Q.1. Trade as an engine of growth was propounded by :
(A) Hirschman
(B) Nurkse
(C) Marshall
(D) Robinson
Q.2. A decrease in the domestic currency price of foreign currency is:
(A) Depreciation
(B) Appreciation
(C) Euro currency
(D) Hedging
Q.3. Fiscal policy is related to:
(A) Public revenue and expenditure
(B) Exports and Imports
(C) Issues and circulation of currencies
(D) Money supply
Q.4. Budget is presented in the Parliament as per:
(A) Article 280
(B) Article 112
(C) Article 202
(D) None of the above
Q.5. The largest contributing sector to GDP at the time of independence in India is:
(A) Agriculture
(B) Industry
(C) Service
(D) None of these
Q.6. The type of unemployment more prominent in India is:
(A) Seasonal
(B) Cyclical
(C) Structural
(D) Open
Q.7. India’s unemployment is estimated by the agency:
(A) NSSO
(B) RBI
(C) Finance Ministry
(D) Both (A)and(B)
Q.8. The long term unemployment is measured by:
(A) Usual Status
(B) Current Weekly Status
(C) Current daily Status
(D) None
Q.9. The main model that formed the basis of the strategy of the Second Five Year
Plan was formulated by :
(A) V.K. R.V. Rao
(B) PC. Mahalonobis
(C) Dr.Gadgil
(D) P.R.Brahamandas
Q.10. MISA means-
(A) Maintenance of Internal Security Act
(B) Maintenance of International Security Act
(C) Making of Internal Security Act
(D) Maintenance of Internal Surety Act
Answer:
Q.1.(B) Trade as an engine of growth was propounded by Ragner Nurkse.
Q.2.(B) A decrease in the domestic currency price of foreign currency is called appreciation.
Q.3.(A) Fiscal policy is related to Public revenue and expenditure.
Q.4.(B) Budget is presented in the Parliament as per Article 112 of Indian Constitution.
Q.5.(A) The largest contributing sector to GDP at the time of independence in India was Agriculture.
Q.6.(C) Structural type of unemployment is more prominent in India.
Q.7.(A) India’s unemployment is estimated by the NSSO (National Sample Survey Organisation).
Q.8.(A) The long term unemployment is measured by Usual Status.
Q.9.(B) The main model that formed the basis of the strategy of the Second Five Year
Plan was formulated by PC. Mahalonobis.
Q.10.(A) MISA means Maintenance of Internal Security Act.
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MAHENDRA GURU