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Quiz 590: GK Questions of Indian Economy for Civil Services & RBI Management Grade Exams

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1.
Which among the following is the correct description of Nagara , Dravida and Vesara?
2.
Consider the following statements in the context of Banking in India:
  1. Under the Repo rate, banks can borrow above their SLR requirements from the RBI, while under the Marginal Standing Facility (MSF), banks can borrow within their SLR requirements.
  2. Under the Repo rate, banks can borrow up to 5% of their net demand and time liabilities (NDTL), while under the MSF, they can borrow with no limit.
Which of the above statements is / are correct?
3.
Which of the following entities in India can use "Repo Bonds" to raise short-term funds from markets?
  1. Commercial Banks
  2. Corporate
  3. Governments
Select the correct option from the codes given below:
4.
With reference to a company making a public issue of securities, consider the following statements regarding the Draft Red Herring Prospectus (DRHP):
  1. It provides financial details about the company.
  2. It states the objects of raising money.
  3. It specifies the price and size of the offerings.
Select the correct option from the codes given below:
5.
With reference to the Price Monitoring Division (PMD) in India, which of the following commodities' prices are monitored by it?
  1. Banana
  2. Red Chilli
  3. Ragi
  4. Masur Dal
Select the correct option from the codes given below:
6.
One of the economic laws says that as incomes increase, the proportion of starchy staples in the food basket declines relative to the share of more expensive sources of calories. What this hypothesis is known as ?
7.
Consider the following statements regarding Infrastructure Debt Funds (IDFs) in India:
  1. IDFs can be established as a trust in India, but not as a company.
  2. IDFs are regulated by SEBI.
Which of the above statements is/are correct?
8.
In context with India’s Oil and Gas fields consider the following:
  1. Only Oil Fields
  2. Only Gas Fields
  3. Both Oil and Gas Fields
Which among the following options gives the correct decreasing order of numbers of the fields classified as above?
9.
It has been generally viewed that when an economy grows beyond its potential growth rate, it causes inflation. How does growing faster than the potential rate cause inflation?
10.
Consider the following statements in context with India’s planning experience:
  1. Planning in the sense of formal projections on the basis of certain sets of assumptions started only in the Second Five Year Plan in India
  2. The theoretical assumptions in the Second Five Year Plan were provided by the Mahalanobis Model of growth
  3. The Mahalanobis Model of growth incorporates the possibilities opened up by Foreign Trade
Which of the above statements is/are correct?
Originally written on January 27, 2012 and last modified on August 4, 2020.
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6 Comments

  1. @admin

    January 28, 2012 at 1:09 pm

    Wonderful explanations!!!

    Reply

  2. Mallikarjun.R.R.

    January 28, 2012 at 2:34 pm

    Thanku so much sir, this is very useful to us for a improve the knowledge. keep it up sir.

    Reply

  3. mohitverma

    January 31, 2012 at 10:24 pm

    how can i convert this page into pdf

    Reply

  4. Santosh

    February 2, 2012 at 9:56 pm

    very gud information .. thanks

    Reply

  5. kanchana

    February 3, 2012 at 1:29 pm

    Excellent… thank u…

    Reply

  6. takshak

    April 7, 2012 at 7:20 pm

    tnx sir rely usful

    Reply

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