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Set 6: Part 1: Economics MCQ for Prelims
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Set 6: Part 1: 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.

U
Unacademy user
DR
Sir your slides with handwritten notes were much better, they were helping us also how to make notes. Please rever back to that sir.
2018 edition of Global Hunger Index published by "WELTHUNGERHILFE" not by world bank or world economic forum
Akshay Kadam
8 months ago
Ok In which question have I discussed Global Hunger Index?
Akshay Kadam
8 months ago
Btw, Do u find my lessons useful? Pls provide feedback and any suggestions if u have
Nimesh Solanki
8 months ago
your questions on ECONOMIC are quite useful to understand concepts... if possible please keep posting new lessons.
Nimesh Solanki
8 months ago
to avoid any confusion regarding question, please use question number along with questions so that it will be easy to ask doubt regarding any specific question
Nimesh Solanki
8 months ago
to avoid any confusion regarding question, please use question number along with questions so that it will be easy to ask doubt regarding any specific question
Akshay Kadam
8 months ago
Ok Nimesh will surely do that, That ks for feedback, Do recommend lessons tonur friends. Thank you.
sir, in Q1 MPI is released by UNDP and ODHI not by WORLD BANK
Akshay Kadam
8 months ago
Ya it's right UNDP publishers MPI, Have is said World bank? Pls correct if so. MPI is by UNDP only.
  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/AkshayDKadar


  2. Multidimensional Poverty Index What is 'headcount ratio' in context of (MPI) is published by: poverty measurement? N Development Program a)U b)World Bank c)NITI Ayog d)NSSO a) b) c) d) Ratio of population above poverty line and that below poverty line proportion of a population that exists below the poverty line Incidence of poverty due to unemployment Proportion of working age population in total population that exists below poverty line https://unacademy.com/user/AkshayDKadam fppt.com


  3. Consider the following statements: 1.CASA ratio refers to current account deposits and saving account deposits as a fraction of total deposits the bank holds 2.Banks with higher CASA ratio are more comfortable because otherwise they would be more dependent on term deposits which are subject to interest rate shocks. Select correct answer using codes given below: Which of the following is an example of 'dual economy'? a) Private enterprises existing side by side with public sector enterprises b) Existence of foreign capital along with domestic capital c) Existence of a modern commercial sector alongside a traditional subsistence sector with little interaction between them a) 1 only b) 2 only c) Both 1 and 2 d) Neither 1 nor 2 d) Existence of informal sector alongside formal or organized sector ppt.com


  4. Which of the following is correct explanation of 'price elasticity of demand? Consider the following statements: 1.lf the demand for a good changes continuously without any change in the a) Change in quantity demandedprice, it is called as perfect price elasticity b) Change in prices relative to c) Demand remaining stable, d) Price remaining stable, relative to change in price change in quantity demanded rrespective of price irrespective of demand 2.lf the demand is inelastic and prices decrease, consumers suffer. Select correct answer using codes given below: a) 1 only b) 2 only c) Both 1 and 2 d) Neither 1 nor 2 https://unacademy.com/user/AkshayDKadam fpP


  5. 'Global Hunger Index Report' is published by: 'Global Risks Report' is published by: a) UNDP b) World Economic Forum c) World bank d) Food and Agriculture a) UNDP b) World Economic Forum c) World bank d) IMF organization https://unacademy.com/user/AkshayDKadam fppt.com


  6. Poverty gap' or 'intensity of poverty' measures: Which of the following countries can possibly have bell shaped age-sex pyramid tapered at bottom and top? a) Difference between median standard of living for population above poverty threshold and median standard of living for population living below poverty threshold a) United states of America b) India c) Germany d) Australia b) Relative poverty c) Headcount Ratio d) Median standard of living of the poor population compared to poverty threshold https:/unacademy.com/user/Aks hayDKadam fppt.com


  7. Which of the following correctly Which of the following pairs are correctly matched? characterizes third stage of 'demographic transition theory'? thousand of population 1.Crude birth rate: number of births in a year per 2.Maternal mortality rate: number of deaths of women as a result of pregnancy and childbirth a) High birth rate, low b) Declining birth rate, low complications in a year per 100,000 live births c) Low birth rate, low death of children born to a woman over her reproductive d) High birth rate, declining Select correct answer using codes given below death rate death rate rate death rate 3.Replacement level fertility rate: average number span a) 1 and 2only b) 2 only c) 1 and 3 only d) None of the above https://unacademy.com/user/AkshayDKadam fpP


  8. longevity dividend' occurs in an economy when: Consider following statements and select one which is not true: a) Life expectancy a)Private equity is equity or securities in a company b) Average literacy and b)An angel investor generally provides seed capital to c) When elderly increases that is listed on the stock market. skill set increases the venture while venture capital firms seek investment once the business is established. c)Venture capital firms raise that money by offering contribute to economic growthinvestors a chance to take part in a fund that is then d) Infant mortality rate used to buy shares in a private company whereas, an angel investor uses her own money. d)Both Angel Investors and Venture Capitalists hold private equity in the company decreases https://unacademy.com/user/AkshayDKadam fpp


  9. Which among the following decides the Oil Prices in India? Capital gains tax will be applied in India on the sale of which of the following? 1.Bonds 2.Gold 3.Real estate 4.Stocks Select correct answer using codes given below: a)1 and 3 only b)3 only c)1, 3 and 4 only d)1, 2, 3 and 4 a) b) Government of India Government of Respective States Ministry of Petroleum Oil Companies c) d) https://unacademy.com/user/AkshayDKadam fpP