[amp_mcq option1=”government expenditure leads to increase in the aggregate supply in ratio of aggregate demand” option2=”only aggregate demand is increased” option3=”all the expenditure is denoted national debt payment only” option4=”All of the above” correct=”option1″]
Indian Economy
2. If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits A. will decrease B. will increase C. will neither increase nor decrease D. None of the above
[amp_mcq option1=”will decrease” option2=”will increase” option3=”will neither increase nor decrease” option4=”None of the above” correct=”option3″]
3. Depreciation means A. closure of a plant due to lock out B. closure of a plant due to labour trouble C. loss of equipment over time due to wear and tear D. destruction of a plant in a fire accident
[amp_mcq option1=”closure of a plant due to lock out” option2=”closure of a plant due to labour trouble” option3=”loss of equipment over time due to wear and tear” option4=”destruction of a plant in a fire accident” correct=”option3″]
4. Since independence, both development and non-development expenditures have increased; the increase in the former being a little more than in the other. Non-development expenditure involves I=interest payments II=subsidies III=defence IV=irrigation A. I, II B. I C. I, II, III D. II, III, IV
[amp_mcq option1=”I, II” option2=”I” option3=”I, II, III” option4=”II, III, IV” correct=”option1″]
5. In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India? A. Chemicals other than fertilizers B. Services sector C. Food processing D. Telecommunication
[amp_mcq option1=”Chemicals other than fertilizers” option2=”Services sector” option3=”Food processing” option4=”Telecommunication” correct=”option2″]
6. Devaluation of a currency means A. fall in exchange value of a country by market forces B. reduction in external value/exchange value of currency by the government C. reduction in currency value due to wear and tear D. all of the above
[amp_mcq option1=”fall in exchange value of a country by market forces” option2=”reduction in external value/exchange value of currency by the government” option3=”reduction in currency value due to wear and tear” option4=”all of the above” correct=”option1″]
7. Gilt-edged market means A. bullion market B. market of government securities C. market of guns D. market of pure metals
[amp_mcq option1=”bullion market” option2=”market of government securities” option3=”market of guns” option4=”market of pure metals” correct=”option2″]
8. ICICI is the name of a A. chemical industry B. bureau C. corporation D. financial institution
[amp_mcq option1=”chemical industry” option2=”bureau” option3=”corporation” option4=”financial institution” correct=”option4″]
9. Development expenditure of the Central government does not include A. defence expenditure B. expenditure on economic services C. expenditure on social and community services D. grant to states
[amp_mcq option1=”defence expenditure” option2=”expenditure on economic services” option3=”expenditure on social and community services” option4=”grant to states” correct=”option4″]
10. The central banking functions in India are performed by the I=Central Bank of India II=Reserve Bank of India III=State Bank of India IV=Punjab National Bank A. I, II B. II C. I D. II, III E. IV
[amp_mcq option1=”I, II” option2=”II” option3=”I” option4=”II, III E. IV” correct=”option2″]