1000 Best Indian Economy MCQs
Q33). The concept of ‘Universal Banking’ was implemented in India on the recommendations of:
a).Abid Hussain Committee
b).R H Khan Committee
c).S Padmanabhan Committee
d).Y H Malegam Committee
Correct Answer:
R H Khan Committee
Explanation:
Q34). Why the Core inflation is considered to be a better indicator than the headline inflation?
a).Core Inflation includes certain items that are subject to sudden and short-lived price movements
b).Core Inflation excludes certain items that are subject to sudden and short-lived price movements
c).Core inflation has a wider basket of items
d).Headline Inflation has a wider basket of items
Correct Answer:
Core Inflation excludes certain items that are subject to sudden and short-lived price movements
Explanation:
Q35). Which of the following is also regarded as Disguised unemployment?
a).Under employment
b).Frictional unemployment
c).Seasonal unemployment
d).Cyclical unemployment
Correct Answer:
Under employment
Explanation:
Q36). Who is the author of “What the Economy Needs Now”?
a).Raguram Rajan
b).Prannoy Roy
c).Arvind Panagariya
d).Kaushik Basu
Correct Answer:
Raguram Rajan
Explanation:
Q37). In which year, National Food Security Act was passed?
a).2014
b).2013
c).2012
d).2009
Correct Answer:
2013
Explanation:
Q38). How many cities are targeted under AMRUT mission?
a).300
b).500
c).350
d).400
Correct Answer:
500
Explanation:
Q39). Who started the Initiative Sustainable Stock Exchange?
a).UN
b).WEF
c).World bank
d).IMF
Correct Answer:
UN
Explanation:
Q40). Where is the headquarters of FATF located?
a).Madrid
b).Washington
c).Beijing
d).Paris
Correct Answer:
Paris
Explanation: