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"No single commodity will give us correct picture of the general price
increase in the economy. So, we must create a ______ by taking into
account either all the commodities in the economy or a basket of
sufficiently large number of commodities that broadly represent the
economy. " [ 1 Mark ]
(a) deflation index
Q1
Q2
(b) ?pulled?
(c) transcended'
(d) shot'
(e) I am not attempting the question
The essence of ________ is to explore ways to optimize the use of
scare resources and to organize the society in a way that leads to the
most efficient use of those resources. [ 1 Mark ]
(a) Maths
Q3
(b) History
(c) Economics
(d) Geography
(e) I am not attempting the question
(b) money
(c) liquidity
(d) positivity
(e) I am not attempting the question
_____ are sales and purchases of government securities or bonds. [ 2
Marks ]
(a) IMOs
Q5
(b) SMOs
(c) OMOs
(d) LMOs
(e) I am not attempting the question
"By taxing the income of the rich at a much higher rate than the
income of the poor, the government attempts to reduce income
inequality." [ 1 Mark ]
Q6
(a) TRUE
(b) FALSE
(c) I am not attempting the question
(c) Depreciation
(d) Revenue
(e) I am not attempting the question
_______ is a measure of the extent to which the creation of money in
the banking system causes the growth in the money supply to exceed
growth in the monetary base. [ 2 Marks ]
(a) Cash multiplier
Q8
Q9
(a) tax
(b) non-tax
(c) I am not attempting the question
Household savings is composed of both _______ and _______ savings.
[ 3 Marks ]
(a) "real, financial"
Q1
0
(a) finite
1
(b) infinite
(c) I am not attempting the question
"While _______ price inflation is more popular in India, the Consumer
Price Index is a popular measure in developed nations like USA, UK. "
[ 3 Marks ]
(a) food
Q1
2
(b) consumer
(c) market
(d) WHOLESALE
(e) I am not attempting the question
_______ typically refers to the use of borrowed funds to increase
returns on any given investment. [ 2 Marks ]
(a) """Float"""
Q1
3
(b) """Deleverage"""
(c) """Margins"""
(d) ?Leverage?
(e) I am not attempting the question
(a) Macroeconomics
(b) Microeconomics
(c) I am not attempting the question
The insurance sector regulator in India is the ______. [ 2 Marks ]
(a) IRDA
Q1
6
(b) FMC
(c) SEBI
(d) RBI
(e) I am not attempting the question
Every business enterprise involves _____. [ 1 Mark ]
(a) risk
Q1
7
(b) ADP
(c) MDP
(d) LDP
(e) I am not attempting the question
____ is conventionally thought of in terms of branch plant or subsidiary
company operations that are controlled by parent companies based in
another country. [ 2 Marks ]
(a) FDI
Q2
0
(b) FPI
(c) ECB
(d) ECP
(e) I am not attempting the question
(b) fluctuating
(c) maximum
(d) constant
(e) I am not attempting the question
______ analyzes and studies decisions of individual economic agents
and how they interact in specific markets and allocate their limited
resources to optimize their own wellbeing. [ 2 Marks ]
Q2
3
(a) Macroeconomics
(b) Microeconomics
(c) I am not attempting the question
The overall _______ for a country in a given year is the sum of the
surplus/ deficits of current and capital accounts. [ 2 Marks ]
(a) Balance on revenue account
Q2
4
(a) TRUE
(b) FALSE
(c) I am not attempting the question
Usages of commodities as the medium of exchange in the early days
and measure of value correspond to what we presently call ______.
[ 1 Mark ]
(a) Cash'
Q2
7
(b) Exchange'
(c) ?Money?
(d) Coins'
(e) I am not attempting the question
_____ is the rate at which the central bank offers refinance to the
commercial banks. [ 3 Marks ]
(a) Level rate
Q2
8
(c) FMC
(d) RBI
(e) I am not attempting the question
The Forward Markets Commission (FMC) regulates ______ markets. [ 2
Marks ]
(a) equity
Q3
0
(b) cash
(c) finance
(d) commodities
(e) I am not attempting the question
"A _____ refers to a situation when an unusually large number of
depositors rush in to withdraw their deposits, fearing that the bank
may fail." [ 2 Marks ]
(a) bank run
Q3
1
(b) coersion
(c) dictats
(d) taxes
(e) I am not attempting the question
"In economics, the resources which are used to produce goods and
services are called _______. " [ 2 Marks ]
(a) ?factors of products?
Q3
4
Q3
5
(a) FALSE
(b) TRUE
(c) I am not attempting the question
(c) Go up
(d) I am not attempting the question
One of the important characteristics of the financial markets is that it
is a source of _______. [ 1 Mark ]
(a) zero risk
Q3
7
Q3
8
(b) trade
(c) transfer
(d) barter
(e) I am not attempting the question
"While wheat becomes an ingredient for producing the bread, the oven
is only a tool to produce it. Such goods are called _____ Goods." [ 2
Marks ]
(a) Producing
Q3
9
(b) Revenue
(c) Production
(d) Capital
(e) I am not attempting the question
(b) M3
(c) M4
(d) M2
(e) I am not attempting the question
_______ are instruments used by foreign investors not registered with
the Indian regulators for taking an exposure in the domestic market. [
3 Marks ]
(a) International Notes (INs)
Q4
1
Q4
2
(b) Revenue
(c) Internal
(d) External
(e) I am not attempting the question
Q4 _______means that the country is buying goods and services that have
3 been produced abroad. [ 1 Mark ]
(a) Exporting
(b) Importing
(c) I am not attempting the question
The ________ is measured at regular intervals and changes in the
index are an indicator of the average price movement of a fixed
basket of goods and services (that represent the entire economy). [ 1
Mark ]
(a) inflation index
Q4
4
Q4
5
(b) inflation
(c) hyper-inflation
(d) deflation
(e) I am not attempting the question
(a) ?exporting?
(b) importing'
(c) I am not attempting the question
The financial market for securities with maturities of less than one
year is known as _______. [ 1 Mark ]
(a) derivatives market
Q4
8
Q4
9
(a) exceed
(b) is less than
(c) I am not attempting the question
(d) minimum
(e) I am not attempting the question
The wholesale price inflation is also called the ______ inflation [ 2
Marks ]
(a) advanced
Q5
1
(b) basic
(c) headline
(d) timeline
(e) I am not attempting the question
Inflation is the _____ of price increase. [ 2 Marks ]
(a) difference
Q5
2
(b) rate
(c) sum
(d) dispersion
(e) I am not attempting the question
"Trade among developed countries could not be explained by absolute
advantage. To explain this, David Ricardo propounded the law of
_______." [ 1 Mark ]
(a) recovarable advantage
Q5
3
Q5
5
Q5
6
(a) unlimited
(b) limited
(c) I am not attempting the question
(d) Recurring
(e) I am not attempting the question
"The Reserve Bank of India was established on April 1, 1935 under the
_______, which was passed in the year 1934. " [ 1 Mark ]
(a) Reserve Bank of India Act
Q5
8
Q5
9
Q6
0