1000 Best Indian Economy MCQs
Q185). Deficit financing implies
a).printing new currency notes
b).replacing new currency with worn out currency
c).public expenditure in excess of public revenue
d).public revenue in excess of public expenditure
Correct Answer:
public expenditure in excess of public revenue
Explanation:
Q186). In which of the following sequences the change in quantity of money leads to change in price level in the Keynesian models?
a).Change in quantity of money – change in investment – change in employment and output – change in rate of interest – change in price level
b).Change in quantity of money – change in employment and output – change in investment – change in the rate of interest – change in price level
c).Change in quantity of money – change in investment – change in rate of interest – change in employment and output – change in price level
d).Change in quantity of money – change in rate of interest – change in investment – change in employment and output – change in price level
Correct Answer:
Change in quantity of money – change in rate of interest – change in investment – change in employment and output – change in price level
Explanation:
Q187). Foreign Direct Investment ceilings in the telecom sector have been raised from 74 percent to
a).80 percent
b).83 percent
c).90 percent
d).100 percent
Correct Answer:
100 percent
Explanation:
Q188). Which of the following is not a part of machinery that settles industrial disputes?
a).Wage Court
b).Works Committee
c).Conciliation officers
d).Board of Conciliation
Correct Answer:
Wage Court
Explanation:
Q189). In the second nationalization of commercial banks, ___ banks were nationalized.
a).4
b).5
c).6
d).8
Correct Answer:
6
Explanation:
Q190). If the fiscal deficit of the Union Government is Rs. 75,000 crores relending to State is Rs. 25,000 crores, interest payments are Rs. 25,000 crores, what is the amount of the primary deficit?
a).Rs. 50,000 crores
b).Rs. 25,000 crores
c).Rs. 1,00,000 crores
d).Rs. 1,25,000 crores
Correct Answer:
Rs. 50,000 crores
Explanation:
Q191). Resurgent India Bonds were issued in US dollar, Pound Sterling and
a).Japanese Yen
b).Deutsche Mark
c).Euro
d).French Franc
Correct Answer:
Deutsche Mark
Explanation:
Q192). The co-operative credit societies have a
a).two-tier structure
b).three-tier structure
c).four-tier structure
d).five-tier structure
Correct Answer:
three-tier structure
Explanation: