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INDIAN ECONOMY MCQs

Total Questions : 817 | Page 81 of 82 pages
Question 801. . Resurgent India Bonds were issued in US dollar, Pound Sterling and
  1.    Japanese Yen
  2.    Deutsche Mark
  3.    Euro
  4.    French Franc
 Discuss Question
Answer: Option B. -> Deutsche Mark
Question 802. . Short-term finance is usually for a period ranging up to
  1.    5 months
  2.    10 months
  3.    12 months
  4.    15 months
 Discuss Question
Answer: Option C. -> 12 months
Question 803. . The budget deficit means
  1.    the excess of total expenditure, including loans, net of lending over revenue receipts
  2.    difference between revenue receipts and revenue expenditure
  3.    difference between all receipts and all the expenditure
  4.    fiscal deficit less interest payments
 Discuss Question
Answer: Option C. -> difference between all receipts and all the expenditure
Question 804. . In India, which one among the following formulates the fiscal policy?
  1.    Planning Commission
  2.    Ministry of Finance
  3.    Finance Commission
  4.    The Reserve Bank of India
 Discuss Question
Answer: Option B. -> Ministry of Finance
Question 805. . Devaluation of currency leads to
  1.    fall in domestic prices
  2.    increase in domestic prices
  3.    no impact on domestic prices
  4.    erratic fluctuations in domestic prices
 Discuss Question
Answer: Option B. -> increase in domestic prices
Question 806. . 
In utensils worth Rs 1000 are produced with copper worth Rs 500, wages paid are Rs 100, other material purchased is worth Rs 100 and depreciation of machinery is zero, then what is the value added in process?
  1.    Rs 1000
  2.    Rs 500
  3.    Rs 400
  4.    Rs 300
 Discuss Question
Answer: Option D. -> Rs 300
Question 807. . Paper currency first started in India in
  1.    1861
  2.    1542
  3.    1601
  4.    1880
 Discuss Question
Answer: Option A. -> 1861
Question 808. . Since 1983, the RBI's responsibility with respect to regional rural banks was transferred to
  1.    ARDC
  2.    SBI
  3.    NABARD
  4.    PACs
 Discuss Question
Answer: Option C. -> NABARD
Question 809. . The ARDC is now a branch of the
  1.    RBI
  2.    NABARD
  3.    IDBI
  4.    IDBI
 Discuss Question
Answer: Option B. -> NABARD
Question 810. .  In which of the following sequences the change in quantity of money leads to change in price level in the Keynesian models?
  1.    Change in quantity of money - change in investment - change in employment and output - change in rate of interest - change in price level
  2.    Change in quantity of money - change in employment and output - change in investment - change in the rate of interest - change in price level
  3.    Change in quantity of money - change in investment - change in rate of interest - change in employment and output - change in price level
  4.    Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level
 Discuss Question
Answer: Option D. -> Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level

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