Indian Economy Questions Practice Question and Answer
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Q: When was the Bombay Stock Exchange established?
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5f08316c429a37679ec221e1- 11890 A.D.false
- 21865 A.D.false
- 31875 A.D.true
- 41881 A.D.false
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Answer : 3. "1875 A.D."
Q: PSW stands for
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5f435c623688b83fde012fad- 1Process status wordfalse
- 2Processor status wordfalse
- 3Program status wordtrue
- 4Primitive status wordfalse
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Answer : 3. "Program status word"
Q: In Economics, buying an asset in one market and simultaneously selling an identical asset in another market at a higher price is termed as ____________.
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5f572bd6f13b91397f39d344- 1Depreciationfalse
- 2Mortgagefalse
- 3Devaluationfalse
- 4Arbitragetrue
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Answer : 4. "Arbitrage"
Q: Cause of Inflation is -
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60a36dd7d3afc7379b0c205f- 1Increase in money supplyfalse
- 2Fall in productionfalse
- 3Increases in money supply and fall in productiontrue
- 4Decrease in money supply and fall in productionfalse
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Answer : 3. "Increases in money supply and fall in production "
Q: A discount given for the purpose of increasing sales is called-
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5fb7b2d0e7381019a0b88695- 1Commercial leavetrue
- 2Cash discountfalse
- 3Discount receivedfalse
- 4None of thesefalse
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Answer : 1. "Commercial leave"
Q: Which among the following formulates fiscal policy?
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5ec37a128463ff0219fff578- 1RBItrue
- 2Finance Ministryfalse
- 3SEBIfalse
- 4Planning Commissionfalse
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Answer : 1. "RBI "
Q: Stagflation is defined as
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5f437d353688b83fde024abc- 1high inflation, low growth, high unemploymentfalse
- 2high inflation, low growth, high unemploymenttrue
- 3high inflation, high growth, high unemploymentfalse
- 4low inflation, high growth, low unemploymentfalse
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Answer : 2. "high inflation, low growth, high unemployment "
Q: ___________ unemployment happens when people are not able to find jobs during some months of the year.
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5fe1d91492210049c5b1ff90- 1Disguisedfalse
- 2Educatedfalse
- 3Seasonaltrue
- 4None of the abovefalse
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Answer : 3. "Seasonal"
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