introduction to indian economy section 3 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
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introduction to indian economy section 12
introduction to indian economy section 13
introduction to indian economy section 14
Question : 13
Consider the following statements and select the correct code :
- Most of the governments run unbalanced budgets.
- In a balanced budget there could be budget surplus but no budget deficit.
a) Only 2
b) Both 1 and 2
c) Only 1
d) Neither 1 nor 2
Answer »Answer: (c)
When the total expenditures of a government is equal to the taxes and other receipts it is a balanced budget. All budgets with either deficits or surpluses are unbalanced.
Question : 14 [SSC SIG 2005]
Which car has been the best seller in India in 2004-2005 ?
a) Maruti Suzuki Alto
b) Maruti 800
c) Tata Indica
d) Santro Xing
Answer »Answer: (a)
After beating the Maruti 800 over the second half of 2004, the Maruti Alto officially took the title of the bestselling car in India over the Full Year 2005.
Below the Alto at 102,970 units, the Hyundai Santro (aka Atos), built-in India, took the 2nd spot over the period at 73,822 sales and the Tata Indica was 3rd with 70,267 sales.
Question : 15
Which of the following will not be the part of ‘financial inclusion’?
- Opening educational centres.
- Opening wealth management centres by Citibank.
- Eradication of poverty.
- Report of Khan Commission on financial inclusion.
a) 1, 3 and 4
b) 1, 2 and 4
c) 1, 2 and 3
d) 1, 2, 3 and 4
Answer »Answer: (b)
Financial inclusion is the delivery of financial services, at affordable costs, to sections of disadvantaged and low-income segments of society.
It includes opening educational centres, opening wealth management centres by Citibank, etc. Khan Commission had put the report on financial inclusion.
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Introduction to Indian Economy Shortcuts »
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indian economy MCQ CATEGORIES
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» Introduction to Indian Economy
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» Planning, Economic Development & Five year Plans
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» National Income & Human Development Index
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» Agriculture Sector, Subsidy and Food Processing
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» Industries, Manufacturing & Service Sectors
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» Inclusive growth, Sustainable development and employment
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» Poverty & Unemployment
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» Introduction to Micro Economics
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» Introduction to Macro Economics
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» Macro fundamentals, GDP, Investment, Growth
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» Demand & Supply, Profit Loss, Inflation & Price Index
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» Fiscal Policy, Public Finance and Monetary Policy
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» Money Supply, Banking and Financial Institutions
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» Taxes Types, Methods & Budgeting Process
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» Banking, Security Market & Insurance
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