Quiz 128: Indian Economy For State Level Public Service (PCS) Examinations

1. Which among the following may not lead to Inflation?
[A] Deficit Financing of Government Spending
[B] High Indirect Taxes
[C] Drop in Currency Rates
[D] Drop in public expenditure

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2. Which among the following may not be a consequence of Inflation?
[A] Higher speculative investments
[B] Equal distribution of Income
[C] Fall in Real Income of Salaried people
[D] Higher Production

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3. Which among the following is India’s first Expressway?
[A] Mumbai-Pune Expressway
[B] Ahmedabad-Vadodara Expressway
[C] Delhi-Gurgaon Expressway
[D] Jaipur-Kishangarh Expressway

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4. Who among the following headed the Committee to Review Arrangements for Institutional Credit for Agriculture and Rural Development (CRAFICARD) in 1979, whose recommendations led to the establishment of NABARD?
[A] R H Khan
[B] Raja Chelliah
[C] B. Sivaraman
[D] Amitabh Ghosh

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5. IMF can grant loan to __________?
[A] Any sovereign country of the World
[B] Any sovereign country of the World and Public Sector companies backed by Sovereign guarantee
[C] Any Member country of IMF
[D] Any Member country of IMF and Public Sector Companies backed by Sovereign guarantee of Member Country ‘

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6. India Brand Equity Foundation (IBEF) is a public-private partnership between the Ministry of Commerce and Industry, Government of India, and the________?
[A] Confederation of Indian Industry (CII)
[B] Federation of Indian Chambers of Commerce and Industry (FICCI)
[C] India Trade Promotion Organization (ITPO)
[D] None of the above

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7. Socioeconomic planning is a part of ____?
[A] Union list
[B] State list
[C] Concurrent list
[D] Reserved List

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8. Interest Rate Policy ” is declared as a part of ________?
[A] Fiscal Policy
[B] Monetary policy
[C] Taxation policy
[D] Monetary policy

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9. In which among the following forms, the Special Drawing Rights (SDR) are kept as currency of International Monetary Fund?
[A] Paper currency
[B] Gold
[C] Book keeping entry
[D] A combination of all of three

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10. In context with SEBI, which among the following is NOT a correct statement?
[A] It’s a Market Regulator
[B] It’s a Statutory Body
[C] Its chairman is appointed by President
[D] SEBI’s decision can be challenged in Securities Appellate Tribunal

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