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Q:

Structural employment arises due to

A) Deflationary Conditions B) Heavy industry bias
C) Shortage of raw meterials D) Inadequate productive capacity

Answer:   B) Heavy industry bias

Explanation:
Subject: Indian Economy
Q:

Who said 'Supply creates its own demand' ?

A) Marshall B) Ricardo
C) Adam Smith D) J. B. Say
 
Answer & Explanation Answer: D) J. B. Say

Explanation:
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1 35
Q:

The purchase of shares and bonds of Indian companies by Foreign Institutional Investors is called ?

A) FDI B) NRI Investment
C) Portfolio Investment D) Foreign Indirect Investment
 
Answer & Explanation Answer: D) Foreign Indirect Investment

Explanation:
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1 22
Q:

The First Five Year Plan was based on ___________.

A) Herold Domar Model B) P.C . Mahalanobis Model
C) Both the Above D) None of the above
 
Answer & Explanation Answer: A) Herold Domar Model

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4 220
Q:

The concept of Economic planning in India is derived from ________.

A) Russia B) Australia
C) USA D) UK
 
Answer & Explanation Answer: A) Russia

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4 206
Q:

Full convertibility of a rupee means ?

A) Determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply B) Repayment of loans in terms of rupees
C) Payment for imports in terms of rupees D) Purchase of foreign exchange for rupees freely
 
Answer & Explanation Answer: A) Determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply

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