Prelims

Economics › Economic Growth,LPG,Planning

Economics › Economic Growth,LPG,Planning

2013

Economic growth in country X will necessarily have to occur if

Options

(a)

there is a technical progress in the world economy

(b)

there is population growth in X

(c)

there is capital formation in X

(d)

the volume of trade grows in the world economy

Answer

(C)
Economics › Economic Growth,LPG,Planning

2013

Disguised unemployment generally means

Options

(a)

large number of people remain unemployed

(b)

alternative employment is not available

(c)

marginal productivity of labour is zero

(d)

productivity of workers is low

Answer

(C)
Economics › Financial Inclusion,PSL

Economics › Financial Inclusion,PSL

2013

Priority Sector Lending by banks in India constitutes the lending to

Options

(a)

agriculture

(b)

micro and small enterprises

(c)

weaker sections

(d)

All of the above

Answer

(D)
Economics › Foreign Exchange,Currency Devaluation

Economics › Foreign Exchange,Currency Devaluation

2013

Which one of the following groups of items is included in India’s foreign-exchange reserves?

Options

(a)

Foreign-currency assets, Special Drawing Rights (SDRs) and loans from foreign countries

(b)

Foreign-currency assets, gold holdings of the RBI and SDRs

(c)

Foreign-currency assets, loans from the World Bank and SDRs

(d)

Foreign-currency assets, gold holdings of the RBI and loans from the World Bank

Answer

(B)
Economics › Inflation

Economics › Inflation

2013

Consider the following statements :
1. Inflation benefits the debtors.
2. Inflation benefits the bond-holders.

Which of the statements given above is/are correct?

Options

(a)

1 only

(b)

2 only

(c)

Both 1 and 2

(d)

Neither 1 nor 2

Answer

(A)
Economics › Inflation

2013

A rise in general level of prices may be caused by
1. an increase in the money supply
2. a decrease in the aggregate level of output
3. an increase in the effective demand
Select the correct answer using the codes given below.

Options

(a)

1 only

(b)

1 and 2 only

(c)

2 and 3 only

(d)

1, 2 and 3

Answer

(D)
Economics › Inflation

2013

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

Options

(a)

Repayment of public debt

(b)

Borrowing from the public to finance a budget deficit

(c)

Borrowing from banks to finance a budget deficit

(d)

Creating new money to finance a budget deficit

Answer

(D)
Economics › National Income Accounting(GDP)

Economics › National Income Accounting(GDP)

2013

The national income of a country for a given period is equal to the

Options

(a)

total value of goods and services produced by the nationals

(b)

sum of total consumption and investment expenditure

(c)

sum of personal income of all individuals

(d)

money value of final goods and services produced

Answer

(D)
Economics › RBIxFunctions

Economics › RBIxFunctions

2013

The Reserve Bank of India regulates the commercial banks in matters of
(1). liquidity of assets
(2). branch expansion
(3). merger of banks
(4). winding-up of banks
Select the correct answer using the codes given below.

Options

(a)

1 and 4 only

(b)

2, 3 and 4 only

(c)

1, 2 and 3 only

(d)

1, 2, 3 and 4

Answer

(D)
Economics › RBIXLiquidity Management

Economics › RBIXLiquidity Management

2013

An increase in the Bank Rate generally indicates that the

Options

(a)

market rate of interest is likely to fall

(b)

Central bank is no longer making loans to commercial banks

(c)

Central Bank is following an easy money policy

(d)

Central Bank is following a tight money policy

Answer

(D)

Prelims

Economics › Economic Growth,LPG,Planning

Options

Answer

Options

Answer

Economics › Financial Inclusion,PSL

Options

Answer

Economics › Foreign Exchange,Currency Devaluation

Options

Answer

Economics › Inflation

Options

Answer

Options

Answer

Options

Answer

Economics › National Income Accounting(GDP)

Options

Answer

Economics › RBIxFunctions

Options

Answer

Economics › RBIXLiquidity Management

Options

Answer