Q 21. In Which Economy a producer is free to set up any type of firm and produce goods and services of his choice?
Q 22. Which of the following statements is true about the Taxation?
Statement- I - Co-operation tax and Customs duties are to be levied and collected by the Union and the entire proceeds therefrom are to be retained by it.
Statement- II - income tax, and excise duties are levied and collected by the Union but proceeds are shared with the States.
Statement- III - Estate duties and terminal taxes on goods and services are levied by the Union but collected and retained by the States.
Statement- IV - The property of the Union is exempt from State taxation. The property and income of the States are exempt from the Union taxation.
Q 23. Arrange the following steps of IPO in a chronological order:
I. Advertisement of the impending IPO across the country
II. Making An Application to The Stock Exchange
III. Pricing
IV. Hiring Of an Underwriter or Investment Bank
V. Allotment of Shares
VI. Verification by SEBI
Q 24. Fill in the blank
If we deduct depreciation from GNP the measure of aggregate income that we obtain is called _____________________.
Q 25. Who introduced the concept of disinvestment?
Q 26. Use the information below to calculate GDP.
Consumer spending = Rs. 500 crores
Investment spending = Rs. 70 crores
State government spending = Rs. 200 crores
Union government spending = Rs. 120 crores
Imports = Rs. 75 crores
Exports = Rs. 40 crores
Income taxes = Rs. 150 crores
Q 27. Match the following type of Imperfectly competitive markets with their meaning in column II.
Imperfectly competitive markets Countries
I. Monopoly A. Market situation in which there are few firms producing either differential goods or closely differential goods.
II. Monopolistic Competition B. Market situation where there is one seller and there is no close substitute to the commodities sold by the seller.
III. Oligopoly C. Here only two producers exist in one market.
IV. Duopoly D. Market in which there are large numbers of sellers selling differentiated products which are similar in nature but not homogenous.
Q 28. Which of the following statements is not true about the Human Capital Formation in India?
Statement- I - Investments in health could be considered as one of the sources of human capital.
Statement- II - Health expenditure is a source of human capital formation.
Statement- III- Only Human Capital formation are outcomes of conscious investment decisions.
Q 29. Among the below given, which of the following is correctly matched on the basis of the annual turnover in different types of MSME?
Q 30. _____________ focuses on meeting the needs of the present without compromising the ability of future generations to meet their needs.
Q 31. Which of the following is true about Portfolio Management?
Statement- I - NBFCs which engage in merchant banking and portfolio management services are governed by RBI.
Statement- II - The Unit-Trust of India was formally established in February 1998.
Statement- III - The primary objective of the Unit Trust was two-fold: (a) stimulate and pool the income and to enable them to share the benefits and prosperity of the society for welfare.
Statement- IV - The Trust had built up a portfolio of investments which was balanced between the fixed income bearing securities and variable income-bearing securities.
Q 32. Which of the following statements is true?
Statement- I - Parallel economy is a cause of big loss in the tax-revenues for the Government.
Statement- II - Black money may be defined as the money that is generated by activities that are kept secret in the sense that these are not reported to the authorities.
Statement- III - Black money is just the opposite of parallel economy
Statement- IV - Black money is also not accounted to the fiscal authorities
Q 33. Which among the following are referred to as Plastic money?
Q 34. Consider the effect of positive and negative money multipliers and choose the correct statement.
I. When an initial increase in injection leads to a greater final increase in real GDP, it is a positive multiplier.
II. When an initial increase in injection leads to a greater final decrease in real GDP, it is a negative multiplier.
Q 35. Directions [Set of 4 Questions]:Consider the following passage and answer the questions that follow:
stock exchange is an institution which provides a platform for buying and selling of existing securities. As a market, the stock exchange facilitates the exchange of a security (share, debenture etc. ) into money and vice versa. Stock exchanges help companies raise finance, provide liquidity and safety of investment to the investors and enhance the credit worthiness of individual companies. According to Securities Contracts (Regulation) Act 1956, stock exchange means anybody of individuals, whether incorporated or not, constituted for the purpose of assisting, regulating or controlling the business of buying and selling or dealing in securities.
Consider the following statement about the stock market indexes and choose the correct statement.
I. A stock market index is a barometer of market behaviour as it measures overall market sentiment.
II. In the Indian markets the BSE's NIFTY and NSE's SENSEX are important indices.
III. Indexes reflect market direction and day-to-day fluctuations.
Q 36. Directions [Set of 4 Questions]:Consider the following passage and answer the questions that follow:
stock exchange is an institution which provides a platform for buying and selling of existing securities. As a market, the stock exchange facilitates the exchange of a security (share, debenture etc. ) into money and vice versa. Stock exchanges help companies raise finance, provide liquidity and safety of investment to the investors and enhance the credit worthiness of individual companies. According to Securities Contracts (Regulation) Act 1956, stock exchange means anybody of individuals, whether incorporated or not, constituted for the purpose of assisting, regulating or controlling the business of buying and selling or dealing in securities.
Which of the following statements is NOT correct?
Q 37. Directions [Set of 4 Questions]:Consider the following passage and answer the questions that follow:
stock exchange is an institution which provides a platform for buying and selling of existing securities. As a market, the stock exchange facilitates the exchange of a security (share, debenture etc. ) into money and vice versa. Stock exchanges help companies raise finance, provide liquidity and safety of investment to the investors and enhance the credit worthiness of individual companies. According to Securities Contracts (Regulation) Act 1956, stock exchange means anybody of individuals, whether incorporated or not, constituted for the purpose of assisting, regulating or controlling the business of buying and selling or dealing in securities.
Which among the following is a negotiated market place that exists anywhere as opposed to the auction market place and liquidity for less traded securities or that of small companies?
Q 38. Directions [Set of 4 Questions]:Consider the following passage and answer the questions that follow:
stock exchange is an institution which provides a platform for buying and selling of existing securities. As a market, the stock exchange facilitates the exchange of a security (share, debenture etc. ) into money and vice versa. Stock exchanges help companies raise finance, provide liquidity and safety of investment to the investors and enhance the credit worthiness of individual companies. According to Securities Contracts (Regulation) Act 1956, stock exchange means anybody of individuals, whether incorporated or not, constituted for the purpose of assisting, regulating or controlling the business of buying and selling or dealing in securities.
BSE Ltd formerly known as Bombay Stock Exchange Ltd is a major stock exchange of India, which of the following statements is true about BSE?
I. BSE Ltd was Asia's first Stock Exchange.
II. The benchmark index of BSE is made up of 30 of the most actively traded stocks in the market.
Q 39. Consider the following statements with respect to fungibility of money and choose the correct statement.
I. Currency notes and gold are considered to be fungible as Mutual Substitution and division is possible.
II. Precious stones are non fungible.
Q 40. Given below are the two statements marked as Assertion (A) and Reason (R) . Choose the correct answer.
Assertion (A) : In the Money System, the liquidity feature of money is more than barter system.
Reason (R) : Money brings uniformity in value.
Q 41. The maximum credit period normally permitted under factoring is
Q 42. Which among the following statements is NOT true with respect to open economy?
Q 43. Which of the following statements is not true according to the law of demand?
Statement I - The law of demand expresses the functional relationship between price and quantity of a commodity demanded.
Statement II - Other things being equal, if the price of a commodity rises, the value demanded of it will rise and if the price of the commodity falls, its value demanded will decline.
Statement III - Some examples of Giffen goods are breads and potatoes.
Statement IV - The price of diamond doesn't follow the law of demand.
Q 44. Consider the following statement about Moral Suasion and choose the correct statement.
I. It is a selective credit control measure.
II. Under this method the Commercial Banks cooperate with the Central Bank in changing its credit policies.
Q 45. Which among the following is NOT a non-banking financial institution?
Q 46. All scrips issued under MEIS, and SEIS and the goods imported against these scrips were _______.
Q 47. The FTP 2015-20 aimed to increase India's merchandise and services exports from $465 billion in 2013-14 to ______ by 2019-20.
Q 48. Which of the following statements is not true about the Economic Analysis of Financial Regulation?
Statement- I - A bank's leverage ratio must not exceed 5%. a higher leverage ratio, especially one more than 7%, triggers increased regulatory restrictions on the bank.
Statement- II - Off-balance-sheet activities are the activities that involve trading financial instruments and generating income from fees, which do not appear on bank balance sheets but nevertheless expose banks to risk.
Statement- III - Basel Committee on Bank Supervision has implemented the Basel Accord that deals with risk-based capital requirements.
Statement- IV - Prudential supervision, is an important method for reducing adverse selection and moral hazard in the financial industry and financial supervision is just the opposite.
Q 49. Under the Export Promotion Capital Goods (EPCG) plan, if capital goods were purchased from domestic producers, the particular export obligation was decreased to _______.
Q 50. Who led the Economic Reforms in India in 1991?
Q 51. Directions [Set of 5 Questions]: The unemployment rate in the country surged to a three-month high at 8% in November against 7. 77% last month, the data from the Centre for Monitoring Indian Economy showed. The unemployment rate in the urban areas stood at 8. 96%, the rural areas saw 7. 55% unemployment rate in the month. In October, the unemployment rate for urban and rural areas stood at 7. 21% and 8. 04%, respectively.
As of November 30, 2022, the unemployment rate in the country stood at 8. 09%. Notably, this is the second month this year that the country has reported the highest unemployment rate. Previously, the country reported the highest unemployment rate at 8. 28% in August.
Which among the following schemes of government is designed to ease the unemployment in the country?
I. Mahatma Gandhi National Rural Employment Guarantee Scheme
II. Pradhan Mantri Ujjwala Yojana
III. Mission Indradhanus
IV. Deendayal Upadhyay- Gramin Kaushalya Yojana (DDU-GKY)
Q 52. Directions [Set of 5 Questions]: The unemployment rate in the country surged to a three-month high at 8% in November against 7. 77% last month, the data from the Centre for Monitoring Indian Economy showed. The unemployment rate in the urban areas stood at 8. 96%, the rural areas saw 7. 55% unemployment rate in the month. In October, the unemployment rate for urban and rural areas stood at 7. 21% and 8. 04%, respectively.
As of November 30, 2022, the unemployment rate in the country stood at 8. 09%. Notably, this is the second month this year that the country has reported the highest unemployment rate. Previously, the country reported the highest unemployment rate at 8. 28% in August.
If we talk about rural India, which among the following types of unemployment is generally seen there?
Q 53. Directions [Set of 5 Questions]: The unemployment rate in the country surged to a three-month high at 8% in November against 7. 77% last month, the data from the Centre for Monitoring Indian Economy showed. The unemployment rate in the urban areas stood at 8. 96%, the rural areas saw 7. 55% unemployment rate in the month. In October, the unemployment rate for urban and rural areas stood at 7. 21% and 8. 04%, respectively.
As of November 30, 2022, the unemployment rate in the country stood at 8. 09%. Notably, this is the second month this year that the country has reported the highest unemployment rate. Previously, the country reported the highest unemployment rate at 8. 28% in August.
Consider the following statement and choose the correct statement about unemployment.
I. Usual status unemployment gives the lowest estimates of unemployment.
II. Usual status unemployment is a chronic unemployment measure that estimates the number of persons who remained unemployed for a major part of the year.
Q 54. Directions [Set of 5 Questions]: The unemployment rate in the country surged to a three-month high at 8% in November against 7. 77% last month, the data from the Centre for Monitoring Indian Economy showed. The unemployment rate in the urban areas stood at 8. 96%, the rural areas saw 7. 55% unemployment rate in the month. In October, the unemployment rate for urban and rural areas stood at 7. 21% and 8. 04%, respectively.
As of November 30, 2022, the unemployment rate in the country stood at 8. 09%. Notably, this is the second month this year that the country has reported the highest unemployment rate. Previously, the country reported the highest unemployment rate at 8. 28% in August.
In urban India we can see a lot of youths doing part time jobs to make ends meet, under which type of employment do they come?
Q 55. Directions [Set of 5 Questions]: The unemployment rate in the country surged to a three-month high at 8% in November against 7. 77% last month, the data from the Centre for Monitoring Indian Economy showed. The unemployment rate in the urban areas stood at 8. 96%, the rural areas saw 7. 55% unemployment rate in the month. In October, the unemployment rate for urban and rural areas stood at 7. 21% and 8. 04%, respectively.
As of November 30, 2022, the unemployment rate in the country stood at 8. 09%. Notably, this is the second month this year that the country has reported the highest unemployment rate. Previously, the country reported the highest unemployment rate at 8. 28% in August.
The unemployment can be graphically represented. ______________ _ is a graphical representation of the economic relationship between the rate of unemployment and the rate of change of money wages.
Q 56. Which of the following statements is NOT true with respect to plastic money?
I. Plastic money is a term used for the hard plastic cards used in place of actual bank notes.
II. Cash cards, Credit cards, Debit cards are plastic money.
Q 57. Which of the following statements are correct with respect to debt market?
I. When compared to the equity market, the debt market is associated with low risk.
II. In the debt market, bonds, certificates of deposits, debentures, government securities are bought and sold.
III. Debt market is generally less volatile in nature than the equity market.
IV. Investments in debt securities typically involve more risk than equity investments
Q 58. Zero Hunger' is related to which of the following sustainable development goals (SDGs) ?
Q 59. Which among the following statements is true with respect to Primary Deposits?
I. Using these primary deposits the bank makes loans and advances to its customers.
II. Primary deposits are also known as passive deposits.
Q 60. Match column-A with Column-B
Column A Column B
A. Open General license (I) Employment
B. TARSEM (II) External Trade
(C) Price Theory (III) slicing
(D) Whole Price Index (IV) Inflation
Q 61. Match the following determinants of money supply in column I with their respective meaning in column II.
Determinants of money supply Meanings
I. Currency Deposit Ratio A. It is the fraction of the total demand and time deposits of the commercial banks in the form of specified liquid assets
II. Reserve deposit Ratio B. It is the ratio of money held by the public in currency to that they hold in bank deposits
III. Cash Reserve Ratio C. It consists of vault cash in banks and deposits of commercial banks with the Reserve Bank of India (RBI) .
IV. Statutory Liquidity Ratio D. It is the fraction of the deposits the banks must keep with RBI
Q 62. Consider the following statements about mutual funds and choose the INCORRECT statement.
I. In open ended mutual funds, unit capital is fixed
II. Closed ended mutual fund runs for a specific period.
Q 63. Among the below given, which of the following is correctly matched on the basis of the Investment in plants and Machinery/equipment in different types of MSME?
Q 64. Which of the following statement(s) is/are not correct about the Indian economy pre-independence?
Statement -I : The process of commercial agriculture necessitated by the Industrial Revolution was intensified by the development of an elaborate network of railways in India before 1830.
Statement -II : Railways linked the interior of the country with ports and harbours, urban marketing centres and thus Indian agriculture began to keep an eye everywhere in India.
Statement -III : The railways used to carry commercial crops from the various parts of the country, bringing back the foreign machine-made manufactures to India.
Statement -IV : change in Indian agriculture was its commercialisation that spread between 1850-1947.
Q 65. Directions [Set of 5 Questions]: Money is a system of value that facilitates the exchange of goods in an economy. Using money allows buyers and sellers to pay less in transaction costs, compared to barter trading. There are different functions of Money.
But before money was invented, exchange took place by Barter, that is, commodities and services were directly exchanged for other commodities and services.
The first types of money were commodities. Their physical properties made them desirable as a medium of exchange. In contemporary markets, money includes government-issued legal tender or fiat money, money substitutes, fiduciary media, or electronic cryptocurrencies.
If Anant has orange and he wants to exchange it for mango, whereas Navya has mango and wants to exchange it for orange, then they can exchange their goods with the agreement of both parties. This particular type of exchange is termed _________.
Q 66. Directions [Set of 5 Questions]: Money is a system of value that facilitates the exchange of goods in an economy. Using money allows buyers and sellers to pay less in transaction costs, compared to barter trading. There are different functions of Money.
But before money was invented, exchange took place by Barter, that is, commodities and services were directly exchanged for other commodities and services.
The first types of money were commodities. Their physical properties made them desirable as a medium of exchange. In contemporary markets, money includes government-issued legal tender or fiat money, money substitutes, fiduciary media, or electronic cryptocurrencies.
Which among the following are included in Fiduciary media?
Q 67. Directions [Set of 5 Questions]: Money is a system of value that facilitates the exchange of goods in an economy. Using money allows buyers and sellers to pay less in transaction costs, compared to barter trading. There are different functions of Money.
But before money was invented, exchange took place by Barter, that is, commodities and services were directly exchanged for other commodities and services.
The first types of money were commodities. Their physical properties made them desirable as a medium of exchange. In contemporary markets, money includes government-issued legal tender or fiat money, money substitutes, fiduciary media, or electronic cryptocurrencies.
Which among the following is considered as the primary function of money?
I. Store of value
II. Measure of value
III. Standard of Deferred Payments
Q 68. Directions [Set of 5 Questions]: Money is a system of value that facilitates the exchange of goods in an economy. Using money allows buyers and sellers to pay less in transaction costs, compared to barter trading. There are different functions of Money.
But before money was invented, exchange took place by Barter, that is, commodities and services were directly exchanged for other commodities and services.
The first types of money were commodities. Their physical properties made them desirable as a medium of exchange. In contemporary markets, money includes government-issued legal tender or fiat money, money substitutes, fiduciary media, or electronic cryptocurrencies.
If Mr. X borrowed Rs. 1000 from Mr. Y and agreed upon to repay the sum with an interest amount of Rs. 100 after 50 days, then this case is the classic example of which money functions?
Q 69. Directions [Set of 5 Questions]: Money is a system of value that facilitates the exchange of goods in an economy. Using money allows buyers and sellers to pay less in transaction costs, compared to barter trading. There are different functions of Money.
But before money was invented, exchange took place by Barter, that is, commodities and services were directly exchanged for other commodities and services.
The first types of money were commodities. Their physical properties made them desirable as a medium of exchange. In contemporary markets, money includes government-issued legal tender or fiat money, money substitutes, fiduciary media, or electronic cryptocurrencies.
In which type of money function the consumers equalise the marginal utilities of different commodities purchased by them with the help of money, thus maximising their satisfaction?
Q 70. Directions [Set of 5 Questions]: When a payment is received from a foreign country, it is a credit transaction while a payment to a foreign country is a debit transaction. The principal items shown on the credit side are exports of goods and services, transfer receipts in the form of gift etc. , from foreigners, borrowing from abroad, foreign direct investment and official sale of reserve
assets The principal items on the debit side include imports of goods and services, transfer payments to foreigners, lending to foreign countries, investments by residents in foreign countries and official purchase of reserve assets. When total credit and debit become equal the Balance of Payments is considered to be at equilibrium.
With respect to the above paragraph which among the following is the official reserve assets of a country?
I. Gold Stock
II. Convertible foreign currencies
III. Special Drawing Rights
Q 71. Directions [Set of 5 Questions]: When a payment is received from a foreign country, it is a credit transaction while a payment to a foreign country is a debit transaction. The principal items shown on the credit side are exports of goods and services, transfer receipts in the form of gift etc. , from foreigners, borrowing from abroad, foreign direct investment and official sale of reserve
assets The principal items on the debit side include imports of goods and services, transfer payments to foreigners, lending to foreign countries, investments by residents in foreign countries and official purchase of reserve assets. When total credit and debit become equal the Balance of Payments is considered to be at equilibrium.
When the total credit and debit are not equal the Balance of Payments (BOP) is considered to be at disequilibrium. Which among the following statements is correct with respect to BOP disequilibrium?
I. The secular or long-run disequilibrium in BOP occurs because of long-run and deep seated changes in an economy as it advances from one stage of growth to another.
II. The cyclical disequilibrium in BOP is caused by the structural change in the economy.
Q 72. Directions [Set of 5 Questions]: When a payment is received from a foreign country, it is a credit transaction while a payment to a foreign country is a debit transaction. The principal items shown on the credit side are exports of goods and services, transfer receipts in the form of gift etc. , from foreigners, borrowing from abroad, foreign direct investment and official sale of reserve
assets The principal items on the debit side include imports of goods and services, transfer payments to foreigners, lending to foreign countries, investments by residents in foreign countries and official purchase of reserve assets. When total credit and debit become equal the Balance of Payments is considered to be at equilibrium.
If Receipts is R and Payments is P, then which of the following conditions is true in case of favourable BoP?
Q 73. Directions [Set of 5 Questions]: When a payment is received from a foreign country, it is a credit transaction while a payment to a foreign country is a debit transaction. The principal items shown on the credit side are exports of goods and services, transfer receipts in the form of gift etc. , from foreigners, borrowing from abroad, foreign direct investment and official sale of reserve
assets The principal items on the debit side include imports of goods and services, transfer payments to foreigners, lending to foreign countries, investments by residents in foreign countries and official purchase of reserve assets. When total credit and debit become equal the Balance of Payments is considered to be at equilibrium.
According to the paragraph given, if the debit is more than credit, then the Balance of Payment will be _______.
Q 74. Directions [Set of 5 Questions]: When a payment is received from a foreign country, it is a credit transaction while a payment to a foreign country is a debit transaction. The principal items shown on the credit side are exports of goods and services, transfer receipts in the form of gift etc. , from foreigners, borrowing from abroad, foreign direct investment and official sale of reserve
assets The principal items on the debit side include imports of goods and services, transfer payments to foreigners, lending to foreign countries, investments by residents in foreign countries and official purchase of reserve assets. When total credit and debit become equal the Balance of Payments is considered to be at equilibrium.
Consider the following statement and choose the correct answer.
I. The BOP deficit indicates a country's import is more than its export.
II. The BOP statement helps the government to decide on fiscal and trade policies.
Q 75. Which of the following is not TRUE with respect to bills discounting?
Q 76. Which of the following institutions/organizations releases SDG India Index?
Q 77. When functioning as the Custodian of foreign exchange reserves, the Reserve Bank of India_______.
I. Acts as a custodian of FOREX
II. Administers and enforces the provision of Foreign Exchange Management Act, 2021.
III. Buys and sells foreign currency to maintain the exchange rate of Indian rupee v/s foreign currencies
Q 78. Which Economy is against ownership of private property?
Q 79. Which among the following is NOT a Quantitative credit control measure?
I. Bank Rate
II. Rationing of Credit
III. Open Market Operations
IV. Variable Cash Reserve Ratio
V. Marginal Requirements
Q 80. Which of the following statements is not true about Financial Crises and the Subprime Meltdown?
Statement- I- A sharp decline in the stock market is one factor that can cause a serious deterioration in borrowing firms balance sheets.
Statement- II- Unanticipated declines in the aggregate price level also decrease the net worth of firms.
Statement- III- Financial innovation or liberalization is highly beneficial in the long run because it facilitates the process of financial development
Statement- IV- With restrictions lifted or new financial products introduced, financial institutions frequently go on a lending spree, called financial liberalization.
Q 81. Which of the following statements is not true about money?
Statement- I - Money cannot act as a convenient unit of account
Statement- II - At higher interest rates, demand for money comes down.
Statement- III - India got its central bank in 1965. Its name is 'The Central Bank of India'.
Statement- IV - The currency issued by the central bank can be held by the public or by the commercial banks and is called the 'high-powered money' as it acts as a basis for credit creation.
Q 82. Which of the following statements is not true about the Interest and Credit Market Instrument in economy?
Statement- I - Different debt instruments have very different streams of cash payments to the holder (known as cash flows) with very different timing.
Statement- II - A fixed term loan is in which the lender provides the borrower with an amount of funds that must be repaid to the lender at the maturity date along with an additional payment for the interest.
Statement- III - A coupon bond is bought at a price below its face value (at a discount) , and the face value is repaid at the maturity date.
Statement- IV - Yield to maturity is the interest rate that equates the present value of cash flow payments received from a debt instrument with its value today.
Q 83. Consider the following statement about Certificate of Deposit and choose the correct statement.
I. Certificate of deposit can be issued by primary dealers, companies, all india financial institutions and Regional Rural banks.
II. The minimum amount of certificate of deposit should be 5 lakh.
III. The maturity period of the certificate of deposit issued should not be less than 7 days.
Q 84. Statutory Liquidity Ratio and Cash Reserve Ratio together form ____.
Q 85. Which of the following statements is true about mutual funds?
Statement- I - Mutual funds and finance companies, both are Investment institutions.
Statement- II - A mutual fund manager groups together funds from many investors and invests the money in a variety of stocks.
Statement- III - Money-market mutual funds (MMMF) is identical to a mutual fund.
Statement- IV - Most of the times investors are not attracted to the new security though it lowers risk, increases liquidity, or increases information.
Q 86. Which of the following will not be taught by a teacher taking Microeconomics classes?
Q 87. The Fiscal Responsibility And Budget Management Act (FRBM) provides for the responsibility of the Central Government to ensure intergenerational equity in fiscal management and long-term macro-economic stability by removing fiscal impediments. When was the FRBM Act signed?
Q 88. The Keynesian theory of employment provides the solution of?
Q 89. What is the target year for achieving Sustainable Development Goals (SDGs) as given by UN?
Q 90. Consider the following statement about Marginal Standing Facility Rate (MSF) and choose the correct statement.
I. In this the banks can borrow cash from the Reserve Bank of India (RBI) against their approved government securities.
II. This option is preferred during emergency and critical situations only.
III. MSF rate is always lower than Repo Rate as banks need the funds instantly.
Q 91. If 'X' stands for nominal Gross Domestic Product (GDP) and 'Y' stands for real GDP then the GDP deflator is equal to?
Q 92. Directions [Set of 2 Questions]:Monetary policy, or any policy for that matter, has to be evaluated by examining whether its objectives have been achieved over time. On the recommendation of the Chakravarty Committee, the RBI had adopted 'price stability', i. e. , controlling inflation, as the 'dominant objective of the monetary policy', while at the same time, maintaining an adequate liquidity in the economy. The question arises here : Price stability at what rate of inflation ? This question arises because some inflation is inevitable in a growing economy like India. It is, perhaps, in view of this fact that the Chakravarty Committee had recommended price stability at 4 percent rate of inflation. Even other economists have suggested, on empirical basis, that a 3-5 percent annual inflation is desirable for a developing economy.
Which of the following is not correct regarding the instruments of monetary policy?
Q 93. Directions [Set of 2 Questions]:Monetary policy, or any policy for that matter, has to be evaluated by examining whether its objectives have been achieved over time. On the recommendation of the Chakravarty Committee, the RBI had adopted 'price stability', i. e. , controlling inflation, as the 'dominant objective of the monetary policy', while at the same time, maintaining an adequate liquidity in the economy. The question arises here : Price stability at what rate of inflation ? This question arises because some inflation is inevitable in a growing economy like India. It is, perhaps, in view of this fact that the Chakravarty Committee had recommended price stability at 4 percent rate of inflation. Even other economists have suggested, on empirical basis, that a 3-5 percent annual inflation is desirable for a developing economy.
Which of the following is not a monetary policy tool?
Q 94. Under which banking scheme the complainants can file their complaints in any form?
Q 95. Fill in the blanks.
The Great Depression in India happened during ____________.
Q 96. Commitment fees ranges between _____and _____per annum of the unutilised amount to be forfeited
Q 97. ........serving as managing director of the International Monetary fund since..... . .
Q 98. Which of the following statements is not true?
Q 99. Which of the following statements are correct regarding the business cycle
(I) Business cycles occur periodically although they do not exhibit the same regularity.
(II) Business cycles have distinct phases of expansion, peak, contraction, and trough.
(III) Business cycles are exceedingly complex phenomena
(IV) Business cycles have serious consequences on the well-being of society.
Q 100. Which of the following is not a characteristic of forfaiting?
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