Category Archives : Economy Quiz


Prelims MCQs Quiz 46 : Economic Survey 2014-15

1. Economic Survey 2014-15 mentions – The Indian banking system is afflicted by what might be called “double financial repression”. In this context which of the following has caused financial repression on the asset side of the balance sheet? 1. high inflation. 2. SLR requirement. 3. PSL requirement. Select the correct answer using the codes given below. a) 3 only b) 2 only c) 2 and 3 only d) 1, 2 and 3   2. According to Economic Survey 2014-15, what is the JAM number… Continue Reading »


Prelims MCQs Quiz 39 : Government Schemes

1. The Kudumbashree program by the Kerala government works in the area of 1. reducing maternal mortality 2. providing micro credit 3. enhancing entrepreneurship 4. providing housing Select the correct answer using the codes given below. a) 1 and 2 only b) 1 ,3 and 4 only c) 2 and 3 only d) 1 ,2, and 4 only 2. The Price stabilization fund will support the procurement of 1. onion 2. groundnut 3. potato 4. rice Select the correct answer using the codes given below. a)… Continue Reading »


Prelims MCQs Quiz 38 : Economy

1. The term ‘micro-finance’ frequently appears in newspapers. Micro-finance includes 1. small loans 2. small deposits 3. money transfer 4. payment services Select the correct answer using the codes given below. a) 1, 2 and 3 only b) 1 ,3 and 4 only c) 2 ,3 and 4 only d) 1 ,2, 3 and 4  2. Consider the following statements about International Finance Corporation: 1. It is known as the private arm of the world bank. 2. It lends money to private sector companies of all… Continue Reading »


Prelims MCQs Quiz 27 : Economy

1. In India, which of the following is/are a mechanism of deficit financing? 1. borrowing from RBI. 2. borrowing from commercial banks. 3. issuing fresh currency notes. Select the correct answer using the codes given below. a) 1 and 2 only b) 1 and 3 only c) 2 and 3 only d) 1, 2 and 3 2. International Development Association (IDA) is called the ‘soft’ window of the World Bank (WB) because a) it lends for software and It development b) taking loans from it… Continue Reading »


Prelims MCQs Quiz 21 : Economy

1. Receipts in budget can be capital or revenue. Which of these is/are capital receipts? 1. Loan recoveries 2. Provident funds deposits 3. Grants Select the correct answer using the codes given below. a) 1 and 2 only b) 1 and 3 only c) 2 and 3 only d) 1, 2 and 3 2. If a government is unable to pass the budget in Lok Sabha, then: a) a totally new budget is presented. b) the budget is revised and presented again. c) the government… Continue Reading »


Prelims MCQs Quiz 15 : Economy

1. Fiscal consolidation is one of the objectives of India’s economic policy. Which of the following would help in fiscal consolidation ? 1. increasing taxes 2. getting more loans 3. reducing subsidies Select the correct answer using the codes given below. a) 1 and 2 only b) 1 and 3 only c) 2 and 3 only d) 1, 2 and 3 2. With reference to pulses, consider the following statements : 1. India is the largest producer of pulses. 2. India imports pulses to meet… Continue Reading »


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