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Set 2: Part 3: Economics MCQ For Prelims!!
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Set 2: Part 3: Economics MCQ For Prelims!!

Akshay Kadam is teaching live on Unacademy Plus

Akshay Kadam
I have 4 Years of Experience in Coaching. My Wife & My First Student in UPSC journey, Mrs. Madhulika Kadam, Cracked UPSC with AIR 190 Rank.

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  1. Economics Test Series For Prelims unacademy Master Economics with the help of Conceptual Objective Practice Questions, By Prof. Akshay D Kadam https://unacademy.com/user/AkshayDKadam


  2. Economics Sample Questions 13. Assume that RBl pursues a tight monetary policy. Based on the resulting change in the interest rate, what will happena.Rapid growth of real gross domestic product to the international value of the rupee, Indian b.Rapid growth of the money supply imports, and Indian exports? a.Increase, Increase, Increase b.Increase, Increase, Decrease C. Increase, Decrease, Increase d.Decrease, Increase, Decrease 14. Which of the following is a cause of hyperinflation? c.Unanticipated decrease in aggregate demand d.Unanticipated increase in aggregate supply https://unacademy.com/user/AkshayDKadam fppt.com


  3. Economics Sample Questions 15. The balance of trade of a country is a systematic record of a.all import and transactions of a during a ii.Inflation benefits the bond-holders. given period normally a year b.Difference between the imports and exports correct? of goods c.economic transaction between the government of one country to another d.Difference between the imports and exports iv.Neither 1 nor 2 of goods and services 16. Consider the following statements: i.Inflation benefits the lenders. Which of the statements given above is/are i.1 only ii.2 only iii.Both 1 and 2 https://unacademy.com/user/AkshayDKadam fppt.com


  4. Economics Sample Questions 17. Cyclical unemployment generally means: a.Unemployment that peaks with recession in business cycles b.Unemployment that coincides with seasonal cycle of agriculture c.Part time employment where labourers get work on cyclical basis d.Unemployment experienced by workers who routinely change their jobs e. 18. Consider the following liquid assets: i.Demand deposits with the banks ii. Time deposits with the banks iii Savings deposits with Post Office savings banks iv.Savings deposits with the banks The correct sequence of these increasing order of Liquidity is a.2-1-4-3 b.4-3-2-1 c.2-3-4-1 d.4-1-3-2 https://unacademy.com/user/AkshayDKadam fppt.com


  5. Economics Sample Questions 19. In the context of Indian economy, 'sterilization' refers to: a.Clearing bank's balance sheet of non- performing assets b.Undertaking of 'bad loans' by asset reconstruction companies c.purchase and sale of government securities by the RBI d.regulation of P-notes by SEBI 20. Priority Sector Lending by banks in India constitutes a.Lending to agriculture b.Holding NABARD bonds c.Lending to renewable energy sector d.All of the above https://unacademy.com/user/AkshayDKadam fppt.com