Tag: economics

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Questions Related to economics

Multiple choice economics international economics indian economy during reforms liberalization, privatisation and globalisation: an appraisal structural changes in indian economy after liberalization

FDI in which of these sectors is not permitted ________.

  1. lottery

  2. chitfund

  3. gambling

  4. all of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation
FDI stands for Foreign Direct Investment. FDI refers to the investment made by an individual or firm into business interests of different country.
FDI is not permitted in sectors such as, lottery, cheat fund and gambling.
Multiple choice economics international economics indian economy during reforms liberalization, privatisation and globalisation: an appraisal structural changes in indian economy after liberalization

FDI is not permitted _______.

  1. atomic energy

  2. rail transport

  3. nidhi companies

  4. all of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation
FDI stands for Foreign Direct Investment. FDI refers to the investment made by an individual or firm into business interests of different country.
FDI is not permitted in sectors like, atomic energy, rail transport and Nidhi companies.
Multiple choice economics international economics indian economy during reforms liberalization, privatisation and globalisation: an appraisal structural changes in indian economy after liberalization

FDI is not allowed _______.

  1. real estate development

  2. betting

  3. casinos

  4. all of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation
FDI stands for Foreign Direct Investment. FDI refers to the investment made by an individual or firm into business interests of different country.
FDI is not allowed in sectors like, real estate development, betting and casinos.
Multiple choice economics international economics indian economy during reforms liberalization, privatisation and globalisation: an appraisal structural changes in indian economy after liberalization

Disinvestment means selling of _______________________.

  1. Public Investment to a Private Entrepreneur

  2. Private Investment to a Public Sector Unit

  3. Either (a) or (b)

  4. Neither (a) nor (b)
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

In business, disinvestment means to put on the market off convinced resources such as a developed plant, a division or supplementary, or product line. Disinvestment is from time to time described as the conflicting of capital expenditures. Some individuals use the term divestiture or divest when discussing disinvestment.

For example, electric producer manufacturer strength sell off its customer producer product lines and developed facilities in order to raise money that can be used to expand its industrial producer product line.

The correct option is A.


Multiple choice economics international economics indian economy during reforms liberalization, privatisation and globalisation: an appraisal structural changes in indian economy after liberalization

Encouragement of Foreign Direct Investment & removal of Quantitative Restrictions are both parts of ___________________.

  1. Industrial Reforms in India

  2. External Sector Reforms in India

  3. Land Reforms in India

  4. Banking Reforms in India
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

External sector reforms in India were aimed at integrating the Indian economy with the global market. This included liberalizing trade through the removal of quantitative restrictions and encouraging foreign investment.

Multiple choice economics international economics indian economy during reforms liberalization, privatisation and globalisation: an appraisal structural changes in indian economy after liberalization

Inspite of the Economic Reforms already carried out in India, there is a further need for ___________________.

  1. Better industrial deregulation

  2. Improvement in Fiscal Discipline

  3. Increase in growth of Infrastructure

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Economic reforms are continuous processes. In the Indian context, experts generally agree that further improvements are needed across fiscal discipline, infrastructure development, and industrial deregulation to sustain growth.

Multiple choice economics international economics indian economy during reforms liberalization, privatisation and globalisation: an appraisal structural changes in indian economy after liberalization

The Economic Reforms in India have failed to -

  1. Keep fiscal deficits to the targeted levels

  2. Fully implement industrial deregulation

  3. Fully open the economy to trade

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

While economic reforms have achieved significant growth, they have faced criticism for persistent fiscal deficits, incomplete implementation of certain industrial policies, and challenges in fully opening specific sectors to global trade.

Multiple choice economics international economics indian economy during reforms liberalization, privatisation and globalisation: an appraisal structural changes in indian economy after liberalization

Which one of the following statements about the National Agricultural Insurance Scheme (NAIS) is not correct ?

  1. It was introduced from Rabi 2000-2001 season

  2. It replaced the Comprehensive Crop Insurance scheme (CCIS) which was in operation since 1985

  3. It envisages coverage of all the food crops , oilseeds and annual commercial horticultural crops in respect of which past yield data is available for adequate number of years

  4. Among the commercial horticultural crops, eleven crops are correctly covered under the scheme
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The National Agriculture Insurance Scheme was introduced from Rabi-season 1999-2000.the new scheme is available to all the farmers-Loances and non-Loanee-irres-pective of their size of holdings.It envisages coverage of all the food crops ( cereals , millers, and pulses). Oilseeds and annual horticultural / commercial crops , in respect of which past yield data is available for adequate number of years among the annual commercial / horticulture crops, namely, sugarcane,potato, ginger, onion-turmeric, and chillies are covered.

Multiple choice economics consumption and investment functions keynesian law of consumption and propensity to consume ex ante and ex post concept of consumption function, saving function and investment function

AD curve is a _________________.

  1. Horizontal straight line parallel to the X-axis

  2. upward sloping curve

  3. downward sloping curve

  4. Vertical straight line parallel to the Y-axis
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Aggregate Demand refers to the desired level of expenditure in the economy during an accounting year. It is what people wish to spend on the purchase of goods and services during an accounting year. 

AD curve is upward sloping owing to increasing income in the economy as the income increases, the expenditure by the people also increases which leads to rising AD. Therefore, income and AD has a positive relationship between them. 

Multiple choice economics consumption and investment functions keynesian law of consumption and propensity to consume ex ante and ex post concept of consumption function, saving function and investment function

Out of the following, which can have a value more than one?

  1. MPC

  2. APC

  3. APS

  4. MPS
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

APC refers to Average Propensity to Consume which defines the amount of consumption in every 1 rupee of income for all level of income which can be more than one because there are situations in the economy when consumption is more national income, i.e. before the break-even point, APC > 1.