Q: Which prograrnme gave the slogan, Garibi Hatao ?

A: 4th Five Year Plan

B: 5th Five year plan

C: 6th Five Year Plan

D: 7th Five year plan



5th Five year plan


Q: A closed economy is an economy in which:

A: the money supply is fully controlled

B: deficit financing takes place

C: only exports take place

D: Neither exports nor imports take place.



Neither exports nor imports take place.


Q: Existence of huge black money creates

A: increase in the inequality of income

B: decrease in the quality of output

C: high living standard for all

D: Both (B) and (C)



increase in the inequality of income


Q: Government imposes taxes to:

A: run the machinery of State

B: uplift of weaker sections

C: check the accumulation of wealth among the rich

D: None of the above



run the machinery of State


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: Prime Minister Jan Dhan Yojana provides free Accident Insurance upto :

A: Rs. 1 lac

B: Rs. 1.5 lacs

C: Rs. 2 lacs

D: Rs. 2.5 lacs



Rs. 1 lac


Q: Pradhan Mantri Jan Dhan Yojana was first announced by Hon'ble Prime Minister Modi on:

A: 15th August, 2014

B: 28th August, 2015

C: 26th January, 2016

D: None of the above



15th August, 2014


Q: In India, present trend of rapid urbanization is due to:

A: lack of employment opportunities in rural areas

B: influence of cinema and electronic media

C: break up of joint family system

D: abolition of zamindari tystem



lack of employment opportunities in rural areas


Q: Economic growth is usually coupled with ___________.

A: deflation

B: inflation

C: Stagflation

D: hyper inflation



inflation


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)
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