Indian Economy MCQs

51. Which of the following have the highest share in the distribution of credit to agriculture and allied sectors?
[A] Co-operative banks
[B] Regional rural banks
[C] Commercial banks
[D] Indigenous money lenders

Show Answer

52. Urban Co-operative banks are governed by?
[A] State Governments
[B] RBI
[C] Both a and b
[D] Central Government

Show Answer

53. RBI revision of Repo/Reverse Repo rate by 10 basis points implies, which among the following fractions:
[A] 1%
[B] 10%
[C] 100%
[D] 0.10%

Show Answer

54. Economic growth is normally coupled with?
[A] Inflation
[B] Hyper Inflation
[C] Deflation
[D] Stagflation

Show Answer

55. The Government has launched the UDYAMI helpline for which among the following?
[A] Large capital Industries
[B] Female entrepreneur
[C] Farmers introducing technology in Farming
[D] Micro, small & medium size enterprises

Show Answer

56. Which among these is most volatile Foreign Capital?
[A] External Commercial Borrowings
[B] Foreign Direct Investment
[C] Loans from International Financial Institutions
[D] Foreign Portfolio Investment

Show Answer

57. Which among the following is correct representation of the Money Multiplier?
[A] Ratio of Broad Money (M3) to Reserved Money (M0) i.e. M3/M0
[B] Ratio of Broad Money (M3) to Narrow Money (M1) i.e. M3/M1
[C] Ratio of Narrow Money (M1) to Broad Money (M3) i.e. M1/M3
[D] Ratio of Narrow Money (M1) to Reserved Money (M0) i.e. M1/M0

Show Answer

58. Which among the following is known as Gresham’s Law?
[A] Good Money (if not limited in quantity) drives out bad money out of circulation
[B] Bad Money (if not limited in quantity) drives out Good money out of circulation
[C] Good Money (if limited in quantity) drives out bad money out of circulation
[D] Bad Money (if limited in quantity) drives out Good money out of circulation

Show Answer

59. Which among the following correctly denotes the Primary Deficit?
[A] Revenue Expenditure – Revenue Receipts
[B] sum of the net increase in holdings of treasury bills of the RBI and its contributions to the market borrowing of the government.
[C] Budgetary Deficit + Govt. market borrowings and liabilities
[D] Fiscal Deficit – Interest Payments

Show Answer

60. What is the full form of LIBOR (The interest rate at which banks offer to lend funds in the interbank market)
[A] Liverpool Inter Bank Offered Rate.
[B] London Inter Bank Offered Rate.
[C] Las Vegas Inter Bank Offered Rate.
[D] Los Angeles Inter Bank Offered Rate.

Show Answer

Advertisement

Kindly help us to keep GKToday updated and error free. Use this form to report error or outdated information in questions. We shall rectify asap...