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Practice Indian Economy Online Test 4 | Englishfreetest.com

  • Times: 20 minutes
  • Number Questions: 10 Question
  • By: englishfreetest.com
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Here's the exercise 'Practice Indian Economy Online Test 4 | Englishfreetest.com' about General Knowledge Online Test.


This General Knowledge Online Test simulates a real online certification exams. You will be presented Multiple Choice Questions (MCQs) based on General Knowledge Concepts, where you will be given four options. Online General Knowledge Test for competitive examination, entrance examination and campus interview. Take various tests and find out how much you score ...

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  • Test content
    Question 1: The budget deficit means
    A. the excess of total expenditure, including loans, net of lending over revenue receipts
    B. difference between revenue receipts and revenue expenditure
    C. difference between all receipts and all the expenditure
    D. fiscal deficit less interest payments
    Question 2: In utensils worth Rs 1000 are produced with copper worth Rs 500, wages paid are Rs 100, other material purchased is worth Rs 100 and depreciation of machinery is zero, then what is the value added in process?
    A. Rs 1000
    B. Rs 500
    C. Rs 400
    D. Rs 300
    Question 3: Paper currency first started in India in
    A. 1861
    B. 1542
    C. 1601
    D. 1880
    Question 4: The ARDC is now a branch of the
    A. RBI
    B. NABARD
    C. IDBI
    D. SDBI
    Question 5: Devaluation of currency leads to
    A. fall in domestic prices
    B. increase in domestic prices
    C. no impact on domestic prices
    D. erratic fluctuations in domestic prices
    Question 6: Since 1983, the RBI's responsibility with respect to regional rural banks was transferred to
    A. ARDC
    B. SBI
    C. NABARD
    D. PACs
    Question 7: Deficit financing implies
    A. printing new currency notes
    B. replacing new currency with worn out currency
    C. public expenditure in excess of public revenue
    D. public revenue in excess of public expenditure
    Question 8: In which of the following sequences the change in quantity of money leads to change in price level in the Keynesian models?
    A. Change in quantity of money - change in investment - change in employment and output - change in rate of interest - change in price level
    B. Change in quantity of money - change in employment and output - change in investment - change in the rate of interest - change in price level
    C. Change in quantity of money - change in investment - change in rate of interest - change in employment and output - change in price level
    D. Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level
    Question 9: Foreign Direct Investment ceilings in the telecom sector have been raised from 74 percent to
    A. 80 percent
    B. 83 percent
    C. 90 percent
    D. 100 percent
    Question 10: Which of the following is not a part of machinery that settles industrial disputes?
    A. Wage Court
    B. Works Committee
    C. Conciliation officers
    D. Board of Conciliation