1. Which among the following Five Year Plans was launched with specific objective of “Growth with Stability”?
[A] 3rd Five year Plan
[B] 4th Five year Plan
[C] 5th Five year Plan
[D] 6th Five year Plan
Show Answer
Correct Answer: B [4th Five year Plan]
2. If the demand and supply of a commodity increase by an equal absolute amount, what will be the effect on market price?
[A] Increase
[B] Decrease
[C] Remain Stable
[D] First decrease then increase
Show Answer
Correct Answer: C [Remain Stable]
3. A rise in price of one commodity will induce a fall in demand of another commodity, then the commodities are___?
[A] Complimentary
[B] Supplementary
[C] Competing
[D] Auxiliary
Show Answer
Correct Answer: A [Complimentary]
4. Which among the following is a most suitable example of double counting in national income ?
[A] Wages of bus and train drivers
[B] Cotton output and cotton cloth output
[C] Electricity output and water output
[D] Tax receipts and earnings of inland revenue officials
Show Answer
Correct Answer: B [Cotton output and cotton cloth output]
5. Which among the following is considered to be the best measure of an increase in a country’s economic efficiency ?
[A] Increase in annual private investment
[B] Increase in real national income
[C] Increase in real per capita income
[D] Increase in net annual investment
Show Answer
Correct Answer: C [Increase in real per capita income]
6. Why the Transfer incomes are not included in the national income accounts?
[A] They do not represent payment for economic activity
[B] There is now way of calculating them correctly
[C] They are already included in the total of personal income
[D] They are already included in company earnings
Show Answer
Correct Answer: A [They do not represent payment for economic activity]
7. An autonomous increase in expenditure should result in an increase in a country’s real GNP only if ?
[A] The country’s balance of trade is negative
[B] The country’s economy is working under conditions of less than full employment
[C] It is government expenditure
[D] The multiplier is at least 1.5
Show Answer
Correct Answer: B [The country’s economy is working under conditions of less than full employment]
8. Which among the following is considered to be the main determinant of the level of activity is in national income terms?
[A] The level of taxation
[B] Realized investment
[C] Planned saving
[D] Factor mobility
Show Answer
Correct Answer: B [Realized investment]
9. The first step towards electronic bond trading in India was the introduction of the RBIs Negotiated Dealing System. In which year NDS was launched?
[A] 2000
[B] 2002
[C] 2003
[D] 2004
Show Answer
10. Consider the following:
1. Dated Securities
2. T-Bills
3. Certificates of Deposit (CDs)
4. Municipal Bonds
The Individuals in India can invest in which among the above?
[A] 1
[B] 1,2
[C] 1,2,3
[D] 1,2,3,4
Show Answer
Correct Answer: D [1,2,3,4]
Comments
sunil
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sairam
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Thanks for your effort..
monika mishra
wat is realized investment(Q8.plz explain.
nice effort…
thanx a lot…
v.useful stuff
[email protected]
good effort to improve knowledge on same platform
kanika
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dinesh
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richa
great work done by u
shweta
fantastic collection.
Gurbinder
Thanks for sharing great knowledge!
biswa.j.sarmah
its useful..keep it up.
prem31jan
i like the quality of question…
George
Bombay Stock Exchange Estd. in 1875 & Calcutta Stock Exchange in 1908, so answer of 12th question is wrong.
Navneet shahi
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