Tag: economics

Questions Related to economics

Environmental balance is implied in the term _________.

  1. economic development

  2. economic growth

  3. industrialisation

  4. none of these


Correct Option: A

Environment Scanning is careful monitoring of an organization's _______ environments for detecting early signs of opportunities and threats that may influence its current and future plans. 

  1. internal and social

  2. external and business

  3. internal and external

  4. internal and business


Correct Option: C

Example/s of the secondary environmental pollutant is _________.

  1. Smog

  2. Ozone

  3. PAN

  4. All of these


Correct Option: D
Explanation:

Introduction of substances that are harmful to the environment is called environmental pollution and the substance is called pollutant. A chemical substance which is not a pollutant but becomes a pollutant on reaction with other substance is called secondary pollutant All the given options are examples of secondary pollutants which include Smog, Ozone, Peroxyacetyl nitrate (PAN).

Which of the following Stock Exchanges is in a stage of advanced negotiations to pick up a strategic equity stake in Bombay Stock Exchange?

  1. London Stock Exchange

  2. Tokyo Stock Exchange

  3. New York Stock Exchange

  4. Hong Kong Stock Exchange


Correct Option: C
Explanation:

In 2014, more than 75 percent of the stock shares traded on United States exchanges (including the NEW YORK STOCK EXCHANGE ) originated from automated trading system orders.

Select the correct statement/statements about the traits of 'imperative planning' from the given list. using the code given below:
1. Only quantitative targets are set as was the case in pre-reform India.
2. The planning process of the state economies were, generally, imperative.  

  1. Only 1

  2. Only 2

  3. I and 2

  4. Neither 1 nor 2


Correct Option: D
Explanation:

India never followed imperative planning and its planning has been 'indicative' since India launched planning. Plannings of the 'State Economics' (Communist and Socialist economies) were always imperative in nature.

Consider the following statements about the nature of economic planning under the Planning Commission and select the correct one/ones using the code given below:
 I. It has been a process of socio-economic planning.
2. It has been inclusive of Gandhian Socialism. 

  1. Only I

  2. Only 2

  3. I and 2

  4. Neither I nor 2


Correct Option: D
Explanation:

Indian planning has been a process of economic planning and had nothing to do with the 'social' aspects of the country. India follows 'systemic' approach to planning rather than 'normative'.

A measure of the physical quantity of the goods or services produced through a government scheme or programme is called ______________.

  1. Outlay

  2. Output

  3. Outcome

  4. Input


Correct Option: B
Explanation:

A measure of the physical quantity of the goods or services produced through a government scheme or programme is called output.

Which of the following is not the part of the structure of the Financial System in India?

  1. Industrial Finance

  2. Agricultural Finance

  3. Government Finance

  4. Personal Finance


Correct Option: D

State whether the following statements are True or False.
Indian planning is democratic in nature.

  1. True

  2. False


Correct Option: A
Explanation:

India’s commitment to planned economic development is a reflection of our society’s determination to improve the economic conditions of our people and an affirmation of the role of the government in bringing about the growth performance through a variety of social, economic and institutional means. The ultimate objective of the Indian planning is to achieve broad based improvement in the living standard of society at large. Rapid growth is essential for expanding incomes and employment. It provides the required resources to finance programmes of social uplift.