www.ThinkITI.com

Home
MCQ
Search
Free Apps
Important
Study Groups
Contact Us
Policy

Home
MCQ
Objective Questions
GK
GK Set-1
Economics
Indian Economics
203

Indian Economics MCQ (GK Set-1) with Answers

203) Who among the following is not a neoclassical Economist?

Robert Solow

J. E. Meade

Paul Rom

T. W. Swan

Answer is:

T. W. Swan

Indian Economics MCQ (GK Set-1) with Answers

For more MCQ's Click Here

Related Indian Economics MCQ (GK Set-1) with Answers

204) What is the objective of hedging in international foreign exchange transactions?

To bear the risk in foreign exchange

To secure risk in foreign exchange

Speculation in foreign exchange

Arbitrage operations in foreign exchange

Answer is:

Speculation in foreign exchange

205) EURO came into circulation since

1-Jan-96

1-Jan-97

1-Jan-98

1-Jan-99

Answer is:

1-Jan-99

206) If the marginal propensity to save is 020 and the marginal propensity to imports is 0 the effect of an increase in exports of Rs. 100 million on national income is equal to

Rs. 450 million

Rs. 300 million

Rs. 250 million

None of the above

Answer is:

None of the above

207) Open market operation means

Borrowing by scheduled banks from the Central Bank

Purchase and sale of Government Securities by the Central Bank

Lending by Commercial Banks to industry and trade

Deposit mobilization

Answer is:

Purchase and sale of Government Securities by the Central Bank

Indian Economics MCQ (GK Set-1) with Answers

For more MCQ's Click Here