Indian Economy Questions

Q:

If the ___________ firm has zero costs or only has fixed cost, the quantity supplied in equilibrium is given by the point where the average revenue is zero.

A) Perfect Competition B) Monopoly
C) Oligopoly D) Monopolistic Competition
 
Answer & Explanation Answer: A) Perfect Competition

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Q:

Capital structure decisions refer to the

A) capital gains available on the firm's stock. B) dividend yield of the firm's stock.
C) maturity date for the firm's securities D) blend of equity and debt used by the firm.
 
Answer & Explanation Answer: D) blend of equity and debt used by the firm.

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Q:

In October 2017, RBI planned to make ______ compulsory for companies having aggregate exposure over Rs 5 crore.

A) Index Identifier B) Economic Fund Identifier
C) Legal Entity Identifier D) No option is correct
 
Answer & Explanation Answer: C) Legal Entity Identifier

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Q:

The closest example of a centrally planned economy is the __________ for the major part of the 20th Century.

A) USA B) India
C) Soviet Union D) Japan
 
Answer & Explanation Answer: C) Soviet Union

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Q:

If the ___________ firm has zero costs or only has fixed cost, the quantity supplied in equilibrium is given by the point where the marginal revenue is zero.

A) Perfect Competition B) Monopoly
C) Oligopoly D) Monopolistic Competition
 
Answer & Explanation Answer: B) Monopoly

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Q:

What was the debt-to-GDP ratio for the Financial Year 2016-17?

A) 60.40% B) 49.40%
C) 50.40% D) 55.40%
 
Answer & Explanation Answer: B) 49.40%

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Q:

The SLR is determined by the RBI. SLR stands for

A) States Leverage Return B) Savings Lease Rate
C) Statutory Liquidity Ratio D) Safe Legal Range
 
Answer & Explanation Answer: C) Statutory Liquidity Ratio

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Q:

Movement along the supply curve is known as ______

A) Contraction of supply B) Expansion of supply
C) Increase in supply D) Expansion and contraction of supply
 
Answer & Explanation Answer: D) Expansion and contraction of supply

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