Economic Insights Quiz 4

The concept of Five year plan was introduced by

• Morarji Desai

• Lal Bahadur Shastri

• Jawaharlal Nehru

• Indira Ghandhi

What are the number of SDG goals?

• 15

• 17

• 20

• 16

Unemployment, which occurs due to moving from one job to another

• Frictional Unemployment

• Structural Unemployment

• Seasonal Unemployment

• Disguised Unemployment

Product or output is counted two or more times in estimating GDP is known as

• Second counting

• GDP counting

• Double Counting

• Value Added

Who is the chairman of the Central Bank of India?

• Shaktikanta Das

• Urijit Patel

• Raghuram Rajan

• Yogeshwara Reddy

Who appoints the chairman of SEBI?

•   Stock Exchanges

•   Brokers

• Investors

• Central Government

Responsiveness of demand to change in income is known as

• Income Effect

• Income Elasticity of Demand

• Cross Elasticity of Demand

• Demand - Income Effect

Open Market Operation means

• Buying of shares

• Selling of shares

• Buying and selling of shares

• None of the above

Subject matter of Economics

• Production

• Distribution

• Consumption

• All of the Above

Revenue = Expenditure

• Balanced Budget

• Equal Budget

• Surplus Budget

• Deficit Budget