General Knowledge » Economy
The Central Board of Directors of the Reserve Bank of India are appointed for a term of ______ years.
four
three
two
five
General Knowledge » Economy
The National Rail Plan announced in the Union Budget of 2021-22 aims to create a future ready railway system by which of the following years?
2030
2025
2024
2029
General Knowledge » Economy
The Union Budget 2021–22 has recommended a voluntary scrapping policy for vehicles based on fitness tests after a period of ______ years for personal vehicles.
15
25
10
20
General Knowledge » Economy
Which of the following states was allocated the highest budget for highway projects in Union Budget 2021-22?
West Bengal
Tamil Nadu
Kerala
Assam
General Knowledge » Economy
As per Economic Survey 2020-2021, during the first half of the financial year 2020-21, the services sector contracted by almost ______.
6%
16%
21%
11%
General Knowledge » Economy
As per the Union Budget 2021-22, Mission Poshan 2.0 is proposed to be launched to improve nutritional outcomes across ______ aspirational districts.
119
95
112
101
General Knowledge » Economy
The Contingency Fund of India is to be augmented from ₹500 crores to ______ crores through the Finance Bill as per the Union Budget 2021-22.
₹25,000
₹30,000
₹10,000
₹15,000
General Knowledge » Economy
The Fiscal Responsibility and Budget Management Act 2003 set a target to limit India’s fiscal deficit up to ______ of the GDP by 2021.
3%
6%
5%
2%
General Knowledge » Economy
Who among the following was the first Indian Governor of Reserve Bank of India?
PC Bhattacharya
CD Deshmukh
LK Jha
HVR Lengar
General Knowledge » Economy
The Government of India imposed an Agriculture and Infrastructure Development Cess of ______ per litre on petrol through Union Budget 2021-22.
₹3.5
₹4
₹2.5
₹3
General Knowledge » Economy
As per World Justice Project 2020, what is India’s rank in Regulatory Enforcement as cited in Economic Survey of India 2021?
79
74
62
56
General Knowledge » Economy
As per the provisions of Union Budget 2021-22, how many public sector banks have been lined up for disinvestment?
Two
Three
Five
Seven
General Knowledge » Economy
Finance Minister Nirmala Sitharaman announced the setting up of ______ mega textile parks across the country over three years, in her Budget 2021-22 speech.
three
seven
nine
five
General Knowledge » Economy
Which of the given statements about the Union Budget is/are true?
a) Vote on Account deals only with the expenditure side of the government budget.
b) Vote on Account and Interim Budget are not the same.
c) An Interim Budget gives a complete financial statement, similar to a full budget.
(a) and (b)
(a), (b) and (c)
Only (c)
Only (a)
General Knowledge » Economy
Union Budget 2021-22 allocated a total amount of ______ towards health and wellbeing.
₹94,452 crore
₹2,23,846 crore
₹1,54,938 crore
₹3,32,194 crore
General Knowledge » Economy
The GDP deflator is also called:
explicit price deflator
implicit price deflator
implicit inflation index
explicit inflation index
General Knowledge » Economy
The ratio between the nominal and real GDP is called ____.
Value added GDP
Green GDP
GDP deflator
Net national income
General Knowledge » Economy
Which of the following identity is correct regarding GNP?
GNP = GDP + Factor income earned by the domestic factors of production employed in the rest of the world + Factor income earned by the factors of production of the rest of the world employed in the domestic economy
GNP = GDP – Factor income earned by the domestic factors of production employed in the rest of the world + Factor income earned by the factors of production of the rest of the world employed in the domestic economy
GNP = GDP + Factor income earned by the domestic factors of production employed in the rest of the world – Factor income earned by the factors of production of the rest of the world employed in the domestic economy
GNP = GDP – Factor income earned by the domestic factors of production employed in the rest of the world – Factor income earned by the factors of production of the rest of the world employed in the domestic economy
General Knowledge » Economy
GATT was established in 1948 with ______ countries as the global trade organisation to administer all multilateral trade agreements by providing equal opportunities to all countries in the international market for trading purposes.
23
29
35
28
General Knowledge » Economy
Nirmala Sitharaman launched the Tejasvini scheme for the people of ______ in November 2021.
Jammu and Kashmir
Punjab
Rajasthan
Karnataka