Economics

  1. Bottle neck inflation means
    (A) No rise in Prices without increase in the aggregate demand
    (B) Rise in prices without increase in the aggregate demand
    (C) Decline in Prices due to increase in aggregate demand
    (D) None of these
  2. Show Answer (B) Rise in prices without increase in the aggregate demand

  3. Long-term loans in India's Co-operative structure are extended by?
    (A) Primary Co-operative Societies
    (B) Central Banks
    (C) State Co-operative Banks
    (D) Land Development Banks
  4. Show Answer (D) Land Development Banks

  5. Custodian of foreign exchange is?
    (A) Foreign Exchange Bank
    (B) State Bank of India
    (C) Foreign Bank
    (D) Reserve Bank of India
  6. Show Answer (D) Reserve Bank of India

  7. Community Development and National Extension Service Programmes were initiated during which of the following Five Year Plans ?
    (A) Second
    (B) Third
    (C) First
    (D) Fifth

  8. The Planning Commission implemented three Annual Plans instead of Five-Year Plans between
    (A) the third and fourth plan
    (B) the Fifth and Sixth Plan
    (C) the Sixth and Seventh plan
    (D) the Seventh and Eighth Plan
  9. Show Answer (A) the third and fourth plan

  10. Of the various ways of financing governments' investment expenditure, the least inflationary is
    (A) foreign aid
    (B) deficit financing
    (C) taxation
    (D) public borrowing

  11. Which Five-Year Plan accorded highest priority to the development of transport and communication in terms of percentage allocation of plan outlay ?
    (A) Fifth
    (B) Fourth
    (C) Third
    (D) Second

  12. The best means of saving during inflation is
    (A) Money
    (B) Government Bonds
    (C) Equity
    (D) Time deposits with Banks

  13. What is a Scheduled Bank?
    (A) Abank having a deposit of Rs.100 crore
    (B) Abank included in the second schedule of Reserve Bank of India
    (C) Abank with more than 50 branches
    (D) None of these
  14. Show Answer (B) Abank included in the second schedule of Reserve Bank of India

  15. Five year plan in India is finally approved by
    (A) Union Cabinet
    (B) President on the advice of Prime Ministers
    (C) Planning Commission
    (D) National Development Council
  16. Show Answer (D) National Development Council

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