Basic Economics

With reference to investments, consider Bonds, Hedge Funds, Stocks and Venture Capital. How many are treated as Alternative Investment Funds?

With reference to the Government of India, consider the matching of the Directorate of Enforcement, Directorate of Revenue Intelligence and Directorate General of Systems and Data Management with their functions and parent departments.

Consider statements explaining why bondholders are generally at lower risk than stockholders, including their status as lenders and repayment priority.

The total fertility rate in an economy is defined as:

Consider the following statements: 1. In India, Non-Banking Financial Companies can access the Liquidity Adjustment Facility window of the Reserve Bank of India. 2. In India, Foreign Institutional Investors can hold the Government Securities (G-Secs). 3. In India, Stock Exchanges can offer separate trading platforms for debts. Which of the statements given above is/are correct?

With reference to the sectors of the Indian economy, consider the following pairs: Economic activity — Sector: 1. Storage of agricultural produce — Secondary; 2. Dairy farm — Primary; 3. Mineral exploration — Tertiary; 4. Weaving cloth — Secondary. How many of the pairs given above are correctly matched?

With reference to physical capital in Indian economy, consider the following pairs: 1. Farmer's plough — Working capital; 2. Computer — Fixed capital; 3. Yarn used by the weaver — Fixed capital; 4. Petrol — Working capital. How many of the above pairs are correctly matched?

With reference to the Indian economy, "Collateral Borrowing and Lending Obligations" are the instruments of:

Which of the following activities constitute real sector in the economy? 1. Farmers harvesting their crops 2. Textile mills converting raw cotton into fabrics 3. A commercial bank lending money to a trading company 4. A corporate body issuing Rupee Denominated Bonds overseas Select the correct answer using the code given below:

Consider the following statements: Other things remaining unchanged, market demand for a good might increase if 1. price of its substitute increases 2. price of its complement increases 3. the good is an inferior good and income of the consumers increases 4. its price falls. Which of the above statements are correct?

Which one of the following is likely to be the most inflationary in its effects?

With reference to the Indian economy consider the following statements? 1. ‘Commercial paper’ is short term Unsecure promissory note 2. ‘Certificate of Deposit’ is a long-term instrument issued by the Reserve bank of India to a corporation 3. ‘Call Money’ is short-term finance used for interbank transaction. 4. “Zero coupons bonds are the interest-bearing short-term bonds issued by the Scheduled Commercial Bank to corporation. Which of the statements given above is/are correct?

The term ‘West Taxes Intermediate’, sometimes found in news to a grade of

Which of the following issued by registered foreign portfolio investors to overseas investors who want to be part of the Indian stock market without registering themselves directly?

With reference to India’s Five – Year Plan, which of the following statements is/ are correct? 1. From the Second Five- Year Plan, there was a determined thrust towards substitution of basic and capital good industries. 2. The Fourth Five- Year Plan adopted the objective of correcting the earlier trend of increased concentration of wealth and economic power. 3. In the Fifth Five- Year Plan, for the first time, the financial sector was included as an integral part of the Plan. Select the correct answer using the code given below.

Consider the following statements: 1. Purchasing power exchange rates are calculated by comparing the price of the same basket of goods and services I different countries. 2. In terms of PPP dollars, India is the sixth largest economy in the world. Which of the statements given above is/ are correct?

If a commodity is provided free to the public by the Government, then

Increase in absolute and per capita real GNP do not connote a higher level of economic development, if

Consider the following statements: 1. The Standard Mark of Bureau of Indian Standards (BIS) is mandatory for automotive tires and tubes. 2. AGMARK is a quality Certification Mark issued by the Food and Agricultural Organisation (FAO). Which of the statements given above is/are correct?

What is/are the most likely advantages of implementing ‘Goods and Services Tax (GST)’? 1. It will replace multiple taxes collected by multiple authorities and will thus create a single market in India. 2. It will drastically reduce the ‘Current Account Deficit’ of India and will enable it to increase its foreign exchange reserves. 3. It will enormously increase the growth and size of economy of India and will enable it to overtake China in the near future. Select the correct answer using the code given below:

List of ingredients including additives 2. Nutrition information 3. Recommendations, if any, made by the medical profession about the possibility of any allergic reactions 4. Vegetarian/non-vegetarian

A decrease in tax to GDP ratio of a country indicates which of the following?

In, India, markets in agricultural products are regulated under the

The Government of India has established NITI Aayog to replace the

With reference to inflation in India, which of the following statements is correct?

The Substitution of steel for wooden ploughs in agricultural production is an example of

Which of the following are associated with ‘Planning’ in India? 1. The Finance Commission 2. The National Development Council 3. The Union Ministry of Rural Development 4. The Union Ministry of Urban Development 5. The Parliament

What does venture capital mean?

The main objective of the 12th Five-Year Plan is

Economic growth in country X will necessarily have to occur if

The national income of a country for a given period is equal to the

In the context of Indian economy, consider the following statements: 1. The growth rate of GDP has steadily increased in the last five years. 2. The growth rate in per capita income has steadily increased in the last five years. Which of the statements given above is/are correct?

In terms of economy, the visit by foreign nationals to witness the XIX common Wealth Games in India amounted to

A “closed economy” is an economy in which