Economy PYQ — Page 8

Economic growth in country X will necessarily have to occur if

Disguised unemployment generally means

Consider the following statements: 1. Inflation benefits the debtors. 2. Inflation benefits the bondholders. Which of the statements given above is/are correct?

Consider the following liquid assets: 1. Demand deposits with the banks 2. Time deposits with the banks 3. Savings deposits with the banks 4. Currency The correct sequence of these assets in the decreasing order of liquidity is

An increase in the Bank Rate generally indicates that the

A rise in general level of prices may be caused by 1. an increase in the money supply 2. a decrease in the aggregate level of output 3. an increase in the effective demand Select the correct answer using the codes given below.

Which of the following would include Foreign Direct Investment in India? 1. Subsidiaries of foreign companies in India 2. Majority foreign equity holding in Indian companies 3. Companies exclusively financed by foreign companies 4. Portfolio investment Select the correct answer using the codes given below:

Which of the following measures would result in an increase in the money supply in the economy? 1. Purchase of government securities from the public by the Central Bank 2. Deposit of currency in commercial banks by the public 3. Borrowing by the government from the Central Bank 4. Sale of government securities to the public by the Central Bank Select the correct answer using the codes given below:

Under which of the following circumstances may 'capital gains' arise? 1. When there is an increase in the sales of a product 2. When there is a natural increase in the value of the property owned 3. When you purchase a painting and there is a growth in its value due to increase in its popularity Select the correct answer using the codes given below:

The Reserve Bank of India (RBI) acts as a bankers' bank. This would imply which of the following? 1. Other banks retain their deposits with the RBI. 2. The RBI lends funds to the commercial banks in times of need. 3. The RBI advises the commercial banks on monetary matters. Select the correct answer using the codes given below:

The Multi-dimensional Poverty Index developed by Oxford Poverty and Human Development Initiative with UNDP support covers which of the following? 1. Deprivation of education, health, assets and services at household level 2. Purchasing power parity at national level 3. Extent of budget deficit and GDP growth rate at national level Select the correct answer using the codes given below:

The endeavour of 'Janani Suraksha Yojana' Programme is 1. to promote institutional deliveries 2. to provide monetary assistance to the mother to meet the cost of delivery 3. to provide for wage loss due to pregnancy and confinement Which of the statements given above is/are correct?

The basic aim of Lead Bank Scheme is that

How does the National Rural Livelihood Mission seek to improve livelihood options of rural poor? 1. By setting up a large number of new manufacturing industries and agribusiness centres in rural areas 2. By strengthening 'self-help groups' and providing skill development 3. By supplying seeds, fertilizers, diesel pump-sets and micro-irrigation equipment free of cost to farmers Select the correct answer using the codes given below:

Consider the following statements: 1. The price of any currency in international market is decided by the 2. World Bank 3. demand for goods/services provided by the country concerned 4. stability of the government of the concerned country 5. economic potential of the country in question Which of the statements given above are correct?

Consider the following: 1. Hotels and restaurants 2. Motor transport undertakings 3. Newspaper establishments 4. Private medical institutions The employees of which of the above can have the 'Social Security' coverage under Employees' State Insurance Scheme?

With reference to "Aam Admi Bima Yojana", consider the following statements : 1. The member insured under the scheme must be the head of the family or an earning member of the family in a rural landless household. 2. The member insured must be in the age group of 30 to 65 years. 3. There is a provision for free scholarship for up to two children of the insured who are studying between classes 9 and 12. Which of the statements given above is/are correct ?

Why is the offering of "teaser loans" by commercial banks a cause of economic concern ? 1. The teaser loans are considered to be an aspect of sub-prime lending and banks may be exposed to the risk of defaulters in future. 2. In India, the teaser loans are mostly given to inexperienced entrepreneurs to set up manufacturing or export units. Which of the statements given above is/are correct ?

Which one of the following statements appropriately describes the "fiscal stimulus" ?

Which one of the following is not a feature of "Value Added Tax"?

Which of the following can aid in furthering the Government's objective of inclusive growth ? 1. Promoting Self-Help Groups 2. Promoting Micro, Small and Medium Enterprises 3. Implementing the Right to Education Act Select the correct answer using the codes given below :

What is the difference between "vote-on-account" and "interim budget"? 1. The provision of a "vote-on-account" is used by a regular Government, while an "interim budget" is a provision used by a caretaker Government. 2. A "vote-on-account" only deals with the expenditure in Government's budget, while an "interim budget" includes both expenditure and receipts. Which of the statements given above is/are correct?

The lowering of Bank Rate by the Reserve Bank of India leads to

Microfinance is the provision of financial services to people of low-income groups. This includes both the consumers and the self-employed. The service/services rendered under microfinance is/are : 1. Credit facilities 2. Savings facilities 3. Insurance facilities 4. Fund Transfer facilities Select the correct answer using the codes given below the lists :