Q: If the Cash Reserve Ratio (CRR) is lowered by the RBI, its impact on credit creation will be to :

A: decrease it

B: increase it

C: No impact

D: None of these



increase it


Q: Planning Commission of India was set up by :

A: Morarji Desai

B: T T Krishnamachari

C: Jawaharlal Nehru

D: None of the above



Jawaharlal Nehru


Q: If withdrawal of a worker from employment does not create any output loss, this situation is known as

A: Search unemployment

B: Voluntary unemployment

C: Disguised unemployment

D: Frictional unemployment



Disguised unemployment


Q: In order to control inflationary price rise, Reserve Bank directs Banks to

A: Reduce rate of interest on credit

B: Reduce Statutory Liquidity Ratio (SLR)

C: Increase Cash Reserve Ratio (CRR)

D: Buy bonds from capital market



Increase Cash Reserve Ratio (CRR)


Q: The purpose of land reforms was to :

A: increase the production in agriculture

B: increase the purchasing power of the rural population

C: ensure distributive justice with economic growth

D: all of the above



all of the above


Q: Inclusive growth as enunciated in the Eleventh Five Year Plan does not include one of the following:

A: Reduction of Poverty

B: Extension of employment opportunities

C: Strengthening of capital market

D: Reduction in gender inequality



Strengthening of capital market


Q: Which industry employs the largest number of women in India ?

A: Tea

B: Textile

C: Jute

D: Coal



Textile


Q: Where is the headquarter of Reserve Bank of India (RBI) situated ?

A: Chennai

B: New Delhi

C: Kolkata

D: Mumbai



Mumbai


Q: ICDS was first introduced in India in the year

A: 1975

B: 1977

C: 1979

D: None of these



1975


Q: The period of high inflation and low economic growth is termed as:

A: Stagnation

B: Take-off stage in economy

C: Stagflation

D: Depression



Stagflation
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