Sign up now
to enroll in courses, follow best educators, interact with the community and track your progress.
Download
Set 5: Part 6: Economics MCQ for Prelims
79 plays

More
Set 5: Part 6: Economics MCQ For Prelims!!

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

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


  2. Consider the following statements about Consider the following statements about Revenue budget and Capital Budget Macr 1) Though Loan recovery is capital receipt;, the interest received on thesethat the government is spending most of loans is revenue receipt. 2) Though government borrowing to finance fiscal deficit do not fall under government may lead to higher real capital receipts; the interest paid on such interest rates. borrowings is placed under capital expenditure Which of the above statements are correct? a) 1 Only b) 2 Only c) Both 1 and 2 d) Neither 1 nor 2 Macroeconomics 1) An Expansionary Fiscal policy means its revenue. 2) Excessive domestic borrowing by the Which of the above statements are correct? a) 1 Only b) 2 Only c) Both 1 and 2 d) Neither 1 nor 2 https://unacademy.com/user/AkshayDKadam


  3. Consider the following statements about Consider the following are examples of Fiat money? 1) It has no or a negligible intrinsic value. 1) Savings Account. 2) It is not convertible by law to any other 2) Bank Time deposits/Certificates of thing. 3) It is not fixed in value in terms of any 3) It is not fixed in value in terms of any objective standards. 4) It is money that is backed by nothing. 4) Hard foreign currencies. Which among the above are correct statements? Options - ) 2 3 and 4 b) 1 2 and3 c) 1 2 and 4 d) 1 2 3 and 4 Near Money/Quasi-Money? Deposits. objective standards. Which among the above are correct statements? Options - ) 2 3 and 4 b) 1 2 and3 c) 1 2 and 4 d) 1 2 3 and 4 https:/lunacademy.com/userlAkshayDKadam


  4. Which of the following is part of totalConsider the following statements about supply of money in the economy? 1) Money held by the households, firms,1) It Is body under RBi created as part of local authorities and companies etc. 2) Money held by central government in 2) It Gives recommendations for the treasury. 3) Money held as CRR and SLR by n commercial banks with RBI. Which among the above are correct statements? Options - (a) 1 and 2 only (b) 2 and 3 only (c) 1 and 3 only (d) Only 1 Banks Board Bureau Seven Point Indra Dhanush Mission. appointment of full-time Directors as well as non-Executive Chairman of PSBs. Which of the above statements are correct? a) 1 Only b) 2 Only c) Both 1 and 2 d) Neither 1 nor 2 https://unacademy.com/user/AkshayDKadam


  5. Consider the following statements about Which of the following actions are Banks Board Bureau 1) India ranked 130th out of 186 economies in recently released Index of action? Economic Freedom 2018. 2) The index was released by top US Branches based Think Tank, The Heritage Foundation. Which of the above statements are correct? a) 1 Only b) 2 Only c) Both 1 and 2 d) Neither 1 nor 2 instituted by RBI against banks which are brought under Prompt Corrective 1) Restriction on expansion of Bank 2) Restriction on Staff recruitment 3) Higher provisioning for loans 4) Stop on loans and Advances. Options - a) 1 2 and 3 Only b) 1 2 and 4 Only c) 2 3 and 4 Only d) 1 2 3 and 4 https://unacademy.com/userlAkshayDKadam


  6. Which of the following factors can affectConsider the following statements about the exchange rates? 1) Differentials in Inflation 2) Differentials in Interest Rates 3) Political Stability 4) Current-Account Deficits. Which among the above are correct statements? Options ) 2 3 and 4 b) 1 2 and 3 c) 1 2 and 4 d) 1 2 3 and 4 GDP and GVA measures of economic activity - 1) The GDP methodology gives picture of state of economic activity from producers' side or supply side.. 2) The GVA model gives picture from consumers' side or demand perspective. Which of the above statements are correct? a) 1 Only b) 2 Only c) Both 1 and 2 d) Neither 1 nor 2 0 https:/lunaca demy.com/user/AkshayDKadam


  7. Consider the following statements about )India's first Agri commodity options Reserve Tranche Position- 1) It is the primary means of financing the the following products? International Monetary Fund is througha) Onion members' quotas. 2) The difference between a member's c) Guar Seed quota and the IMF's holdings of its foreign d) Palm Oil currency kept with IMF is a country's Reserve Tranche Position (RTP). Which of the above statements are correct? a) 1 Only b) 2 Only c) Both 1 and 2 d) Neither 1 nor 2 contract has been launched for which of b) Pulses https://unacademy.com/userlAkshayDKadam


  8. In order to leverage private sector Which of the following contribute to investment in Green Infrastructure tax revenues of panchayats and projects in the country India has municipal bodies? jointly established "Green Growth 1) House Tax. Equity Fund" with which of the following country? a) USA b) Japan C) UK d) Germany 2) Vehicle Tax. 3) Pilgrim Tax. 4) Water Tax. Options - a) 1 2 and 3 b) 1 2 and 4 c) 2 3 and 4 d) 1 2 3 and 4 https://unacademy.com/user/AkshayDKadam


  9. Consider the following statements about Consider the following statements Special Mention Accounts (SMA)- Special Mention account is non performing Investment asset in which Principal or interest payment is wholly or partly overdue for the maximum design flexibility and more than 30 days. 2) Special Mention Accounts are classified |2) In Brownfield Investment facility the in to 3 categories at SMA1, SMA 2, and start-up costs may be greatly reduced; SMA 3; for better classification and understanding of Nonperforming Assets. can be avoided as well. Which of the above statements are correct? a) 1 Only b) 2 Only c) Both 1 and 2 d) Neither 1 nor 2 about Green Field and Brown Field 1) Green Field investment facility offers efficiency to meet the project's needs. also the time devoted to construction Which of the above statements are correct? a) 1 Only b) 2 Only c) Both 1 and 2 d) Neither 1 nor 2 https:/lunacademy.com/userlAkshayDKadam


  10. Consider the following statements about India has agreed to work together for New Development Bank promoted by cooperation in pharmaceutical sector, for BRICS countries 1)In finances projects in BRICS countries Andijan region. Andijan region is part of only for sustainable development 2) In NDB every country has been assigned only one veto and no countryb) Myanmar enjoys any veto. Which of the above statements are correct? a) 1 Only b) 2 Only c) Both 1 and 2 d) Neither 1 nor 2 creating a free pharmaceutical zone in which of the following country? a) Bangladesh c) Iran d) Uzbekistan https://unacademy.com/user/AkshayDKadam