Indian-Economy-MCQ Related Question Answers

201. High Powered Committee under the Chairmanship of Dr. D.R. Mehta, which was constituted in 1993 was related to which of the following?





202. How many currencies are used in the Real Effective Exchange Rate (REER) that is both trade and export weighted indicator?





203. How many key infrastructure sectors are known as Core sector in Indian Economy,used for Index of Industrial Production (IIP) data?





204. How many number of Precision Farming Development Centres (PFDCs) are present in Inidia?





205. How many states of India are covered under the National Horticulture Mission?





206. How the National Urban Housing & Habitat Policy 2007 seeks realize its goal of ” Affordable Housing For All’?





207. Hundies are normally __________?





208. If a commodity has more number of substitutes, the demand for this commodity will be _______?





209. If a state governments seeks help in reaching their targets of providing assistance to eligible institutions in agriculture and rural development, it should approach to which of the following agency?





210. If an exporter earns money and deposits that with RBI , what will be the ultimate impact on country’s money supply?





211. If rupee changes from Rs. 48 = $ 1 to Rs. 47.50 = $ 1, then which among the following would have said to occur?





212. If the demand and supply of a commodity increase by an equal absolute amount, what will be the effect on market price?





213. If the government chooses to spend money freshly printed by the RBI against government securities, it should be kept in which among the following?





214. If the people prefer to keep cash with them rather than deposits, which among the following impacts will be seen on the Money Supply of the country?





215. If the Reserve Bank of India wants to increase the Cash Reserves commercial Banks, which among the following would be the most probable step taken by it?





216. If there is a change in Bank rate , which among the following is affected_________?





217. If there is an increase in the external commercial borrowings in India. What will be the impact on the external debt of the country?





218. If two goods have no relationship with each other , what would be cross elasticity among them?





219. IMF can grant loan to __________?





220. In 1982, the Rural Planning and Credit Cell (RPCC) of Reserve Bank of India was merged in which of the following banks?





221. In a bid to introduce competitive bidding for allocation of coal blocks and benefit consuming industries, the government will soon replace the Mines and Minerals Development Regulation Act. In which year this act was enacted?





222. In a condition of monopoly, the monopolist has a control over the price he charges for his product. In which of the following conditions he will be able to maximize his profits?





223. In a progressive tax , the following statements holds true:?





224. In an oligopolistic or monopolistically competitive market, firms do not raise their prices because even a small price increase will lose many customers. Which among the following is the most suitable terms used for this concept?





225. In context of Budget, which among the following is not a Non-Plan Expenditure?





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