(Q1) General Knowledge » Economy
As per the SIPRI Report released in April, 2020, India stands at what position in military spenders in 2019?
First
Second
Third
Fourth
(Q2) General Knowledge » Economy
Global Report on Food Crisis was released in April, 2020 by which organisation?
International Monetary Fund
World Food Programme
Farmers Agricultural Organisation
World Trade Organisation
(Q3) General Knowledge » Economy
Which agency acts as a regulator for Mutual Funds?
IRDA
SEBI
RBI
DRI
(Q4) General Knowledge » Economy
In which year was the Imperial Bank of India established ?
1921
1930
1935
1955
(Q5) General Knowledge » Economy
Nepal and Bhutan recently approached which of the following entities seeking collaboration to make use of India’s digital payment services ?
SEBI
Union Ministry of Finance
NPCI
UIDAI
(Q6) General Knowledge » Economy
What is the function of MUDRA bank which was recently set up by the Government of India ?
To print currency
To allow deposits of untaxed income
To provide insurance cover to the poor
To provide loan and finance to micro enterprises
(Q7) General Knowledge » Economy
Which of the following is NOT one of the methods of national income estimation?
Product method
Banking method
Expenditure method
Income method
(Q8) General Knowledge » Economy
Which of the following is NOT the function of the central bank of the country?
It issues the currency of the country.
It acts as a banker to the government.
It accepts deposits from the public.
It controls money supply of the country.
(Q9) General Knowledge » Economy
Gross primary deficit is the difference between ______.
revenue deficit and interest receipts
gross fiscal deficit and interest receipts
gross fiscal deficit and net interest liabilities
revenue deficit and interest payments
(Q10) General Knowledge » Economy
Which Indian budget introduced a statement highlighting the gender sensitivities of the budgetary allocations?
2010-11
2005-06
2008-09
2001-02
(Q11) General Knowledge » Economy
The value of GDP at the current prevailing prices is called _______.
nominal GDP
current GDP
real GDP
domestic GDP
(Q12) General Knowledge » Economy
Which of the following is NOT an advantage of E-Commerce?
Cost saving and price reduction
Wider choice
Late response to customer needs
Improved customer services
(Q13) General Knowledge » Economy
If we deduct depreciation from GNP the measure of aggregate income that we obtain is called ______.
Net National Product
Gross Domestic Product at market prices
Personal income
Gross Domestic Product
(Q14) General Knowledge » Economy
Which of the following is added in the national income to obtain personal income of the households?
Transfer payments from government and firms
Net interest payments
Undistributed profits
Corporate tax
(Q15) General Knowledge » Economy
________ is a record of assets and liabilities of any firm.
Bill file
Balance sheet
Bank bailout
Balance of payment
(Q16) General Knowledge » Economy
Which of the following is NOT an aid or auxiliary to trade?
Transportation
Hoarding
Warehousing
Insurance
(Q17) General Knowledge » Economy
Unemployment arising due to mismatch between Job availability in the market and skills of available worker is called?
Seasonal
Frictional
Economical
Structural
(Q18) General Knowledge » Economy
The year whose prices are being used to calculate the real GDP is called ______.
base year
fiscal year
current year
constant year
(Q19) General Knowledge » Economy
_________ measures the aggregate production of final goods and services taking place within the domestic economy during a year.
National income at factor price
Net national product
Gross domestic product
Gross National income
(Q20) General Knowledge » Economy
The subject of the Study of Macro Economics is based on which principle?
The principle of National Income
The principle of Producer
The principle of Consumer
The principle of Investment