Indian Economy MCQs


Q.  Who among the following was the chairman of the expert committee which suggested “Consumption Expenditure” for identifying the BPL?

a. Abhijit Sen
b. C Rangrajan
c. Kirit Parikh
d. Suresh Tendulkar


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  Which of the following statements is/are correct with respect to Budgeting system in India? 1: While a vote-on-account deals only with the expenditure side of the government’s budget, interim budget is a complete set of accounts, including both expenditure and receipts 2: Vote on account can be passed for maximum two months, with maximum amount withdrawal being one-sixth of total budget of the year Select the correct option from the codes given below:
Category: General Knowledge Quiz,   Published by: teswesm
MCQs:  Which among the following activities can result in widening of revenue deficit of the government? 1. Government approves the revised pay scale as per 7th Pay commission 2. Government announces a waiver of farm loans 3. Oil prices decrease sharply 4. Government launches successful auction of coal mines Select the correct option from the codes given below:
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MCQs:  Which among the following indicate that a particular country is undergoing “Economic Development”? 1: Changing structure of GDP in favour of industry 2: Institutional changes in an economy 3: Larger Capital Inflows 4: Larger share of service industry in GDP Select the correct option from the codes given below:
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MCQs:  Which of the following is / are correct statements regarding World Trade Organisation (WTO)? 1: Member countries exercise voting rights as per their size of economy 2: General Council is the topmost decision-making body of the WTO 3: Council for TRIPS operates under Ministerial Conference Select the correct option from the codes given below:
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MCQs:  Which among the following can be substantially affected by the foreign capital inflows in a developing country such as India? 1. Exchange Rates 2. Domestic monetary conditions 3. Domestic Savings and Investments Choose the correct option from the codes given below:
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MCQs:  Consider the following statements about “Totalization Agreement”: 1: The agreement envisages the participating countries to reduce their export subsidies to zero by 2022 2: India has recently signed the Totalization Agreement with USA Which of the above statements is/are correct?
Category: General Knowledge Quiz,   Published by: teswesm
MCQs:  Consider the following statements: 1. Issue of shares at a premium represents a Capital Profit for a company 2. Issue of shares at a discount is not allowed in India Which among the above is / are correct?
Category: General Knowledge Quiz,   Published by: teswesm
MCQs:  The term ‘Masala Bond’, sometimes appearing in news, is used in relation to __:
Category: General Knowledge Quiz,   Published by: teswesm
MCQs:  World Bank has recently classified India into:
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MCQs:  Consider the following statements about National Income of India: 1: The first estimate on National income was prepared by Dadabhai Naoroji 2: Currently, the estimate of National Income is prepared by Central Statistics Organisation (CSO) Which of the above statements is/are correct?
Category: General Knowledge Quiz,   Published by: teswesm
MCQs:  With reference to various types of Banking, what is “Mixed Banking”?
Category: General Knowledge Quiz,   Published by: teswesm
MCQs:  In context with the current account and capital account flows in India, consider the following statements: 1: Current account flows arise out of transactions in goods and services, capital account flows are essential in various kinds of loans and equity investments 2: Current account flows can be reversed, Capital Account flows are permanent in nature 3: India today has controls on both capital account transactions as well as on the current account with the local currency fixed by the central bank. Which among the above statements is/ are correct?
Category: General Knowledge Quiz,   Published by: teswesm
MCQs:  Which of the following ports in India have a free trade zone?
Category: General Knowledge Quiz,   Published by: teswesm
MCQs:  Which among the following is related to utility?
Category: General Knowledge Quiz,   Published by: teswesm
MCQs:  Which of the following are part of National income?
Category: General Knowledge Quiz,   Published by: teswesm
MCQs:  What does decreasing contribution of agriculture to GDP signifies?
Category: General Knowledge Quiz,   Published by: teswesm
MCQs:  Which of the following is correct with regarding to Keynesian theory?
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MCQs:  Which Economist highlighted ethical consideration behind his economic thinking?
Category: General Knowledge Quiz,   Published by: teswesm
MCQs:  Who is the author of “India 2020, Journal of Quantitative Economics”?
Category: General Knowledge Quiz,   Published by: teswesm
MCQs:  In which system of economy is the “participation of the workers in the collective bargaining” is a feature?
Category: General Knowledge Quiz,   Published by: teswesm