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Economics

271)The service(s) rendered under micro-finance is/are
I. Savings facilities
II. Insurance facilities
III. Funs transfer facilities
IV. Credit facilities
I nad II I, II and III
III and IV All of these
Answer :

272)Which of the following is true about the industrial policy 1991?
There is no reservation of products for production in small-scale sector The number of industries reserved for public sector has been enhanced
Only five industries related to security, steategic and environmental concerns require industrial license None of these
Answer :

273)Poverty in less developed countries is due to
lack of cultural activities income inequality
voluntary iseleness lack of skill of the people
Answer :

274)Capital account includes
I. Foreign Direc Investment
II. Private Remittances
III. Portfolio Investment
IV. Foreign Loans
I, II and IV I, III and IV
II, III and IV All of these
Answer :

275)According to Walra's Law the sum of the excess demand for money, bonds and current output must be
Equal to noe Less than one
Equal to Zero More than one
Answer :

276)When there is perfect correlation between two variables, then the regression lines are
parallel Perpendicular
intersectional coincidental
Answer :

277)Money supply in the economy will increase if
I. Money borrowed by the government from the central bank
II. Central bank purchases government securities from the public
III. Public deposit currency in the commercial banks
IV. Central banks sales government securities to the public
I and III II, III and IV
I and II All of these
Answer :


278)In discriminating monopoly under the first degree of price discrimination, the consumer's price will be
Zero Minimum
Maximum Indeterminate
Answer :

279)Pure interest is
More than gross interest Less than gross interest
Equal gross interest Not related to gross interest
Answer :

280)Which one of the following is the main point of 20 points economic programme in India?
Benefit of insurance for all Removal of poverty
Improvement in quality of life Both (b) and (c)
Answer :

281)Which one of the following steps to be taken by the central bank to control inflation?
Decrease in cash reserve ratio, along with sale of securities under open market operation Decrease in cash reserve ratio, along with purchase of securities under open market operation
Increase in cash reserve ratio, along with sale of securities under open market operation Increase in cash reserve ratio, along with purchase of securities under open market operation
Answer :

282)Which one of the following is not an example of Internal Economies?
Economies of competition Economies of division of labour
Economies of superior technology Economies of management
Answer :

283)For unitary elastic demand curve, when price increases, the amount spent by a consumer on a good
increases decreases
remain unchanged become zero
Answer :

284)Which one of the following is not expressed by a transformation curve?
Scarcity Factor price
Opportunity cost Choice
Answer :

285)The Current Account includes (with reference to balance of payment)
I. Balance of Trade
II. Balance of Invisibles
III. Foreign Assets
IV. Special Drawing Right
I and II II and III
III and IV All of them
Answer :

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