macro fundamentals, GDP, investment & growth section 1 Practice Questions Answers Test with Solutions & More Shortcuts
Macro fundamentals, GDP, Investment, Growth PRACTICE TEST [4 - EXERCISES]
macro fundamentals, GDP, investment & growth section 1
macro fundamentals, GDP, investment & growth section 2
macro fundamentals, GDP, investment & growth section 3
macro fundamentals, GDP, investment & growth section 4
Question : 6 [RAS (Pre) 2013]
Public procurement of food grains at support prices insures the following.
- Stability in farm prices
- Remunerative prices to the farmers
- Building food stocks for public distribution
a) 2 and 3
b) 1 and 2
c) Only 3
d) 1, 2 and 3
Answer »Answer: (d)
Question : 7
Which of the following statements are correct about CPI rural, CPI urban and CPI combined index?
- Inflation data is published by NSO
- The base year is 2011-12
- It is released for all India and for states and UTs separately on a monthly basis
a) (ii) & (iii) only
b) (ii) only
c) (i) only
d) All of the above
Answer »Answer: (d)
Question : 9 [PSC (Pre) 2011]
Why is the Government of India disinvesting its equity in the Central Public Sector Enterprises (CPSEs)?
- Government intends to use the revenue earned from the disinvestment mainly to pay back the external debt.
- The government no longer intends to retain the managements control of the CPSEs.
a) Only 2
b) Only 1
c) Neither 1 nor 2
d) Both 1 and 2
Answer »Answer: (c)
Question : 10
The demand for GDP in the economy comes from which of the following sectors:
- Household
- Private
- Government
- External
a) (i), (ii) & (iii) only
b) (ii) & (iii) only
c) (i) & (ii) only
d) All of the above
Answer »Answer: (d)
An economy produces two types of final goods i.e. consumption and capital goods. Consumption goods get consumed and capital goods are used for further production processes (capital goods are also called investment).
The value of these two goods produced in the economy in a year is called GDP. These two types of goods i.e. GDP is purchased by the four sectors of the economy
- Household sector (consumption goods)
- Private sector (capital goods)
- Government sector (consumption and capital both)
- External sector (consumption and capital booth)
IMPORTANT indian economy mcq EXERCISES
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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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