National Income & Human Development Index Section 4 Practice Questions Answers Test With Solutions & More Shortcuts
NATIONAL INCOME & HUMAN DEVELOPMENT INDEX PRACTICE TEST [5 - EXERCISES]
National Income & Human Development Index Section 1
National Income & Human Development Index Section 2
National Income & Human Development Index Section 3
National Income & Human Development Index Section 4
National Income & Human Development Index Section 5
Question : 16 [UPPCS (Mains) 2010]
The World Investment Report (WIR) is published by
a) General Agreement on Tariffs on Trade (GATT)
b) International Monetary Fund (IMF)
c) Organisation of Economic Cooperation and Development (OECD)
d) United Nations Conference on Trade and Development (UNCTAD)
Answer »Answer: (d)
Question : 19
The reason in difference between GNP and GDP is
a) Net Foreign Investment
b) Gross Foreign Investment
c) Net Exports
d) Net Factor Income from abroad
Answer »Answer: (d)
NIFA = GNP - GDP
NIFA: refers to the net flow of property income to and from the rest of the world plus the net flow of compensation of employer.
Question : 20
The existence of a parallel economy or black money
a) makes the monetary policies less effective
b) makes the economy more competitive
c) ensure a better distribution of income and wealth
d) ensure increasing productive investment
Answer »Answer: (a)
The existence of a parallel economy or black money makes the monetary policies less effective.
A parallel economy, based on black money or unaccounted money, causes high circulation of money in the market and thus causes inflation etc.
Black Money - Black Money is the proceeds of an illegal transaction on which income and other taxes have not been paid and which can only be legitimised by some form of Money Laundering
IMPORTANT INDIAN ECONOMY MCQ EXERCISES
National Income & Human Development Index 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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