Practice Question and Answer

Q:

Credit Foncier was first established in France in the year 1952. He is called the father of land mortgage banks. When was the first co-operative land-mortgage bank established in our country in Punjab?

906 0

  • 1
    1920
    Correct
    Wrong
  • 2
    1925
    Correct
    Wrong
  • 3
    1935
    Correct
    Wrong
  • 4
    1940
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "1920"

Q:

Which method comes under qualitative control?

800 0

  • 1
    Open Market Activities
    Correct
    Wrong
  • 2
    Direct action
    Correct
    Wrong
  • 3
    Publicity
    Correct
    Wrong
  • 4
    Moral persuasion
    Correct
    Wrong
  • 5
    2,3 and 4
    Correct
    Wrong
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Answer : 1. "Open Market Activities"

Q:

An effective way to control inflationary pressures is

815 0

  • 1
    increase in taxation
    Correct
    Wrong
  • 2
    reduction in government expenditure
    Correct
    Wrong
  • 3
    Increase in public life
    Correct
    Wrong
  • 4
    Increase in Repo Rate
    Correct
    Wrong
  • 5
    All these
    Correct
    Wrong
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Answer : 5. "All these"

Q:

Fiscal policy is not a tool

791 0

  • 1
    public expenditure
    Correct
    Wrong
  • 2
    bank rate
    Correct
    Wrong
  • 3
    SLR
    Correct
    Wrong
  • 4
    public debt
    Correct
    Wrong
  • 5
    2 and 3
    Correct
    Wrong
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Answer : 5. "2 and 3"

Q:

The tools of fiscal policy are

936 0

  • 1
    bank rate
    Correct
    Wrong
  • 2
    repo rate
    Correct
    Wrong
  • 3
    Reverse Repo Rate
    Correct
    Wrong
  • 4
    Public debt
    Correct
    Wrong
  • 5
    CRR rate
    Correct
    Wrong
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Answer : 4. "Public debt"

Q:

Practiced in times of inflation

882 0

  • 1
    Pump Priming Policy
    Correct
    Wrong
  • 2
    Positive Compensatory Expenditure Policy
    Correct
    Wrong
  • 3
    Negative Compensatory Expenditure Policy
    Correct
    Wrong
  • 4
    Both 2 and 3
    Correct
    Wrong
  • 5
    Both 1 and 3
    Correct
    Wrong
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Answer : 3. "Negative Compensatory Expenditure Policy"

Q:

Form of public expenditure

709 0

  • 1
    Reconnaissance Expenses
    Correct
    Wrong
  • 2
    Compensatory expenditure
    Correct
    Wrong
  • 3
    Personal expenditure
    Correct
    Wrong
  • 4
    Both 1 and 2
    Correct
    Wrong
  • 5
    All these
    Correct
    Wrong
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Answer : 4. "Both 1 and 2"

Q:

Functional finance is related to

785 0

  • 1
    Monetary policy
    Correct
    Wrong
  • 2
    Fiscal policy
    Correct
    Wrong
  • 3
    Five year plan
    Correct
    Wrong
  • 4
    Both
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Fiscal policy"

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