Which monetary tool does not use by the Reserve Bank of India to manage liquidity?

Which of the following is correct about open market operations?

Which ratio is the proportion of the total deposits commercial banks keep as reserves?

Which among the following is not one of the functions of RBI?

Which of the following is not a part of the non-plan expenditure of central government?

Which one of the following does not mainly form a part of Tax Revenue of State Governments in India?

Among the tax revenues of the Union Government, what is the largest source?

A good for which demand decreases with increase in income of consumer is called

The term Ricardian Equivalence Proposition mentioned in Economic survey 2021 is related to 

‘Crawling Peg System’ means

 Who issues the currency notes in India?