Question 1 :
Taxes levied on personal income, profits of the corporate, wealth and property is termed as ________ tax.
Question 2 :
_________ expenditure refers to the expenditure incurred by the government on various programmes in the plan.
Question 3 :
The classical economists considered the balanced budget to be neutral in its effects on the economy.
Question 4 :
The classical economists believed that the government can rescue the people in times of economic distortions through unbalanced budgets.
Question 6 :
_____________ economists believed that the policy of balanced budget may not always be suitable for the economy.
Question 9 :
Government expenditure is a component of the ____________ in the economy
Question 11 :
Under flexible exchange rate system, each country fixes its value of currency in terms of some external standard.
Question 12 :
The exchange rate of currency is maintained at the same level in all the foreign exchange markets through _____________.
Question 13 :
The " terms of trade" is the name given to ________________.
Question 15 :
Huge international reserves are required to be maintained by the government in fixed and flexible exchange rate system.
Question 16 :
______  is used to record payments for imported goods and services.
Question 17 :
_________ refers to a system in which foreign exchange rate is determined by market forces and central bank influences the exchange rate through intervention.
Question 21 :
The Reserve Bank of India (RBI) acts as a bankers' bank. This would imply which of the following? <br>1. Other banks retain their deposits with the RBI.<br>2. The RBI lends funds to the commercial banks in times of need. <br>3. The RBI advises the commercial banks on monetary matters. Select the correct answer using the codes given below:
Question 23 :
In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities ?
Question 25 :
Select the correct tools used by the RBI in announcing the monetary policy-use the code given below to select your answer:<br>1. Term repo rates for 7,14 and 28 days.<br>2. Bank rate & Marginal standing facility rate.<br>3. Marginal cost of fund based lending rate.<br>4. Reverse repo rate for 7,14 and 28 days.
Question 26 :
Which of the following is not a formal source of credit?<br/>
Question 27 :
Which of the following are included under representation functions of a bank?<br>(i) Payment of cheques and bills<br>(ii) Providing remittance facilities<br>(iii) Underwriting of securities<br>(iv) Advancing clean credit<br>(v) Allowing overdrafts on current account<br>(vi) Purchase and sale of securities.
Question 29 :
Out of the various ways of the financing government's investment expenditure, which one of the following is a method of inflation control?
Question 30 : <p>Consider the following statements and choose the option which is correct. </p><p>(1) Potential output is sometimes called the Natural Gross Domestic Product.</p><p>(2) When an economy has fallen into deflation demand from businesses and consumers to buy products falls as they expect to pay less later as prices fall..</p><p>(3) Deflation is the opposite of Inflation.</p>
Question 31 :
State whether the following statements are True or False.<br>Globalisation will adversely affect poor farmers.<br>
Question 32 :
At the time of first five year plan the total capitalization of Central PSUs was ________.
Question 35 :
Your friend gets Rs 10000 from his grand parents. He/she wants to invest this amount in a bank in such a way that he/she need not withdraw the amount partly or wholly for two years. What kind of account should he/she open in a bank?
Question 36 :
Which of the following agencies/bodies has asked all foreign funds to come forward and register themselves as Foreign Institutional Investors (FIIs) prior to any investment in India?
Question 37 :
As per the news published in major financial newspapers, the Union Govt is planning to divest 20% stake in the state-owned Hindustan Copper Ltd. What does it really mean?
Question 38 :
RBI's open market operation transactions are carried out with a view to regulate ________.
Question 39 :
In India ______ is referred to as the lender of the last resort.
Question 40 :
Which of the following public sector organizations is listed on New York Stock Exchange?
Question 41 :
When the number of poor is estimated as the proportion of people below the poverty line, it is known as _________.
Question 46 :
What is the minimum calorie intake for an urban person for estimating poverty line?
Question 47 :
What among the following are some of the characteristics of poor and vulnerable groups?
Question 48 :
Poor people who regularly move in and out of poverty are called _______.
Question 49 :
What is the minimum calorie intake for a rural person for estimating poverty line?
Question 50 :
How are the poor vulnerable in terms of nutrition and health?
Question 51 : <p>Village panchayats became central to the ideological framework of India's national movement under the leadership of __________.</p>
Question 52 :
Sharing of state and central powers to local self-governing bodies like Panchayat Raj is known as _____________.
Question 53 :
The YH Malegam Committee, which submitted its report in 2011, was set up to report on further improvement of functioning of __________.
Question 55 : <p>Leaders like _____________ were not very enthusiastic about local government bodies.</p>
Question 56 :
Which of the following nations is considered the originator of the concept of Micro-Finance?<br>
Question 57 : <p>Which among the following is an advantage of decentralization of powers?</p>
Question 58 : <p>Reservation for the position of women in all Panchayat Raj institutions is ______.</p>
Question 60 : <p>__________ is the base of a three-tier system which is concerned about the rule in a village or group of villages.</p>
Question 63 :
Which fundamental right was introduced in the 86th Amendment of the Constitution of India?
Question 64 :
The revenue generated by the change in the rate of education cess will be utilized to fund which of the following sectors/segments of education in India?
Question 65 :
_______ education takes a major share of total education expenditure and the share of the ________ education is the least.
Question 67 :
Which of the following Schemes launched by the Govt of India has proved successful to attract school children to come to school and get educated?
Question 70 :
State whether the following statements are True or False.<br>No policies are implemented after independence for the improvement of literacy rate.<br>
Question 74 :
State highways connect major cities and different villages located in different states.
Question 80 :
Railways and roadways should be competitive for the development of a country.
