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Economy

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Question 2101

The equilibrium condition for money market is:

Ademand for money should be equal to supply of money

Bcash in hand should be equal to deposits in bank

Csaving is equal to investment

Dbank rate is equal to repo rate

Show answerA. demand for money should be equal to supply of moneyExplanation not yet available.
Question 2100

What is the 'Repo rate' ?

AIt is the rate at which International Aid Agencies lend to RBI

BIt is the rate at which the banks lend to RBI

CIt is the rate at which RBI borrows from the market

DIt is the rate at which RBI lends to banks

Show answerD. It is the rate at which RBI lends to banksExplanation not yet available.
Question 2099

Which of the following is true in respect of Centre-State financial relations ?

AAmount given by Centre is the only source of income to States

BStates can by-pass Centre while taking foreign loans

CStates can not levy income tax

DStates can claim 100 % share in excise duty on goods produced in the State

Show answerC. States can not levy income taxExplanation not yet available.
Question 2098

Fiscal policy is connected with:

Aexports and imports

Bissue of currency

Cpublic revenue and public expenditure

Dliquidity of money

Show answerC. public revenue and public expenditureExplanation not yet available.
Question 2097

Government imposes taxes to:

Arun the machinery of State

Buplift of weaker sections

Ccheck the accumulation of wealth among the rich

DNone of the above

Show answerA. run the machinery of StateExplanation not yet available.
Question 2096

Which of the following is the role of Finance Commission ?

ASharing of net proceeds of taxes between the Centre and States.

BRecommending principles for governing the grants-in-aid to the States by the Centre

CRecommendations on matters referred to it by the President for the interest of finance

DAll of the above

Show answerD. All of the aboveExplanation not yet available.
Question 2095

If the RBI adopts expansionist open market operations policy, this means that it will:

Aopenly announce to the market that it intends to expand credit

Bsell securities in open market

Coffer commercial banks more credit in the open market

Dbuy securities from non-government holders

Show answerB. sell securities in open marketExplanation not yet available.
Question 2094

Poverty is defined as:

AA monetary condition brought about by people's own laziness

BA monetary condition where people do not have enough to satisfy basic needs

CA monetary and non-monetary conditions where people lack access to community regulated common resources, opportunities and income

DAll of the above

Show answerC. A monetary and non-monetary conditions where people lack access to community regulated common resources, opportunities and incomeExplanation not yet available.
Question 2093

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

AStagnation

BTake-off stage in economy

CStagflation

DDepression

Show answerC. StagflationExplanation not yet available.
Question 2092

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

Alack of employment opportunities in rural areas

Binfluence of cinema and electronic media

Cbreak up of joint family system

Dabolition of zamindari tystem

Show answerA. lack of employment opportunities in rural areasExplanation not yet available.
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