introduction to indian economy section 1 Practice Questions Answers Test with Solutions & More Shortcuts
Introduction to Indian Economy PRACTICE TEST [14 - EXERCISES]
introduction to indian economy section 1
introduction to indian economy section 2
introduction to indian economy section 3
introduction to indian economy section 4
introduction to indian economy section 5
introduction to indian economy section 6
introduction to indian economy section 7
introduction to indian economy section 8
introduction to indian economy section 9
introduction to indian economy section 10
introduction to indian economy section 11
introduction to indian economy section 12
introduction to indian economy section 13
introduction to indian economy section 14
Question : 16
Inflation is caused by
a) Increase in cash with the government
b) Increase in money supply
c) Decrease in money supply
d) Increase in supply of goods
Answer »Answer: (b)
Inflation is an increase in the prices of commodities. It is caused due to decrease in supply and an increase in demand for commodities.
So when the money supply in the economy increases it means people have more purchasing capacity and thus demand increases which result in inflation.
Question : 17
Which of the following can be the outcomes of very high inflation in the economy?
- Reduction in economic growth
- Increase in savings
- Reduction in exports
a) 3 and 4 only
b) 2 and 3
c) 1 and 4 only
d) 1 and 3 only
Answer »Answer: (d)
Inflation is a persistent increase in the general price level of goods and services in an economy over a period of time. When the general price level rises, each unit of currency buys fewer goods and services. Consequently, inflation reflects a reduction in the purchasing power per unit of money – a loss of real value.
High inflation means the excessive supply of money and thus leads to a rise in the cost of credit and interest rates. Higher inflation leads to a reduction in economic growth, a decrease in the cost of credit, increase in spending rather than saving as the value of money is declining.
Question : 18 [SSC SO 2005]
The basic regulatory authority for mutual funds and stock markets lies with the
a) Reserve Bank of India
b) Government of India
c) SEBI
d) Stock Exchange
Answer »Answer: (c)
The Securities and Exchange Board of India (frequently abbreviated SEBI) is the regulator for the securities market in India.
SEBI has to be responsive to the needs of three groups, which constitute the market:
- the issuers of securities;
- the investors; and
- the market intermediaries.
It is entrusted with regulating the business in stock exchanges and any other securities markets;
- registering and regulating the working of stockbrokers,
- sub-brokers,
- share transfer agents,
- bankers to an issue,
- trustees of trust deeds,
- registrars to an issue,
- merchant bankers,
- underwriters,
- portfolio managers,
- investment advisers and
- such other intermediaries who may be associated with securities markets in any manner; registering and regulating the working of [venture capital funds and collective investment schemes], including mutual funds; etc.
Question : 19 [SSC MTS 2013]
Which of the following Government of India programmes aims to help, build or upgrade dwelling units of below the poverty line rural families?
a) Jawahar Rozgar Yojana
b) National Social Assistance Programme
c) Indira Awaas Yojana
d) Jawaharlal Nehru National Urban Renewal Mission
Answer »Answer: (c)
India Awas Yojana is a Government of India social welfare programme to provide housing for the rural poor in India.
Started in 1985 as part of the Rural Landless Employment Guarantee Programme (RLEGP), Indira Awas Yojana was subsumed in Jawahar Rozgar Yojana in 1989 and has been operating as an independent scheme since 1996.
Question : 20 [SSC CGL 2014]
The Oilseeds Production Programme (OPP) was launched in
a) 1987
b) 1986
c) 1988
d) 1990
Answer »Answer: (b)
The Government of India started the Oil Seeds Production programme in 1986 to harness the best of production, processing and management technologies to accelerate self-reliance in oilseeds and vegetable oils.
The programme was designed to supplement the efforts of the state governments to increase the production and productivity of groundnut, rapeseed/ mustard, soybean, sunflower, Sesamum, castor, safflower, linseed and Niger grown in the states.
IMPORTANT indian economy mcq EXERCISES
-
Top 500+ Basic Indian Economy GK MCQ Quiz For SSC IBPS »
-
New Indian Economy GK MCQ Quiz PDF For UPSC/IAS Prelims »
-
Basic Indian Economy Concepts MCQs Quiz For RRB NTPC Exam »
-
New 499+ Fundamentals of Indian Economy MCQ Quiz For IBPS »
-
555+ Indian Economy Concepts Basics Fundamentals MCQ Quiz »
-
Top 500+ Indian Economy GK MCQs Quiz PDF For SSC UPSC RRB »
-
New 499+ Indian Economy GK Question And Answers Quiz PDF »
-
Best 500+ Indian Economy General Knowledge MCQ Quiz PDF »
-
500+ Indian Economy General Studies Online MCQ Quiz PDF »
-
New 500+ Indian Economy Basic Static GK MCQ Quiz For IBPS »
-
500+ Introduction to Indian Economy GK MCQ Quiz For SSC »
-
800+ Latest Indian Economy GK Questions & Answers MCQ PDF »
-
1000+ Indian Economy GK Questions And Answers Quiz PDF »
-
1000+ Indian Economy Basic Concepts GK MCQ PDF For SBI PO »
Introduction to Indian Economy Shortcuts »
Click to Read...introduction to indian economy section 1 Online Quiz
Click to Start..Introduction to Indian Economy Shortcuts and Techniques with Examples
indian economy MCQ CATEGORIES
-
» Introduction to Indian Economy
-
» Planning, Economic Development & Five year Plans
-
» National Income & Human Development Index
-
» Agriculture Sector, Subsidy and Food Processing
-
» Industries, Manufacturing & Service Sectors
-
» Inclusive growth, Sustainable development and employment
-
» Poverty & Unemployment
-
» Introduction to Micro Economics
-
» Introduction to Macro Economics
-
» Macro fundamentals, GDP, Investment, Growth
-
» Demand & Supply, Profit Loss, Inflation & Price Index
-
» Fiscal Policy, Public Finance and Monetary Policy
-
» Money Supply, Banking and Financial Institutions
-
» Taxes Types, Methods & Budgeting Process
-
» Banking, Security Market & Insurance
RECENT BLOGS
Recently Added Subject & Categories For All Competitive Exams
New 100+ Compound Interest MCQ with Answers PDF for IBPS
Compound Interest verbal ability questions and answers solutions with PDF for IBPS RRB PO. Aptitude Objective MCQ Practice Exercises all competitive exams
Continue Reading »
100+ Mixture and Alligation MCQ Questions PDF for IBPS
Most importantly Mixture and Alligation multiple choice questions and answers with PDF for IBPS RRB PO. Aptitude MCQ Practice Exercises all Bank Exams
Continue Reading »
IBPS Profit and Loss Questions Solved Problems with PDF
Most important Profit and Loss multiple choice questions and answers with PDF for IBPS RRB PO. 100+ Aptitude MCQ Practice Exercises all competitive exams
Continue Reading »
100+ Average Aptitude Questions Answers solutions MCQ PDF
New Average multiple choice questions and answers with PDF for IBPS RRB PO. 100+ Quantitative Aptitude MCQ Practice Exercises all competitive exams
Continue Reading »