INDIAN ECONOMY TEST - 10-Indian Economy-Quiz

Civil Services Exams-INDIAN ECONOMY TEST - 10

Q 1.
Which of the following can be considered as a monetary policy failure for RBI?

a.)
More than 4% inflation continuously for 3 quarter
b.)
Less than 1% inflation continuously for 2 quoter
c.)
Inflation higher or less than 4% continuously for 2 quarter
d.)
More than 6% inflation continuously for 3 quarter

Q 2.
The SAHAJ form is related with:

a.)
Taxation
b.)
DBT
c.)
E-KYC
d.)
Trade

Q 3.
Which of the following is strongly connected to privatization of public sector enterprises in the Indian context?

a.)
Share buyback
b.)
Follow- on public offer
c.)
Exchange trade fund
d.)
Strategic disinvestment

Q 4.
Which of the following ecommerce model is allowed for foreign multi-brand retailers in India?

a.)
Marketplace model
b.)
Inventory model
c.)
Hybrid model
d.)
Both marketplace and inventory model

Q 5.
The practice of not paying taxes by adopting illegal measures is called as:

a.)
Tax avoidance
b.)
Tax evasion
c.)
Tax mitigation
d.)
Tax buoyancy

Q 6.
Crowding out effect implies:

a.)
Excess government subsidies
b.)
Excess government expenditure
c.)
Excess private expenditure
d.)
Excess profit-making by private sector

Q 7.
As per world bank’s classification of economies based on GNI per capita income, India is a:

a.)
Low-income economy
b.)
Lower middle-income economy
c.)
Upper middle-income economy
d.)
High income economy

Q 8.
When an Indian student is getting royalties from the industrial design that he provided top an overseas MNC; the receipt will be registered under:

a.)
Trade account of India’s balance of payment account
b.)
Short term capital account of India’s balance of payment
c.)
Long term capital account of India’s balance of payment
d.)
Invisible account of India’s balance of payment

Q 9.
Which of the following indicates relationship between unemployment and inflation?

a.)
Laffer curve
b.)
Lorenze curve
c.)
Kuznet curve
d.)
Philips curve

Q 10.
Which of the following category suffers losses during inflation

a.)
Creditors
b.)
Government that runs fiscal deficit
c.)
Debtors
d.)
Business sector

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