Q. Which irrigation method is most efficient in terms of water usage?
A.
Flood irrigation
B.
Surface irrigation
C.
Drip irrigation
D.
Sprinkler irrigation
Show solution
Solution
Drip irrigation is the most efficient method as it delivers water directly to the roots of plants, minimizing evaporation and runoff.
Correct Answer:
C
— Drip irrigation
Learn More →
Q. Which of the following best describes 'fiscal policy'?
A.
Regulation of money supply
B.
Government spending and taxation decisions
C.
Control of interest rates
D.
Management of foreign exchange
Show solution
Solution
Fiscal policy refers to government spending and taxation decisions aimed at influencing economic activity.
Correct Answer:
B
— Government spending and taxation decisions
Learn More →
Q. Which of the following best describes discretionary fiscal policy?
A.
Automatic changes in government spending and taxes
B.
Deliberate changes made by the government to influence the economy
C.
Changes in monetary policy by the central bank
D.
None of the above
Show solution
Solution
Discretionary fiscal policy refers to deliberate changes in government spending and taxes made by policymakers to influence economic conditions.
Correct Answer:
B
— Deliberate changes made by the government to influence the economy
Learn More →
Q. Which of the following can be a consequence of prolonged unemployment?
A.
Increased job satisfaction
B.
Improved skills
C.
Mental health issues
D.
Higher wages
Show solution
Solution
Prolonged unemployment can lead to mental health issues due to stress, anxiety, and loss of self-esteem associated with joblessness.
Correct Answer:
C
— Mental health issues
Learn More →
Q. Which of the following instruments is used for liquidity adjustment in the banking system?
A.
Statutory Liquidity Ratio (SLR)
B.
Bank Rate
C.
Reverse Repo Rate
D.
Income Tax
Show solution
Solution
The Reverse Repo Rate is used for liquidity adjustment by allowing banks to park their excess funds with the RBI.
Correct Answer:
C
— Reverse Repo Rate
Learn More →
Q. Which of the following is a benefit of using modern irrigation techniques?
A.
Higher water consumption
B.
Increased crop yield
C.
More labor-intensive
D.
Higher soil salinity
Show solution
Solution
Modern irrigation techniques, such as drip and sprinkler systems, lead to increased crop yield by providing optimal water supply.
Correct Answer:
B
— Increased crop yield
Learn More →
Q. Which of the following is a challenge to achieving inclusive growth in India?
A.
High literacy rates
B.
Urbanization
C.
Income disparity
D.
Technological advancement
Show solution
Solution
Income disparity is a significant challenge to achieving inclusive growth, as it limits access to resources and opportunities for many individuals.
Correct Answer:
C
— Income disparity
Learn More →
Q. Which of the following is a challenge to food security in India?
A.
High agricultural productivity
B.
Climate change impacts
C.
Increased food exports
D.
Government subsidies
Show solution
Solution
Climate change poses significant challenges to food security by affecting agricultural productivity and food supply.
Correct Answer:
B
— Climate change impacts
Learn More →
Q. Which of the following is a common cause of unemployment?
A.
High inflation
B.
Technological advancements
C.
Increased consumer spending
D.
Government subsidies
Show solution
Solution
Technological advancements can lead to unemployment as machines and automation replace human labor in various industries.
Correct Answer:
B
— Technological advancements
Learn More →
Q. Which of the following is a common measure of inflation?
A.
Gross Domestic Product (GDP)
B.
Consumer Price Index (CPI)
C.
Unemployment Rate
D.
Balance of Payments
Show solution
Solution
The Consumer Price Index (CPI) is a widely used measure of inflation, reflecting the average change over time in the prices paid by consumers for a basket of goods and services.
Correct Answer:
B
— Consumer Price Index (CPI)
Learn More →
Q. Which of the following is a common method of irrigation?
A.
Drip irrigation
B.
Soil erosion
C.
Crop rotation
D.
Pesticide application
Show solution
Solution
Drip irrigation is a common method that delivers water directly to the base of plants, minimizing water waste and maximizing efficiency.
Correct Answer:
A
— Drip irrigation
Learn More →
Q. Which of the following is a component of fiscal policy?
A.
Interest rate adjustments
B.
Taxation
C.
Open market operations
D.
Reserve requirements
Show solution
Solution
Taxation is a key component of fiscal policy, which involves government spending and revenue collection.
Correct Answer:
B
— Taxation
Learn More →
Q. Which of the following is a component of Microeconomics?
A.
National income
B.
Inflation rates
C.
Consumer behavior
D.
Unemployment rates
Show solution
Solution
Consumer behavior is a component of Microeconomics, focusing on individual and business decision-making.
Correct Answer:
C
— Consumer behavior
Learn More →
Q. Which of the following is a contractionary monetary policy tool?
A.
Lowering the repo rate
B.
Increasing the Cash Reserve Ratio
C.
Decreasing the reverse repo rate
D.
Buying government securities
Show solution
Solution
Increasing the Cash Reserve Ratio (CRR) is a contractionary tool as it reduces the amount of funds available for banks to lend.
Correct Answer:
B
— Increasing the Cash Reserve Ratio
Learn More →
Q. Which of the following is a direct consequence of a budget surplus?
A.
Increased public spending
B.
Reduction in national debt
C.
Higher taxes
D.
Increased inflation
Show solution
Solution
A budget surplus allows the government to reduce national debt, as it has excess funds after covering its expenditures.
Correct Answer:
B
— Reduction in national debt
Learn More →
Q. Which of the following is a direct consequence of a decrease in the SLR?
A.
Increased liquidity for banks
B.
Higher interest rates for loans
C.
Decreased money supply in the economy
D.
Lower inflation rates
Show solution
Solution
A decrease in the SLR increases liquidity for banks, allowing them to lend more.
Correct Answer:
A
— Increased liquidity for banks
Learn More →
Q. Which of the following is a direct consequence of an increase in the SLR?
A.
Increased lending capacity of banks
B.
Decreased liquidity in the banking system
C.
Lower interest rates
D.
Increased foreign investment
Show solution
Solution
An increase in the Statutory Liquidity Ratio (SLR) reduces the funds available for banks to lend, leading to decreased liquidity in the banking system.
Correct Answer:
B
— Decreased liquidity in the banking system
Learn More →
Q. Which of the following is a direct effect of high unemployment rates?
A.
Increased consumer spending
B.
Higher poverty levels
C.
Lower inflation
D.
Increased investment
Show solution
Solution
High unemployment rates typically lead to higher poverty levels as more individuals and families struggle to meet their basic needs.
Correct Answer:
B
— Higher poverty levels
Learn More →
Q. Which of the following is a financial instrument that can help alleviate poverty?
A.
Government bonds
B.
Microloans
C.
Stocks
D.
Derivatives
Show solution
Solution
Microloans are small loans provided to individuals in poverty to help them start businesses or improve their livelihoods, thus alleviating poverty.
Correct Answer:
B
— Microloans
Learn More →
Q. Which of the following is a financial instrument used in India for planning?
A.
Government bonds
B.
Equity shares
C.
Mutual funds
D.
All of the above
Show solution
Solution
Government bonds, equity shares, and mutual funds are all financial instruments used in India for planning and investment.
Correct Answer:
D
— All of the above
Learn More →
Q. Which of the following is a financial instrument used in the Indian economy?
A.
Equity shares
B.
Government bonds
C.
Mutual funds
D.
All of the above
Show solution
Solution
All of the options listed are financial instruments used in the Indian economy.
Correct Answer:
D
— All of the above
Learn More →
Q. Which of the following is a function of the RBI that supports inclusive growth?
A.
Regulating foreign exchange
B.
Issuing currency notes
C.
Promoting financial literacy
D.
Setting interest rates
Show solution
Solution
Promoting financial literacy is a function of the RBI that helps empower individuals to make informed financial decisions, supporting inclusive growth.
Correct Answer:
C
— Promoting financial literacy
Learn More →
Q. Which of the following is a function of the RBI?
A.
Issuing currency notes
B.
Setting income tax rates
C.
Regulating the stock market
D.
Managing government budgets
Show solution
Solution
One of the key functions of the RBI is to issue currency notes.
Correct Answer:
A
— Issuing currency notes
Learn More →
Q. Which of the following is a function of the Reserve Bank of India (RBI)?
A.
Issuing currency
B.
Collecting taxes
C.
Managing public debt
D.
Regulating stock markets
Show solution
Solution
The RBI is responsible for issuing currency in India, which is a key function of a central bank.
Correct Answer:
A
— Issuing currency
Learn More →
Q. Which of the following is a key component of a government budget?
A.
Monetary policy
B.
Fiscal deficit
C.
Interest rates
D.
Inflation targeting
Show solution
Solution
Fiscal deficit is a key component of a government budget as it indicates the difference between the government's total revenue and total expenditure.
Correct Answer:
B
— Fiscal deficit
Learn More →
Q. Which of the following is a key feature of Environmental Conservation Acts?
A.
Tax incentives for pollution
B.
Regulation of emissions
C.
Subsidies for fossil fuels
D.
Deregulation of industries
Show solution
Solution
A key feature of Environmental Conservation Acts is the regulation of emissions to control pollution and protect the environment.
Correct Answer:
B
— Regulation of emissions
Learn More →
Q. Which of the following is a key feature of the Public Distribution System (PDS) in India?
A.
Direct cash transfers to farmers
B.
Distribution of food grains at market prices
C.
Targeted distribution of subsidized food grains
D.
Import of food grains from other countries
Show solution
Solution
The PDS is designed to provide subsidized food grains to eligible households, ensuring access to essential food items.
Correct Answer:
C
— Targeted distribution of subsidized food grains
Learn More →
Q. Which of the following is a key function of the Reserve Bank of India (RBI) in disaster management?
A.
Issuing new currency notes
B.
Regulating foreign exchange
C.
Providing financial assistance to affected sectors
D.
Setting interest rates
Show solution
Solution
The RBI plays a crucial role in disaster management by providing financial assistance to sectors affected by disasters, ensuring economic stability.
Correct Answer:
C
— Providing financial assistance to affected sectors
Learn More →
Q. Which of the following is a key indicator of inclusive growth?
A.
Per capita income
B.
Unemployment rate
C.
Poverty rate
D.
Inflation rate
Show solution
Solution
The poverty rate is a key indicator of inclusive growth as it reflects the proportion of the population that is unable to meet basic needs.
Correct Answer:
C
— Poverty rate
Learn More →
Q. Which of the following is a key indicator used in economic planning?
A.
Gross Domestic Product (GDP)
B.
Consumer Price Index (CPI)
C.
Unemployment rate
D.
All of the above
Show solution
Solution
Gross Domestic Product (GDP), Consumer Price Index (CPI), and unemployment rate are all key indicators used in economic planning.
Correct Answer:
D
— All of the above
Learn More →
Showing 151 to 180 of 222 (8 Pages)