Sign up now
to enroll in courses, follow best educators, interact with the community and track your progress.
Set 3: Part 2: Economics MCQ For Prelims
110 plays

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

Akshay Kadam is teaching live on Unacademy Plus

Akshay Kadam
With 5 yr UPSC coaching experience; I wl help u get conceptual clarity of topics & their Applied Understanding to score more.

Unacademy user
please Sir building construction ke all topics ko cover Karke video banaaiye
  1. Economics Test Series For Prelims unacademy Master Economics with the help of Conceptual Objective Practice Questions, By Prof. Akshay D Kadam

  2. Economics Sample Questions 9. Consider the following statements: i.CPI data is released on bi-monthly basis by money' in context of economics? Central Statistical Organization. ii.WPl data is released every month by Office petroleum products of Economic Adviser in the Ministry of Finance. Select correct answer using codes given below: a.1 only b.2 only c.Both 1 and 2 d.Neither 1 nor 2 10. What is the meaning of the term 'hot a.Revenue generated from export of b.Ecological cost of thermal power plants c.Capital invested which is generated from ambiauous sources d.Capital which is frequently transferred between financial institutions in an attempt to maximize interest or capital gain

  3. Economics Sample Questions 11. Foreign Direct Investment(FDI) and Foreign Institutional Investment(FII) are distinct in terms of? 12. Which among the following correctly denotes the Primary Deficit? a.Revenue Expenditure - Revenue Receipts b.Sum of the net increase in holdings of treasury bills of the RBl and its contributions a.FDI brings capital, technology & management and Fll brings only capital b.FDI targets specific sectors and Fll help in to the market borrowing of the government. increasing foreign capital availability c.Fll is considered more stable d.Fll targets both primary and secondary d.Fiscal Deficit Interest Payments market while FDI targets only primary c.Budgetary Deficit + Govt. market borrowings and liabilities fppt.comm

  4. Economics Sample Questions 13. What is the meaning of 'blue chip stocks' 14. Quantitative Easing' is used to counter in the context of capital markets? a.Stocks of well-established electronics manufacturing companies b.Stocks of deep sea fishing firms c.Stocks of a large, well-established and financially sound company that has operated for many years d.Stocks of minimum risk, government rurn enterprises which of the following? a.Liquidity Trap b.Fiscal Deficit c.Counterfeiting d.Hyperinflation

  5. Economics Sample Questions 15. Wnich of he folowing local defintons of 16. ho opDortunty cost of a cood is: money stand for 'aggregate monetary resources'? a.MO b.M1 . 2 d.M3 a.Time spent on speculation of the price of the good b.Maintenance expenditure of the good .Quantity of other goods sacrificed to get another unit of that good d.Loss of savings due to consumption expenditure

  6. Economics Sample Questions 17. Cost-push inflation is caused by a change in: 18. Which of the following is correct explanation of the Phillips curve? a. Demand b. Supply c. Money supply d. Interest rates a. Inflation causes unemployment b. Inflation reduces unemployment c. Unemployment causes inflation d. Inflation and unemployment are independent of each other

  7. Economics Sample Questions 19. The Phillips curve was proven incorrect because of which economic concept? 20. Consider following statements: Forward contracts are exchange-traded, standardized contracts ii. Future contracts are private agreements between two parties and are not rigid in their stated terms and conditions Select correct answer using codes given below a. Deflation b. Stagflation c. Inflation d. Monetary policy a. 1 only b. 2 only c. Both 1 and2 d. Neither 1 nor 2