Indian Economy Practice Question and Answer
8 Q: Arthashastra by “Kautilya” is related with–
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6336e0a45c208a6bf71b2a05- 1Military Phasefalse
- 2Political Reigntrue
- 3Social Phasefalse
- 4Economic Postulatesfalse
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Answer : 2. "Political Reign"
Explanation :
Expl:- The Kautilya’s Arthasastra is related to political reign. Arthastra is an ancient Indian treatise on statecraft, economic Policy and Military strategy, written in sanskrit.
The Arthashastra is an ancient Indian treatise on statecraft, economic policy and military strategy, written in Sanskrit.
Q: Which among the following is the quantitative method of credit control by the Central Bank?
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641179ee5bff3d098ddf40f7- 1Marginal requirementsfalse
- 2Credit rationingfalse
- 3Direct actionfalse
- 4Bank ratetrue
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Answer : 4. "Bank rate"
Q: The capital of IMF is made up by the contribution of–
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6336df7d30141c336c39f9d6- 1Creditfalse
- 2Deficit Financingfalse
- 3Member Nationstrue
- 4Borrowingsfalse
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Answer : 3. "Member Nations "
Explanation :
Explain: -IMF was established on 27th Dec 1945 by Bretton Woods conference. It started working from 1st March, 1947. Every member nations gives 25% money in terms of gold or US dollars.
Q: Preparing butter and ghee for household consumption of own family is a part of –
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632c4a3331300b7ce47331b0- 1Household investment productionfalse
- 2Industrial productionfalse
- 3Consumptionfalse
- 4Own Account Productiontrue
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Answer : 4. "Own Account Production"
Explanation :
Explain: -Preparing butter and ghee by a family for household consumption is a part of own account production.
Q: According to Kenz, the consumption function shows relation between.
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632c662e751e5310a5ca664f- 1Total Consumption and Total Populationfalse
- 2Total Consumption and Normal Price Ratefalse
- 3Total Consumption and Total Incometrue
- 4Total Consumption and Rate of Interestfalse
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Answer : 3. "Total Consumption and Total Income"
Explanation :
Explain: -The Consumption function shows relation between Total Consumption and Total Income. It shows that consumption and income are inversely related
Q: Who is a chairman of 15th Finance Commission of India?
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6411768aa37bb1a5e180e3e2- 1Nirmala Sitharamanfalse
- 2Dr. Ashok Lahirifalse
- 3N. K. Singhtrue
- 4Ajay Narayanfalse
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Answer : 3. "N. K. Singh "
Q: What is the total stock of money in circulation among the public at a particular point of time called?
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642c0cf22b960e1a419654e3- 1Money orderfalse
- 2Money supplytrue
- 3Short moneyfalse
- 4Money launderingfalse
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Answer : 2. "Money supply "
Q: Rural Employment Generation Programme (REGP) was launched in _____.
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641960a72b960e1a416a8c40- 11995true
- 21990false
- 31999false
- 41992false
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