Test Details

Economics ( MCQ) Test

Jan 16, 11:00 PM

20 minutes

Jan 20, 11:00 PM

20.0 marks

MCQ

10 questions

Abhirup Roy

Post Graduation and B.Ed in Economics.

Class Details

Economics

Economics ( Only For Exam

Economics

Wbcs Economics

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Pdf Description

Page 1 :
1. What is the relationship between ‘Dear money’ &, ‘Cheap money’ in Economics Terminology?, a. Both of the terms are synonyms, b. Both of them are antonyms, c. They are unrelated in terms of their meaning, d. Dear Money is white Money , cheap money is black, money

Page 2 :
2. When we compare BOP and BOT we understand, a. BOP and BOT can be used interchangeably., b. Both indicate the economic prosperity to the same extent., c. BOT is the subset of BOP., d. All of the above

Page 3 :
3. Industrial policies in India has taken a shift from, , _____ in 1956 to ____ in 1991., , a.Capitalistic, Socialistic, b. Socialistic, Capitalistic, c. Mixed, Capitalistic, d. Socialistic, Mixed

Page 4 :
4. Which organization releases the Wholesale price, Index(WPI)?, , a. Central statistical office, b. NSSO, c. Economic advisor, d. None of the above

Page 5 :
5. Which type of economy can be termed as laissez – faire, , economy:, a. Mixed economy, b. Socialist economy, c. Command economy, d. Capitalist economy

Page 6 :
6. Consider the following statements and identify the, right ones:, i. While calculating GDP, income generated by, foreigners in a country is taken into consideration, ii. While calculating GDP, income generated by nationals, of a country outside the country is taken into account, a. i only, b. ii only, c. both of these (i and ii), d. none of the above

Page 7 :
7. Deficit financing aims to put more money into the, economy by creating additional paper currency to fill the, gap between expenditure and revenue.The device aims at, economic development but if it it fails, it generates:, , a. Devaluation, b. Inflation, c., , Demonetisation, , d. Deflation

Page 8 :
8. The collaboration of government and private sector to, build infrastructure is called as?, a. Public Private Partnership, b. Private Public Partnership, c. Public Private Cooperation Partrnership, d. None of the above

Page 9 :
9. In which year the head quarter of RBI is, moved from Kolkata to Mumbai (Then, Bombay) ?, a. 1936, b. 1937, c. 1938, d. 1939

Page 10 :
10. Which of the following works as the agent of, RBI while it has no own offices ?, a.IMF, b.SBI, c.GOI, d.Ministry of Finance

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