Economy & Banking

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Q. What is the main purpose of the National Health Mission (NHM)?
  • A. To provide free education
  • B. To improve healthcare services in rural areas
  • C. To promote digital literacy
  • D. To enhance agricultural productivity
Q. What is the main purpose of the repo rate?
  • A. To control inflation
  • B. To provide liquidity to banks
  • C. To encourage foreign investment
  • D. To stabilize the stock market
Q. What is the objective of the Pradhan Mantri Ujjwala Yojana?
  • A. To provide free electricity to rural households
  • B. To provide clean cooking fuel to women from below poverty line
  • C. To enhance rural connectivity
  • D. To promote digital payments
Q. What is the potential downside of expansionary fiscal policy?
  • A. Increased unemployment
  • B. Higher inflation
  • C. Decreased GDP
  • D. Lower consumer spending
Q. What is the poverty line?
  • A. A measure of economic growth
  • B. A threshold income level
  • C. A type of unemployment
  • D. A government subsidy
Q. What is the primary focus of the Pradhan Mantri Fasal Bima Yojana (PMFBY)?
  • A. To provide crop insurance to farmers
  • B. To enhance irrigation facilities
  • C. To promote organic farming
  • D. To support agricultural research
Q. What is the primary function of a commercial bank?
  • A. To issue currency
  • B. To provide loans and accept deposits
  • C. To manage government accounts
  • D. To regulate the money supply
Q. What is the primary function of commercial banks?
  • A. Issuing currency
  • B. Accepting deposits and providing loans
  • C. Regulating monetary policy
  • D. Managing foreign exchange
Q. What is the primary function of the Agricultural Credit System in India?
  • A. To provide loans for agricultural development
  • B. To regulate crop prices
  • C. To manage irrigation resources
  • D. To control pest outbreaks
Q. What is the primary function of the Monetary Policy Committee (MPC) in India?
  • A. To set fiscal policy
  • B. To determine the Repo Rate
  • C. To regulate foreign investments
  • D. To manage public debt
Q. What is the primary function of the National Bank for Agriculture and Rural Development (NABARD)?
  • A. To regulate interest rates
  • B. To provide credit and development support to agriculture
  • C. To monitor inflation
  • D. To issue currency
Q. What is the primary goal of a Disaster Management Framework in the context of macroeconomics?
  • A. To increase government spending
  • B. To stabilize the economy during crises
  • C. To reduce inflation rates
  • D. To promote international trade
Q. What is the primary goal of contractionary fiscal policy?
  • A. Stimulate economic growth
  • B. Reduce inflation
  • C. Increase employment
  • D. Boost consumer spending
Q. What is the primary goal of Environmental Conservation Acts?
  • A. To promote industrial growth
  • B. To protect natural resources
  • C. To increase government revenue
  • D. To enhance urban development
Q. What is the primary goal of expansionary fiscal policy?
  • A. To reduce inflation
  • B. To decrease unemployment
  • C. To increase taxes
  • D. To balance the budget
Q. What is the primary goal of fiscal management?
  • A. Maximizing government revenue
  • B. Ensuring economic stability
  • C. Reducing unemployment
  • D. Increasing public sector investment
Q. What is the primary goal of fiscal policy?
  • A. Control inflation
  • B. Reduce unemployment
  • C. Stimulate economic growth
  • D. All of the above
Q. What is the primary goal of inclusive growth in the Indian economy?
  • A. Maximizing GDP growth
  • B. Reducing income inequality
  • C. Increasing foreign investment
  • D. Enhancing export performance
Q. What is the primary goal of monetary policy in the context of robotics and automation?
  • A. To increase employment in traditional sectors
  • B. To control inflation and stabilize the economy
  • C. To promote technological advancements
  • D. To reduce government spending
Q. What is the primary measure of poverty in an economy?
  • A. Income level
  • B. Employment rate
  • C. Inflation rate
  • D. GDP growth
Q. What is the primary objective of monetary policy?
  • A. Control inflation
  • B. Increase government spending
  • C. Reduce unemployment
  • D. Regulate foreign exchange
Q. What is the primary objective of planning in India?
  • A. To achieve economic growth
  • B. To reduce inflation
  • C. To increase exports
  • D. To control population
Q. What is the primary objective of the National Food Security Act (NFSA) in India?
  • A. To increase agricultural exports
  • B. To provide subsidized food grains to the poor
  • C. To regulate food prices
  • D. To promote organic farming
Q. What is the primary objective of the Reserve Bank of India (RBI) in terms of monetary policy?
  • A. To control inflation
  • B. To increase government revenue
  • C. To regulate foreign exchange
  • D. To promote exports
Q. What is the primary objective of the Reserve Bank of India (RBI)?
  • A. To regulate the stock market
  • B. To manage the country's foreign exchange
  • C. To control inflation and stabilize the currency
  • D. To provide loans to the government
Q. What is the primary objective of the Reserve Bank of India's monetary policy?
  • A. Control inflation
  • B. Increase employment
  • C. Boost exports
  • D. Regulate foreign exchange
Q. What is the primary purpose of a government budget?
  • A. To control inflation
  • B. To allocate resources
  • C. To manage public debt
  • D. To regulate the banking sector
Q. What is the primary purpose of biotechnology in the economy?
  • A. To enhance agricultural productivity
  • B. To reduce government regulations
  • C. To increase fossil fuel production
  • D. To promote traditional farming methods
Q. What is the primary purpose of budgeting in fiscal management?
  • A. To increase government revenue
  • B. To allocate resources efficiently
  • C. To reduce public debt
  • D. To control inflation
Q. What is the primary purpose of irrigation in agriculture?
  • A. To increase soil fertility
  • B. To provide water to crops
  • C. To reduce pest infestations
  • D. To enhance crop rotation
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