101. What is a revenue deficit in the government budget?

  • (A) The excess of expenditure over revenue, excluding interest payments on debt
  • (B) The excess of revenue over expenditure, including interest payments on debt
  • (C) The excess of revenue over expenditure, excluding interest payments on debt
  • (D) The excess of expenditure over revenue, including interest payments on debt

102. What is/are the objective(s) of Fiscal Policy? 1) Boost growth 2) Control inflation

  • (A) Neither 1 nor 2
  • (B) Both 1 and 2
  • (C) Only 2
  • (D) Only 1

103. The velocity of circulation of money will be higher when the ________ is less than the requirements of the economy.

  • (A) velocity of money
  • (B) elasticity of money
  • (C) demand for money
  • (D) supply of money

104. What is the impact of proportional taxes?

  • (A) Increases the marginal propensity to consume
  • (B) Reduces the autonomous expenditure multiplier
  • (C) Increases the induced expenditure multiplier
  • (D) Increases the autonomous expenditure multiplier

105. Intervention by the monetary authority of a country in the money market to keep money supply stable against exogenous or sometimes external shocks is called _____.

  • (A) sterilisation
  • (B) capitalisation
  • (C) conservation
  • (D) neutralisation

106. Which of the following refers to the purchase and sale of government securities?

  • (A) Bank rate
  • (B) Open market operations
  • (C) Reserve ratio
  • (D) High powered money

107. Price control and rationing are direct control measures to check ________.

  • (A) disinflation
  • (B) deflation
  • (C) inflation
  • (D) reflation

108. What is the use of Net National Product (NNP)?

  • (A) To calculate per capita income
  • (B) To calculate exports
  • (C) To calculate balance of payments
  • (D) To calculate imports

109. Which cost is considered for calculating the national income in India?

  • (A) Factor cost
  • (B) Product cost
  • (C) Market cost
  • (D) Sunk cost

110. In India, statutory liquidity ratio is fixed by _____.

  • (A) India Brand Equity Foundation
  • (B) State government
  • (C) Commercial banks
  • (D) Reserve Bank of India

Total Quizz:- 604

Economics

Economics is a key subject for understanding economic principles and their application. At Online Sarkari Exam, we offer resources on topics such as microeconomics, macroeconomics, economic theories, and policies. Our materials include detailed explanations, graphs, and practice questions to help you grasp economic concepts.

We focus on providing clear and concise information to help you understand economic principles and their real-world implications. Our resources are designed to prepare you for economics-related questions in competitive exams.