Bhartiya Arthavyavastha

Which economist is known as the "Father of Modern Economics"?

• David Ricardo

• Adam Smith

• John Maynard Keynes

• Milton Friedman

What is the term when a country's imports exceed exports of goods and services?

• Fiscal deficit

• Trade surplus

• Current account deficit

• Budget deficit

When was the The Insolvency and Bankruptcy Code introduced in India ?

• 2016

• 2017

• 2019

• 2020

How long were people given to deposit or exchange their old ₹500 and ₹1000 notes after demonetization was announced?

• 180 days

• 365 days

• 50 days

• 90 days

Which financial instrument is known as a contract that gives the holder the right, but not the obligation, to buy or sell a specified quantity of an underlying asset at a predetermined price on or before a specified date?

• Stock

• Mutual Fund

• Derivative

• Bond

Which major Wall Street investment bank was acquired by JPMorgan Chase during the 2008 crisis?

• Bear Stearns

• Morgan Stanley

• Goldman Sachs

• Citigroup

What is the cash reserve ratio requirement in India

• 4.5

• 5.5

• 6.5

• 3.5

Which type of tax takes a higher percentage of income from high-income earners compared to low-income earners?

• Flat Tax

• Sales Tax

• Progressive Tax

• Regressive Tax

When was UPI launched in India?

• April 11, 2016

• August 11, 2016

• August 11, 2017

• April 11, 2017

Who was the first finance minister of independent India?

• R. K. Shanmukham Chetty

• C. D. Deshmukh

• T. T. Krishnamachari

• Morarji Desai