Economics Mock ...

The Mahatma Gandhi National Rural Employment Guarantee Act provide guaranteed wage employment for a minimum of ______ days in year.

Which of the following is a function of money?

Which of the following statement about Personal Disposable Income is incorrect?

Which of the following statement is correct related to the Transfer Payments?

What kind of money does gold, shells, and spices serve as a means of trade or store of value?

What is the full form of SLR in the context of economics?

Currency issued by the central bank can be held by the public or by the commercial banks is called 

_______  is a residue after the payment of rent, wages, interest.

To increase the production of goods and services, the producers have to:

What are the factors of production?

The amount by which the equilibrium level of real GDP exceeds the full employment level of GDP is called

​Consider the following statements about GDP Deflator:

1. It is an index number which measures inflation.

2. It is used to get the value of Nominal GDP from Real GDP.

Select the correct option from below:

Which one of the following statements with respect to the exchange rate of a currency is not correct?

Which theory is used to make long-run predictions about exchange rates in a flexible exchange rate system?

Which of the following interventions are likely to raise human development index?

Which of the following is not a 'Public Good'?

Which of the following does NOT fall under the category of Public Goods?

An unexpected rise in sales of a product leads to ______.

What is Net National Product (NNP)?

The Reserve Bank of India defines narrow money as

Which one of the following statements correctly describes the meaning of legal tender money?

Which of the following exchanges does not form the part of Non-legal tender in India?

Fiat money is a type of currency:

_______ refers to the process of removing or stripping the legal status of a currency.

In economic terms what do we mean by 'intermediate goods'? 

Which one of the following is not included while estimating national income through income method?

The aggregate value of goods and services produced in an economy can be calculated by three methods: income method, expenditure method and ______ method.

The method by which CSO estimates the national income is

Who was the first person to use a scientific method to calculate national income of India ?

Which one of the following is an example of Optional money?

Deficit financing means that the government borrows money from the

Which among the following is/are a segment of Reserve Money in Indian Economy?

1. RBI's net credit to the Government.

2. Net forex reserve with the RBI.

3. RBI's net credit to the commercial bank.

Which one of the following is likely to be the most inflationary in its effects?

The monetisation of the government's fiscal deficit may give rise to unproductive spending and may lead to

The money multiplier in an economy increases with which one of the following?

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

In Economics, by which of the following options is growth of an economy measured ?

Which of the following statements is correct about Gross National Product (GNP)?

1. GNP = Gross Domestic Product (GDP) + Net factor income from abroad.

2. GNP is always greater than the GDP

____________ measures the market value of all final goods and services produced by a country’s citizens or residents

Which one of the following groups of states have the largest number of cotton textile centres?

Which of the following city is popularly known as Silicon Valley of India?

The most common cause of neonatal morbidity in India is:

The non-commercial sources of energy are

Pradhan Mantri Ujjwala yojna is related to :

Which of the following depends on Build Operate Transfer System of Contract ?

In which of these years did the Great Depression begin?

When was India declared Polio free?

What is the full form of NRHM?

What is Ayush?

Every production is organized by combining land, labour, physical capital and human capital which are known as ________.