Indian Economy Quiz 2

The word Dirigisme relates to

• Complete Capitalism

• Complete control of economy by state

• Positive role of state invention in economy

• None of the above

Consider the following equations
1. Budget deficit= Total expenditure- Total Receipts
2. Primary deficit= Fiscal deficit- Interest payments
Select the correct option

• Only 1

• Only 2

• All of the above

• None of the above

Consider the following statements
1) Primary sector hosts majority of workers
2) Unemployment is more in urban than in rural
Which of the statements given above are correct?

• Only 1

• Only 2

• All of the above

• None of the above

Deendayal Upadhyay Shramev Jayate Karyakram does not include which?

• Apprentice Protsahan Yojana

• Pradhan Mantri Rozgar Protsahan Yojana

• Revamped Rashtriya Swasthya Bima Yojana

• Universal Account Number

Look at the following statements about real exchange rate
1) It is taken as a measure of a country's international competitiveness
2) It refers to the relative price of goods
3) It has bearing on export and imports of the country
Which of the statements given above are correct?

• Only 1 and 2

• Only 2 and 3

• Only 1 and 3

• All of the above

Palma ratio is

• It is the ratio of richest 10% of the population share of gross national income divided by the poorest 40% share

• It is the ratio of the poorest 40% of the population share of gross national income divided by the richest 10% share

• It is the ratio of the richest 10% of the population share of gross national income divided by the poorest 60% share

• None of the above

Which are the qualitative techniques used in monetary policy
1) Open market operations
2) Credit Rationing
3) Moral Suasion
Which of the techniques given above are correct?

• Only 1 and 2

• Only 2 and 3

• Only 1 and 3

• All of the above

Which of the following are money market instruments
1) Equity
2) Fully and partially convertible debentures
3) Shares
Select the correct answer using the code given below.

• Only 1

• 1 and 2

• 1 and 3

• None of them

The objectives of Government budget are
1) Economic Stability
2) Redistribution of income and wealth
3) Allocation of resources
Which of the statements given above are correct?

• Only 1 and 2

• Only 2 and 3

• Only 1 and 3

• All of the above

Revenue expenditure does not include one of these

• Interest payment

• Infrastructure development

• Major subsidies

• Defence expenditure