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 Indian Economy Questions

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Q:

If expenses are paid in cash then

A) assets will decrease. B) assets will increase.
C) liabilities will decrease. D) stockholders' equity will increase.
 
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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1577
Q:

The average product curve are inverse ____ shaped.

A) X B) W
C) V D) U
 
Answer & Explanation Answer: D) U

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1 1561
Q:

Which one of the following is not an instrument of credit control in India?

A) Rationing of credit B) Direct Action
C) Open Market operations D) Variable cost reserve ratios
 
Answer & Explanation Answer: D) Variable cost reserve ratios

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1 1557
Q:

Medium term loans are provided for a period of _____.

A) 1 year to 2 years B) 15 months to 3 years
C) 15 months to 4 years D) 1 year to 3 years
 
Answer & Explanation Answer: D) 1 year to 3 years

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0 1536
Q:

One of the following is 'Labour' in Economics.

A) A Musician performing for a benefit fund B) A Painter working for his own pleasure
C) Reading a book as a hobby D) A Mother teaching her own son
 
Answer & Explanation Answer: A) A Musician performing for a benefit fund

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0 1533
Q:

If a budget is defeated in the legislature of a state then

A) The Finance Minister alone has to resign B) The Finance Minister concerned has to be suspended
C) The council of Ministers along with the Chief Minister has to resign D) Re­election have to be ordered
 
Answer & Explanation Answer: C) The council of Ministers along with the Chief Minister has to resign

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0 1528
Q:

Which of the following is represented by 'Lorenz Curve'?

A) Employment B) Inflation
C) Deflation D) Income Distribution
 
Answer & Explanation Answer: D) Income Distribution

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1 1513
Q:

The second Green Revolution aims at increasing agricultural output to promote

A) Availability of easy credit to big farmers B) Co-operative farming
C) Inclusive growth D) Development of rural sector
 
Answer & Explanation Answer: C) Inclusive growth

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