Indian Economy

Q. In which of the following sequences the change in quantity of money leads to change in price level in the Keynesian models?

A
Change in quantity of money - change in employment and output - change in investment - change in the rate of interest - change in price level
B
Change in quantity of money - change in investment - change in rate of interest - change in employment and output - change in price level
C
Change in quantity of money - change in investment - change in employment and output - change in rate of interest - change in price level
D
Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level

Correct Answer

Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level

More Questions on Indian Economy

  • Q. The association of the rupee with pound sterling as the intervention currency was broken in
    A)1991
    B)1992
    C)1990
    D)1993
    Answer: 1992
  • Q. Who is the author of the book Man and Economics?
    A)Robert Mundel
    B)Rudi Dornbusch
    C)Myron Scholes
    D)George Akerlof
    Answer: Robert Mundel
  • Q. In India the first bank of limited liability managed by Indian and founded in 1881 was:
    A)Hindustan Commercial Bank
    B)Oudh commercial Bank.
    C)Punjab National Bank
    D)Punjab and Sind Bank
    Answer: Oudh commercial Bank.
  • Q. Ten rupee notes contain the signature of:
    A)Chairman, SBI
    B)Finance Secretary, GOI
    C)Governor, RBI
    D)Finance Minister , GOI
    Answer: Governor, RBI
  • Q. Project ‘Sankalp’ is associated with the elimination of:
    A)AIDS/HIV
    B)Both A and B
    C)Polio
    D)None of the above
    Answer: AIDS/HIV
  • Q. Deficit financing means that the government borrows money from the
    A)local bodies
    B)RBI
    C)big businessmen
    D)IMF
    Answer: RBI
  • Q. SEBI which was established in April 1988 stands for:
    A)Securities and Exchange Board of India
    B)Share and Exchange Board of India
    C)Securities and Exchange Bureau of India
    D)Security and Economic Board of India
    Answer: Securities and Exchange Board of India
  • Q. If utensils worth Rs 1000 are produced with copper worth Rs 500, wages paid are Rs 100, other material purchased is worth Rs 100 and depreciation of machinery is zero, then what is the value added in process?
    A)Rs 500
    B)Rs 400
    C)Rs 1000
    D)Rs 300
    Answer: Rs 300
  • Q. At present, the number of nationalized banks are:
    A)17
    B)19
    C)15
    D)12
    Answer: 12
  • Q. In India Yellow revolution is associated with:
    A)production of oil seeds.
    B)production of tea
    C)production of flower
    D)production of paddy
    Answer: production of oil seeds.
  • Q. Inflation is measured in India on the basis of which ‘Index’?
    A)Consumer Price Index for urban workers
    B)Wholesale Price Index
    C)Consumer Price Index for agricultural workers
    D)National income deflation
    Answer: Wholesale Price Index
  • Q. The Ex-Officio Secretary of National Development Council is:
    A)General Secretary of Lok Sabha
    B)Secretary of Planning Commission
    C)Secretary of Finance Ministry
    D)Vice Chairman of Planning Commission
    Answer: Secretary of Planning Commission
  • Q. The co-operative credit societies have a
    A)three-tier structure
    B)two-tier structure
    C)four-tier structure
    D)five-tier structure
    Answer: three-tier structure
  • Q. The Twenty Point programme (TPP) conceived with the objective of improving quality of life of people was first initiated in:
    A)1986
    B)1982
    C)2006
    D)1975
    Answer: 1975
  • Q. The Board of Industrial and Financial Reconstruction (BIFR) came into existence in
    A)1986
    B)1987
    C)1984
    D)1989
    Answer: 1987
  • Q. As per the targets of 11th Five year Plan (2007-12) Mortality Rate (2012) has been targeted at:
    A)1 per 10000 births
    B)1 per 1000 births
    C)1 per 100 births
    D)1 per 10 births
    Answer: 1 per 1000 births
  • Q. The chairman of 13th finance Commission was:
    A)K C Neogy
    B)Nand Kishore Singh
    C)Vijay L. Kelkar.
    D)Y V Reddy
    Answer: Vijay L. Kelkar.
  • Q. Which of the following is not an undertaking under the administrative control of Ministry of Railways?
    A)Konkan Railway Corporation Limited
    B)Container Corporation of India Limited
    C)Indian Railways Construction Company Limited
    D)Diesel Locomotive Works, Varanasi
    Answer: Indian Railways Construction Company Limited
  • Q. Non Tax revenues can be increased by improving the working of the
    A)electricity boards
    B)State Road Transport Corporations
    C)commercial irrigation projects
    D)All of the above
    Answer: commercial irrigation projects
  • Q. The average rate of domestic savings (gross) for the Indian economy is currently estimated to be in the range of
    A)20 to 25 percent
    B)25 to 30 percent
    C)15 to 20 percent
    D)30 to 35 percent
    Answer: 20 to 25 percent

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